Mexico City. The so-called ‘Great and Beautiful Law’ will unleash the full potential of the U.S. economy, strengthen essential programs for those who need them most, and save […]
Closing Value of the Dollar in Guatemala on July 3, USD to GTQ
In the latest session, the U.S. dollar closed at an average of 7.68 Guatemalan quetzales, representing a 2.11% change compared to the previous day’s rate of 7.52 quetzales. […]
Symbolic Rather Than Economic, US Tax on Remittances: CUCEA Academics
Guadalajara, Jalisco. The new 1% tax on remittances proposed by U.S. President Donald Trump will primarily affect migrants from countries such as India and Mexico, according to experts. […]
U.S. Trade Deficit Surges in May Amid Export Decline
Reuters reported that the U.S. trade deficit surged sharply in May due to a decline in exports, although falling imports suggest that trade could still lead a projected […]
U.S. Economy Adds 147,000 Jobs in June, Better Than Expected
The U.S. economy added 147,000 new jobs in June, while the unemployment rate remained largely unchanged at 4.1 percent, slightly down from 4.2 percent in May, according to […]
Egyptian Minister of Social Solidarity Meets with Alexandria Businessmen Association
Egyptian Minister of Social Solidarity Dr. Maya Morsi met with Mohamed Hano, chairman of the Alexandria Businessmen Association, at the Ministry of Social Solidarity headquarters in New Alamein […]
IMF Postpones Disbursement of Fifth Loan Tranche to Egypt
The International Monetary Fund (IMF) has postponed the disbursement of Egypt’s fifth loan tranche, amounting to $1.2 billion, until the end of 2025. This delay comes amid disagreements […]
IMF Acknowledges Egypt’s Economic Progress With Reform Recommendations
International Monetary Fund (IMF) spokesperson Julie Kozak confirmed Egypt’s progress in its macroeconomic program while recommending deeper reforms including reduced state ownership. During her regular press briefing, Kozak […]
Egyptian Economic Analyst Discusses IMF Program Review Delay
Economist Hani Ginnena emphasized that the International Monetary Fund’s decision to merge Egypt’s fifth and sixth program reviews will not negatively impact the Egyptian economy. He noted that […]
Concerns Grow Over Integrity of U.S. Economic Data Collection
U.S. policymakers are expressing growing concerns about the reliability of key economic data that informs Federal Reserve decisions on interest rates and economic policy. Several factors are contributing […]