Long-term declines in Mexico’s liquids supply, OPEC forecasts.

Photo: Adonyi Gábor on Pexels In addition to it, the rating agencies see a deterioration of Pemex’s credit profile OPEC’s World Oil Outlook 2020, has forecast that Mexico’s liquids supply will see a long-term decline that will put the country’s production below today’s output, despite the importance that the Mexican government has placed upon reviving …

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Is a leaderless world feasible?

Whether “A Leaderless and Divided World will be the New Normal” was discussed at a virtual conference hosted by the Singapore Summit. Niall Fergusson asserted: “The world has an inherent need for leadership. If the U.S. genuinely can no longer provide it, someone else will. Perhaps China, perhaps — who knows — a European Union who now …

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21st-century power

How clean energy will remake geopolitics In this week’s issue of The Economist, the cover story is about how oil was the source of energy for the 20th century—its cars, its wars, its economy, and its geopolitics. Now, as reported here a month ago in the story called, “From oil to energy”, major companies are …

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The Next Global Superpowers

The Next Global Superpowers Are Racing For Future World Domination. When you think about the world’s superpowers, you probably think of countries like the United States and China. And that’s for a good reason, as these are ‘currently’ the world’s two largest and most important …

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Mexico’s Investment Climate Statements

2020 Investment Climate Statements: Mexico EXECUTIVE SUMMARY EXECUTIVE SUMMARY In 2019, Mexico became the United States’ top trading partner in goods and remains one of its most important investment partners.  Bilateral trade grew 654 percent 1993-2019, and Mexico is the United States’ second largest export market and third largest trading partner.  The United States is …

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Canada and the United States slap tariffs on each other.

Photo: Casper Johansson on Unsplash After President Trump said the U.S. would reimpose a tariff of 10% on some aluminum produced in Canada, the Canadians responded that they will impose tariffs on a range of U.S. products that contain aluminum in retaliation to President Trump’s unfriendly action.          This marks a return to the tense trade …

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From Oil to Energy

Photo: Morning Brew on Unsplash The oil giants, especially in Europe are pushing their efforts to look like electric companies. Major companies are increasingly changing the way they are perceived, from oil companies to energy companies. And not just in terms of perception, there is a shift in the priorities of their businesses. Exxon Mobil …

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