There have been 22 federal government shutdowns in the United States since 1979, with three last year alone, including the most recent 35-day partial shutdown, which came into effect on December 22, 2018. Considered the longest in US history
The International Monetary Fund (IMF) recently published its forecast for global economic growth, also referred to as the “World Economic Outlook” (WEO), in which the international body downsized its global growth outlook for 2018-19.
US tariffs are starting to take a toll on the Chinese economy, with the September manufacturing PMI stalling at 50.0 after expanding for 15 months in a row
2017 has been nothing short of a rollercoaster ride for the Mexican peso. Starting with the election of US President Donald Trump, the Mexican currency suffered enormously as fears set in that the US-Mexico trade relationship would suffer enormously.
The Mexican economy has been on a bit of a ride these past 12 months. Peaking at US$1.29 billion in 2014, gross domestic product (GDP) has fallen consistently since then. Growth has hovered near the 2.3-percent mark in recent years, while consumption has been on the rise since 2014.
A self-fulfilling prophecy recently hit Citigroup concerning its dealings with its Mexican subsidiary, Banamex and Banamex USA. Fears that large sums of money being moved to Mexico from the United States were fraudulent permeated