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Mexico creates new government debt instrument

Mexico creates new government debt instrument
latinfinance.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latinfinance.com Daily Mail and Mail on Sunday newspapers.

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Mexico to see net revenue gain from corporate tax revamp, finance minister says


4 Min Read
VENICE, July 11 (Reuters) - Mexican Finance Minister Arturo Herrera told Reuters that the global deal to revamp taxation of multinational companies should easily win approval from Mexico’s Congress because it will expand the country’s revenue base, but consideration will likely wait until September 2022.
Herrera said in an interview on the sidelines of this weekend’s G20 finance leaders meeting in Venice, Italy that the OECD tax deal was a “no brainer” for Mexico.
The deal, which establishes a global minimum corporate tax of at least 15% and allows the largest multinational firms to be taxed in countries where they sell products and services, was formally endorsed by the G20 ministers on Saturday. ....

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Meksika pagerino pirmojo ketvirčio ekonomikos augimo įvertį

Meksika pagerino pirmojo ketvirčio ekonomikos augimo įvertį
15min.lt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 15min.lt Daily Mail and Mail on Sunday newspapers.

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Cost of Treasuries-Led Rout Seen as Global Bond Sales Falter

(Bloomberg) A string of poorly-received bond auctions in the past week is driving home a message the Treasuries-led global rout is leaving investors scarred and governments staring at higher borrowing costs.U.S. yields resumed their rise Wednesday after a brief lull that followed a disastrous sale of seven-year Treasury notes last week. Sovereign bond offerings from Indonesia to Japan and Germany have drawn tepid demand and at least one sale was scrapped. The push for higher rates comes as central bankers attempt to ease investors’ discomfort over the pace of the recent rise.Investors are demanding higher yields to compensate for the risk of further volatility, which may complicate efforts to finance $14 trillion worth of fiscal stimulus globally. Concerns that central banks may withdraw policy support has soured sentiment, amid mounting evidence of a faster-than-anticipated economic recovery.“Investors will be increasingly differentiating countries based on their fun ....

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