Mexico’s GDP slowed in Q2; grew 1%

Mexico’s GDP slowed in Q2; grew 1%

Mexico City. The Mexican economy lost speed and grew by one percent in the second quarter of 2024 compared to the same period in 2023, reflecting a slowdown, as the first quarter’s growth was 1.9 percent annually, according to figures from the National Institute of Statistics and Geography (Inegi). On a quarterly basis, Mexico’s gross … Read more

Providing loans to ethnic minorities in remote areas

Providing loans to ethnic minorities in remote areas

(VOVWORLD) – The Social Policy Bank will provide loans to ethnic minorities in remote areas. The conference to evaluate the implementation of a regulation of the Secretariat of the CPV on social policy loans. (Photo: VOV) This was the request of Prime Minister Pham Minh Chinh at a conference to evaluate the implementation of an … Read more

The UN estimates that the world economic system will develop 2.7% this 12 months

The UN estimates that the world economic system will develop 2.7% this 12 months

United Nations. The United Nations on Thursday reported an enchancment within the outlook for the worldwide economic system since its January forecast, pointing to a greater outlook in the US and several other giant rising economies resembling Brazil, India and Russia. Based on its mid-2024 report, the worldwide economic system is projected to develop 2.7 … Read more

The economic system grew 2.4% in March and 1.7% in April, calculates Inegi

The economic system grew 2.4% in March and 1.7% in April, calculates Inegi

Mexico Metropolis. Financial exercise slowed down between March and April in comparison with the identical interval of the earlier yr, as proven by the newest figures from the Nationwide Institute of Statistics and Geography (Inegi). When presenting the Well timed Indicator of Financial Exercise (IOAE), Inegi specified that, throughout March, the group calculated that the … Read more

Small and Medium-Sized Corporations and Entrepreneurs Present Improved Temper and Elevated Funding Urge for food

Small and Medium-Sized Corporations and Entrepreneurs Present Improved Temper and Elevated Funding Urge for food

The temper of small and medium-sized firms and entrepreneurs is bettering. The urge for food for funding is at its highest stage in 5 years. Many extra companies and entrepreneurs need to purchase new applied sciences and put money into cost-saving measures, digitization and innovation for purchasers, in keeping with the ČSOB Index research of … Read more

Global Economic Situation and Geopolitical Tensions Impacting Supply Chains: Finance Minister Sri Mulyani Indrawati

Global Economic Situation and Geopolitical Tensions Impacting Supply Chains: Finance Minister Sri Mulyani Indrawati

Jakarta – Finance Minister Sri Mulyani Indrawati revealed that the global economic situation is still not good. The heated geopolitical conditions emerging in the Middle East are affecting the supply chains of the world. “The global economic situation, which is still weak, is under constant pressure, especially from a geopolitical point of view. The situation … Read more

Consumer confidence slowed down in March, reports Inegi

Consumer confidence slowed down in March, reports Inegi

Mexico City. The deterioration of the perception of the expected economic situation for Mexico, as well as of employment for the next 12 months, slowed down the level of confidence of Mexican consumers, which will be reflected in their pockets, revealed data from the National Institute of Statistics and Geography. (Inegi). Mexican sentiment, measured through … Read more

Mexican economy will resume growth, cyclical indicators report

Mexican economy will resume growth, cyclical indicators report

Mexico City. After the stagnation that was recorded at the end of last year and the beginning of 2024, the Mexican economy will resume moderate growth for the second half of the year, suggests the Composite Indicator System: coincident and leading, calculated by Inegi. The National Institute of Statistics and Geography (Inegi) specified that the … Read more

S&P 500 Index Hits New Closing High, U.S. Economy Braces for Growth

S&P 500 Index Hits New Closing High, U.S. Economy Braces for Growth

After fluctuating within a narrow range for the past month,S&P 500 IndexLast Friday (19th) it hit a new closing high for the first time in more than two years. S&P 500 IndexIt closed at 4839.81 points, surpassing the historical closing record of 4796.56 points set on January 3, 2022. According to FactSet data, the index … Read more

Minister Warns of Tough Economic Challenges Ahead for Indonesia in 2024

Minister Warns of Tough Economic Challenges Ahead for Indonesia in 2024

Jakarta – Coordinating Minister for Economic Affairs Airlangga Hartarto described Indonesia’s economic growth as climbing a mountain. Even though economic growth is predicted to be stable, he sees global uncertainty making Indonesia’s economic challenges even more severe in the future. “We can make an analogy in the future that economic growth is climbing a mountain … Read more