economy

Tax on Remittances: Administrative Costs to Outweigh Revenue, Says Expert Dilip Ratha

Tax on Remittances: Administrative Costs to Outweigh Revenue, Says Expert Dilip Ratha

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June 5, 2025

Introduction to Dilip Ratha and His Expertise Dilip Ratha, a globally recognized expert in migration and remittances, has been studying...

Mexico’s GDP Growth Forecast at 0.10% and Third Consecutive Quincenal Increase in Inflation: Citi Survey

Mexico’s GDP Growth Forecast at 0.10% and Third Consecutive Quincenal Increase in Inflation: Citi Survey

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June 5, 2025

Introduction to the Citi Survey and Key Findings According to a recent Citi survey, Mexico’s economic growth is expected to...

Weekly Unemployment Claims Rise: Indicating Weakening Job Market Amidst Economic Headwinds from Tariffs

Weekly Unemployment Claims Rise: Indicating Weakening Job Market Amidst Economic Headwinds from Tariffs

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June 5, 2025

Background on the Situation The United States has recently witnessed a concerning trend in its job market, with the number...

Patrick Harker Calls for Caution in Monetary Policy Amid Economic Uncertainty

Patrick Harker Calls for Caution in Monetary Policy Amid Economic Uncertainty

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June 5, 2025

Background on Patrick Harker and His Role Patrick Harker, the President of the Federal Reserve Bank of Philadelphia, delivered his...

European Central Bank Cuts Interest Rates Again, Hinting at a Pause in July

European Central Bank Cuts Interest Rates Again, Hinting at a Pause in July

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June 5, 2025

Background on Christine Lagarde and the ECB Christine Lagarde, the President of the European Central Bank (ECB), announced on June...

OCDE Inflation Rate Remains Steady at 4.2% in April

OCDE Inflation Rate Remains Steady at 4.2% in April

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June 5, 2025

Overview of Global Inflation Trends The Organization for Economic Cooperation and Development (OCDE) reported that the annual inflation rate remained...

Mexican Consumer Confidence Rebounds by 1.2 Points in April: A Shift After Six Months of Declines

Mexican Consumer Confidence Rebounds by 1.2 Points in April: A Shift After Six Months of Declines

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June 5, 2025

Background on Claudia Sheinbaum and Her Impact Claudia Sheinbaum, the first female president of Mexico City, took office in October...

US Remittance Tax May Initially Boost Sendings, but Could Foster Informal Market

US Remittance Tax May Initially Boost Sendings, but Could Foster Informal Market

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June 5, 2025

Introduction Economists from Oxford Economics predict that if the US Senate approves a 3.5% tax on remittances, it could initially...

Mexican Economy Continues to Show Weakness with Cyclical Indicators Below Long-Term Trend

Mexican Economy Continues to Show Weakness with Cyclical Indicators Below Long-Term Trend

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June 5, 2025

Cyclical Indicators Signal Economic Weakness and Potential Recession The Mexican economy continues to exhibit signs of weakness, as reported by...

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...

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