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Banxico Holds Interest Rate Steady at 11% Amid Inflation Concerns
The Bank of Mexico (Banxico) decided to keep its interest rate unchanged at 11%, halting its recent easing cycle. This move aligns with the expectations of many analysts surveyed by Citibanamex. Banxico’s monetary policy committee unanimously chose this course, emphasizing the central bank’s careful approach to persistent inflation risks, despite some positive signs of disinflation. […]
AOC calls on US to declassify documents regarding Chile’s 1973 coup ahead of 50th anniversary
Rep. Alexandria Ocasio-Cortez said Thursday in Chile that it was imperative for the United States to declassify documents that could shed light on Washington’s involvement in the South American country’s 1973 coup. “The transparency of the United States could present an opportunity for a new phase in our relationship between the United States and Chile,” […]
Brazil Passes Bill to Tax Overseas Crypto Earnings
Last week, Brazil’s House of Representatives approved Bill 4173/23, which establishes tax rates for individuals with cryptocurrency earnings. Specifically, the tax applies to those who hold these digital assets in foreign accounts. Now, the Senate will examine the bill for potential changes. Deputy Merlong Solano first proposed the bill. After that, the National Congress Joint […]