Deficit of 2 billion dollars in the trade balance at the end of the first quarter

Deficit of 2 billion dollars in the trade balance at the end of the first quarter

Mexico City. The balance of Mexico’s trade balance – the difference between exports and imports – had a deficit of two thousand 801 million dollars at the end of the first quarter of the year, which is compared to the deficit of four thousand 799 million dollars observed in the same period last year, official … Read more

China’s Unrelenting Demand Boosts Gold’s Rise to All-Time Highs above $2,400/oz

China’s Unrelenting Demand Boosts Gold’s Rise to All-Time Highs above $2,400/oz

Growing Chinese Demand Bolsters Gold Prices amid Global Uncertainty Growing Chinese Demand Bolsters Gold Prices amid Global Uncertainty Gold Soars to Record Highs Gold’s meteoric rise to all-time highs, reaching over $2,400 an ounce this year, has captured the attention of global markets. The key contributor to this extraordinary ascent is none other than China, … Read more

Latvian Ports Record High Cargo Turnover of Russian Agricultural Products

Latvian Ports Record High Cargo Turnover of Russian Agricultural Products

18 companies carry out cargo transshipment of grain and other agricultural products of Russian origin in the big ports of Latvia. Grain and other agricultural products are transshipped in Ventspils port by five entrepreneurs, whose grain and other agricultural product cargo turnover in 11 months of the year was 350,000 tons, or 3.6% of the … Read more

Central Bank Announces New Bopreal Bonds for Importers of Goods and Services

Central Bank Announces New Bopreal Bonds for Importers of Goods and Services

The Central Bank announced this Wednesday that it will issue bonds for importers of goods and services with commercial debt that is outstanding. That is, for importers who financed their purchases abroad with loans and now must repay them. The monetary authority indicated that these titles can be purchased in pesos at the official wholesale … Read more

Without inputs, the industry was blocked | Milei scared away Chinese credit and there is no way to finance imports

Without inputs, the industry was blocked |  Milei scared away Chinese credit and there is no way to finance imports

When this week the chamber that brings together US capital companies in the country, Amcham, cried out over “the very large commercial debt accumulated by companies since March 2022”, and the lack of authorizations to purchase dollars to the Central Bank to cancel it, many thought that it was simply a demonstration of force and … Read more

Western Goods Available in Russia Despite Boycott: Impact of Parallel Import Scheme and Luxury Cars Withdrawal

Western Goods Available in Russia Despite Boycott: Impact of Parallel Import Scheme and Luxury Cars Withdrawal

Since Russia’s full-scale invasion of Ukraine on February 24, 2022, more than 1,000 foreign companies have announced their withdrawal from the aggressor country’s market. However, research by The Insider has revealed that, despite this boycott, various Western goods such as luxury cars, alcohol, carbonated drinks and clothing are available for purchase. The Russian government’s decision … Read more

De-Risking China: Understanding the New Buzzword in US and European Policies

De-Risking China: Understanding the New Buzzword in US and European Policies

New Buzzword Emerges as Policymakers Seek to “De-Risk” Relations with China In a surprising turn of events, policymakers in the United States and across Europe have recently embraced a new buzzword: “de-risking” relations with China. This term has gained popularity as a result of the sudden abandonment of the previously favored concept of “decoupling”, which … Read more

January-April Export and Import Volume Comparisons: Latvia, Sweden, and EU Member States

In January-April, compared to the four months of 2022, the volume of exports in Latvia, as well as in Sweden, increased by 3%. The volume of exports increased in 23 EU member states for which information is available, the fastest increase was in Slovenia (+14%), Greece and the Czech Republic (+12% in both countries), as … Read more