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Mexico’s Leader Predicts $63 Billion in 2023 Remittances
Mexico’s President, Andrés Manuel López Obrador, expects remittances to go beyond $63 billion by 2023’s end. Recently, the Central Bank reported an 8.6% rise in August’s remittances compared to last year. 2022 the total was $5.122 billion, showing a 7.9% yearly increase. López Obrador thanked Mexicans abroad during a press talk. “Our overseas compatriots have […]
South American Vino Triumphs in Global Market
Chile and Argentina excel in the global wine market due to their fertile soil and ideal climate, producing award-winning wines. Despite local ups and downs, exports remain strong. Stats from the International Organisation of Vine and Wine (OIV) put both in the top ten. They excel in vineyard areas, wine-making, and shipping abroad. Argentina also […]
Russia Slashes Fuel Exports and Brazil Feels the Heat
Russia is cutting back on gasoline and diesel exports to address local shortages and high prices. There’s no set end date for these limitations. Brazil, a major importer of Russian diesel, will feel the pinch. High oil prices, a weak ruble, and seasonal refinery work have driven up Russia’s fuel costs. Russia’s Energy Ministry says […]