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Mexico's public debt has surged to 60.7% of GDP in 2025, its greatest level because 2019, driven by increasing borrowing costs, currency volatility, and acquired fiscal challenges from the previous administration.The International Monetary Fund (IMF) validated the figure, pointing out tighter global credit conditions and Mexico's raised deficit spending as k
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Read more: Mexico's Public Debt Hits Six-Year Peak Amid Fiscal Pressures and Global Headwinds
Write comment (94 Comments)HCOB and S-P Global’s latest Purchasing Managers’ Index data reveals the eurozone economy teetered on stagnation in April, with the composite PMI hitting 50.1—barely above contraction territory.
The services sector unexpectedly shrank (PMI: 49.7), its first decline since November 2023, while manufacturing edged up to a 27-month high (48.7),
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Read more: Eurozone Economy Grinds to Halt as Services Slump Offsets Factory Resilience
Write comment (90 Comments)Colombia's trade deficit reached $1.24 billion in February 2025, up 63% from $762 million in the same month last year, according to data from the National Administrative Department of Statistics (DANE). The space shows a 0.8% yearly drop in exports to $3.78 billion and a 9.1% surge in imports to $5.3 billion. Over January-February 2025, the
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Read more: Colombia's Trade Deficit Widens in February 2025 Amid Shifting Export-Import Dynamics
Write comment (92 Comments)Peru’s Air Force (FAP) confirmed plans to acquire 24 fighter jets in two phases, allocating $2 billion for 12 units in 2025 and $1.5 billion for the remainder in 2026.
General Carlos Chávez Cateriano emphasized the need for a single supplier to avoid redundant logistics costs, narrowing options to France’s Rafale, the U.S. F-16 Block 70, and Sw
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Read more: Fiscal Discipline Guides Peru’s Major Fighter Jet Modernization
Write comment (98 Comments)Ecuador’s political landscape shifted after Daniel Noboa’s clear victory over correísmo, the movement tied to former President Rafael Correa.
Noboa’s government now faces the task of delivering on promises of greater security, institutional order, and a more open economic model. The country’s future depends on whether these plans can address the dee
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Read more: Noboa’s Ecuador: Security Crackdown and Economic Opening After Correísmo’s Fall
Write comment (95 Comments)Copper prices have climbed to a three-week high this morning, with futures rising to approximately $4.90 per pound. The London Metal Exchange (LME) three-month copper contract gained 0.8% to $9,443.50 a ton as of 9:18 a.m. in Singapore.
Yesterday’s trading session showed significant momentum with Comex copper settling 3.17% higher at $4.8705, m
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Read more: Global Copper Market Rallies on Trade Optimism and Dollar Weakness
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