Demand for gold surged to an 11-year high last year. This is due to large-scale purchases on the back of high activity by retail investors and a slowdown of ETF outflows.
Amazon cloud subsidiary in Mexico to launch "local zone" in early 2023
Amazon Web Services Mexico (AWS), a subsidiary of Amazon.com Inc., will build a local data center in the first quarter of 2023. AWS local zones will allow customers to increase the network's bandwidth. Luis Velasco, country director for Mexico of Amazon Web Services, announced the expansion of local zones.
The data center uses a type of infrastructure deployment that refers to "local zones." They are designed to run real-time game sessions, store data on remote servers, create entertainment content, and perform engineering simulations.
AWS Mexico also confirms expansion plans for Guadalajara and Monterrey. The new offices will be completed between January and March 2023. The division is building alliances with local companies to increase its activities in the country.
It is a well-known fact that Mexico is considered the fourth most important cloud market after the U.S., Canada, and Brazil.
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Energy and Precious Metals Market events for February 2-3, 2023
Last year recorded an increased demand for gold up to the levels of 2011
Exxon Mobile is criticized for $56 billion profit
White House Supports Alaska Oil Project
Aluminum buyers from Japan agreed to pay extra charges in the first quarter
Latest news
Last year recorded an increased demand for gold up to the levels of 2011
1 February
Exxon Mobile is criticized for $56 billion profit
1 February
The White House expressed a negative assessment of the record profit of Exxon Mobile in 2022. The company earned $56 billion, and it’s a maximum for both itself and the whole oil industry of Western countries.
White House Supports Alaska Oil Project
1 February
The US Interior Department’s Bureau of Land Management supports an accelerated plan of oil production. It includes 3 new wells across the Willow site in the Petroleum Reserve-Alaska, instead of having 5 wells predetermined earlier.
Energy and Precious Metals Market events for February 2-3, 2023
2 February
On February 2, the focus is on natural gas reserves in the United States. On February 3, data on oil rigs from Baker Hughes and speculative positions on oil and gas, gold, silver, aluminum and copper are on the agenda.
Aluminum buyers from Japan agreed to pay extra charges in the first quarter
1 February
Japan was buying aluminum at a surcharge. Shipments from January to March were at $85-86 per ton, which is 13-14% less than in the previous quarter. Resources report weak demand and strong reserves of aluminum.