economy

economy
Eight Countries Form Coalition to Tax Private Jets and Business Class Flights
Background on Key Participants On June 30, eight countries—including France, Kenya, and Spain—established a coalition to advance taxation in the...

economy
Chinese Factory Activity Rebounds in June, Supported by Rising Orders
Overview of the Caixin Private Sector Manufacturing PMI China’s factory activity expanded again in June, backed by an increase in...

economy
Mexico’s Fiscal Deficit Continues to Shrink, but Public Debt Rises
Introduction to Claudia Sheinbaum’s Government and Fiscal Performance Under Claudia Sheinbaum’s administration, the Mexican government has been working diligently to...

economy
Mexican Government Tightens Public Spending; Spending Decreases by 5.3% Annually in First Five Months
Background on Claudia Sheinbaum’s Administration Claudia Sheinbaum, the current Head of Government in Mexico City, has been implementing measures to...

economy
Tax Revenues Grew 8.9% in May; Petroleum Incomes Fell 23.8%
Tax Revenue Growth Amidst Declining Petroleum Incomes According to the information from Mexico’s Secretaría de Hacienda y Crédito Público (SHCP),...

economy
Mexican Congress Approves Anti-Money Laundering Law Reform Amid Concerns of Overregulation and Risks
Background on Javier Corral and the Relevance of the Reform Javier Corral, a Mexican senator from the Morena party, spearheaded...

economy
Mexican Anti-Money Laundering Law Passes in Lower House Amid Concerns
Background and Relevance The Mexican Chamber of Deputies approved the reform to the Federal Law for the Prevention and Identification...

economy
Central Banks Should Focus on Meeting Their Objectives, Says BIS Representative
Uncertainty Increases Global Economic Vulnerability, Says Alexandre Tombini Alexandre Tombini, head of the Bank for International Settlements (BIS) representation for...

economy
US Senate Nears Vote on Trump’s Budget Bill Amidst Controversy
Background on the President and His Proposed Bill President Donald Trump is pushing his political party to pass his proposed...

economy
S&P Downgrades Colombia’s Credit Profile, Placing It in Second-Worst Category
Introduction to Colombia’s Credit Rating and Its Current Status Standard & Poor’s (S&P) Global Ratings has downgraded Colombia’s long-term foreign...