Yahoo Finance published this video item, entitled “Travelers from Mexico smuggling raw eggs across border amid rising food prices” – below is their description.
This segment originally aired on January 23, 2023
#eggs #mexico #inflation #yahoofinance
This segment originally aired on January 23, 2023.
Yahoo Finance’s Brooke DiPalma joins the Live show to discuss the recent surge in egg smuggling at the U.S. border.
Yahoo Finance YouTube Channel
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In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.
Mexico is a country in the southern portion of North America. It is the most populous Spanish-speaking nation. Mexico City is its capital city and largest metropolis.
Mexico became an independent nation state after the successful Mexican War of Independence against Spain in 1821.
Mexico is a developing country, but has the world’s 15th-largest economy by nominal GDP and the 11th-largest by PPP, with the United States being its largest economic partner. Since 2006, a conflict between the government and drug trafficking syndicates has led to over 120,000 deaths.
Mexico receives a significant number of tourists every year; in 2018, it was the 6th most-visited country in the world, with 39 million international arrivals.