finance

BCE Warns Eurozone Banks on Rising Doubtful Loans

BCE Warns Eurozone Banks on Rising Doubtful Loans

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June 19, 2025

Background on Sharon Donnery and Relevance Sharon Donnery, a member of the Banco Central Europeo (BCE) Supervisory Board, recently issued...

Workers Left in the Dark: Ex-Employee of CAME Claims Unrecovered Payments

Workers Left in the Dark: Ex-Employee of CAME Claims Unrecovered Payments

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June 19, 2025

Background on CAME and its Impact The Sociedad Financiera Popular (Sofipo) CAME, once housed in upscale corporate offices in Colonia...

Banks Paid 9,489 Million Pesos to IPAB for Ordinary Quotas in Q1 2025

Banks Paid 9,489 Million Pesos to IPAB for Ordinary Quotas in Q1 2025

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June 19, 2025

Overview of Payments and Their Significance In the first quarter of 2025, banks operating in Mexico paid approximately 9,489 million...

US Government Recovers $225 Million Stolen in Cryptocurrency Scam

US Government Recovers $225 Million Stolen in Cryptocurrency Scam

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June 18, 2025

Background on the Perpetrators and Victims In November 2023, the US authorities received an alert from Tether, a San Salvador-based...

Oil Price Surge Could Reactivate Fuel Subsidies: IMCP

Oil Price Surge Could Reactivate Fuel Subsidies: IMCP

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June 18, 2025

Background on Rolando Silva and the Instituto Mexicano de Contadores Públicos (IMCP) Rolando Silva, the Fiscal Vice President of the...

Insurance Companies Ready for Hurricane ‘Erick’ Impact: AMIS

Insurance Companies Ready for Hurricane ‘Erick’ Impact: AMIS

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June 18, 2025

Background on Norma Alicias Rosas and AMIS Norma Alicias Rosas, the General Director of the Mexican Association of Insurance Institutions...

The Federal Reserve Keeps Interest Rates Steady Despite Trump’s Displeasure and Lowers GDP, Inflation Forecasts for US

The Federal Reserve Keeps Interest Rates Steady Despite Trump’s Displeasure and Lowers GDP, Inflation Forecasts for US

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June 18, 2025

Background on the Federal Reserve and Jerome Powell The Federal Reserve (Fed), led by Chairman Jerome Powell, maintained its benchmark...

Trump Criticizes Powell Ahead of Interest Rate Announcement, Contemplates Leading the Fed

Trump Criticizes Powell Ahead of Interest Rate Announcement, Contemplates Leading the Fed

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June 18, 2025

Background on Jerome Powell and His Role Jerome Powell, the current Chair of the Federal Reserve (the central banking system...

Sweden’s Central Bank Cuts Interest Rate to 2.00%

Sweden’s Central Bank Cuts Interest Rate to 2.00%

Web Editor
June 18, 2025

Background on the Riksbank and its Role The Riksbank, which is the central bank of Sweden, plays a crucial role...

China Aims to Expand Global Use of Digital Yuan in Bid for Multipolar Monetary System

China Aims to Expand Global Use of Digital Yuan in Bid for Multipolar Monetary System

Web Editor
June 18, 2025

Key Figures and Context Pan Gongsheng, the head of China’s central bank, has pledged to broaden the international use of...

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