The Mexican peso started the week on a positive note, gaining ground against the U.S. dollar. This rebound comes after the peso hit its lowest point in over two years. The currency market is adjusting positions as the U.S. presidential election approaches. The spot exchange rate stands at 20.0730 pesos per dollar. Compared to Friday’s […]
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Drought forces Panama Canal to limit daily passage to 32 ships
Due to insufficient rainfall, the Panama Canal Authority has reduced the number of vessels permitted to cross the interoceanic route to 32 per day. This decision, effective as of midnight this past Sunday, threatens the canal’s income – vital to public coffers – and risks exacerbating maritime congestion. The Panama Canal normally sees an average […]
Brazil is planning to create 2 million formal jobs in 2023
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