As Mexico strides into 2024, it encounters a significant economic slowdown paired with an anticipated growth of 2.2 percent. Meanwhile, a surge in federal spending has escalated the national budget deficit to about 6 percent of the GDP. Since 1988, this represents the largest fiscal gap, pushing the nation toward possible drastic spending cuts or […]
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Regional Elections Highlight Right-Wing’s Rising Influence in Germany
In a significant political development, the conservative Alternative for Germany (AfD) party has achieved a historic victory. They won the state elections in Thuringia, marking a first since World War II. The AfD secured between 30.5% and 33.5% of the votes. This surpassed the center-right Christian Democratic Union (CDU), which garnered 24.5%. In neighboring Saxony, […]
Petrobras, Shell Eye Colombian Gas
Petrobras and Shell want to invest in Colombia’s offshore gas fields, says Ecopetrol CEO Ricardo Roa. Recent finds in deep water show lots of gas, enough to make Colombia an exporter. Both firms have shown keen interest, Roa stated in a chat. “We’ve told the market that new and current players are welcome in these […]
