Search Results for: "supply chain"
South Korea’s exports surged 65 percent year-over-year in the first 20 days of May, driven by semiconductor shipments that more than tripled during the period. The spike marks one of the steepest export accelerations in the country’s recent history, with chip demand—particularly for AI and data-center applications—rewriting Korea’s trade balance. The Ministry of Trade, Industry and Energy confirmed the preliminary figures Thursday, signaling that the semiconductor rebound initially forecast for late 2025 has arrived ahead of schedule.
JETOUR and SOUEAST launched three plug-in hybrid SUVs in Brazil, marking their second Latin American market after Mexico. The dual-brand entry targets the region’s nascent PHEV infrastructure with models positioned below Tesla pricing. Brazil’s EV incentive regime and consumer appetite for Chinese-built hybrids make it the proving ground for their next phase of expansion across Colombia, Chile, and Argentina.
Latin America and the Caribbean have entered what UN-Habitat officials are calling a critical stage of climate crisis, with direct impacts on economic stability and territorial development across the region. Fiona Littlejohn, representing the agency at the World Urban Forum’s thirteenth session, outlined how rising sea levels, intensifying storms, and prolonged droughts are forcing governments to rethink urban planning and infrastructure investment. The forum convened policymakers and development leaders to map adaptation strategies as climate pressures accelerate faster than earlier models predicted.
The Pentagon’s inspector general will review whether U.S. military boat strikes targeting alleged drug-smuggling vessels in Latin America adhered to established targeting protocols. The evaluation comes after dozens of attacks raised questions about operational oversight and regional sovereignty concerns. The probe marks a rare formal review of U.S. military counter-narcotics operations in the region.
Roberto Sánchez, the progressive candidate from Peru’s United for Justice Party, faces Keiko Fujimori in a June 7 runoff that could break the right-wing dynasty’s three-election grip on the country’s presidential race. Fujimori, daughter of imprisoned former president Alberto Fujimori, has finished second in Peru’s last three elections but never won; Sánchez now leads a coalition powered by voters familiar with decades of authoritarian exclusion. The stakes extend beyond Peru—Latin America’s left-populist wave has stalled in recent cycles, and a Sánchez victory would rewrite the region’s political map.
Zoomlion Heavy Industry Science & Technology Co. has launched a new manufacturing and training facility in Aguascalientes, Mexico, marking a rare FDI commitment from a Chinese industrial player even as overall China-to-Mexico FDI has declined 40 percent year-over-year. The hub includes a final assembly line for tractors and agricultural equipment plus a training center targeting Latin American markets. The move signals a bet on nearshoring corridors that bypass traditional China-U.S. routes.













