Financial Diary – Santiago The Consumer Price Index (CPI) rose 0.3% in May, the National Institute of Statistics (INE) reported on Friday. in an increase that was slightly above expectations and that increased the 12-month variation with respect to the linked series of the index to 4.1%, in line with what analysts expected. “Twelve of ...
The Bank of Canada cut interest rates by a quarter of a percentage point, becoming the first Group of Seven central bank to begin an easing cycle. Monetary policymakers, led by Governor Tiff Macklem, lowered the benchmark interest rate to 4.75% on Wednesday, as markets and economists expected in a Bloomberg survey. The authorities are ...
US President Joe Bidenexpressed on Thursday that would not pardon his son Hunter, who is on trial in Delaware accused of violating a law that prohibits illegal drug users from possessing firearms. In an interview with ABC News, Biden responded “Yes” when asked if I would rule out pardoning Hunter. Also He answered affirmatively when ...
The Mexican peso depreciated on Tuesday for the second consecutive day Despite the Government's efforts to calm market concerns about the possibility of the ruling party having an absolute majority in Congress, which would allow him to promote profound reforms to the Constitution. In a brief call with investors, the Secretary of the Treasury, Rogelio ...
Brazil's government said it will issue a provisional measure to offset the cost of a controversial payroll tax exemption as it seeks to maintain the benefit of derailing efforts to hit its main fiscal target this year. The measure will limit the compensation of tax credits for companiesthe Ministry of Finance announced on Tuesday. The ...
Oil futures extended declines on Tuesday following Opec+'s plan to return barrels to the market earlier than expected, raising fears of oversupply in the market. Brent fell as much as 2%, below US$77 per barrel, extending the previous day's losses. West Texas Intermediate was trading at around $72.50. The Opec+ alliance is scheduled to begin ...
El Economista – Mexico City In March, the fixed investment made in Mexico, measured through the Monthly Indicator of Gross Fixed Capital Formation (IMFBCF) grew 0.8% monthly seasonally adjusted, resulting in three months of gradual improvement, according to data published this Tuesday by the National Institute of Geography and Statistics (Inegi). In February the growth ...
Oil widened losses after Opec+ establish a plan to return some barrels to the market this year. Brent fell below $81 a barrel after a three-day decline, and West Texas Intermediate traded near $77. Production cuts will continue in full in the third quarter and then be phased out over the next 12 months, the ...
Media mogul Rupert Murdoch, 93, married his fiancée, Elena Zhukova, a 67-year-old retired biologist, in the United States.who has become the fifth woman Murdoch has married, Fox News reported this Sunday. The wedding, held on Saturday afternoon at a vineyard estate that Murdoch owns in Bel-Air, California, was attended by family and close friends of ...
Opec+ agreed to extend its oil supply cuts, delegates said, as the group continues its efforts to avoid a global surplus and prop up prices. So-called “voluntary” cuts from key members including Saudi Arabia and Russia, which amount to about 2 million barrels per day and were due to expire at the end of June, ...
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