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...“This is a fight between two egos,” Ramírez said. “The ‘blink’ should have happened earlier, now it’s too late.” christine.murray@ft.com...
...Fitch cut its rating on the bonds to BB+ from BBB- just five weeks before voters will choose a new president....
...A New York jury has convicted former Honduran President Juan Orlando Hernández on multiple drug trafficking charges after a two-week trial in which he was alleged to have used his office to help move tonnes...
...The Supreme Court on Tuesday allowed Texas to enact a law that would give the state power to detain and possibly deport migrants, in a decision a White House spokesperson said would sow “chaos and confusion...
...Christine Lagarde is performing poorly or very poorly as president of the European Central Bank, according to most respondents in a union survey of its staff that suggests internal dissent has surged in...
...Brazil’s central bank on Wednesday cut rates for the sixth time in a row to 10.75 per cent, while also cautioning that several measures of underlying inflation remained above target....
...The company said it earned 106.9 billion pesos ($6.3bn) in net profit between October and December, compared to a loss of 95.6 billion pesos a year earlier....
...Hernández left office with a complex legacy. He won a second term in 2017 after a controversial court decision that allowed him to run for re-election, leading to large-scale, deadly protests....
...The hawkish comments come a day after what Bank of America credit strategist Yuri Seliger described as a “clearly dovish” set of announcements from the US Federal Reserve....
...Christine Lagarde has said the European Central Bank will be unable to commit to a particular path of interest rate cuts once it starts to ease monetary policy, despite signs that wage growth has peaked...
...He claimed victory on Sunday evening in a post on X and said the result was “the record in all the world’s democratic history”....
...christine.murray@ft.com...
...A set of about 20 changes proposed on Monday include plans for a directly elected supreme court and a smaller legislature....
...The proposed changes to the constitution include creating a directly elected supreme court and shrinking the size of congress....
...Hundreds of thousands of Mexicans joined protests on Sunday against a radical overhaul of institutions driven by populist President Andrés Manuel López Obrador, calling it a threat to democracy....
...“We spent more than 40 years building a democratic ladder,” Lorenzo Córdova, former head of INE, said in a speech in Mexico City’s main square....
...[Telecoms is] a business you have to invest a lot in,” he said....
...Christine Crossley Chipping Norton, Oxfordshire, UK...
...He was sentenced last year to 10 years in prison for money laundering in a case that found public funds had been used to buy a media conglomerate and give him a majority stake....
...[is] going to be a lot more difficult.”...
...The Bank of Mexico’s five-member board voted unanimously to hold the benchmark interest rate steady at a record high of 11.25 per cent, warning that the inflation outlook was still “challenging”....
...“There have been a lot of changes,” said Julio César Chávez, 59, from the capital’s Iztapalapa district who works two jobs as a security guard and a handyman....
...Now the race for the presidency is wide open, as the country faces a slowdown after years as one of the most successful Latin American economies....
...Christine Lagarde said in a speech in Frankfurt on Friday that “creating a European SEC” to replace the patchwork of national watchdogs would help to raise the massive sums needed to tackle the triple challenges...
...Christine Murray So there are a lot of drags on this phenomenon. The current Mexican government has earned a reputation in the private sector for being hostile to business....
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