In February 2026, Mexico’s trade balance fell to a $463 million deficit, reversing the $1.65 billion surplus from the previous year and exceeding analysts’ projections of a $1.2 billion surplus. A significant rise in imports, which reflected increased domestic demand and a recovery in industrial activity, was a major factor in the unanticipated decline. In
Three entities within the prudential conglomerate of Entrepay were ordered into extrajudicial liquidation by Brazil’s Central Bank on Friday: Octa Sociedade de Crédito Direto SA, Acqio Adquiración Instituição de Pagamento SA, and Entrepay Instituição de Pagamento SA. The regulator said in a statement that the decision was driven by the weakened financial and economic condition
Four weeks ago, the United States and Israel launched a war they expected to win quickly. They have destroyed most of Iran’s military, eliminated its supreme leader and struck its nuclear facilities. Yet, four weeks on, the conflict they framed as military containment has evolved into a global economic crisis, with energy prices and inflation
The cost to repair and restore damaged energy infrastructure in the Middle East could climb to at least $25 billion, according to initial estimates from Rystad Energy, which expects the figure to rise further based on its assessment of impacted facilities. “Spending is likely to be driven primarily by engineering and construction, followed by equipment
The Iran war has been a brutal education in what happens when a geopolitical risk that everyone acknowledged but nobody fully priced suddenly materialises. Global GDP growth forecasts for 2026 have already been revised down by 0.7 percentage points, while Brent crude has surged past $100 a barrel—its highest in decades. Inflation expectations are rising
US President Donald Trump and China’s President Xi Jinping are all set to meet in May this year. The high-profile meeting is enough to move markets, reset expectations and revive the idea that the world’s two biggest economies were still trying to find a stable bargain. But in 2026, that assumption looks far harder to
On Tuesday, Bitcoin saw a pullback while crypto-related stocks saw a decline. Arm announced a move to in-house AI chip production while Jamie Dimon warned about AI-driven job losses in the US. Bitcoin slips amid risk-off sentiment Bitcoin drifted lower on Tuesday, slipping back toward the $69,000 level as broader weakness in equities spilled over
European markets ended higher after a volatile session on Tuesday, as investors navigated geopolitical tensions, shifting rate expectations, and a flurry of corporate developments across sectors. While equities showed resilience, weak economic data and rising uncertainty continued to cloud the broader outlook. European stocks edge higher amid geopolitical volatility European shares settled higher after a
Most coverage of the Iran war focuses on missiles, military targets, and body counts. Yet the more relevant question—one that few are asking properly—is this: how does a country with 48% inflation, a currency that has lost 99% of its value in a decade, and daily rolling blackouts still manage to keep a war running?
Three weeks of relentless US and Israeli airstrikes have gutted Iran’s military. Its supreme leader is dead, its air force crippled, and its navy largely destroyed. Yet Tehran’s defiance shows no sign of fading. Over the weekend, Iranian forces fired a volley of missiles toward Israel, striking near a nuclear research site and threatening to