finance
finance
The People’s Chamber Aims to Lower Remittance Costs in Rural Communities
Introduction to the People’s Chamber and its Objectives The People’s Chamber, which is advancing in its authorization process with the...
finance
Argentina Eases Regulations on Undeclared Dollars to Attract Hidden Currency
Background and Context Argentina’s government announced a plan on Thursday to relax regulations that would allow citizens to use their...
finance
US House Approves 3.5% Tax on Remittances; Senate Has Until September 30 to Confirm
Background and Key Players The US House of Representatives has approved the implementation of a 3.5% tax on remittances sent...
finance
Trump Mulls Privatizing Fannie Mae and Freddie Mac: Implications for US Housing Market
Background on Fannie Mae and Freddie Mac Fannie Mae and Freddie Mac are two prominent mortgage giants in the United...
finance
Mexican Banks Remain Well Capitalized at End of First Quarter 2025
Overview of Mexican Banking Sector’s Capital Strength The Mexican banking sector concluded the first quarter of 2025 in a robust...
finance
Nu Mexico Customers Can Now Make Deposits at All Oxxo Stores
Introduction to Nu Mexico and Oxxo Partnership Nu Mexico, a digital bank, and Oxxo, a widely-spread convenience store chain in...
finance
CAME Shareholders to Decide the Future of the Financial Entity
Background on CAME and its Current Situation The Consejo de Asistencia al Microemprendedor (CAME), a sociedad financiera popular, has called...
finance
Experts Predict 0.10% GDP Growth in Mexico for 2025; Forecast Contraction in 2024
Introduction to the Economic Forecast According to a survey conducted by Citigroup, experts anticipate that Mexico’s GDP will grow by...
finance
Bitso Launches Hackathon to Boost MXNB Payments: Mexican Peso-Backed Cryptocurrency
Introduction to Bitso and MXNB Bitso, a leading cryptocurrency platform in Mexico, has announced the launch of “Hackathon MXNB,” a...
finance
BBVA Predicts Decline in Remittances to Mexico: Impact of Proposed 5% Tax
Introduction Juan José Li, Senior Economist at BBVA, has forecasted a decline in remittances to Mexico for the current and...
