World News

U.S. Tariffs Exacerbate Macro Concerns for Mexican Corporates

March 5, 2025/Fitch Ratings The new 25% U.S. tariffs imposed on Mexican goods and uncertainties around trade relations significantly worsen the business environment for Mexico’s corporates, exacerbating macro concerns and threatening Mexico’s nearshoring prospects, says Fitch Ratings. The diversified industrials and autos sectors will be more directly affected, with issuers […]

Speech by Chair Powell on the Economic Outlook

March 7, 2025/US Federal Reserve By Chair Jerome H. Powell Thank you, Anil. I appreciate the opportunity to speak at this forum and look forward to our discussion. I will start with some brief remarks about the economy and the path of policy. Despite elevated levels of uncertainty, the U.S. […]

BudgIT and Connected Development to Advance Locally-Led Development in Africa

March 5, 2025/BudgIT BudgIT, a leading civic-tech organisation promoting transparency and accountability in public finance management, and Connected Development (CODE), a non-profit organisation promoting citizens’ engagement and good governance, are pleased to announce a joint project to implement a groundbreaking initiative to strengthen locally-led development across Africa. The project will […]