Search Results for: Mexico
10 results out of 799 results found for 'Mexico'.
FORMER UNDERCOVER DEA INVESTIGATOR SAYS CULTURE SHIFTS ARE NEEDED TO PROMOTE LONG-TERM PROBES ON ML PROS
A former DEA agent who laundered money undercover to attack the Medellín and Cali cartels has called for a root-and-branch reform of AML, so that its vast resources target the most suspicious transactions and the professional launderers who facilitate them. Speaking to MLB, Robert Mazur, who offered ML services to drug kingpins such as Pablo Escobar in the 1980s and 1990s to undermine their criminal networks, said that many laundering techniques used then are still in use today.…
NON-BIG THREE MANUFACTURERS FIGHT UNIONISED WORKER ONLY EV TAX CREDIT, AS CONGRESS CONSIDERS VOTE
Opposition is mounting outside the Big Three US auto manufacturers to proposed federal tax credits for electric vehicle purchases within proposed House of Representatives and Senate versions of the Build Back Better Act.
With a House vote maybe happening this week, representatives of foreign-owned and non-union manufacturers as well as the Canadian and Mexican governments, are pushing for changes to the tax credit packages under discussion.…
FALLS IN KEY SUPPLIES AND DOMESTIC MARKET WEAKNESSES PREVENT MEXICO AUTOMAKERS FROM RECOVERING AS COVID-19 EBBS
Automotive associations and manufacturers in Mexico admit that their country’s automotive industry is registering a much slower rate of Covid-19 recovery than expected due to supplies shortages, which have especially impeded light vehicle production – cars, CUVs, SUVs and pick-ups.
In early October, the Mexican Automotive Industry Association, (Asociación Mexicana de la Industria Automotriz – AMIA) noted that light vehicle sales in September in Mexico were 76,930 units, meaning 1.1% less than the number recorded during September 2020, when the pandemic was ravaging Mexico’s economy, which lost 8.5% of its GDP last year (2020).…
EL SALVADOR CLOTHING INDUSTRY BOSS PILOTS SALVADORAN TEXTILE AND CLOTHING INDUSTRY OUT OF COVID CRISIS
The executive director of the Chamber of the Textile and Apparel Industry, of El Salvador (CAMTEX – Cámara de la Industria Textil) has told Just Style how her manufacturing hub is seizing market opportunities growing as Covid-19 ebbs.
Patricia Figueroa, who has been in her job since 2015, also highlighted the challenges the Salvadoran clothing and textile industry will tackle in 2021-22, with CAMTEX’s help.…
CANADIAN PARTS SECTOR COULD SUFFER FROM TRUMP IMMIGRATION TARIFFS ON MEXICO
THE CANADIAN auto parts sector is likely to suffer should the Trump administration go ahead with plans to impose escalating duties on Mexican exports to the USA to force Mexico to further restrict immigration into America.
With President Donald Trump yesterday (June 5) claiming talks with the Mexican government have been insufficiently productive, the US is poised to impose 5% duties on all imports from Mexico on June 10.…
HAULIER SHORTAGE POSES CHALLENGES FOR CAN INDUSTRY WORLDWIDE
The lorry driver shortage in the UK has grabbed headlines, with concerns raised that Britain’s Brexit from the European Union has worsened the problem. And while that is almost certainly true, the shortage of drivers willing and able to take on commercial haulage jobs is far from being a Britain-only challenge.…
COVID-19 DISRUPTION OFFERS AMERICAS TEXTILE COMPANIES CHANCE TO GRAB AND HOLD NEW MARKETS
The relationship between the USA textile industry and its counterparts in Latin America has never been straightforward, given the US exports fabrics and fibre to its neighbours as well as importing apparel, but the Covid-19 pandemic has increased complexity in this relationship.…
WHY DO WE FAIL WHILE OTHERS SUCCEED?
One of the world-changing impacts of the Second World War was an understanding that unfettered competition between nation states was not just undesirable, but – if taken to its logical conclusion – would lead to war. Amidst the ruins of Europe, as an exhausted continent stumbled out of conflict, new thinking emerged, that economic links between neighboring countries be deliberately forged to create interdependence that would encourage cooperation to achieve wealth.…
EL SALVADOR TEXTILE AND MANUFACTURING SECTOR RECOVERS 74.8% OF THE EXPORT VOLUME AFTER TOUGH 2020
After a Covid-disrupted 2020, the clothing manufacturing industry in El Salvador is now recovering fast, with sales pushed increasing demand in its key United States export market. Sales to the USA gathered USD1.5 billion in the first semester of 2021, USD664 million more than the same period in the previous year (+74.8%), according to data from El Salvador’s central bank (Banco Central de Reserva de El Salvador).…
EL SALVADOR TEXTILE AND MANUFACTURING SECTOR RECOVERS 74.8% OF THE EXPORT VOLUME AFTER TOUGH 2020
After a Covid-disrupted 2020, the clothing manufacturing industry in El Salvador is now recovering fast, with sales pushed increasing demand in its key United States export market. Sales to the USA gathered USD1.5 billion in the first semester of 2021, USD664 million more than the same period in the previous year (+74.8%), according to data from El Salvador’s central bank (Banco Central de Reserva de El Salvador).…