Everything seems to indicate that the worst is over in most countries. The year 2022 will be remembered as a year in which many Latin American countries, once again suffered the general rise in prices. The projections for 2023 mark a bittersweet path: everything seems to indicate that last year’s highs will not come again, except in cases such as Venezuela or Argentina. However, but the problem of rising prices will continue to be a stone in the shoe.
In a recent report, the World Bank notes that in order to control inflation on a lasting basis, countries in the region may require a «considerable further increase in interest rates.» In another section on Latin America and the Caribbean, it states: «General inflation seems to have reached its peak in the middle of the year (2022) in most countries, but it continues to be much higher than the targets of the central banks. Source: Bloomberg
What are the states with the highest minimum wage?
Seven states of the Mexican Republic stand out for offering a salary to employees above the national average real salary, which is 385 pesos per person affiliated with the Mexican Institute of Social Security (IMSS). According to the economic analysis by BBVA Research, the following places in Mexico stand out: Mexico City that offers 488 pesos, Campeche with 437 pesos, Baja California with 426 pesos, Nuevo León with 422 pesos, Querétaro contributes 420 pesos, San Luis Potosí with 390 pesos and Chihuahua with 389 pesos per day.
Likewise, electricity and water industry sectors, together with the extractives, are those with the highest level of average wages in real terms. However, their impact on the total wage bill is low, since these sectors generate a mere 1.1% of employment. On the other hand, manufacturing, services, commerce and other services hold 82.3% of the total wage bill. The growth potential of the wage bill is high in these areas, because employment growth and wages in these sectors are maintained, it will help to prop up consumption. Source: Mexico Industry.
Expo Seguridad México will bring video surveillance solutions
To disseminate technological advances in facial recognition, and information analysis to design security strategies through video surveillance, Expo Seguridad México is preparing the projects for the next Expo to be held from April 18 to 20, 2023, at the Citibanamex Center in Mexico City. To understand the growth of video surveillance, it should be noted that by the end of 2021 there were 1,000 million surveillance cameras in the world; 54% are located in China. With a population of 1,460 million, it means that there would be 372.8 cameras for every 1,000 people in the Asian country.
Although it is not only about this nation. Indore, Hyderabad, Delhi, Chennai, Singapore, Moscow, Baghdad, London, St. Petersburg and Los Angeles are the 10 most heavily watched cities outside of China. And on the other hand, Delhi, Chennai, Singapore, Seoul, Moscow, London, New York, Hyderabad, Mumbai and Mexico City are the 10 most heavily watched cities outside of China, according to the number of cameras per square mile. Source: Mexico Industry.
