economy

US GDP Grows 3% in Q2 2025 Amidst Trade Tensions

US GDP Grows 3% in Q2 2025 Amidst Trade Tensions

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July 30, 2025

Economic Growth in the United States Advances in Second Quarter of 2025 According to official data released on Wednesday morning,...

Mexico’s GDP Surpasses Expectations with 1.2% Growth in Q2

Mexico’s GDP Surpasses Expectations with 1.2% Growth in Q2

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July 30, 2025

Economic Performance and Key Contributors The Mexican economy achieved a growth rate of 1.2% annually from the second quarter of...

Mexico’s Hacienda Dismisses Tax Reform, Focuses on Customs Law Changes and Fiscal Spending Review

Mexico’s Hacienda Dismisses Tax Reform, Focuses on Customs Law Changes and Fiscal Spending Review

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July 30, 2025

Background on Carlos Lerma Cotera and His Role Carlos Lerma Cotera, the Subsecretary of Income at Mexico’s Secretaría de Hacienda...

Mexico Increases Minimum Global Tax on Chinese E-commerce Platforms to 33.5%

Mexico Increases Minimum Global Tax on Chinese E-commerce Platforms to 33.5%

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July 30, 2025

Background on the Situation Mexico has recently announced an increase in the minimum global tax on Chinese e-commerce platforms like...

Eurozone Inflation Expectations Drop, Signaling End of Price Growth Surge

Eurozone Inflation Expectations Drop, Signaling End of Price Growth Surge

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July 30, 2025

Background on the European Central Bank (ECB) The European Central Bank (ECB) is the central bank responsible for monetary policy...

US Consumer Confidence Surpasses Expectations in July, Yet Remains Below 2024 Levels Amid Trade and Inflation Concerns

US Consumer Confidence Surpasses Expectations in July, Yet Remains Below 2024 Levels Amid Trade and Inflation Concerns

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July 30, 2025

Background on The Conference Board and its Consumer Confidence Index The Conference Board, a global research organization, publishes the Consumer...

IMF Ups Global Growth Forecast, Despite Trade Tariffs

IMF Ups Global Growth Forecast, Despite Trade Tariffs

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July 30, 2025

Introduction The International Monetary Fund (IMF) has revised its global economic growth projection upwards to 3% from the previous estimate...

Could Banxico Play a Greater Role in Economic Development?

Could Banxico Play a Greater Role in Economic Development?

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July 30, 2025

President Claudia Sheinbaum Suggests Expanding Banxico’s Mission Mexico’s President Claudia Sheinbaum proposed on Tuesday that it might be worthwhile to...

Inflation Expected to Return to Banco de México’s Target Range

Inflation Expected to Return to Banco de México’s Target Range

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July 22, 2025

Who is Banco de México (Banxico)? Banco de México, commonly known as Banxico, is the central bank of Mexico. Established...

Renewal of Voluntary Agreement to Lower Gasoline Prices Expected Until End of 2025

Renewal of Voluntary Agreement to Lower Gasoline Prices Expected Until End of 2025

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July 22, 2025

Background on the Voluntary Agreement As the voluntary agreement to lower gasoline prices, specifically Magna, to less than 24 pesos...

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