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The Banco Bilbao Vizcaya Argentaria (BBVA) predicts a deceleration in Mexico’s manufacturing sector in the latter half of 2023. This forecast is primarily due to an anticipated decrease in foreign demand, coupled with the impact of high interest rates and stringent financing conditions in the United States, which may negatively affect durable goods demand. Nonetheless, […]
Taylor Swift’s upcoming European tour in 2024 significantly impacts the continent’s economy and politics. Her tour, which includes performances in 18 cities, is causing a surge in hotel prices due to increased demand from fans. This phenomenon is influencing European tourism, as fans, like a French teenager who couldn’t get tickets in Paris, are traveling […]
BMW has defied expectations, becoming a major player in the electric vehicle (EV) market. This achievement is notable because BMW manufactures its EVs alongside traditional gasoline cars in Munich. Analysts criticized BMW’s unified body design for all propulsion types, fearing it might hinder competition with Tesla and Chinese EV manufacturers. Yet, BMW‘s strategy proved successful. […]
