Search Results for: Mexico
10 results out of 819 results found for 'Mexico'.
CANADA AND USA MAY BE NORTH AMERICAN PARTNERS, BUT TRIMS AND MODELS CAN VARY BY MARKET
Canada and the USA may have one of the world’s most integrated auto sectors, with 2021 passenger vehicle imports into Canada from the USA worth USD27.8 billion and exports to the USA worth USD26.5 billion, yet trims and models can differ in either market.…
METAVERSE OFFERS FRAUDSTERS NEW OPENINGS FOR CYBER-SWINDLES
It is ‘de rigeur’ for tech publications to define the ‘metaverse’ – Wikipedia is perhaps most succinct – ‘a metaverse is a network of 3D virtual worlds focused on social connection’ (1). As for their fraud risk, there is a growing consensus that the metaverse offers fraudsters and cybercriminals significant opportunities to exploit this growing network of IT systems integrating virtual or augmented reality (VR and AR).…
AD HOC ADVICE ON LAUNDERING DIRTY MONEY OFFERS WIDE RANGE OF TYPOLOGY INFORMATION TO AMLOs
How to launder a sack of ill-gotten cash is a question that does not just stretch the imaginations of law enforcers and AML officers, it can and does prompt useful assessments by professionals in other fields.
The question of how to launder USD1 million in dirty money is, for instance, a popular thread on the international online Q&A service Quora, with 84 answers.…
NICARAGUA LIKELY TO FACE NEW ECONOMICAL SANCTIONS AMID POLITICAL AND SOCIAL INSTABILITY
The political and human rights crisis in Nicaragua is worrying the international textile industry, given the serious chance the United States suspend the privileged access to American markets that Nicaraguan clothing and textile exporters have thus far enjoyed.
Just two months before the upcoming Nicaraguan municipal elections (November 6), more than 195 human rights defenders, journalists, clergy members, and actual or perceived political opponents have been accused and detained for allegedly committing actions against national sovereignty.…
HONDURAS STRENGTHENS POSITION AS US NEAR-SOURCING PARTNER, EVEN AS RECESSION CLOUDS LOOM
Honduras is strengthening its position as an outsourcing partner for the US clothing industry, with the central American country generating the second highest receipts from sales of textiles and finished garments under free trade agreements to the United States, just behind Mexico.…
US AUTO INDUSTRY EXPORTS RISK BEING HIT BY GREENBACK EXCHANGE RATES
The rising value of the US dollar in international exchange markets is inflating the value of exported US-made vehicles, while reducing the cost of competing imports and parts sourced overseas.
With war and inflation making the US dollar an attractive option to currency traders, the greenback has been appreciating, including against the Euro (EUR), Japanese yen (JPY), Canadian dollar (CAD), British pound (GBP), Swedish krona (SEK) and Swiss franc (CHF) – making up the US dollar index (USDX).…
CANADIAN AUTO SECTOR WELCOMES SCRAPPING OF US-FOCUSED EV TAX CREDIT
The Canadian automotive industry has welcomed the deal within the USA’s Democratic Party to propose a revised tax credit on purchases of electric vehicles (EV) in America which extends the payment to EVs made across north America, including Canada and Mexico.…
CENTRAL AMERICAN AND DOMINICAN REPUBLIC CLOTHING EXPORTS PRESS USA TO RETAIN CHINA TARIFFS AS THEY GROW CAPACITY
The central American and Dominican Republic clothing and textile sectors are lobbying against the United States scrapping the China 301 tariffs on finished apparel imports following a possible entente with Beijing, saying that the duties are helping encourage investments in their countries.…
EUROPEAN AND UK EXPORTERS DECREASE AMERICAN FORMULA SHORTAGE, BUT TRADE HINDERED BY RED TAPE
Continental European and British manufacturers are stepping up to supplement the depleted US infant formula market, but their efforts may be limited by too little supply and too much red tape. “In the short run, major export volumes from the EU [European Union] to the US in these products is not a very realistic expectation,” said Pekka Pesonen, secretary general of Copa-Cogeca, which represents EU farmers and agri-cooperatives.…
MEXICAN AUTO SECTOR LEADERS OPTIMISTIC FOR FUTURE DESPITE SUPPLY CHAIN CHALLENGES
Mexico’s largest automotive industry association, the AMIA (Asociación Mexicana de la Industria Automotriz) is optimistic about the Mexican sector’s future, despite having to recover from Covid-19 disruption, continued semi-conductor shortages and government support for used car sales.
Speaking to Wards Auto, AMIA president José Zozaya said current production halts because of chip-related parts shortages should end in 2022’s second semester, having already been reduced to hours a week from days in late 2021.…