CBS Investment

Mexico has been one of the emerging markets and star economy sector in the world. Both domestic and international Mexico manufacturing has been always improving. After the ‘Bracero program’ was signed between United States and Mexico, Mexico manufacturing sector grows rapidly. Companies from United States started setting up their assembly in Mexico because Mexico had plenty of raw materials available.

The duties levied on the companies had also been relaxed between these countries. This program was called as ‘The Border Industrialization Program’. With the implementation of NAFTA called as North American Free Trade Agreement, Mexico manufacturing has tripled.

In the first part of our reviews on how the world is changing through the crisis, we tried to describe the degree of the preparedness of countries to the intellectual economy, highlighting those that, in our opinion, are leaders in building the new economy. Now we want to share our views on what countries will become the main victims of the global depression.
But before going to the figures, on which we will carry out our “sentence” we should first explain what happened to these countries and how they have come to bankruptcy.
The 20th century became a century of socialism, and the reason lies not in the USSR and other countries of the socialist camp, but in the fact that the social-democratic ideas began to shape the development of Europe. So how did this happen?

The volume of retail sales in the United States grew by 0.5% in May 2009 compared with that of April and amounted to 339.99 billion dollars. Such data was released on Thursday, June 11, by the US Department of Commerce. Analysts had expected that this figure would increase by 0.6%.

In annual terms, retail sales in the United States decreased by 9.6% in May 2009.

According to revised data, the volume of retail sales decreased by 0.2% in April of this year.

Russian foreign trade turnover in January-April 2009 decreased by 45.3% compared to that of the same period last year and amounted to $ 124.3 billion, says the message of the Federal Customs Service. Foreign trade turnover with foreign countries amounted to $ 106.3 billion (down 45.1%), and with the CIS countries – 18 billion (down 46.5%).

The trade balance was positive in the amount of $ 31.3 billion, which is $ 38.8 billion less than that in January-April 2008. In the trade with foreign countries the balance was equal to $ 24.7 billion (down 34 billion dollars), and with the CIS countries – 6.6 billion dollars (a decrease of 4.8 billion dollars). Export of the Russian Federation in January-April 2009 amounted to $ 77.8 billion as against that of January-April 2008 – a decrease by 47.7%, including export to foreign countries – $ 65.5 billion (down by 48, 1%), and the CIS countries – $ 12.3 billion (down by 45.4%).