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Relocation to Mexico boosts manufacturing and real estate sectors, Fitch reports
According to Fitch Ratings, the shift of global value chains towards Mexico benefits non-financial corporations, local manufacturers, and the industrial real estate sector. Key sectors experiencing benefits include automobiles, machinery, medical equipment, electronics, appliances, logistics, and industrial real estate. Fitch mentioned that realizing the full advantages of this “nearshoring” could take three years or more […]
House GOP doubts grow as Johnson digs in on funding fight: ‘Playing with a government shutdown’
Speaker Mike Johnson, R-La., is plowing full steam ahead on his plan to avert a partial government shutdown at the end of the month, despite growing uneasiness within the House GOP. Johnson’s plan involves a six-month extension of the current fiscal year’s government funding levels, known as a continuing resolution (CR), and combining it with […]