Mexico has achieved a remarkable milestone in its trade relationship with the United States. Recent data from the US Census Bureau reveals a significant shift in import patterns. Mexico now stands as the leading external supplier to the US market, surpassing both China and Canada. The figures paint a clear picture of Mexico’s growing influence. […]
Related Posts
Argentina’s Central Bank Faces Historic Reserve Drop
In 2019, Argentina’s Central Bank (BCRA) boasted over US$12 billion in net reserves. By November 2023, a stark reversal occurred, with net reserves plummeting to a negative US$11.311 billion. This marks a significant drop of US$23.395 billion over four years. Analysts have derived these figures from BCRA’s published data on gross international reserves. As of […]
Oil Prices Surge as Iran-Israel Conflict Escalates: Global Markets on Edge
The global oil market experienced significant turbulence on October 1, 2024, following Iran’s missile attack on Israel. Brent crude futures for December delivery rose 2.6% to $73.56 per barrel. West Texas Intermediate (WTI) crude for November delivery climbed 2.43% to $69.83 per barrel. During the trading session, prices surged by more than 5% at their […]