Global container traffic data, compiled by the company Xeneta, support the thesis that Beijing is using the Mexican route as a way to avoid U.S. tariffs and restrictions on Chinese products
Countries in the region are suffering more pronounced economic changes than any other region, according to a study by the United Nations Development Program
More than 3,000 participants including finance ministers, central bank presidents, businesspeople and representatives of civil society will meet in Punta Cana for the event, which runs from March 6 to 11
The organization that manages this critical artery of global trade estimates losses of over $700 million this year. The chronic drought caused by El Niño has limited the number of ships that can transit each day
These are some of the lessons that can be learned from three countries with experience of a dollar-based economy if Argentina, Latin America’s third-largest economy, chooses to adopt the currency as legal tender
Official data published on Wednesday confirm America’s ongoing efforts to decouple its economy from the Asian giant’s as well as Mexico’s push towards nearshoring
A judge ruled in favor of Javier Gutiérrez and José Guadalupe Valdés over a case involving executives from CFE in Mexico and Whitewater Midstream in the US, where the business dealings are also being probed
Mexico overtook the Asian giant in the value of exports to the U.S. in the cumulative first 11 months of 2023, totaling almost $439 billion, while China lagged behind with $393 billion
The ‘nearshoring’ narrative, strength of the exchange rate and economic expansion have convinced international markets, which support a historic bond issuance: the $7.5 billion placed this week exceed the total debt issued during the entire 12 months of recent years
When China, the U.S. or the EU imposes a restrictive trade measure on another, there’s a 73% probability that they will respond with a retaliatory measure within 12 months, says the deputy managing director of the International Monetary Fund
After its contract in Panama was cancelled, Tristan Pascall, the head of Minera Panamá, a subsidiary of the Canadian company, is urging authorities to allow them to continue operating the copper mine to close it ‘responsibly’
Multilateral organizations, ratings agencies and investment banks have updated their growth forecasts due to ‘repeated positive surprises’ in a market that has resisted financial volatility
Mexico is the second-biggest market for Chinese-made cars after Russia. The intention of Beijing-based companies to open assembly plants in the Latin American country has alarmed legislators in the United States
The Central American country is the world’s fourteenth largest copper producer and has gained relevance as a result of increasing interest in electric energy as an alternative to fossil fuels
If the company were allowed to break ground on their new plan tomorrow, it could start investing 800 million dollars over the next 18 months, said Bacanora CEO Peter Secker
After announcing an investment of nearly $5 billion to build a factory in northern Mexico, Elon Musk’s company is facing unexpected delays. This would impact its plan to put its new model on the market in 2025
Anticipating an increase in the amount of federal government social benefits, Mexicans are taking on debt to purchase more. Spending during the country’s Independence Day celebrations reached its highest level in five years