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Manufacturing employment in Mexico stops nine-month declines with April data

Manufacturing employment in Mexico stops nine-month declines with April data

El Economista – Mexico City In April, employment in the manufacturing sector rose a modest 0.3% monthly, but managed to stop a nine-month streak of declinesaccording to data from the National Institute of Geography and Statistics (Inegi) released this weekend. The improvement was reflected after 14 of the country's 21 manufacturing branches had growth in ...

The nations most indebted to the International Monetary Fund

The nations most indebted to the International Monetary Fund

Countries seek loans from the IMF to address economic crises, stabilize their currencies, implement structural reforms, and alleviate balance of payments difficulties. But there are some who currently have larger debts than others. LR Chart According to data from the International Monetary Fund on the total outstanding credit of the IMF on the debts of ...

Lower interest rate does not ensure the country's growth, says Central Bank of Peru

The Central Reserve Bank of Peru maintains the interest rate at 5.75% after two reductions

The Central Reserve Bank of Peru maintained its interest rate at 5.75% on Thursday, a pause after two consecutive declines, while core inflation shows some persistence associated with the services sector. Peru's inflation rate slowed in May, when prices fell 0.09%, to bring the year-on-year inflation rate to 2.0%placing it at the midpoint of the ...

Russia launches missile attack as Ukrainian troops stand firm

Russia launches missile attack as Ukrainian troops stand firm

Russia launched a large-scale missile and drone attack across Ukraine overnight, the second such attack this month, as kyiv's top military commander He said the advance of Kremlin forces had largely stalled on the front line. Ukrainian air defenses shot down five of the six missiles and 24 explosive-laden Shahed drones over its central, southern ...

Lula gave support to Petrobras' attempt to explore the Equatorial Margin on the high seas

Lula gave support to Petrobras' attempt to explore the Equatorial Margin on the high seas

President Luiz Inácio Lula da Silva on Wednesday supported the initiative of the state oil company Petrobras to explore the Equatorial Margin, a sensitive marine area from an environmental point of view, stating that Brazil cannot give up this opportunity. This region, located along the northern coast, is considered Brazil's most promising frontier for oil ...

Javier Milei achieves a pyrrhic victory with approval in Congress of his reforms

Javier Milei achieves a pyrrhic victory with approval in Congress of his reforms

The Argentine Senate approved in the early hours of Thursday a package of liberal reforms proposed by Javier Milei that gives a signal of governability to the marketsalthough the Upper House introduced extensive modifications to the rule and rejected tax changes by the ultra-liberal president. In an extremely even vote – the president of the ...