Mexico’s auto industry is on the brink of a major achievement in 2024, aiming to produce about 4 million light vehicles. Hybrid and electric vehicle manufacturing significantly fuels this milestone’s rise. The Mexican Association of the Automotive Industry (AMIA) forecasts this growth, pointing to a strong industry rebound and expansion. Exports are also expected to […]
Related Posts
More Seniors than Kids in Europe by 2024
By 2024, more Europeans over 65 will outnumber those under 15, according to the World Health Organization (WHO). The WHO made this announcement recently, warning of new challenges ahead. These shifts won’t happen globally until around 2064, says Our World in Data. So, what does this mean for Europe? The WHO outlines several key issues. […]
Focus Report: Slight Uptick in Brazil’s 2024 Inflation and Growth Forecasts
Analysts have recently adjusted their forecasts for Brazil’s 2024 economic outlook, revising inflation and GDP growth predictions upwards. The forecast for the basic interest rate in 2025 has also increased. The Central Bank’s Focus Report, released on Monday, revealed these new projections. The inflation estimate for 2024 has risen slightly from 4.38% to 4.39%. This […]
Sugar Market Sees Uptick After Recent Lows Due to Global Supply Challenges
In the bustling world of commodity trading, sugar prices in New York have shown signs of recovery after dropping to their lowest levels in over a year. This Monday, sugar futures rose by up to 2.2%, influenced by a wave of short-covering and emerging signs of a tightening supply. However, these gains were somewhat pared […]