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11 Jan

UK, Oman Agree to Strengthen Economic Ties, Boost Investment

Britain and Oman have agreed to work more closely together to strengthen economic ties and increase high-value investment in areas such as clean energy and technology, following a meeting between the leaders of both countries last month.     UK companies have a long history of investment in Oman and they accounted for nearly 50% […]

08 Jan

Mexico asks USMCA dispute resolution panel on auto content

The Mexican government on Thursday requested a dispute resolution panel under the U.S.-Mexico-Canada free trade agreement because it claims the United States is improperly interpreting stricter regional content rules under the pact.   The agreement, known as the USMCA, raised required regional content to 75% of a vehicle’s value or components. Under the old NAFTA […]

06 Jan

Canadá y México empatan como socios comerciales de Estados Unidos a noviembre del 2021

Canadá y México empataron como socios comerciales de Estados Unidos de enero a noviembre de 2021, con una participación de 14.5% cada uno de los flujos de comercio de productos (importaciones y exportaciones).   Cerca de ellos, en la tercera posición, se ubicó China, con una porción de 14.3% en ese indicador, informó este jueves la Oficina del […]

05 Jan

The impact of the Turkish lira crashing and the currency crisis

Turkey’s beleaguered currency has been plunging to all-time lows against the US dollar and the euro in recent months as President Recep Tayyip Erdogan presses ahead with a widely criticised effort to cut interest rates despite surging consumer prices.   As a result, families are struggling to buy food and other goods and the Turkish lira has […]

04 Jan

Brasil registra superávit comercial récord en 2021

Brasil registró un superávit comercial récord de 61,000 millones de dólares en 2021, mostraron el lunes datos oficiales, y el Ministerio de Economía espera que esa cifra alcance los 79,400 millones de dólares este año debido a una disminución en las importaciones.   En el 2021, las exportaciones de una de las economías más grandes de América […]

03 Jan

Japan’s Factory Activity Growth Softens in December

Japan’s manufacturing activity grew for an 11th straight month in December, but at a slower pace than in the prior month as output and new order growth softened while cost pressures stayed elevated.   Businesses benefited from the weakening impact of the coronavirus pandemic as they shook off some of the drag of the health […]

01 Jan

China Sees ‘Unprecedented’ Difficulty in Stabilizing 2022 Trade

China faces “unprecedented” difficulty in stabilizing trade next year as favorable conditions that boosted export growth this year won’t be sustainable, according to a commerce ministry official.   Export gains may slow as competing countries recover their production capacities and as inflation that pushed up export values gradually eases, Ren Hongbin, vice minister of the […]

30 Dec

Erdogan busca aumentar su influencia en África

Turquía estrecha lazos con África. El presidente Recep Tayip Erdogan ha prometido enviar quince millones de vacunas contra la covid al continente negro. El anuncio lo ha hecho en la cumbre de tres días que reúne a decenas de dirigentes, la tercera con los mismos protagonistas.   Erdogan ha invertido mucho en África para reforzar […]

29 Dec

UK steel industry braces for slump in trade as US reduces tariffs on EU

The UK steel industry is braced for an immediate slump in trade from New Year’s Day when European Union rivals will gain a 25% price advantage selling to the giant US market.   The EU and the US reached a Halloween agreement to remove tariffs on a quota of steel and aluminium imported from the bloc into the US […]