Sovereign debt bailouts are counterproductive, concludes an analysis published by the United States Federal Reserve (Fed). In general, sovereign debt crises occur in waves, spreading from one country to another. The euro area debt crisis of 2011-12 is a good example of this. The tension in the sovereign
Commercial airline flights are safer in relation to Covid-19 than transport by train and bus, the International Air Transport Association (IATA) stated. “There have been millions of flights since the start of the Covid-19 outbreak. And there are very few reported incidents where transmission is suspected on board,”
At the request of the ArcelorMittal company, Mexico initiated an anti-dumping investigation on imports of carbon and alloy steel slab from Brazil and Russia. In the trade of this product, the importers involved are: Ternium México, Altos Hornos de México and Grupo Acerero, while the exporters are Ternium
The G-20 international trade and investment ministers will discuss issues related to the reform of the World Trade Organization (WTO) on Tuesday. The Ministers will hold a meeting under the Saudi G20 Presidency on September 22, 2020, to strengthen cooperation on trade and investment policy with inclusive and
The peso starts the session with a significant depreciation of 1.65% or 34.8 cents, trading around 21.48 pesos per dollar, ranking as the second most depreciated currency in the wide basket of main crosses, behind the South African rand, which lost 2.48 percent. Most currencies lose against the
In terms of aircraft departures, all of 15 main airports in the world posted declines with a combined decreace of 41.4% year-on-year, according to data from the International Civil Aviation Organization (ICAO). The top 15 airports list is made up of only US and Chinese airports, with Phoenix