finance

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

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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...

Banxico Cuts Interest Rate by 50 Basis Points, Anticipates Further Adjustments

Banxico Cuts Interest Rate by 50 Basis Points, Anticipates Further Adjustments

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May 16, 2025

Background on Banxico and Its Role The Bank of Mexico, or Banxico, is the central bank of Mexico responsible for...

Mexican Afores Suffer Losses of 31.674 Billion Pesos in April Due to Trump Tariffs

Mexican Afores Suffer Losses of 31.674 Billion Pesos in April Due to Trump Tariffs

Web Editor
May 15, 2025

Background on Afores and Their Role Administrators of Retirement Savings Funds, known as Afores in Mexico, are responsible for managing...

Services Sector to Be the Largest Contributor to Mexico’s Economy by 2025, According to BBVA Report

Services Sector to Be the Largest Contributor to Mexico’s Economy by 2025, According to BBVA Report

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May 15, 2025

BBVA Mexico’s Economic Outlook Highlights Service Sector Resilience The report, crafted by the economic studies department of BBVA Mexico, indicates...

Claudia Sheinbaum Calls Republican Proposal to Tax Remittances “Unacceptable”

Claudia Sheinbaum Calls Republican Proposal to Tax Remittances “Unacceptable”

Web Editor
May 15, 2025

Background on Claudia Sheinbaum Claudia Sheinbaum Pardo is the current Head of Government (equivalent to Mayor) of Mexico City, serving...

Florida Explores Stricter Remittance Guidelines: A Selective Tax on Remittances Could Redirect Flows Through Intermediaries and Generate Small, Hard-to-Administer Revenue

Florida Explores Stricter Remittance Guidelines: A Selective Tax on Remittances Could Redirect Flows Through Intermediaries and Generate Small, Hard-to-Administer Revenue

Web Editor
May 15, 2025

Introduction The state of Florida in the United States is also considering imposing a tax on remittances, which would make...

Koin Invests $5 Million to Strengthen Anti-Fraud Strategy in E-commerce

Koin Invests $5 Million to Strengthen Anti-Fraud Strategy in E-commerce

Web Editor
May 14, 2025

About Koin Koin is a financial technology company specializing in anti-fraud solutions and payment processing for e-commerce. With a focus...

Klar to Enter Small and Medium Enterprise (SME) Segment: A New Era for Mexican Businesses

Klar to Enter Small and Medium Enterprise (SME) Segment: A New Era for Mexican Businesses

Web Editor
May 14, 2025

Background on Klar and its Founder, Stefan Möller Klar, a technology-driven financial entity currently operating under the Sociedad Financiera Popular...

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