Australia

Australia's economy is accelerated, driven by the spending in homes

Australia’s economy is accelerated, driven by the spending in homes

Australian economic growth accelerated in the second quarter, promoted by household consumption, since a more flexible monetary policy underpinned the activity. The Gross Domestic Product, GDP, advanced 0.6% in the three months until June, faster than 0.5% planned and twice the revised rhythm on the anterior trimester of the previous quarteraccording to data from the ...

Economists support Cook and the independence of the Federal Reserve in an open letter

Economists support Cook and the independence of the Federal Reserve in an open letter

Outstanding economists are supporting the governor of the Federal Reserve, Lisa Cook, After President Donald Trump decided to fire her based on accusations that he committed mortgage fraud. More than 450 economists signed an open letter supporting Cooksaying that there is a very high bar to remove the governors of the FED and that elected ...

Claudia Sheinbaum will present your first management report from the National Palace

Claudia Sheinbaum will present your first management report from the National Palace

The Economist – Mexico City The president of Mexico, Claudia Sheinbaum Pardo, will pay her first government report on Monday, September 1, 2025, 11 months after assuming the presidency. The act will mark a historical moment, being the first woman in Mexico to present a presidential report. This Monday, the president will begin her day ...

The fall in BYD's profits could be a worrying signal of what will come

The fall in BYD’s profits could be a worrying signal of what will come

The consequences of the fierce battle Among Chinese car manufacturers they are becoming impossible to ignore. When Byd Co. last Friday reported a surprising 30% drop in its quarterly profits, its first fall in more than three years, It was clear that not even the dominant actors are safe in the fierce battle for market ...

Peru Fiscal Council qualifies the Boluarte Government as optimistic in their accounts

Peru Fiscal Council qualifies the Boluarte Government as optimistic in their accounts

On Thursday, August 28, the Ministry of Economy and Finance, MEF, published in the Official Gazette the Peruvian finally the multiannual macroeconomic frame 2026-2029, MMM, The central document that establishes the economic and fiscal goals that the next government must faceafter the departure of Dina Boluarte on July 28, 2026. Now, the Fiscal Council ruled ...

American airline Spirit is declared in bankruptcy for the second time in less than a year

American airline Spirit is declared in bankruptcy for the second time in less than a year

Spirit Aviation Holdings He declared bankruptcy for the second time in less than a year after his airline, with liquidity problems, failed to recover his business. The Spirit Airlines parent company presented a request for protection of Chapter 11 before the US Bankruptcy Court for the Southern District of New York, as reported on Friday ...

American judge suspends Donald Trump's rapid deportation policy

American judge suspends Donald Trump’s rapid deportation policy

An American judge blocked a Trump administration policy that has allowed federal agents to quickly expel undocumented immigrants Without due process of any place in the United States if they cannot quickly demonstrate that they have been in the country for more than two years. Friday’s decision suspends a promulgated rule in January that has ...

Trump has declared "frustrated" for not ending the war between Ukraine and Russia

Venezuelan migrants no longer have protections for the new illegal measure of Trump

A Federal Court of Appeals ruled on Friday that Donald Trump’s government had probably acted illegally when he revoked temporary protections against deportation granted to 600,000 Venezuelans They lived in the United States, during the mandate of Joe Biden. A panel of three judges of the Ninth Circuit Court of Appeals confirmed the judgment of ...

President Milei denies alleged bribes scandal after receiving "rain of stones"

President Milei denies alleged bribes scandal after receiving “rain of stones”

President Javier Milei accused the Argentine opposition of trying desperately to stop economic progress after being attacked with stones During a campaign event in the accusation of bribes within its cabinet. “This week’s operation is nothing more than another item in the long list of gadgets of the caste and, such as all the previous ...

Most tariffs imposed by Trump are not legal, says Appeals

Most tariffs imposed by Trump are not legal, says Appeals

A United States Court of Appeals ruled on Friday that most Donald Trump’s tariffs are illegalwhich undermines the use that the Republican President makes of the taxes as a key tool of international economic policy. Trump has turned tariffs into a pillar of American foreign policy in his second termusing them to exercise political pressure ...