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(Analysis) French President Emmanuel Macron and Friedrich Merz, poised to become Germany’s next chancellor, met at the Élysée Palace on February 27, 2025, to pledge a “new chapter” in Franco-German relations.
The leaders emphasized European strategic independence and unity, a response to Donald Trump’s inauguration as U.S. President in January 2
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Read more: Franco-German Leaders Pledge New Chapter, but Political Hurdles Loom
Write comment (99 Comments)The Colombian peso traded at 4,123.10 COP per USD on February 27, 2025, reflecting a modest 0.08% depreciation from the previous day’s close.
After opening the session at 4,114.33 COP per USD, the peso faced mild pressure during the day, influenced by global and domestic factors. Trading volumes remained moderate as investors awaited key economic
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Read more: Colombian Peso Holds Ground as Markets Eye Fiscal Policy and Oil Stability
Write comment (96 Comments)The Mexican peso fell versus the U.S. dollar on Thursday after U.S. President Donald Trump validated that tariffs on imports from Mexico and Canada will take effect on March 2. The statement reversed earlier optimism that the tariffs might be delayed, shaking investor confidence and pressing the peso lower. The peso traded at 20.4644 pesos per
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Read more: Mexican Peso Slides as Trump Confirms Tariffs on Mexico and Canada
Write comment (99 Comments)Ecuador exported 37.15 megawatts (MW) of electricity to northern Peru on February 24 and 25, 2025, according to Primicias. The energy flowed through the Machala-Zorritos transmission line, operating at 230,000 volts.
The Corporación Eléctrica del Ecuador (CELEC), through its Transelectric Unit, managed the delivery under the Ministry of Energy’s gui
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Read more: Ecuador Strengthens Regional Energy Role with Electricity Exports to Peru
Write comment (94 Comments)Exor, the investment arm of Italy's influential Agnelli household, has sold a 4% stake in Ferrari, raising roughly EUR3 billion ($3.15 billion). This relocation aims to diversify Exor's portfolio and fund a considerable acquisition while keeping its position as Ferrari's largest shareholder. The announcement, made on February 26, 2025, highlights the
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Read more: Agnelli Family Reduces Ferrari Stake in $3.15 Billion Sale to Fund Expansion
Write comment (90 Comments)Foreign financiers decreased their positions in Mexican markets for the fifth consecutive year in 2024, according to Banco de México data.Last year alone, $7,567 million (R$ 45.4 billion) drained of the nation, a smaller sized figure compared to the $11,268 million withdrawn in 2023. This still gone beyond the $5,112 million tape-recorded in 2022,
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Read more: Foreign Investors Continue to Exit Mexican Markets for Fifth Consecutive Year
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