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“The hidden costs of globalization slowdown.”

“The hidden costs of globalization slowdown.”

Given the growth in global trade in recent years, it might be tempting to argue that trade barriers for geopolitical reasons have had an insignificant economic impact. However, while the international trade system may appear resilient, tariffs and other restrictive...
Mexico is at risk of not fully leveraging nearshoring: IMF

Mexico is at risk of not fully leveraging nearshoring: IMF

Although Mexico can attract investments due to its proximity to the U.S., much remains to be done and there are issues to address, such as energy and infrastructure, noted the organization. Despite the Mexican economy growing more than anticipated, there is a risk of...
Drought will cause minimal sugar production.

Drought will cause minimal sugar production.

The GCMA predicts a nearly 10% decline compared to the 2022-2023 harvest; due to lower production and high domestic demand, sugar imports would amount to 435,000 tons. Sugar production for the 2023-2024 harvest will close at 4.7 million tons, a minimum level in at...