In May, the Mexican peso closed with an appreciation of 1.45% or 29.3 cents, with the exchange rate going from 20.2462 at the end of April, to 19.9527 pesos per dollar today, the end of May. In the accumulated of the year, this is equivalent to a minimum
Mexico captured 1,050 million dollars of Foreign Direct Investment (FDI) in the mining sector during the first quarter of 2021, reported the Ministry of Economy. Since the second quarter of 2014, Mexico had not received an amount greater than that amount. Mining in Mexico is controlled by the
The World Trade Organization (WTO) reported that it initiated two panels to examine China‘s duties on barley and the European Union‘s measures on palm oil. On the one hand, at a meeting of the Dispute Settlement Body (DSB) held on May 28, WTO Members agreed to establish a
The Federal Economic Competition Commission (Cofece) of Mexico initiated an ex officio investigation in order to determine whether there are effective competition conditions in the distribution not linked to Liquefied Petroleum Gas pipelines at the national level. Pemex pipelines connect crude oil and natural gas production centers with
The OECD forecasts that the United States economy will grow 6.9% in real terms in 2021 and 3.6% in 2022. Substantial additional fiscal stimulus and a rapid vaccination campaign have fueled the economic recovery. For the OECD, the unemployment rate will continue to fall, even as more discouraged
The Organization for Economic Cooperation and Development (OECD) projected that Mexico‘s GDP will expand 5% in 2021. In the first half of the year, it is estimated that the growth was mainly due to exports. In the second half of 2021 and in 2022, with a greater participation