economy

Japan Approves Record $781 Billion Budget for Fiscal Year 2026

Japan Approves Record $781 Billion Budget for Fiscal Year 2026

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December 25, 2025

Background on Japan’s New Budget The Japanese government has approved a record-breaking budget of 122 trillion yen (approximately $781 billion)...

Japan’s Cabinet Approves Record-Breaking $785 Billion Budget Amid Debt Concerns

Japan’s Cabinet Approves Record-Breaking $785 Billion Budget Amid Debt Concerns

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December 25, 2025

Background on Sanae Takaichi and Her Relevance Sanae Takaichi, Japan’s Prime Minister, has recently approved a record-breaking budget of 785...

Colombian Government Declares Economic Emergency Amid Fiscal Crisis

Colombian Government Declares Economic Emergency Amid Fiscal Crisis

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December 23, 2025

Background on Colombian President Gustavo Petro Gustavo Petro, a former guerrilla fighter and current President of Colombia, has been at...

US Consumer Confidence Drops to Lowest in Months at 89.1 Points

US Consumer Confidence Drops to Lowest in Months at 89.1 Points

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December 23, 2025

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

China to Stabilize Housing Market by 2026

China to Stabilize Housing Market by 2026

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December 23, 2025

Key Initiatives and Objectives According to a housing policy conference in Beijing on December 22-23, China plans to intensify urban...

Claudia Sheinbaum Suspends Video Game Tax Implementation Due to Complexity

Claudia Sheinbaum Suspends Video Game Tax Implementation Due to Complexity

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December 23, 2025

Background on Claudia Sheinbaum and Her Relevance Claudia Sheinbaum is the current Head of Government (equivalent to Mayor) of Mexico...

Mexico Seeks BID Assistance for Caregiver Training and Long-term Care Strategy

Mexico Seeks BID Assistance for Caregiver Training and Long-term Care Strategy

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December 23, 2025

Background on the Mexican Government’s Request In the latter part of this year, the Mexican government approached the Inter-American Development...

Trump’s Economic Advisor, Kevin Hassett, Calls US GDP Growth “Fantastic” and Predicts Job Increase

Trump’s Economic Advisor, Kevin Hassett, Calls US GDP Growth “Fantastic” and Predicts Job Increase

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December 23, 2025

Background on Kevin Hassett Kevin Hassett serves as the Chairman of the Council of Economic Advisers (CEA) in the White...

US GDP Surprises with 4.3% Growth in Q3 2025

US GDP Surprises with 4.3% Growth in Q3 2025

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December 23, 2025

Overview and Background The United States economy reported a 4.3% annual growth rate in the third quarter of 2025, significantly...

Mexico’s Inflation Slows to 3.72% in First Half of December; Airfare Tickets Surge Before Christmas

Mexico’s Inflation Slows to 3.72% in First Half of December; Airfare Tickets Surge Before Christmas

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December 23, 2025

Background on Inflation and its Impact Inflation in Mexico has slowed down more than expected during the first half of...

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