economy

Unemployment in the Eurozone Remains Steady at 6.2% in June

Unemployment in the Eurozone Remains Steady at 6.2% in June

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August 1, 2025

Stability Amidst Economic Challenges According to Eurostat, the European Union’s statistical office, unemployment in the eurozone held steady at 6.2%...

IMF Approves $2 Billion Loan to Argentina: A Step Towards Economic Stability

IMF Approves $2 Billion Loan to Argentina: A Step Towards Economic Stability

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August 1, 2025

Background on Argentina’s Financial Situation Argentina, a nation long-struggling with debt, reached an agreement with the International Monetary Fund (IMF)...

US Inflation Rises Again in June to 2.6%: PCE Index

US Inflation Rises Again in June to 2.6%: PCE Index

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July 31, 2025

Background on the Personal Involved The Federal Reserve (Fed), an independent governmental body, is responsible for conducting the nation’s monetary...

Mexico Increases Import Tax Rate on Shein and Temu Purchases to Boost Revenue

Mexico Increases Import Tax Rate on Shein and Temu Purchases to Boost Revenue

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July 31, 2025

Background on the Situation In a surprise move last Monday, the Mexican government announced an increase in the minimum global...

Mexico’s Government Continues to Curb Public Spending, Aiming for Fiscal Consolidation

Mexico’s Government Continues to Curb Public Spending, Aiming for Fiscal Consolidation

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July 31, 2025

Key Developments in Public Spending and Fiscal Performance According to data released by Mexico’s Secretaría de Hacienda y Crédito Público...

US Private Sector Jobs Increase More Than Expected in July, Despite Labor Market Slowdown

US Private Sector Jobs Increase More Than Expected in July, Despite Labor Market Slowdown

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July 31, 2025

Background on ADP Report and Its Significance The ADP National Employment Report, released on July 30, revealed that private sector...

Eurozone Economic Activity Grows 0.1% in Q2, with Spain Leading the Way

Eurozone Economic Activity Grows 0.1% in Q2, with Spain Leading the Way

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July 31, 2025

Overview of Eurozone Economic Performance The European Union’s (EU) gross domestic product (GDP) expanded by 0.1% in the second quarter...

China’s Industrial Activity Drops for Fourth Consecutive Month Amid Stalled US Trade Talks

China’s Industrial Activity Drops for Fourth Consecutive Month Amid Stalled US Trade Talks

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July 31, 2025

Background on China’s Industrial Sector and Its Importance China, the world’s largest manufacturer, plays a crucial role in global economic...

Mexican Households Spend $15,891 Monthly; 7.9% More Than Two Years Ago: ENIGH 2024

Mexican Households Spend $15,891 Monthly; 7.9% More Than Two Years Ago: ENIGH 2024

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July 30, 2025

Introduction to the ENIGH 2024 Survey The National Institute of Statistics and Geography (Inegi) in Mexico recently released data from...

Mexican Household Incomes Grew by 15.6% During AMLO’s Six-Year Term

Mexican Household Incomes Grew by 15.6% During AMLO’s Six-Year Term

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July 30, 2025

Background on Andrés Manuel López Obrador Andrés Manuel López Obrador, often referred to as AMLO, served as the President of...

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