In 2023, the Mexican peso’s appreciation against the US dollar could have significant ramifications for both the economy and public finances, according to a recent report from the Center for Economic and Budgetary Research (CIEP). Their study highlights that a stronger peso might lead to decreased oil revenues and a reduction in per capita debt. […]
Related Posts
Oil Hits Four-Month High Amid Chinese Demand Signals and Supply Risks
Oil prices closed higher on Monday, buoyed by bullish factors from both the demand and supply sides. Strong economic data from China sparked optimism about the consumption patterns of the world’s largest commodity importer. Meanwhile, restrictions on Iraqi exports and tensions between Russia and Ukraine heightened concerns about potential oil supply constraints. On the New […]
Argentinians Turn to Crypto for Dollars Amid Peso Crisis
Argentinians turn to crypto for dollars amid economic woes, with 60% of transactions seeking dollars over Bitcoin’s 13%. This move is a strategy against the peso’s fall and inflation rise. Bitso notes this shift towards dollar cryptos arises from the high inflation need to protect value. Julián Colombo from Bitso Argentina sees a rise in […]

Flying car with 620-mile range scheduled for upcoming launch
Have you ever wished you could skip the traffic and just fly to your destination in the same vehicle you drove to the airport? That’s exactly what the Klein Vision AirCar is promising. After more than 30 years of development, this flying car is finally about to become a reality for early buyers. Let’s see […]