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Renewed US Sanctions Stir Economic Tension in Venezuela
The United States has reactivated stringent sanctions on Venezuela’s oil industry, casting shadows over its economic future. This abrupt policy shift strips Venezuela of a vital license, which had propelled its oil exports and fostered investment opportunities. Announced on Wednesday, this policy change compels businesses to conform to a new, more restrictive regime within 45 […]
Mexico’s 2023 Trade Deficit Exceeds $10 Billion in Nine Months
Mexico’s trade balance shows a deficit of over $10 billion for the first nine months of 2023. The National Institute of Statistics and Geography (Inegi) reported this data. Last year, the deficit stood at $25.651 billion during the same period. From January to September, Mexico’s exports rose by 2.7% compared to 2022. They totaled $441.537 […]