The Mexican stock market experienced minimal growth during Andrés Manuel López Obrador’s six-year term. No new companies joined the market, while several existing ones were delisted. This stagnation contrasted sharply with the record-breaking performance of major U.S. indices. The Institutional Stock Exchange (BIVA) launched with ambitious plans just before AMLO’s presidency began. However, these plans […]
Related Posts
Mexico’s Bold Deficit Reduction Plan: Experts Weigh In
Mexico aims to reduce its fiscal deficit to 3.5% of GDP by 2025. This goal, while ambitious, could be achieved without hindering economic growth. Martin Castellano, Research Director for Latin America at the Institute of International Finance (IIF), believes this target is within reach. Castellano suggests that increased private sector involvement could boost growth beyond […]
Three Brazilian Banks Among Global Top 500 Valuable Brands
In 2024, Itaú, Banco do Brasil (BB), and Bradesco are ranked within the world’s 500 most valuable brands. This report comes from Brand Finance and was presented at the World Economic Forum in Davos, Switzerland, on January 17. Banco do Brasil stands out, jumping 50 places since 2023. This leap marks it as the fastest-growing […]
532 people freed from slavery-like conditions in Brazil’s broadest anti-slavery move
Officials freed 532 people from slavery-like conditions in Brazil’s broadest anti-slavery move. Named “Rescue 3,” the operation happened in August. It covered 131 towns in 23 states. Teams conducted 222 checks. They rescued 441 men and 91 women. Among them were six kids and ten domestic workers, including a 90-year-old. Labor Ministry staff led the […]