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Several business sectors are taking advantage of the COVID-19 crisis to implement price hikes
Despite the catastrophic effects sparked by COVID-19, some business sectors have benefited from the crisis
S&P downgrades Mexico, Pemex ratings midst coronavirus crisis
S&P said it expected Mexican gross domestic product (GDP) to shrink between 2% to 2.5% in 2020
G20 leaders hold virtual summit to tackle coronavirus
G20 leaders pledged to inject USD$5 in fiscal spending trillion into the global economy to blunt the economic impact of the coronavirus
18 million Mexican jobs are at risk due to the COVID-19 crisis
Millions of Mexican entrepreneurs, micro, and small businesses will not be able to resist a temporary suspension of activities
Volkswagen to temporarily close Mexico’s plants amid COVID-19 crisis
The German automaker said the shutdowns are to preserve public health
Coronavirus keeps Spring Break from blooming as Mexico’s tourism industry declines
Hotel occupancy in the state of Quintana Roo, home to popular Caribbean beach getaways including Cancún and Playa del Carmen, is now below 60% when just a few days ago it was 85%
Nissan to halt Mexico car production over COVID-19
Several automotive companies are temporarily closing their plants to prevent the spread of the novel coronavirus
Honda to temporarily suspend Mexico car production over COVID-19
The measure seeks to protect the company from the expected drop on the demand of vehicles linked to the COVID-19 pandemic
Audi to halt Mexico car production amid COVID-19 crisis
The German carmaker will suspend production at its plant in Puebla from March 23 through April 13
Coronavirus pandemic intensifies the United States-China rivalry
Far from contributing to improving international cooperation as it might have been expected, the coronavirus pandemic is intensifying the rivalry between the United States and China