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
Tag: European Central Bank (ECB)| International Banker
After SUVs rose to dominate the automotive world, luxury SUVs presided over luxury sedans on the popularity index. The Cadillac Escalade-V and the Mercedes-Maybach GLS 600 exemplify opulence on wheels and testify to their manufacturers’ superiority in the luxury-car market. However, their unique attributes will appeal to different buyers.| International Banker
Tag: Artificial intelligence (AI)| International Banker
Tag: Financial Conduct Authority (FCA)| International Banker
Tag: Federal Reserve (the Fed)| International Banker
Bassirou Diomaye Faye’s story of advancing from prison to presidency in less than a month is inspiring, but will Senegal’s new president’s left-wing Pan-Africanism ideologies succeed in inspiring the country’s population and economy to new heights? Fortunately, he has much to build on, starting with a sound economy and rich natural resources.| 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
Vietnam’s reputation as a financial-technology centre is growing, with financial-services heavyweights in other countries partnering with Vietnamese fintechs to chart new growth areas. While investments have slackened in recent months, the government and central bank are committed to transforming Vietnam into Southeast Asia’s fintech hub.| International Banker