economy

Trump’s Tax Plan Projected to Add $2.4 Billion to National Debt, Less Than Initially Estimated

Trump’s Tax Plan Projected to Add $2.4 Billion to National Debt, Less Than Initially Estimated

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June 5, 2025

Background on the Tax Plan and Key Players The nonpartisan Congressional Budget Office (CBO) recently revised its estimate of how...

Mexico and Guatemala to be Most Affected by US Remittance Tax

Mexico and Guatemala to be Most Affected by US Remittance Tax

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May 31, 2025

Introduction The proposed 3.5% tax on remittances by the U.S. government, initiated under Donald Trump’s administration, would significantly impact Mexico...

China’s Industrial Activity Shrinks for Second Consecutive Month in May

China’s Industrial Activity Shrinks for Second Consecutive Month in May

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May 31, 2025

Overview of China’s Industrial Slowdown China’s industrial activity contracted for the second consecutive month in May, despite a temporary truce...

Moody’s Downgrades Brazil’s Outlook to Stable from Positive; Retains Ba1 Rating

Moody’s Downgrades Brazil’s Outlook to Stable from Positive; Retains Ba1 Rating

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May 30, 2025

Background on Moody’s and its Role Moody’s Analytics is a global provider of financial intelligence, serving clients in financial services,...

Mexico’s Government Continues with Spending Key Closed, While Public Revenues Grow

Mexico’s Government Continues with Spending Key Closed, While Public Revenues Grow

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May 30, 2025

Background on Claudia Sheinbaum’s Administration Claudia Sheinbaum, the current Head of Government of Mexico City, has been a prominent figure...

Canadian GDP Grows 2.2% in Q1, Boosted by Export Advance Amid Trump Tariff Threats

Canadian GDP Grows 2.2% in Q1, Boosted by Export Advance Amid Trump Tariff Threats

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May 30, 2025

Canadian Economy Booms with 2.2% Growth in Q1 The Canadian economy expanded by 2.2% in the first quarter of the...

US Inflation Moderates More Than Expected in April Despite Tariffs

US Inflation Moderates More Than Expected in April Despite Tariffs

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May 30, 2025

Background on Donald Trump and His Tariff Policies Donald Trump, the 45th President of the United States, served from January...

Argentina Raises $1 Billion in Bond Sale, Signaling Economic Confidence

Argentina Raises $1 Billion in Bond Sale, Signaling Economic Confidence

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May 29, 2025

Background on President Javier Milei and His Economic Impact President Javier Milei of Argentina has successfully raised $1 billion from...

BCE Likely to Cut Interest Rates Next Week

BCE Likely to Cut Interest Rates Next Week

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May 29, 2025

Background on the European Central Bank (ECB) The European Central Bank (ECB), headquartered in Frankfurt, Germany, is the central bank...

Trump Pressures Powell to Cut Rates: US President Meets Fed Chief Amid Economic Concerns

Trump Pressures Powell to Cut Rates: US President Meets Fed Chief Amid Economic Concerns

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May 29, 2025

Background on Jerome Powell and the Federal Reserve Jerome Powell, appointed by former President Donald Trump as the Chair of...

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