US has ‘significant concerns’ about proposed popular election of Mexican judges, embassy says

MEXICO CITY (Reuters) – The United States has “significant concerns” about issues which could spring up as a result of the popular election of judges in Mexico, the U.S. embassy…

Mexico freezes relations with US, Canadian embassies after judicial reform criticism

By Ana Isabel Martinez and Kylie Madry MEXICO CITY (Reuters) -The Mexican government has paused its relationship with the U.S. and Canadian embassies in the country, President Andres Manuel Lopez…

Recession Alert: The U.S. Economy Faces a Tough Road Ahead

The term recession is becoming a frequent topic in discussions surrounding the U.S. economy. As economists and strategists weigh in, many agree that a recession is imminent. The U.S. economy,…

UBS sees EUR/CHF slipping amid rate cuts

UBS has revised its forecast for the EUR/CHF currency pair, anticipating a slight decline to 0.93 in the second half of 2024. The global economy’s soft landing has been favorable…

UBS sees GBP/CHF range-bound amid central bank moves

UBS’ latest commentary on the GBP/CHF currency pair indicates expectations for range trading in the near term, with its analysis highlighting the contrasting monetary policies of the Swiss National Bank…

UBS sees stable EUR/GBP with slight GBP advantage

UBS, on Tuesday, noted a stable outlook on the EUR/GBP rate with a slight downward bias for the pair, attributing the stability to similar monetary policy cycles between the Bank…

Oil prices fall 2% on economic worries, technical decline

By Paul Carsten LONDON (Reuters) -Oil prices slipped on Tuesday after rebounding more than 7% over the previous three sessions on supply concerns prompted by fears of widening Middle East…

Visa and Revolut Announce Global Partnership to Enhance Business Payments

Visa and Revolut have teamed up to provide instant card transfers for Revolut’s business customers using the Visa Direct system, Pymnts reported. This partnership, announced today (Tuesday), aims to eliminate…

Venezuela’s Maduro prepares executive changes at state oil firm PDVSA, sources say

CARACAS (Reuters) – Venezuela’s President Nicolas Maduro is getting ready to announce executive changes at state-owned oil company PDVSA and the oil ministry, part of key official moves following a…

Mexico to ‘pause’ relationship with US embassy after judicial reform criticism, president says

MEXICO CITY (Reuters) – The Mexican government has paused its relationship with the U.S. embassy in the country, the nation’s president said on Tuesday, after the U.S. ambassador criticized a…