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Mexico’s Central Bank Keeps Rates at 11.25% Amid Inflation Watch
The Bank of Mexico, or Banxico, has decided to keep its key interest rate at 11.25% annually. This unanimous choice highlights the bank’s ongoing vigilance over inflation, which continues to pose a positive risk. Banxico predicts inflation will hit its 3% target by the second quarter of 2025, expecting no deviation from its anticipated price […]
Mexico is building its first Air and Naval Base in Riviera Maya
Mexico’s Defense Department is building its first Air and Naval Base in Riviera Maya. Along with a new airport in Tulum, the base aims to boost area surveillance. Riviera Maya had no facilities for significant weather events before this. The new base will watch the sky over Mexico’s southeast border. It will also be a […]
Top 5 moments during Trump-Biden debate showdown: ‘I didn’t have sex with a porn star’
There were several heated moments and pointed jabs during the first 2024 presidential debate between President Biden and former President Trump on Thursday night. Discussing a variety of topics, including immigration and the border, the war in Israel, and abortion, the candidates managed to land some punches and challenge one another on their respective records. […]