On the political front, Biden takes on Trump and Republicans in an impassioned State of the Union address, while Sweden officially becomes a member of the NATO alliance, marking the end of decades of neutrality. In economic terms, the United States added 275,000 jobs in February as the labor market continues to grow. On the business front, Congress is considering a new bill to push for the sale or ban of TikTok in the United States. Policy President Biden delivered an impassioned third State of the Union address Thursday night, strongly arguing for a second term while condemning former President…
Author: Qacz Willy
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The Mexican president, Andrés Manuel López Obradorexpressed this Friday that he will not be able to attend the North American Leaders Summit planned for April in Canada with the argument that there is no time to organize it due to the presidential elections in Mexico and the United States. We will not be able to attend, but whoever replaces me will surely attend because we need to maintain our economic and commercial relations with Canada and the United States,” the president declared in his morning conference in the western state of Michoacán. You might be interested: Claudia Sheinbaum promises financial…
The world coffee prices They have increased 3.2% last February compared to January and 4.2% compared to the same month in 2023, according to the latest report from the World Coffee Organization (ICO). Its composite price index stood at an average of 182.04 US cents (165.9 euro cents) per pound produced in February, equivalent to about 453 grams. The price of the robusta variety has grown 3.2% monthly, up to 153.23 cents per pound (139.66 euros), its highest level in almost 30 years. Colombian soft coffee has been quoted on average at 209.53 cents per pound (191.05 euros), 1.9% more…
The presidential candidate of the opposition coalition 'Fuerza y Corazón por México', Xóchitl Gálvez said this Thursday that he is analyzing resuming the construction of an airport in Texcocoin the central State of Mexico, as well as the expansion and construction of new ports. We have to build new ports and obviously the issue of the airport (of Texcoco) is an issue that continues to hurt us, I am studying the issue of the airport,” he said when participating during the 32nd plenary meeting of Citibanamex advisory councils. The presidential candidate said she did not want to “make a decision…
Next June 2, in addition to being election day in Mexico, Banamex will celebrate 140 years since its founding. The historic bank opened its doors in 1884. Also, paradoxically, the bank is experiencing its own 'fourth transformation', and we are not referring to any political issue, but it will literally be the fourth time in which the bank will reinvent itself. The issue is not minor and, although it seems that it only concerns said institution and also its American corporation Citigroup, in reality the matter is of the greatest relevance for Mexican banking in general and also for the…
The American economy generated 275,000 new Job positions non-agricultural jobs during the month of February, a figure higher than the 229,000 jobs in the revised data for January, despite which the unemployment rate increased to 3.9% from 3.7% the previous month, according to data published this Friday by he Work Department. The job creation data in February has thus far exceeded the expectations of the market consensus, which was betting on some 198,000 new jobs, in addition to exceeding the average of the last twelve months of 230,000 new jobs. Likewise, after February's data, the US labor market has now…
The participation of Mexican women in the labor force, and the income that this population sector receives for doing the same productive activities as men, continue to show significant gender gaps that will be difficult to reverse in the short term. According to the most recent Global Gender Gap Report from the World Economic Forum (WEF), in Mexico for every 100 men fully integrated into the economically active populationthere are only 57 women in that same condition. Regarding income, Mexican women earn between 52 and 65% of what a man earns, when both have the same education and do the…
The Government of Mexico is working to make it happen a “smooth and orderly transition,” regardless of who wins the upcoming June 2 presidential electionin which the successor of Andrés Manuel López Obrador will be chosen, the Secretary of Finance and Public Credit (SHCP), Rogelio Ramírez de la O, said this Thursday. During the 32nd plenary meeting of Citibanamex advisory councils, the official highlighted that the fiscal policy promoted during the López Obrador administration (2018-2024) “has been guided by the commitment to safeguard macroeconomic stability and maintain the debt on a stable trajectory. ”. “This commitment will continue to be…
The presidential candidate of the Let's Keep Making History coalition, Claudia Sheinbaum, presented this Thursday her 'Republic of and for Women' strategy, with which she intends to promote 11 actions in favor of Mexican womenamong them, new social support for women between 60 and 64 in recognition of their work. From a proselytizing event in the central Mexican state of Querétaro, the candidate maintained that her plan seeks to guarantee security, well-being, and especially that the most essential rights of Mexican women, such as health and economic independence, are fulfilled. “The important thing is that women are protected (…). We…