economy

US Remittance Tax May Initially Boost Sendings, but Could Foster Informal Market

US Remittance Tax May Initially Boost Sendings, but Could Foster Informal Market

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June 5, 2025

Introduction Economists from Oxford Economics predict that if the US Senate approves a 3.5% tax on remittances, it could initially...

Mexican Economy Continues to Show Weakness with Cyclical Indicators Below Long-Term Trend

Mexican Economy Continues to Show Weakness with Cyclical Indicators Below Long-Term Trend

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June 5, 2025

Cyclical Indicators Signal Economic Weakness and Potential Recession The Mexican economy continues to exhibit signs of weakness, as reported by...

Trump’s Tax Plan Projected to Add $2.4 Billion to National Debt, Less Than Initially Estimated

Trump’s Tax Plan Projected to Add $2.4 Billion to National Debt, Less Than Initially Estimated

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June 5, 2025

Background on the Tax Plan and Key Players The nonpartisan Congressional Budget Office (CBO) recently revised its estimate of how...

Mexico and Guatemala to be Most Affected by US Remittance Tax

Mexico and Guatemala to be Most Affected by US Remittance Tax

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May 31, 2025

Introduction The proposed 3.5% tax on remittances by the U.S. government, initiated under Donald Trump’s administration, would significantly impact Mexico...

China’s Industrial Activity Shrinks for Second Consecutive Month in May

China’s Industrial Activity Shrinks for Second Consecutive Month in May

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May 31, 2025

Overview of China’s Industrial Slowdown China’s industrial activity contracted for the second consecutive month in May, despite a temporary truce...

Moody’s Downgrades Brazil’s Outlook to Stable from Positive; Retains Ba1 Rating

Moody’s Downgrades Brazil’s Outlook to Stable from Positive; Retains Ba1 Rating

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May 30, 2025

Background on Moody’s and its Role Moody’s Analytics is a global provider of financial intelligence, serving clients in financial services,...

Mexico’s Government Continues with Spending Key Closed, While Public Revenues Grow

Mexico’s Government Continues with Spending Key Closed, While Public Revenues Grow

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May 30, 2025

Background on Claudia Sheinbaum’s Administration Claudia Sheinbaum, the current Head of Government of Mexico City, has been a prominent figure...

Canadian GDP Grows 2.2% in Q1, Boosted by Export Advance Amid Trump Tariff Threats

Canadian GDP Grows 2.2% in Q1, Boosted by Export Advance Amid Trump Tariff Threats

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May 30, 2025

Canadian Economy Booms with 2.2% Growth in Q1 The Canadian economy expanded by 2.2% in the first quarter of the...

US Inflation Moderates More Than Expected in April Despite Tariffs

US Inflation Moderates More Than Expected in April Despite Tariffs

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May 30, 2025

Background on Donald Trump and His Tariff Policies Donald Trump, the 45th President of the United States, served from January...

Argentina Raises $1 Billion in Bond Sale, Signaling Economic Confidence

Argentina Raises $1 Billion in Bond Sale, Signaling Economic Confidence

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May 29, 2025

Background on President Javier Milei and His Economic Impact President Javier Milei of Argentina has successfully raised $1 billion from...

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