Stellantis Expands American Manufacturing Thanks to Trump's Tariff Exemption
The automotive manufacturer Stellantis, formed from the merger of Fiat Chrysler and PSA Group, has announced its intentions to increase production in the United States. Ben Sellitti, head of Stellantis North America, emphasized that the exemption from tariffs implemented under the previous Trump administration played a key role in this decision.
Continue reading
BlackRock Acquires Strategic Ports in the Panama Canal
BlackRock, one of the largest investment management companies in the world, is making a strategic move by purchasing several ports located in the Panama Canal. This deal highlights the growing interest of leading financial institutions in key infrastructure assets that have significant potential for growth and profitability.
Continue reading
Texas Law Protects Mini Trucks: New Rules for Vehicle Owners
In recent days, a significant event has transpired in Texas concerning the automotive industry and regulatory legislation. A legislative initiative aimed at protecting mini trucks has been signed into law by Texas Governor Greg Abbott. This law, known as the "Small Truck Law," will provide owners of such vehicles with greater freedoms in their usage and reduce the legal restrictions they face on the state’s roads.
Continue reading
US Economic Support for Ukraine: Investment Deal on the Table
The recent statement by US Treasury Secretary Janet Yellen regarding the willingness to provide significant economic investments to Ukraine marks an important milestone in the relations between the two countries. In a meeting with Ukrainian President Volodymyr Zelensky in Washington, Yellen discussed the potential for creating an investment fund that could attract both private and public funds to aid in the recovery of Ukraine's economy post-crisis.
Continue reading
US Labor Market Update: Job Growth Shows Strength in December 2024
According to the latest report from the U.S. Department of Labor, the economy added 250,000 jobs in December 2024, exceeding analysts' expectations of a 200,000 increase. This marks a continuation of a stable trend observed over the past several months, providing hope for further improvement in the economic situation.
Continue reading
Trump's Proposed Tariffs on Mexico, Canada, and China May Increase Inflation, Warns Goldman Sachs
In a recent report, Goldman Sachs' expert team warns of the potential negative consequences of implementing new tariffs on imports from Mexico, Canada, and China that were proposed by former US President Donald Trump. It is expected that the proposed measures will significantly impact the economy, particularly the inflation rate in the country.
Continue reading
Economic Analysis: Expectations on the Impact of Trump's Tax Cuts and Deregulation on Economic Growth
Economists from Goldman Sachs have presented their analysis of the effects of tax reforms and deregulation proposed by the Trump administration on the economic growth of the United States. In their report, they determined that these measures indeed led to an increase in GDP growth rates, but there are also negative aspects related to tariffs that could hinder economic development.
Continue reading
Norway Keeps Interest Rate Steady, Signaling Cuts Aren't Likely Until 2025
The Central Bank of Norway has decided to maintain its interest rate at 4.25%, announcing that any plans for cuts are not likely to materialize until 2025. This decision is driven by a desire to support economic stability in the country amid various market influences, including rising inflation and changing work conditions.
Continue reading
The Federal Reserve Updates Its Rate Forecast: Key Takeaways from the New Dot Plot
The U.S. Federal Reserve has released a new dot plot, which serves as a significant indicator in forecasting future monetary policy decisions of the central bank. This update, made during the latest meeting of the Open Market Committee, includes revised expectations from Fed officials regarding future changes in interest rates. Attention is focused on how central bankers view the economic situation in the country and what measures they are prepared to take to stabilize it.
Continue reading
Colombian government initiates significant changes in the central bank
Colombia is set to undergo major changes in the management structure of its central bank as part of the new government's strategic plan. President Gustavo Petro aims to move away from outdated approaches that he believes are failing to address the current economic development challenges in the country.
Continue reading