The Brazilian company Petrobras reported that it decreased its sales revenue 29.9% in 2020, to 53,683 million dollars. Although total sales volume increased, as a strong increase in exports (30% year-on-year) more than offset the fall in demand in Brazil, net income decreased due to the fall in
The Canadian company Equinox Gold Corp. plans to invest 427 million dollars in its mining projects in 2021. For this company its main product is doré gold. The largest buyers of doré gold produced in Equinox Gold’s mines, once refined, are the international bullion banks themselves, traders and
Wheat imports to Mexico will add 4.9 million tons in the 2021/2022 cycle (July to June), which would represent an increase of 2.1% year-on-year, according to projections from the Department of Agriculture (USDA). This increase represents an economic recovery after the severe fall of the Mexican economy due
The peso closed the session with an appreciation of 1.33% or 27.8 cents, trading around 20.66 pesos per dollar, with the exchange rate touching a minimum of 20.5776 and a maximum of 20.9606 pesos. The Mexican peso was the most appreciated currency in the exchange market, followed by
The Telecommunications Industry Association (TIA) of the United States has warned that if the government disappears the Federal Telecommunications Institute (IFT), it would violate the Treaty between Mexico, the United States and Canada (USMCA). «We are concerned about the public support of President Andrés Manuel López Obrador to
Business associations of the United States asked the government of their country to initiate consultations on customs barriers in Mexico that violate the provisions of the Treaty between Mexico, the United States and Canada (USMCA). According to these associations, the Government of Mexico has not fully complied with