Latin American economies have not had much to celebrate in 2023, except for Mexico’s, which has shined with positive growth rates and lower-than-expected inflation. The outlook for Mexico is not completely rosy, and much will depend on internal and external factors, such as the fate of its large neighbour and trading partner to the north.| International Banker
France’s budget deficit has raised alarm bells with the EU and credit-rating agencies, prompting S&P Global Ratings to lower its long-term sovereign credit rating. While some indicators suggest France is on a positive economic footing, others indicate a further rise in sovereign debt, with political instability compounding the predicament.| International Banker