Simply Economics, from Mexico

Banking Slowdown in Argentina, Banxico Delays Rate Cut

The banking of companies in Argentina experiences a significant slowdown in the first half of 2024. Banxico delays rate cut until September, according to a survey. Join Simply Economics as we explore the implications of these developments on the Argentine economy and Mexico's monetary policy. Gain valuable insights into the current state of banking in Argentina and the future of Mexico's economic performance.Sources:https://www.infobae.com/economia/2024/08/07/por-efecto-de-la-caida-de-la-economia-en-el-primer-semestre-bajo-la-bancarizacion-de-las-empresas/https://www.forbes.com.mx/banxico-retrasara-recorte-de-tasa-hasta-septiembre-preven-analistas/Outline:(00:00:00) Introduction(00:00:37) By effect of the fall of the economy, in the first semester the banking of companies lowered(00:04:11) Banxico will delay rate cut until September, analyzes plan

Fed Faces Pressure to Lower Rates, Exchange Rate Volatility in Mexican Economy

The financial storm presses the Federal Reserve to lower interest rates. The volatility of the exchange rate and its impact on the Mexican economy are topics of utmost importance. Gain insights into the potential consequences of a rate cut by the Fed and the implications of exchange rate volatility in Mexico. Simply Economics provides comprehensive coverage of these crucial economic issues.Sources:https://elpais.com/economia/2024-08-06/la-tormenta-financiera-presiona-a-la-fed-para-bajar-los-tipos-de-interes.htmlhttps://www.imagenradio.com.mx/david-paramo/la-volatilidad-del-tipo-de-cambio-y-su-impacto-en-la-economia-mexicanaOutline:(00:00:00) Introduction(00:00:39) The financial storm presses Fed to lower interest rates(00:02:42) The volatility of the exchange rate and its impact on the Mexican economy

Mexican Peso and Global Markets in Turmoil, US Unemployment Rises

The Mexican peso and global stock markets experience significant turbulence as concerns over the US economy grow. The peso falls to its lowest level since June due to weak US labor market data. Global stock markets plummet as investors seek the safety of bonds. Simply Economics provides in-depth analysis of the impact on Mexico's economy and global markets. Gain valuable insights into the potential consequences of these developments and their implications for investments and trade relations.Sources:https://www.jornada.com.mx/noticia/2024/08/02/economia/peso-mexicano-supera-barrera-de-19-unidades-frente-al-dolar-3004https://www.elfinanciero.com.mx/bloomberg/2024/08/05/turbulencias-financieras-en-el-mundo-peso-en-caida-libre-y-aumento-del-desempleo-en-eu/Outline:(00:00:00) Introduction(00:00:40) Mexican peso exceeds 19 units in front of the dollar(00:03:27) Financial turbulence in the world: weight in free fall and increased unemployment in the US

Record Tax Revenue in Spain, Economic Boom in Southern Tamaulipas

The Spanish economy experiences a significant boost in tax revenue, reaching a record high. The southern region of Tamaulipas in Mexico is poised for an economic recovery with new investments. Join Simply Economics as we analyze the implications of Spain's record-breaking revenue and explore the potential of Tamaulipas for sustained economic growth.Sources:https://www.infobae.com/espana/agencias/2024/08/03/temas-del-dia-de-efe-economia-del-domingo-4-de-agosto-de-2024/https://www.elsoldetampico.com.mx/finanzas/economia-del-sur-de-tamaulipas-en-auge-con-llegada-de-inversiones-comerciales-y-petroleras-12343820.htmlOutline:(00:00:00) Introduction(00:00:37) EFE DAY TOPHY(00:03:22) Economics of southern Tamaulipas booming with the arrival of commercial and oil investments

New Secretary of Economy in Coahuila, Mexican Students Excel in Olympiad

Trust Ponclova's private initiative in the new Secretary of Economics. Mexican students win medals in International Olympiad of Economics and Finance. Gain insights into the economic development in Coahuila and the success of young economists in Mexico. Simply Economics provides comprehensive coverage of these stories and their impact on the region and the country's future.Sources:https://www.elsiglodetorreon.com.mx/noticia/2024/confia-iniciativa-privada-de-monclova-en-nuevo-secretario-de-economia.htmlhttps://www.eluniversal.com.mx/nacion/estudiantes-mexicanos-ganan-medallas-en-olimpiada-internacional-de-economia-y-finanzas/Outline:(00:00:00) Introduction(00:00:43) Trust Ponclova's private initiative in the new Secretary of Economics(00:02:43) Mexican students win medals in International Olympiad of Economics and Finance

Back-to-School Expenses and Mexican Students’ Success in Economics Olympiad

The return to classes brings a critical moment for families' economy. Mexican students shine at the International Economics and Finance Olympiad. Join Simply Economics as we explore the financial burden of back-to-school expenses and provide practical tips for families. Plus, celebrate the achievements of Mexican students in the prestigious competition and their potential impact on Mexico's economy.Sources:https://www.meganoticias.mx/los-mochis/noticia/regreso-a-clases-momento-critico-para-la-economia-de-familias/538900https://www.eluniversal.com.mx/nacion/estudiantes-mexicanos-ganan-medallas-en-olimpiada-internacional-de-economia-y-finanzas/Outline:(00:00:00) Introduction(00:00:39) Return to classes: critical moment for the economy of families(00:03:12) Mexican students win medals in International Olympiad of Economics and Finance

Mexico’s Economy: Modest Growth and Rising Debt

Mexican economy grows 0.2% for second quarter of the year, while public debt reaches new highs. Gain insights into the factors driving Mexico's economic growth and the challenges it faces. Explore the implications of rising debt on the country's future and the government's response. Simply Economics provides comprehensive coverage of Mexico's economic landscape and its impact on various sectors.Sources:https://hablemosdedinero.com.mx/nota/economia-mexicana-crece-02-durante-segundo-trimestre-del-anohttps://www.infobae.com/mexico/2024/07/30/hacienda-revela-que-subio-la-deuda-publica-de-mexico-en-2024-esta-es-la-cantidad-que-debe-el-gobierno/Outline:(00:00:00) Introduction(00:00:41) Mexican economy grows 0.2% for second quarter of the year(00:03:06) Finance reveals that Mexico's public debt rose in 2024, this is the amount owed by the government

Mexican Economy Resilient Despite Global Challenges, Slows to 0.2% Growth

Despite a challenging global environment, the Mexican economy shows resilience with 0.2% GDP growth in the second quarter. However, this represents a significant slowdown. Join Simply Economics as we delve into the factors behind this deceleration and its implications for Mexico. Gain valuable insights into the affected sectors and potential solutions to stimulate growth.Sources:https://revistafortuna.com.mx/?p=117068https://www.reporteindigo.com/indigonomics/economia-mexicana-se-desacelera-pib-crece-apenas-02-en-2t24/Outline:(00:00:00) Introduction(00:00:45) Internal market and more manufacturing with the US, generates resilience in economics to adverse external environment(00:03:41) Mexican economy slows down; GDP grows just 0.2% in 2t24

Spanish Economy Continues to Thrive, Egypt Receives IMF Funds

The Spanish economy grew 0.8% in the second quarter, showcasing remarkable strength amidst European challenges. Egypt receives $820 million from the IMF after improving its economy. Gain valuable insights into Spain's economic resilience and Egypt's progress, and explore the implications for the global economic landscape. Simply Economics provides comprehensive coverage of these economic developments and their impact on Spain, Egypt, and the broader international context.Sources:https://elpais.com/economia/2024-07-30/la-economia-espanola-crecio-un-08-en-el-segundo-trimestre.htmlhttps://www.infobae.com/espana/agencias/2024/07/30/egipto-recibe-820-millones-de-dolares-de-prestamo-del-fmi-tras-mejorar-en-su-economia/Outline:(00:00:00) Introduction(00:00:41) The Spanish economy grew 0.8% in the second quarter(00:03:25) Egypt receives 820 million dollars from the IMF after improving in its economy

Tax Evasion’s Impact on SMEs, Spain’s Resilient Economy

Fiscal evasion and punishment for SMEs. The economic pulse of Spain: moderate optimism in a complex scenario. Gain insights into the negative impact of tax evasion on small businesses and the need for fair taxation policies. Explore Spain's unexpected strength and resilience in the midst of global economic turbulence. Simply Economics provides comprehensive coverage of these economic issues and their implications for SMEs and the Spanish economy.Sources:https://elpais.com/economia/2024-07-29/evasion-fiscal-y-castigo-a-las-pymes.htmlhttps://cincodias.elpais.com/economia/2024-07-29/el-pulso-economico-de-espana-optimismo-moderado-en-un-escenario-complejo.htmlOutline:(00:00:00) Introduction(00:00:36) Fiscal evasion and punishment for SMEs(00:03:38) The economic pulse of Spain: moderate optimism in a complex scenario