finance

Banxico Reduces Interest Rates by 25 Basis Points to 7.75%

Banxico Reduces Interest Rates by 25 Basis Points to 7.75%

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August 7, 2025

Background on Banxico and Its Role The Bank of Mexico, or Banxico as it is commonly known, is the central...

Christopher Waller Emerges as Frontrunner for Fed Chair Among Trump Team

Christopher Waller Emerges as Frontrunner for Fed Chair Among Trump Team

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August 7, 2025

Background and Relevance of Christopher Waller Christopher Waller, a current member of the Federal Reserve Board, is considered one of...

UK Bank of England Cuts Interest Rates to 4% Amid Divided Committee

UK Bank of England Cuts Interest Rates to 4% Amid Divided Committee

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August 7, 2025

Background on the Bank of England and its Role The Bank of England is the central bank of the United...

Mexico Becomes Kushki’s Largest Market, Generating 40% of Revenue

Mexico Becomes Kushki’s Largest Market, Generating 40% of Revenue

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August 7, 2025

Introduction to Kushki and its Growth in Mexico Kushki, a technology payments firm based in Ecuador, has solidified its position...

Car Insurance Prices Drop, Maintenance and Repair Costs Rise in Mexico

Car Insurance Prices Drop, Maintenance and Repair Costs Rise in Mexico

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August 7, 2025

Affordable Car Insurance Amid Rising Automotive Services Costs In recent news, the cost of car insurance in Mexico has decreased...

Mexican Incomes in the U.S. Rise Across Generations: A Comprehensive Analysis

Mexican Incomes in the U.S. Rise Across Generations: A Comprehensive Analysis

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August 7, 2025

Introduction and Background on Mexican Immigrants in the U.S. A recent joint report by BBVA Research and the National Population...

Three U.S. States Send Over Half of Remittances to Mexico: California Leads with $20.41 Billion

Three U.S. States Send Over Half of Remittances to Mexico: California Leads with $20.41 Billion

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August 7, 2025

Introduction In 2024, more than half of the remittances received in Mexico from the United States originated from just three...

Brazil’s Pix Payment System to Remain Publicly Owned

Brazil’s Pix Payment System to Remain Publicly Owned

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August 6, 2025

Background on Pix and its Importance Pix, Brazil’s instant payment system, will continue to be a publicly owned digital infrastructure...

White House Prepares Measures Against Banks Accused of Political Discrimination by Trump

White House Prepares Measures Against Banks Accused of Political Discrimination by Trump

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August 6, 2025

Background on the Situation According to sources, the White House is preparing to take action against banks accused of politically...

Remittances to Mexico to Decrease in 2025, Predicts BBVA

Remittances to Mexico to Decrease in 2025, Predicts BBVA

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August 6, 2025

Overview of the Situation Economists from BBVA Mexico have forecasted that remittances directed towards Mexican households will continue to flow...

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