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AMLO Tightens Grip on Mexico Energy as Iberdrola Deal Gets Nod

(Bloomberg) -- President Andrés Manuel López Obrador tightened his grip on Mexico’s power industry Thursday after getting a green light to buy a majority stake in Iberdrola SA’s energy assets.Most Read from BloombergJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionPutin Steps Into US Race to Back ‘Old-Style’ Biden Over TrumpHawaii Rightly Rejects Supreme Court’s Gun NonsenseDozens of Banks Rapidly Piled Up Commercia...
Michael Oboyle Bloomberg Businessweek Alex Vasquez Mexico Finance Ministry Top Court Voids Government Statist Power
Source: yahoo.com

Mexico Holds Record Rate After Prices Accelerated Last Month

(Bloomberg) -- Mexico kept interest rates unchanged at a record high for the seventh straight meeting Thursday while signaling a growing openness to weighing a cut in the coming months. Earlier, inflation accelerated for the third straight month in January.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaBiden’s Attempt to Address Memory Issue Backfires With New GaffeUkraine’s Army Chief Replaced After Rift With ZelenskiyNew York City Is Consideri...
United States Gabriela Siller Michael Oboyle Bloomberg Businessweek Alex Vasquez Gabriel Casillas
Source: yahoo.com

Rush of Corporate Bond Sales Sets Up Latin America for a Rebound Year

(Bloomberg) -- A flurry of bond sales from Latin American companies this week is a harbinger for a rebound year in corporate debt issuance, according to the region’s largest underwriter. Most Read from BloombergRussia Says Ukraine Downed Plane Carrying 65 Prisoners for SwapApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028Trump Races Toward 2024 Biden Rematch After New Hampshire WinChina Boosts Stimulus by Allowing Banks to Keep Smaller ReservesOn Tuesday alone,...
United States America Movil Michael Oboyle Bloomberg Businessweek Conor Hennebry Alejandro Capote
Source: yahoo.com

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Mexico Keeps 11.25% Rate With Inflation Threats, Fast Growth

(Bloomberg) -- Mexico’s central bank kept interest rates unchanged for a fourth straight meeting and increased its inflation projections for next year, a sign that borrowing costs could stay higher for longer.Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally Europe’s Richest Royal Family Builds $300 Billion Finance EmpireTop Chinese Scientist Claims India Moon Landing Nowhere Near South PoleUAW Aims For At Least 30% Wage Bump to Woo New MembersBi...
United States Bloomberg Businessweek Jessica Roldan Bolsa Finamex Marco Oviedo Janneth Quiroz Zamora
Source: yahoo.com

AMLO's Flagship Projects Drive Big Boost in Mexico's 2024 Budget

(Bloomberg) -- President Andres Manuel Lopez Obrador’s big projects are a driving force behind the Mexican government’s plans to boost spending and widen the budget gap in 2024, consolidating his legacy before the next presidential election. Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsWall Street Fears a Too-Hot Econom...
Gulf Of Mexico Mexico General Baja California Isthmus Of Tehuantepec Bloomberg Businessweek Andres Manuel Lopez Obrador
Source: yahoo.com

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