Mexico, third most visited country during pandemic, increases tourism further by 7.3% annually in 1Q 2023

Fitch Ratings has reaffirmed Companhia Energética de Minas Gerais (Cemig) and its subsidiaries’ global rating at BB. This rating places Cemig just two steps away from investment grade status. Simultaneously, Fitch upgraded Cemig’s long-term national rating to AAA, the highest possible score on their scale. The outlook for these long-term ratings remains stable. Cemig’s solid […]

(Opinion) The changing Chinese economy is impacting the world as prices for its major exports such as steel and cars decrease, reshaping global trade. Companies in China face weaker demand at home. They’re selling goods abroad cheaper. This move is cooling inflation in other countries. But it’s also sparking more competition over prices. For the […]

Banxico unanimously maintained its interest rate at 11.25% for the fourth consecutive time, aligning with expert predictions. In March, the rate was raised to this level. Later, May, June, and August meetings also saw no change. September’s decision follows this trend. The current rate is the highest since January 2008. At that time, Banxico started […]