economy

Chile’s Economy Grows 3.1% Year-on-Year in June, Driven by Services, Trade, and Industry

Chile’s Economy Grows 3.1% Year-on-Year in June, Driven by Services, Trade, and Industry

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August 1, 2025

Overview of Chile’s Economic Performance in June 2025 Chile’s economy expanded by 3.1% in June compared to the same month...

Experts Raise Mexico’s GDP Growth Forecast to 0.20% and Expect Inflation of 4.11%: Banxico Survey

Experts Raise Mexico’s GDP Growth Forecast to 0.20% and Expect Inflation of 4.11%: Banxico Survey

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August 1, 2025

Background on the Mexican Economy and Banxico The Bank of Mexico, or Banxico, is the central bank of Mexico responsible...

Trump Criticizes Powell Over Fed’s Interest Rate Decision

Trump Criticizes Powell Over Fed’s Interest Rate Decision

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August 1, 2025

Background on Jerome Powell and the Federal Reserve Jerome Powell, the current Chair of the Federal Reserve (Fed), has been...

Unemployment in the Eurozone Remains Steady at 6.2% in June

Unemployment in the Eurozone Remains Steady at 6.2% in June

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August 1, 2025

Stability Amidst Economic Challenges According to Eurostat, the European Union’s statistical office, unemployment in the eurozone held steady at 6.2%...

IMF Approves $2 Billion Loan to Argentina: A Step Towards Economic Stability

IMF Approves $2 Billion Loan to Argentina: A Step Towards Economic Stability

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August 1, 2025

Background on Argentina’s Financial Situation Argentina, a nation long-struggling with debt, reached an agreement with the International Monetary Fund (IMF)...

US Inflation Rises Again in June to 2.6%: PCE Index

US Inflation Rises Again in June to 2.6%: PCE Index

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July 31, 2025

Background on the Personal Involved The Federal Reserve (Fed), an independent governmental body, is responsible for conducting the nation’s monetary...

Mexico Increases Import Tax Rate on Shein and Temu Purchases to Boost Revenue

Mexico Increases Import Tax Rate on Shein and Temu Purchases to Boost Revenue

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July 31, 2025

Background on the Situation In a surprise move last Monday, the Mexican government announced an increase in the minimum global...

Mexico’s Government Continues to Curb Public Spending, Aiming for Fiscal Consolidation

Mexico’s Government Continues to Curb Public Spending, Aiming for Fiscal Consolidation

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July 31, 2025

Key Developments in Public Spending and Fiscal Performance According to data released by Mexico’s Secretaría de Hacienda y Crédito Público...

US Private Sector Jobs Increase More Than Expected in July, Despite Labor Market Slowdown

US Private Sector Jobs Increase More Than Expected in July, Despite Labor Market Slowdown

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July 31, 2025

Background on ADP Report and Its Significance The ADP National Employment Report, released on July 30, revealed that private sector...

Eurozone Economic Activity Grows 0.1% in Q2, with Spain Leading the Way

Eurozone Economic Activity Grows 0.1% in Q2, with Spain Leading the Way

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July 31, 2025

Overview of Eurozone Economic Performance The European Union’s (EU) gross domestic product (GDP) expanded by 0.1% in the second quarter...

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