economy

Eight Countries Form Coalition to Tax Private Jets and Business Class Flights

Eight Countries Form Coalition to Tax Private Jets and Business Class Flights

Web Editor
June 30, 2025

Background on Key Participants On June 30, eight countries—including France, Kenya, and Spain—established a coalition to advance taxation in the...

Chinese Factory Activity Rebounds in June, Supported by Rising Orders

Chinese Factory Activity Rebounds in June, Supported by Rising Orders

Web Editor
June 30, 2025

Overview of the Caixin Private Sector Manufacturing PMI China’s factory activity expanded again in June, backed by an increase in...

Mexico’s Fiscal Deficit Continues to Shrink, but Public Debt Rises

Mexico’s Fiscal Deficit Continues to Shrink, but Public Debt Rises

Web Editor
June 30, 2025

Introduction to Claudia Sheinbaum’s Government and Fiscal Performance Under Claudia Sheinbaum’s administration, the Mexican government has been working diligently to...

Mexican Government Tightens Public Spending; Spending Decreases by 5.3% Annually in First Five Months

Mexican Government Tightens Public Spending; Spending Decreases by 5.3% Annually in First Five Months

Web Editor
June 30, 2025

Background on Claudia Sheinbaum’s Administration Claudia Sheinbaum, the current Head of Government in Mexico City, has been implementing measures to...

Tax Revenues Grew 8.9% in May; Petroleum Incomes Fell 23.8%

Tax Revenues Grew 8.9% in May; Petroleum Incomes Fell 23.8%

Web Editor
June 30, 2025

Tax Revenue Growth Amidst Declining Petroleum Incomes According to the information from Mexico’s Secretaría de Hacienda y Crédito Público (SHCP),...

Mexican Congress Approves Anti-Money Laundering Law Reform Amid Concerns of Overregulation and Risks

Mexican Congress Approves Anti-Money Laundering Law Reform Amid Concerns of Overregulation and Risks

Web Editor
June 30, 2025

Background on Javier Corral and the Relevance of the Reform Javier Corral, a Mexican senator from the Morena party, spearheaded...

Mexican Anti-Money Laundering Law Passes in Lower House Amid Concerns

Mexican Anti-Money Laundering Law Passes in Lower House Amid Concerns

Web Editor
June 30, 2025

Background and Relevance The Mexican Chamber of Deputies approved the reform to the Federal Law for the Prevention and Identification...

Central Banks Should Focus on Meeting Their Objectives, Says BIS Representative

Central Banks Should Focus on Meeting Their Objectives, Says BIS Representative

Web Editor
June 29, 2025

Uncertainty Increases Global Economic Vulnerability, Says Alexandre Tombini Alexandre Tombini, head of the Bank for International Settlements (BIS) representation for...

US Senate Nears Vote on Trump’s Budget Bill Amidst Controversy

US Senate Nears Vote on Trump’s Budget Bill Amidst Controversy

Web Editor
June 29, 2025

Background on the President and His Proposed Bill President Donald Trump is pushing his political party to pass his proposed...

S&P Downgrades Colombia’s Credit Profile, Placing It in Second-Worst Category

S&P Downgrades Colombia’s Credit Profile, Placing It in Second-Worst Category

Web Editor
June 29, 2025

Introduction to Colombia’s Credit Rating and Its Current Status Standard & Poor’s (S&P) Global Ratings has downgraded Colombia’s long-term foreign...

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