Mexico’s Sheinbaum rejects IMF’s pessimistic outlook and defends the country’s growth prospects
On Tuesday, Mexican President Claudia Sheinbaum publicly rejected the International Monetary Fund’s (IMF) recent prediction of a 0.3% contraction in…
IMF slashes 2025 growth forecast for Latin America on Mexico weakness
The International Monetary Fund sharply cut its growth outlook for Latin America and the Caribbean in 2025, with a steep…
Trump’s war with the Federal Reserve: inside the legal fight to fire Jerome Powell
What used to be an independent body, the Federal Reserve, is now part of the political discussions under the Trump…
Pope Francis dies at 88
Pope Francis, the Argentine Jesuit who became the first Roman Catholic pontiff from the Americas, has died, the Vatican announced…
What would happen to the US economy if Trump fires Jerome Powell?
The Federal Reserve is the most powerful central bank in the world. It manages the dollar, anchors global interest rates,…
Dangerous times
A fortnight ago, investors were counting down the hours to President Trump’s announcement of ‘reciprocal tariffs’. Global stock indices, led…
How Hermès stays resilient in economic uncertainty on the shoulders of its most coveted Birkin bags
As luxury companies navigate the choppy waters of a global economic slowdown, France’s Hermès has once again found stability in…
Is globalization at a crossroads? Nationalism and protectionism threaten trade recovery
Globalization has long been regarded as an unstoppable wave in the world of international trade and cooperation, promoting economic growth…
Japan reports record $63B US trade surplus amid high-stakes tariff talks
Japan navigated another year of overall trade deficits, but a ballooning surplus with the United States has emerged as a…
Analysis: crude oil set for weekly rise in 3 weeks; will gains hold?
Oil prices rose on Thursday due to tighter supply expectations after Washington imposed additional sanctions on Iranian oil trade. Additionally,…