The impact of COVID-19 on global economies is being unfolded as we continue to experience the period of prolonged economic uncertainty. As the virus’ epicenter has shifted from Asia to Europe, and now Latin America, financial markets have plummeted and with them sectors such as the project development, infrastructure or construction sector on a worldwide … Continue Reading
On May 5, 2020, Mexican President Andrés Manuel López Obrador (“AMLO”) announced new measures to resume automotive manufacturing, mining, and construction activities amid the COVID-19 pandemic. Mexican Minister of Economy Graciela Márquez Colín announced on May 13 a new plan to re-open the economy in three stages. The first stage of the plan is set to begin on … Continue Reading
Over 300 manufacturing CEOs in the United States sent a letter to the President of Mexico on April 22 asking him to align Mexico’s definition of essential businesses with that of the U.S. Department of Homeland Security’s (DHS) Cybersecurity and Infrastructure Security Agency (CISA) to minimize supply chain disruptions in North America. On April 21, the Mexican … Continue Reading