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Mexico’s Public Debt Burden Reaches New Heights: A Record-Breaking Financial Cost
Mexico’s public debt has reached an unprecedented financial cost in recent months. From January to August 2024, the government spent 722,746 million pesos (approximately $129 billion) on debt servicing. This amount translates to a monthly average of 90,340 million pesos ($16 billion). The financial cost of Mexico’s public debt has grown by 4.0% compared to […]
Newspaper giant pauses AI experiment after readers mock bizarre sports reporting
Gannett, the parent company for USA Today and a number of local newspapers, has paused an artificial intelligence experiment following criticisms that AI-generated sports articles were awkwardly phrased and lacked details. A handful of Gannett-owned papers briefly published AI-generated sports stories this month based on box score data, Axios reported, which were quickly met with […]
BB Seguridade, Zamp, and Sabesp: Strategic Moves in Brazil’s Corporate Landscape
In the dynamic arena of Brazil’s corporate world, strategic moves by BB Seguridade, Zamp, and Sabesp are making headlines. BB Seguridade announced it will distribute R$2.7 billion ($495 million) in dividends, reflecting its insurance market dominance. This follows a 2023 payout of R$5.665 billion ($1.038 billion), underscoring its financial health and shareholder commitment. Simultaneously, Zamp, […]