Concanaco Servytur fears that a tax on cruise passengers may discourage shipping lines
The Confederación de Cámaras Nacionales de Comercio, Servicios y Turismo (Concanaco Servytur) expressed concern on Monday about the tax that...
Economy
Peso falls sharply at the open after Trump’s tariff threats
The peso fell dramatically on Tuesday, after U.S. President-elect Donald Trump announced earlier in the day that he would put...
Amazon reports that July 16 and 17 will be Prime Day
Amazon revealed on Tuesday that July 16 and 17 would see the return of Amazon's Prime Day blockbuster discount extravaganza....
Treasury Secretary gives message to the market; assures that economic stability is a priority
Rogelio Ramírez de la O, the Secretary of Finance and Public Credit, announced on Tuesday that he will remain in...
Following the death of the Iranian president, the price of gold and silver reached all-time highs
On Monday, gold reached a record high as investors increased their bets on a rate decrease by the US Federal...
Spain is scrapping the «golden visa» program
Foreign investors are granted expedited residence under the plan. Ministers decided to stop granting the visa during a Cabinet meeting...
As Congress gets ready for a spending battle, the US national debt reaches a record $34 trillion
With the gross national debt of the federal government at above $34 trillion, it is a record high that portends...
Nearshoring: about 3,000 Asian enterprises have already established in Mexico
According to the Mexico-Hong Kong Chamber of Commerce and China HomeLife, over 3,000 Asian enterprises have already moved in Mexico...
The IMF has approved a $35 billion credit line for Mexico.
According to the statement, Mexican authorities want to treat the new agreement as precautionary and to maintain careful policy moving...
Argentina’s 100% inflation attracts throngs to secondhand clothing markets: ‘I can’t afford new jeans.’
(Photo by JUAN MABROMATA / AFP) (Photo by JUAN MABROMATA/AFP via Getty Images) With inflation over 140% and climbing, hard-pressed...
