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Mexico sees significant drop in poverty from 2018-2022 despite pandemic
From 2018 to 2022, Mexico witnessed a decline in its poverty-stricken population from 51.9 million to 46.8 million, even amid the challenges posed by the COVID-19 pandemic, as reported by the National Council for the Evaluation of Social Development Policy (Coneval). According to Coneval’s multi-dimensional poverty assessment results, the percentage of individuals living in poverty […]
Oil Tumbles as Strong Dollar and Interest Rates Bite
On a surprising day in the financial markets, May 29, oil prices initially climbed, riding the momentum from earlier gains. However, the tides turned by the day’s end, with prices taking a dip as the U.S. dollar gained strength. This intriguing fluctuation came just as the world was eyeing an important OPEC+ meeting, sparking speculation […]