Industries and markets

Video: Mexico’s war on drugs – President to legalise all narcotics

“President Andres Manuel Lopez Obrador of Mexico is proposing to decriminalise all illegal narcotics in an effort to do what has so far proved impossible, ending the drug gang war.”

Brazil Halts Beef Exports to China on Mad Cow Disease Case

“Shipments have been temporarily suspended in compliance with quarantine and sanitary protocols between Brazil and China, according to the South American nation’s agriculture ministry. Meat cargoes shipped after May 30 must be returned to producers

US and Mexico officials to begin talks over tariffs and border

“Mexico launched a counteroffensive Monday against the threat of U.S. tariffs, warning not only that it would hurt the economies of both countries but also could cause a quarter-million more Central Americans to migrate north.”

Labor Reform in Chile

On May 2, 2019, the Chilean government announced the second draft labor reform to modernize its labor system and address certain tax and regulatory issues. The new project focuses on the following topics:   Working

Mexico hopes for migration deal as tariff deadline looms

“Mexico’s Foreign Minister Marcelo Ebrard warned Monday that President Donald Trump’s planned punitive tariffs on Mexico would be “counterproductive” for cracking down on migrants, but the White House reiterated Trump’s threat is serious.”

Mexico’s president vows to curb crime with social programmes

” Lopez Obrador says he wants to fight crime with social programmes that will not only lift people out of poverty, but prevent at-risk young people and unemployed adults from ending up in organised crimes.”

Lopez Obrador popularity stands solid: wins in two state elections

“Lopez Obrador’s National Regeneration Movement (MORENA) party was seen winning the Baja California race with between 53.8 per cent and 57.2 per cent of votes, and the Puebla race with between 48.5 per cent and

Petrobras and Falklands lead in FPSO deployments in South America

“Petrobras is expected to deploy 17 planned and announced floating production, storage and offloading vessels (FPSOs) globally during the outlook period 2019-2025, the highest among all the operators globally. Among the planned and announced FPSOs

Peruvian president threatens to dissolve Congress unless anti-graft reforms passed

“Our firm decision to correct and change the political and justice system affects powerful interests that are protected by unscrupulous politicians,” Vizcarra said in a 10-minute message, flanked by his cabinet and regional governors.”

Peso plunges 3% on United States tariff announcement

“The peso plunged more than 3% today on the news that United States President Donald Trump will impose a 5% tariff on all Mexican imports in order to pressure Mexico to do more to curb