Author: Mark J

In its year 2025 outlook for Mexico, the IMF says the country’s economy will continue to slow down. The growth rate is projected at 1.3% in 2025, after which the IMF predicts that the Mexican economy will grow by 1.5% in 2024. This forecast puts forward a most unpleasant picture of continued economic adversity for the second-largest economy in Latin America. The analysis follows the IMF’s routine ‘Article IV’ assessment of the Mexican economy and warns that Mexico needs to be prepared for slower global growth. As discussed in the above report, there are limber points which caused the low…

The flow of the Mexican economy is gradually slowing down as President Claudia Sheinbaum aims to advance growth via higher levels of new private investment in the United States. The IMF recently predicted that Mexico would reach only around 1.5% in 2024, from 3.2% in2023 because of certain capacity issues as well as tight monetary policy. To address the identified economic challenges, Sheinbaum has launched a strategic session with representatives of Mexican and American private companies. The event started Monday evening at the Soumaya Museum in Mexico City and seeks to establish a platform for investment and promote new projects…

They are further interested in the impending IPO of Tokyo Metro, which will be a landmark in Japan’s financial markets and will stir investors’ interest. Meanwhile, investors who are looking for some better and more promising markets apart from China are especially interested in the upco. The much-talked-of listing of the capital’s subway operator is set to be one of the big IPOs in Japan this year and is likely to spur market action besides attracting funds from within and outside the country. The decision of Tokyo Metro to underwrite its IPO now is due to global investors starting to…

Following their recent statement that the central banker should adopt a ‘modest’ approach in adjusting the interest rates, Bank of Japan board member Seiji Adachi today explained that the current interest rate increments should be very moderate due to continuing economic volatilities. While briefing the journalists in Tokyo, Adachi prominently underscored that there should be no early hikes in the rate, indicating that the BOJ will retain the easing stance in the incoming policy sessions. Adachi’s statement is made amid the gradually recovering Japanese economy but the factors like the stability of growth and external factors still can be unpredictable.…

Some recent Japanese financial markets have seen a lot of fluctuations in the past weeks due to party political system changes as well as the global market condition. The recent plan to assume Shigeru Ishiba as the LDP and the incoming prime minister has created a chain of movements in the market with different and scrutinized views over his economic plans for particular industries. Japan’s Nikkei Stock Average will tell the story, having delivered some volatile sessions lately in terms of both deep selloffs and strong recoveries. One trading day stood out as especially volatile as the index dropped as…

Newly elected Liberal Democratic Party (LDP) leader Shigeru Ishiba, set to become Japan’s next prime minister, has outlined his economic vision that largely aligns with his predecessor’s policies while emphasizing tax reform and efforts to combat rising prices. In his first press conference since winning the party leadership, Ishiba expressed his intention to “solidify” the economic initiatives of former Prime Minister Fumio Kishida while introducing his own priorities. It also looks at its accommodative monetary policy stance, inflation anxiety, and tax incentives needed to spur the economy, according to Ishiba. The prime minister-designate stated that the Bank of Japan’s current…

The banks… In a nutshell, these changes herald a new direction in the Italian banking industry. New trends in monetary discipline together with constant transformations in Italian banking sector create new conditions for the activity of financial institutions and their consumers. This turning point for the Italian banking sector can be tied back to the ECB’s move to reduce the key interest rates by 25 bps in June. With the view of facilitating economic growth as well as curbing inflation, this shift has significant impacts on Italian banks’ credit dynamics and income statements in the short term. Moreover, the ECB’s…

New economic data and the opinions of experts show that the Italian economy is gradually adapting to these obstacles more effectively than before. Despite the downgrade, Italy holds the third-largest economy in the Eurozone, which makes it a significant benchmark of the overall continental financial condition. While it is still below the recovery phase, the country has maintained a slow but steady growth path since the recovery. According to the latest figures from the Bank of Italy, it is reported that Italian GDP increased further in the second quarter of 2024 with a propeller to the service industry. Thus, one…

Despite the headwinds that have characterised the African continent’s economy in 2024, the country’s tech startups have recorded their highest points of investment they have received to date. This increase in venture capital funding is evidence of the increasing awareness of the African tech space as a passionate, innovative and valuable market. Recent news shared reveal that, technology startups in Africa have been able to garner over $ 5 billion in funding since the beginning of the year, which is a major boost compared to year before. This is invested across different sub-sectors, but emerging as the most popular niches…

In as much as the structure of Africa’s economy has grown over the last decade, it is still being shaped by today’s volatile commodity prices. A continent mainly relying on the exports of natural resources, the economic prospects of the continent have been seen to present mixed fortunes for some countries, and more pressure in others. Within the West African region, Nigeria is the most populous nation and has the largest economy, but despite existing problems in the oil sector, it is experiencing very slow growth. The recent decision to abandon the current distorted value of the country’s foreign exchange…