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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…

Rising emissions worsen global disaster risks

Location:

INTERNATIONAL

Climate and disaster risk.

Subsidy changes may curb Russia's farming successes

Location:

RUSSIA

Challenges to sustaining agricultural production in Russia.

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…

Brazil economic momentum will slow in coming quarters

Location:

BRAZIL

The expansion was largely driven by a booming agricultural sector, whose output rose by 21.6%. The services sector, which accounts for around two-thirds of added value in the…

Bolivian economy is healthy but reserves are a concern

Location:

BOLIVIA

Exports last year reached record levels, although imports were almost as high. President Luis Arce's government has had some success in reducing the fiscal deficit, but this too…

Croatia will watch whether euro adoption raises prices

Location:

CROATIA

After implementing its anti-inflationary stabilisation programme in 1993, Croatia recorded stable and modest inflation rates. That changed in 2022, when inflation accelerated…

Mexico’s Pemex will retrench in a bid to survive

Location:

MEXICO

While such losses are enormous, they are far less than then 41.4-billion-dollar loss seen the previous year. Pemex has recorded 17 consecutive quarters of financial losses, with…

Inflation adds to Brazil’s multiple economic woes

Location:

BRAZIL

This is close to the ceiling of the target band of 2.25-5.25% set for this year. In response, the Central Bank last week raised its benchmark interest rate from a record low of…

Belarus polls show systemic limits to reform

Location:

BELARUS

Belarus's managed elections.