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The Bank of Mexico reports a historic increase of remittances to Mexican households. Employees abroad sent $59.5 billion to their households in the very first eleven months of 2023. This extraordinary circulation of migradollars benefits 12.3% of Mexican adults.November alone saw 4.9 million households receive $5.4 billion in remittances. This amount marks a 10.6%
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Read more: Mexican Households Receive Record-Breaking Remittances of $59.5 Billion
Write comment (95 Comments)On January 1, 2025, the first members of Generation Beta will be born into a world where artificial intelligence is as commonplace as electricity. This cohort, spanning from 2025 to 2039, will make up 16% of the global population by 2035 and many will live to see the 22nd century.
Unlike their predecessors, Gen Beta will experience AI and
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Read more: Say Hello to Gen Beta: Born in 2025, Shaped by A.I.
Write comment (97 Comments)(Analysis) In the heart of South Asia, in an area once referred to as Khorasan, the lines on the map are blurring, not simply in ink however in the blood of those who call these lands home-- Iran, Afghanistan, and Pakistan.These 3 nations bound by history, divided by borders, and now joined by chaos-- are witnessing the erosion of their sovereignty as t
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Read more: The Khorasan Cauldron: South Asia's Next Great Conflict
Write comment (97 Comments)Ricardo Nunes faces a pivotal moment as he begins his new term as São Paulo’s mayor. His 100-day action plan prioritizes completing ongoing projects while navigating financial constraints. This strategy aims to deliver tangible results in Brazil’s most populous city.
Education takes center stage in Nunes’ plan. The mayor aims to finish construction
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Read more: Tight Budget, Clear Goals: São Paulo’s New Action Plan Focuses on Core Services
Write comment (93 Comments)Wall Street closed the last trading session of 2024 in negative territory. Financiers took profits before the turn of the year, particularly in technology stocks. The tech sector experienced the day's largest decline at 1.04%. The Dow Jones fell 0.07% to 42,544.20 points. The S&P 500 declined 0.43% to 5,881.63 points. The Nasdaq dropped 0.90% to
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Read more: Wall Street Ends 2024 with Losses however Achieves Significant Annual Gains
Write comment (93 Comments)Carlos Slim, the Mexican telecom magnate who when controlled Latin American airwaves, now sets his sights on black gold. In 2024, Slim poured $1 billion into oil ventures, signifying a vibrant shift in his investment strategy.The 84-year-old billionaire obtained substantial stakes in PBF Energy and Talos Energy. He invested $602 million in PBF, raising
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Read more: Oil Tycoon in the Making: Carlos Slim's $1 Billion Gamble
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