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Mexico Escalates Diplomatic Row with Ecuador to International Court
Mexico has intensified a significant diplomatic conflict by bringing Ecuador before the International Court of Justice (ICJ) following a contentious raid on its Quito embassy. Last week, Ecuadorian forces forcefully stormed the Mexican embassy to apprehend Jorge Glas, Ecuador’s former vice president. This action provoked widespread international condemnation and severed diplomatic ties between the two […]
Swiss Investment Firm Vontobel Shifts Focus from China to Brazil
Swiss firm Vontobel, a notable investment and private banking player, is actively changing its strategy. The firm is moving away from Chinese stocks, redirecting its investments towards more promising markets like Brazil, Mexico, and India. As of December 2022, Vontobel Asset Management was overseeing CHF 108.1 billion ($120 billion) in assets. The firm boasts a […]
Thursday’s Morning Call: U.S. GDP and Corporate Updates Stir Financial Scene
Today’s financial market vibrates with intense anticipation as the U.S. reveals its critical first-quarter GDP figures. Scheduled for a 9:30 AM release, this vital data might signal shifts in American economic policies, particularly regarding interest rate adjustments. As the stock market nears opening, investors keenly await how these figures will influence their strategies. In corporate […]