economy

Mexico’s Anti-Money Laundering Law Reform Passes Amidst UIF Budget Cuts, GAFI Review, and US Pressure

Mexico’s Anti-Money Laundering Law Reform Passes Amidst UIF Budget Cuts, GAFI Review, and US Pressure

Web Editor
June 26, 2025

Background on Key Figures and Institutions The reformed Anti-Money Laundering (AML) law, approved by the Mexican Senate on Wednesday, has...

S&P Lowers Colombia’s Debt Rating to “BB” Due to Fiscal Deterioration

S&P Lowers Colombia’s Debt Rating to “BB” Due to Fiscal Deterioration

Web Editor
June 26, 2025

Background on Colombia and its Relevance Colombia, a country in South America, has recently faced a significant downgrade in its...

Trump Urges US Congress to Pass His Massive Budget Project

Trump Urges US Congress to Pass His Massive Budget Project

Web Editor
June 26, 2025

Background on Donald Trump and His Relevance Donald Trump, the 45th President of the United States, has been a central...

Banxico Cuts Interest Rate by Half a Percentage Point

Banxico Cuts Interest Rate by Half a Percentage Point

Web Editor
June 26, 2025

Background on Banxico and Its Impact Banxico, or the Bank of Mexico, is the country’s central banking institution. It plays...

Wealth Accumulated by the Richest 1% Could End Poverty for 22 Years, Oxfam Reports

Wealth Accumulated by the Richest 1% Could End Poverty for 22 Years, Oxfam Reports

Web Editor
June 26, 2025

Introduction to the Issue Since 2015, when the Sustainable Development Goals (SDGs) were agreed upon, the world’s richest 1% has...

Oxfam’s Report: Wealth of Top 1% Could End Poverty for 22 Years

Oxfam’s Report: Wealth of Top 1% Could End Poverty for 22 Years

Web Editor
June 26, 2025

Introduction to Oxfam’s Claim According to a recent report by Oxfam Intermón, the wealth accumulated by the top 1% richest...

US Economy Shrinks 0.5% in Q1 2025, Surpassing Initial Estimates

US Economy Shrinks 0.5% in Q1 2025, Surpassing Initial Estimates

Web Editor
June 26, 2025

Background on the Situation The United States experienced a more significant economic contraction in the first quarter of 2025 than...

BOJ Warns of Potentially “Decisive” Rate Hikes Amid Inflation Concerns

Web Editor
June 26, 2025

Background on the Bank of Japan (BOJ) and Its Inflation Target The Bank of Japan (BOJ) is the central banking...

China’s Prime Minister Li Qiang Confident in Sustained Economic Growth Amid Transition

China’s Prime Minister Li Qiang Confident in Sustained Economic Growth Amid Transition

Web Editor
June 26, 2025

Background on Li Qiang and China’s Economic Relevance Li Qiang, the current Prime Minister of China, has expressed confidence that...

US New Home Sales Plummet 13.7% in May, Amid Rising Housing Supply

US New Home Sales Plummet 13.7% in May, Amid Rising Housing Supply

Web Editor
June 26, 2025

Background on the Relevance of New Home Sales Data New home sales data is a crucial indicator of the housing...

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