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Iran launched a drone and missile attack on Israel on April 13, retaliating against Israel's airstrike on its consulate in Damascus. Israel's cabinet discussed response options, while US President Biden urged caution and a united diplomatic front. The situation remains complex with potential for strategic errors.
Israel, under U.S. pressure, adjusts Gaza tactics to minimize civilian casualties and aid the return of displaced persons. This shift from intense southern operations aims to balance military goals with ethical standards, highlighting the U.S. emphasis on avoiding strategic losses through civilian protection.
The UN Security Council passed a resolution for an immediate ceasefire in Gaza during Ramadan, calling for the release of all hostages. With the US abstaining, 14 members applauded the resolution, which aims to alleviate the conflict and humani…
The Israel PM denies the United States request of stopping Rafah’s offensive. The UN wants to alert Israel about the necessity of a ceasefire due to the disastrous humanitary consequences. For its part, the United States abstained from voting a…
Banco de la República reduced its policy rate by 50bp to 12.25%. With this, the Board of Banrep consolidates a 100bp cut since December when it started the process of rate reductions and accelerates the pace of cuts from 25bp to 50bp . Five Boa…
The reduction in electricity prices in Europe is attributed to the reversal of supply shocks and a decrease in demand. The definitive impact of renewable energies will be delayed until advances in storage systems are achieved, allowing for more effective management of demand peaks.
Inflation moderated less than expected in the first two months of ‘24 constrained by the modest decline in services. Our supply bottlenecks indicators inched up in February 2024 but remain at very low levels.
Israeli PM Netanyahu rejected President Biden's request to halt a ground assault on Rafah, Gaza's last refugee area, housing over a million displaced individuals. Netanyahu stated the mission to eliminate battalions in Rafah necessitates ground…
By the end of 2023, Mexico recorded a trade deficit of 5,463 million dollars ($5.46 bn). Manufacturing leads both exports and imports. Mexico solidified its position as the leading supplier in the US market while FDI dropped slightly in 2023.
Israel probes an airstrike in Gaza for possibly killing Hamas's deputy military leader amidst ongoing conflict, with Ramadan approaching. The US presidential race heats up as Nikki Haley exits the Republican race and Dean Phillips leaves the De…
Javier Milei's government took office aiming to have a less regulated and more market friendly economy with the private sector as the main driver of economic growth. The core of his macroeconomic policy is to achieve fiscal equilibrium and eliminate monetary issuance to cover public spending as of 2024.
Israeli forces and Palestinian fighters are clashing, with Israel conducting airstrikes, including on a building with the Palestinian Islamic National Bank. The US, UN, Egypt, S. Arabia, and Jordan seek a ceasefire, with US VP Kamala Harris advocating for an immediate end to hostilities and urgent humanitarian aid to Gaza.
