finance

Remittances Strengthen Mexican Peso: IMF Study

Remittances Strengthen Mexican Peso: IMF Study

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June 24, 2025

Introduction to the IMF’s Findings on Remittances and Exchange Rates According to a study by the International Monetary Fund (IMF),...

Amafore Approves Reform to Regulate Unemployment Withdrawals and Combat Fraud

Amafore Approves Reform to Regulate Unemployment Withdrawals and Combat Fraud

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June 24, 2025

Background on Amafore and its Relevance Amafore, the Mexican Association of Profit-Sharing Funds (Afores), plays a crucial role in Mexico’s...

BBVA Mexico Urges Digitalization of Economy to Reduce Cash Usage

BBVA Mexico Urges Digitalization of Economy to Reduce Cash Usage

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June 24, 2025

BBVA Mexico’s Call for Integrated Digital Economy BBVA Mexico has emphasized the need to fully digitalize the country’s economy and...

Fed’s Powell Reiterates No Immediate Rate Cuts; Monitoring Tariff Impact

Fed’s Powell Reiterates No Immediate Rate Cuts; Monitoring Tariff Impact

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June 24, 2025

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

Spanish Government Approves BBVA Takeover of Sabadell with Conditions

Spanish Government Approves BBVA Takeover of Sabadell with Conditions

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June 24, 2025

Background on BBVA and Sabadell BBVA, Spain’s second-largest bank with a strong presence in Latin America, announced its interest in...

Trump Calls for Fed Interest Rate Cuts of 2 to 3 Percentage Points

Trump Calls for Fed Interest Rate Cuts of 2 to 3 Percentage Points

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June 24, 2025

Background on Donald Trump and His Influence Donald J. Trump served as the 45th President of the United States from...

Donald Trump Calls for Fed to Lower Interest Rates by 2-3 Percentage Points Before Powell’s Congressional Testimony

Donald Trump Calls for Fed to Lower Interest Rates by 2-3 Percentage Points Before Powell’s Congressional Testimony

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June 24, 2025

Background on Donald Trump and Jerome Powell Donald J. Trump served as the 45th President of the United States from...

Consar Endorses Approved Reform to Regulate Unemployment Withdrawals from Afores

Consar Endorses Approved Reform to Regulate Unemployment Withdrawals from Afores

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June 24, 2025

Background on Consar and its Role The Comisión Nacional del Sistema de Ahorro para el Retiro (Consar) is a Mexican...

Mexico City’s Sheinbaum Reduces Minimum Retirement Age for ISSSTE Workers: Costs Over 36 Billion Pesos This Six-Year Term

Mexico City’s Sheinbaum Reduces Minimum Retirement Age for ISSSTE Workers: Costs Over 36 Billion Pesos This Six-Year Term

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June 24, 2025

Background on the ISSSTE and Its Relevance The Instituto de Seguridad y Servicios Sociales de los Trabajadores del Estado (ISSSTE)...

Belvo and Ualá Partner to Facilitate Credit Access Using Employment Data

Belvo and Ualá Partner to Facilitate Credit Access Using Employment Data

Web Editor
June 23, 2025

Introduction Belvo, a fintech platform specializing in open finance, and Ualá, a Mexican neobank, have announced a strategic partnership to...

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