economy

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

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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

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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

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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

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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

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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

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June 26, 2025

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

Judicial Power Rulings Favor Tax Authority in 49% of Resolved Cases Since 2019

Judicial Power Rulings Favor Tax Authority in 49% of Resolved Cases Since 2019

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June 26, 2025

Background and Relevance of the Tax Authority The Mexican tax authority has been successful in 49% of the resolved cases...

Banxico to Continue Rate-Cut Cycle, Shift Narrative for Softer Adjustments

Banxico to Continue Rate-Cut Cycle, Shift Narrative for Softer Adjustments

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June 26, 2025

Background on Banco de México and Its Role Banco de México, often referred to as Banxico, is the central bank...

Mexico to Show Modest Performance Among Latin American Countries in 2025: IIF

Mexico to Show Modest Performance Among Latin American Countries in 2025: IIF

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June 26, 2025

Global Perspective and Mexico’s Challenges According to the Institute of International Finance (IIF), Mexico’s economy will exhibit the most modest...

Trump Claims to Have ‘Three or Four’ Candidates for Fed Chair Amid Criticism of Powell

Trump Claims to Have ‘Three or Four’ Candidates for Fed Chair Amid Criticism of Powell

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June 25, 2025

Background on Jerome Powell and His Role as Fed Chair Jerome Powell has served as the Chair of the Federal...

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