Donald Trump’s persistent threat to impose tariffs starting from the early hours of this Tuesday had a notable impact not only on the Mexican peso’s exchange rate but also on U.S. markets. According to the Bank of Mexico, the peso depreciated by 0.68%, equivalent to 13.94 cents against the dollar, closing at 20.7176 units, its lowest level since January 27, 2025, when it ended at 20.7278 pesos per dollar on the wholesale market.
The year 2024 closed with a complicated economic outlook for Latin America, where inflation continued to be a central issue in the economic agendas of several countries. Although some showed relative stability, others faced alarming figures that directly impacted the cost of living and the quality of life of their inhabitants.
Mexico's President Claudia Sheinbaum has presented an ambitious plan that seeks to reduce the country's dependence on imports from China by promoting local industry and strengthening trade collaboration with the United States.
Someone once told me that a partnership is like a sinking ship, or even more extreme, that the only good partner is a dead partner. Yes, someone told me that. According to Forbes, 70% of partnerships with two to four partners fail.
It's already in the air! Christmas is just around the corner and with it come expenses that, if we're not careful, can rock our wallet. So, here are some tips to enjoy the season without ending the year with your account in the red.
We’ve all been there swiping our card a little too often, only to cringe when we check our bank balance.
August 5, 2024, marked a significant downturn in global financial markets, known as "Black Monday." The day saw massive declines in stock exchanges worldwide, driven by fears of a looming recession in the United States. The crisis began in Asian markets and rapidly spread to Europe and America.
Early in my career, like many people, I struggled to achieve many of the goals I set for myself and my organization. Especially, because the absolute lack of clarity was a common reason for the failure of many plans. Clarity is crucial at several levels of planning, from overall goals to specific tasks and timelines.
Have you heard about de-dollarization? It's been quite the buzzword lately, and it's changing the way the world looks at money. So, what exactly is de-dollarization, and why should you care? Let's break it down together in a friendly, easy-to-understand way.
We learned, observed, and experienced money not only as a transaction tool but as a recognition of status, a demonstration of success, an element of peace of mind, and, fundamentally, a means of wealth.