Economy News

Economy

Fitch Cuts China's Credit Rating to 'A': A Deep Dive into the Economic Implications

Fitch Ratings downgrades China's credit rating to 'A' due to deteriorating public finances and increasing debt, with a stable outlook despite challenges. The agency warns of rising...

Economy

Claudia Sheinbaum Celebrates Avoidance of New US Tariffs on Mexico as a Win for Bilateral Relations

Mexican President Claudia Sheinbaum welcomed the absence of new US tariffs on Mexican exports, viewing it as a positive step towards resolving trade disputes through dialogue. The ...

Economy

US Services Sector Shows Slight Dip in March Amid Tariff Concerns and Employment Contraction

The US service sector saw a slight activity decrease in February, with PMI at 50.8%, remaining in expansion. Employment Index dropped significantly, while concerns over tariffs and...

Economy

US Services Sector Shows Slight Decline in March Amid Tariff Concerns and Employment Drop

The US service sector saw a slight activity decline in March, with PMI dropping to 50.8%. Mixed signals from key indexes, including a significant employment drop, amid rising tarif...

Economy

US Economy Shows Resilience as Composite PMI Climbs to 53.5 in March, Surpassing February Figures

The US Composite PMI improved to 53.5 in March, with the Services PMI reaching a 2025 high of 54.4, signaling a rebound in the service sector and overall economic resilience amid p...

Economy

Claudia Sheinbaum Celebrates U.S. Decision Against New Tariffs on Mexico, Strengthening Bilateral Ties

Mexican President Claudia Sheinbaum welcomed the U.S. decision not to impose new tariffs on Mexican exports, emphasizing the importance of dialogue and cooperation in resolving tra...

Economy

ECB Faces High Uncertainty Amid Rising US Tariffs and Increased European Defense Spending

The European Central Bank highlights uncertainties in monetary policy due to US tariffs and European defense spending, warning of potential inflation risks and the need for cautiou...

Economy

OPEC+ Announces Strategic Oil Production Increase of 411,000 bpd Starting May

OPEC+ has agreed to increase oil production by 411,000 bpd in May, responding to positive market outlook. The decision could be adjusted based on future market conditions, with the...