In early 2020, due to the uncertainties related to the trade war between the United States and China, Grupo Elektra decided to purchase additional inventories from suppliers in China in anticipation of further impacts from the trade war. When the Covid-19 pandemic was declared, Grupo Elektra continued to
The peso starts the session with a depreciation of 0.38% or 7.5 cents, trading around 20.05 pesos per dollar, as caution continues to be observed among market participants, as happened during Monday’s session. In the foreign exchange market, the currencies that lose are mainly from emerging economies, the
On December 26, 2020, the Ministry of Energy (Sener) published in the Official Gazette of the Federation a new regulation regarding the permitting process involved in the import and export of fuels and nuclear materials in Mexico. According to the federal government, the regulations aim to combat tax
The European Union (EU) and China reported on December 30 that negotiations for a Global Agreement on Investment (CAI) have concluded in principle. This agreement follows a call between the Chinese President, Xi Jinping, and the President of the European Commission, Ursula von der Leyen, the President of
The United States reported on December 30 that it adjusted tariffs on certain products imported from the European Union (EU). The United States was authorized in October 2019 to impose additional tariffs on approximately $ 7.5 billion worth of EU products as a result of the WTO Large
The peso closed the session with a depreciation of 0.38% or 7.6 cents, trading around 19.98 pesos per dollar, erasing the overnight gains that had led the exchange rate to a minimum of 19.7158 pesos per dollar. The depreciation of the peso was the result of a return