The United States and El Salvador signed an important Reciprocal Trade Agreement that will allow the two countries to focus on key aspects of their economic relations, such as exports, tariffs, and security, among others.

The objective is to consolidate the bilateral economic relationship by focusing on the discussion of “non-tariff barriers, including simplifying regulatory requirements and authorizations for U.S. exports, such as the acceptance of vehicles and auto parts manufactured according to U.S. motor vehicle safety and emissions standards, and the acceptance of FDA certifications and prior marketing authorizations for medical devices and pharmaceuticals.”

The Central American nation also anticipates the elimination of non-tariff barriers to “U.S. agricultural products in its market,” ensuring that U.S. agricultural exporters are not restricted by the mere use of certain terms related to cheese and meat.

For its part, the U.S. will eliminate reciprocal tariffs on certain Salvadoran exports, such as products not grown or extracted in the U.S., and textiles and apparel originating from the previous trade agreement, CAFTA-DR.

M.Pino

Source: sv.usembassy.gov

(Reference image source: CHUTTERSNAP on Unsplash)

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On the island of Margarita, Venezuela, the first platform for digital nomads was launched, identified as http://www.nomadsinmargarita.com/.

It offers interested parties varied information about the destination, lodging, services, visitor attention. Soon it will include event options, cultural agenda and other data that is useful and of interest to digital nomads.

The Venezuelan island is preparing itself with everything necessary to “guarantee the optimal conditions to combine work online and tourism for different types of public.”

The creators of this valuable tool for digital nomads are Álvaro Pérez-Kattar, a journalist, and the businessman in the e-commerce sector Chris Uzcategui. Both professionals will seek to demolish the idea that there is no good Internet connection in Margarita. “On the contrary, at this moment there are several companies guaranteeing excellent connectivity conditions, so that the workers of the world can come.”

The comfort of working on the island is combined with the pleasant Caribbean climate, the sea, the friendliness of the inhabitants and the incomparable natural setting. Undoubtedly, a tempting offer to work in the region, with all the facilities required.

M.Pino

Source: bancaynegocios

(Reference image source: Persnickety Prints, Unsplash)

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Between September 14 and 18, the presentation of four vehicle models with Iranian technology will take place. The cars will be assembled in Venezuela.

As indicated by the Minister of Transportation, Ramón Velázquez, the company in charge of assembling the vehicle will be Venirauto.

Velásquez assured that the “technological development” that Iran has had, in the midst of sanctions that have wanted to stop the country, are an “example that, despite coercive measures, these things can be done and much more.”

He indicated that 84 Iranian companies and more than 300 Venezuelan companies, mainly from the agri-food sector, will participate in the fair, where business roundtables will also be held.

K. Tovar

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Source: Bancaynegocios

La entrada Venezuela will have four vehicles with Iranian technology apareció primero en Bitfinance.

The Japanese car manufacturing company Toyota announced that from March 22 to 31 it will halt production of one of its domestic lines as a result of a shortage of chips, which could be a new blow to its manufacturing.

The decision was published through a statement in which the company indicates that one of the “two production lines of its Fujimatsu plant, in the center of the archipelago, will remain stopped”. They stressed that the recent and repeated production adjustments are consequence of the “shortage of component” derived from the Covid-19 pandemic”.

The Japanese car manufacturer made the announcement just one day after the production stoppage was known, until further notice, at the facilities located in the Chinese city of Changchun, where a new epidemic outbreak was discovered last Friday that forced the authorities to order the confinement of the 9 million people who inhabit the city.

Toyota to reduce production from April

The production of the Japanese manufacturer has been quite affected by the constant epidemiological outbreaks in Asian countries that have impacted the “component supply chain, especially semiconductors.”

Another factor that impacted the company’s production was the cyberattack to one of its suppliers that affected the platform for ordering and delivering components that forced the company to close all its national plants on March 1st. Since January the company has intermittently suspended production on several of its 28 production lines at 14 plants located in Japan and abroad.

The company informed its suppliers of the decision to cut planned national production by 20%, starting in April, in order to support suppliers that are experiencing difficulties. However, the company plans to produce 11 million vehicles until March 2023.

M. Rodríguez

Source: 800noticias.com

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Toyota Motor North America (TMNA) is the automobile group with the highest sales volume in 2021 in the United States after registering more than 2.33 million registrations, representing an increase of 10.4% compared to 2020, according to the Company data.

Thus, it surpasses General Motors, the sales leader in the US market since 1931, which sold 2.21 million vehicles, representing a drop of 12.9%.

In December, the Japanese group registered 174,111 vehicles, 30.2% less than in the same month of the previous year, while General Motors sold 440,745 units, 42.9% less.

The Toyota brand registered sales of 150,072 units in December, which represents a decrease of 29.0%, while in the year as a whole, it accounted for more than 2 million vehicles, which represents an increase of 10.3%.

“Despite a challenging second year in a row, TMNA ​​was focused on delivering an exceptional customer experience and we remain optimistic as our electrification strategy continues to evolve,” commented TMNA ​​Senior Vice President of Automotive Operations Jack Hollis.

For its part, General Motors blamed this decline in sales on the semiconductor crisis.

K. Tovar

Source: Anadolu

La entrada Toyota, No. 1 Selling in the US apareció primero en Bitfinance.

The head of the German automaker BMW, Oliver Zipse, presented a car made entirely from waste material and renewable raw materials.

The company aims to become “the most sustainable vehicle manufacturer in the world”, Zipse said at the Munich Motor Show (IAA).

According to Zipse, the BMW i Vision Circular is not simply a design study, but “a way of thinking, with which we develop the new class”, the architecture of electric cars for model generations from 2025.

The body of the small car is made of recycled and unpainted aluminum and steel. “This way you can get back on track again,” said BMW chief designer Adrian van Hooydonk.

Chrome, double frames and decorations were omitted, while the BMW logo was simply laser etched into the metal.

Also inside the vehicle there is no chrome or leather, but exclusively recycled material. Where the materials are put together, they are joined with connectors and screws, so that during the scrapping of the car they can be easily separated and reused.

The BMW designer explained that clients with high purchasing power and others who ascended socially were increasingly demanding responsible consumption.

The automaker made the circular economy its leitmotif at the IAA and wants to demonstrate with the i Vision Circular that customer demands for luxury and lifestyle can also be met with a car made from recycled materials.

K. Tovar

Source: Autonocion

La entrada BMW presented a car made from recycled material apareció primero en Bitfinance.

The vehicle manufacturer Tesla announced that it decided to invest 1.5 billion dollars in the acquisition of bitcoin, now being a reserve for the future of the company.

After presenting the annual report to the United States Securities and Exchange Commission (SEC), he also indicated that in the future it is planned to begin accepting this digital asset as a form of payment.

“Thereafter, we invested a total of 1.5 billion in bitcoin under this policy and we can acquire and hold digital assets from time to time in the long term. Furthermore, we hope to start accepting bitcoins as a form of payment for our products in the near future”, said Elon Musk’s company.

This purchase of bitcoin generates much more momentum for the digital asset, which has seen a growth in its value in recent months to the point of being close to $ 50,000 per btc.

The $ 1.5 billion invested by Tesla represents 8 % of the recorded cash and liquid assets, $ 19.4 billion, by the company in December 2020.

K. Tovar

Source: Tekcrispy

La entrada Tesla announces a million dollar purchase of bitcoin apareció primero en Bitfinance.