economy

IMF Forecasts Decrease in Remittances from the US to Latin America and Central America

IMF Forecasts Decrease in Remittances from the US to Latin America and Central America

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April 25, 2025

Background on Key Figures and Context The International Monetary Fund (IMF) has projected a decline in remittances sent to homes...

Mexican Economy Grows 1% in February, Largest Expansion Since April 2023

Mexican Economy Grows 1% in February, Largest Expansion Since April 2023

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April 25, 2025

Key Economic Data and Context According to the data from February released by Mexico’s National Institute of Statistics and Geography...

Pemex Receives 67% of Oil Rental Income in First Half of 2025: A Shift from Previous Years

Pemex Receives 67% of Oil Rental Income in First Half of 2025: A Shift from Previous Years

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April 25, 2025

Background on Pemex and its Significance Petróleos Mexicanos (Pemex) is Mexico’s state-owned petroleum company, responsible for exploration, production, refining, and...

Kristalina Georgieva: Uncertainty, Not Tariffs, Poses Greatest Risk to Global Economy

Kristalina Georgieva: Uncertainty, Not Tariffs, Poses Greatest Risk to Global Economy

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April 24, 2025

Introduction Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has stated that uncertainty, not tariffs, is the...

Mexico’s Economy Slows Down Since Late 2023: Banxico Official

Mexico’s Economy Slows Down Since Late 2023: Banxico Official

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April 24, 2025

Background on Mexico’s Economic Situation According to the subgobernador of Banco de México, Omar Mejía Castelazo, Mexico’s economy has been...

Maintaining Fiscal Discipline Should Be Mexico’s Priority: IIF

Maintaining Fiscal Discipline Should Be Mexico’s Priority: IIF

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April 24, 2025

Introduction to the Institutional Context In Washington, D.C., Martín Castellano, the Chief Economist for Latin America at the Institute of...

European Central Bank May Cut Interest Rates in June, Says Economic Policy Chief

European Central Bank May Cut Interest Rates in June, Says Economic Policy Chief

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April 24, 2025

Background on Olli Rehn and His Role Olli Rehn, the European Central Bank’s (ECB) Chief of Economic Policy, recently hinted...

US Existing Home Sales See Largest Drop Since 2022 Amid High Mortgage Rates

US Existing Home Sales See Largest Drop Since 2022 Amid High Mortgage Rates

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April 24, 2025

Background on the Housing Market and Key Players The United States housing market has been experiencing significant shifts, with existing...

FMI to Continue Supporting Countries Amid Climate Risks, Despite US Pressure

FMI to Continue Supporting Countries Amid Climate Risks, Despite US Pressure

Web Editor
April 24, 2025

Background on Key Figures and Their Influence The International Monetary Fund (IMF) will remain “laser-focused” on preventing balance of payments...

Bank of Japan to Continue Raising Interest Rates if Inflation Targets 2%: Kazuo Ueda

Bank of Japan to Continue Raising Interest Rates if Inflation Targets 2%: Kazuo Ueda

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April 24, 2025

Background on Kazuo Ueda and the Bank of Japan Kazuo Ueda is the governor of the Bank of Japan, a...

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