(Analysis) Andrés Manuel López Obrador’s presidency championed “republican austerity” to reduce government spending and benefit the populace. This approach, however, resulted in what analysts term “selective austerity.” The administration prioritized spending on Pemex and flagship projects over promised healthcare improvements. Jorge Cano of México Evalúa highlighted increased expenditure on military and welfare programs. These contrasted […]
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Climate Disasters Reshape Brazil’s Insurance Landscape
Brazil’s insurance industry is undergoing a significant transformation due to the rising frequency of climate-related disasters. As extreme weather events become more common, insurers are experiencing increased demand and payouts across various sectors, including life, property, housing, auto, and rural insurance. Comprehensive home insurance has seen the most substantial growth, covering damages from winds, floods, […]
Bitcoin Ends September Up 4%, Reaching $27K
Bitcoin and Ethereum are trending upward this Friday, poised to conclude September with gains of 4.15% and 1.76%, respectively. Today, the U.S. Personal Consumption Expenditures (PCE) Index also grew. It rose by 0.4% in August compared to July. Annually, it increased by 3.5%. The core PCE, which filters out volatile items like food and energy, […]