In a decisive move, Mexico’s Chamber of Deputies passed sweeping reforms to combat maritime crime. These legal changes grant the Mexican Navy enhanced authority to monitor, pursue, and inspect vessels. The reforms apply within the nation’s Exclusive Economic Zone and extend into international waters. All this aligns with global treaties, aiming to curb illegal activities […]
Related Posts
Evergrande Suspends Stock Trading in Hong Kong
China’s real estate giant Evergrande has suspended its stock trading in Hong Kong. The halt follows a regulatory notice. Moreover, two subsidiaries have also ceased trading. These units focus on real estate services and electric cars. Combined, these companies are worth $2.1 billion, according to Bloomberg. Furthermore, this trading halt comes right after Bloomberg reported […]
Monday’s Morning Call: Market Eyes Tuesday’s Economic Indicators
Brazil’s Monday’s Morning Call spotlighted the financial market’s keen wait for Tuesday’s economic releases. The briefing underscored the importance of the IPCA-15 inflation preview and the Central Bank’s Monetary Policy Committee (Copom) meeting minutes. These documents are pivotal, hinting at possible rate adjustments ahead. A recent policy shift cut interest rates to a two-year nadir, […]
2023 Brings Export Setbacks for China’s Economy
In 2023, China experienced its first export decline since 2016, a 4.6% drop to $3.38 trillion, indicating weak global demand and domestic economic challenges. The reduction was particularly noticeable in exports to the U.S., which fell by 13%. European Union and Southeast Asian countries also imported less from China. However, China’s trade with Russia was […]