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Mexico's Pemex adjustment signals pragmatic strategy

Location:

MEXICO

The loss -- nearly double that recorded during 2014 -- was an all-time record for the company and marked 13 consecutive quarters in the red. Moreover, a pre-tax loss of 7.9…

Latin American remittances growth will ease this year

Location:

LATIN AMERICA

Migrants from Latin America and the Caribbean (LAC) sent a record amount of money to relatives last year due mainly to a strong labour market in the United States, where most of…

Remittances to Latin America may reach new record

Location:

LATIN AMERICA

Remittance inflows into Latin America.

Prospects for the euro-area to end-2023

Location:

PROSPECTS H2 2023

Tourism and other customer-facing sectors are growing solidly even though above-target inflation is squeezing disposable incomes. However, strong services activity is keeping core…

Militarisation will cause rising distortions in Russia

Location:

RUSSIA

Record levels of defence spending have led to surging demand for inputs used to manufacture military equipment, driving up output across various sectors. However, evidence of…

Brexit risks derailing record UK job market momentum

Location:

UNITED KINGDOM

Brexit and the UK economy.

US price-driven oil demand growth will fade in 2017

Location:

UNITED STATES

US oil demand growth.

Latin American remittances growth will slow this year

Location:

LATIN AMERICA

Despite the slowdown, growth in remittances in 2022 still reached double digits. This was mainly due to the strength of the labour market in the United States, where the majority…

Colombia’s high emigration rates will continue

Location:

COLOMBIA

While the country has received record intakes of Venezuelans escaping the political and economic crisis there, net outflows of Colombians have risen since the end of…

Russia's construction boom is likely to moderate

Location:

RUSSIA

The completion of residential housing units reached a post-Soviet record of 110 million square metres. This strong expansion in construction activity was demand-led, stimulated by…