finance

Banxico Sub-Governor Omar Mejía Castelazo Signals Continued Interest Rate Reduction

Banxico Sub-Governor Omar Mejía Castelazo Signals Continued Interest Rate Reduction

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May 19, 2025

Background on Omar Mejía Castelazo Omar Mejía Castelazo is the Sub-Governor of Mexico’s central bank, Banco de México (Banxico). His...

Republicans Push for Trump’s Tax Bill Despite Spending Cuts and Tax Break Disputes

Republicans Push for Trump’s Tax Bill Despite Spending Cuts and Tax Break Disputes

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May 19, 2025

Background on Key Players The Republican majority in the United States House of Representatives is striving to advance President Donald...

Trump’s Tax Bill Passes Key Congressional Committee Amidst Internal Republican Disputes

Trump’s Tax Bill Passes Key Congressional Committee Amidst Internal Republican Disputes

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May 19, 2025

Background on the Tax Bill and Its Key Provisions President Donald Trump’s tax cut proposal, which had been stalled due...

Finsus Reaches Break-even Point and Projects Profitability Before Becoming a Bank

Finsus Reaches Break-even Point and Projects Profitability Before Becoming a Bank

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May 19, 2025

Introduction to Finsus and its Transformation into a Bank Finsus, one of the Sociedades Financieras Populares (Sofipos) aiming to become...

Unofficial Remittance Channels May Surpass Officially Recorded Amounts

Unofficial Remittance Channels May Surpass Officially Recorded Amounts

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May 19, 2025

Experts Acknowledge Discrepancy Between Official and Actual Remittance Figures Researchers from the Federal Reserve of the United States and the...

Digitalization and Reduced Cash Usage: Benefits for Financial Inclusion and Business Growth

Digitalization and Reduced Cash Usage: Benefits for Financial Inclusion and Business Growth

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May 19, 2025

The New ABM President’s Vision for a Cashless Economy Emilio Romano, the newly appointed president of the Asociación de Bancos...

Unemployment Withdrawals from Afores Exceed 11 Billion Pesos in Q1 2025

Unemployment Withdrawals from Afores Exceed 11 Billion Pesos in Q1 2025

Web Editor
May 19, 2025

Background on Afores and Unemployment Withdrawals Afores, or Occupational Savings Accounts, are retirement savings accounts in Mexico managed by private...

Federal Reserve Plans to Reduce Workforce by Approximately 10% Over the Next Few Years

Federal Reserve Plans to Reduce Workforce by Approximately 10% Over the Next Few Years

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May 16, 2025

Background on the Federal Reserve and its Workforce The Federal Reserve (Fed) of the United States, an independent government agency,...

Mexican Business Council Confident in Resolution to Potential Remittance Tax

Mexican Business Council Confident in Resolution to Potential Remittance Tax

Web Editor
May 16, 2025

Background on the Mexican Business Council (CCE) and its Relevance The Consejo Coordinador Empresarial (CCE) is Mexico’s most prominent business...

French Crypto Community in Fear and Anger Amidst Rash of Kidnappings

French Crypto Community in Fear and Anger Amidst Rash of Kidnappings

Web Editor
May 16, 2025

Background on Key Figures and Companies The French cryptocurrency community has reacted with fear and anger following a series of...

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