economy
economy
Fiscal Impact of “Huachicol” on Mexican Treasury: 600 Billion Pesos Lost
Introduction to the Issue The “huachicol” fiscal, an illegal fuel theft and smuggling operation, has caused a significant financial impact...
economy
Colombia Cancels Flexible Credit Line with IMF: What It Means
Background on Colombia’s Flexible Credit Line In April 2024, Colombia secured a Flexible Credit Line (FCL) worth approximately 8.1 billion...
economy
US Manufacturing Sector Continues Seven-Month Decline, Albeit at a Slower Pace
Background on the Manufacturing Sector and ISM Index The US manufacturing sector has experienced a contraction for the seventh consecutive...
economy
Private Sector Loses 32,000 Jobs in September: ADP Report
Background on ADP and its Relevance The ADP Research Institute, a division of Automatic Data Processing, Inc. (ADP), is a...
economy
Hacienda Responds to Fiscal Bootlegging Allegations: “We Are Not Indulgent or Negligent”
Background on Edgar Amador Zamora and His Role Edgar Amador Zamora serves as the head of Mexico’s Secretaría de Hacienda...
economy
US Government Partially Shuts Down Amid Budget Impasse; Layoffs Loom
Background on Key Players and Context The United States government initiated a partial shutdown on October 1, 2023, as Democrats...
economy
US Government Shutdown: Nobel Economist Stiglitz Blames Politicians for Prioritizing Wealthy Interests
Background on Joseph Stiglitz and His Relevance Joseph Stiglitz, a Nobel laureate economist, has been a prominent figure in the...
economy
Government Shutdown Disrupts Tourist Plans in Washington
School Trip Canceled, Tourists Stranded Due to Federal Closure On October 1st, a group of enthusiastic 10 and 11-year-old students...
economy
Mexico’s Fight Against Corruption and Tax Evasion Yields Positive Results, Says Finance Secretary Édgar Amador Zamora
Background on Édgar Amador Zamora Édgar Amador Zamora is the Secretary of Finance and Public Credit (SHCP) in Mexico, a...
economy
Eurozone Inflation Rises to 2.2% in September Due to Energy Price Hikes
Background on the European Central Bank and Inflation Targets The European Central Bank (ECB) is responsible for setting monetary policy...