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...The fervour is yet to transform the country’s stable but long-disappointing growth, though. Foreign direct investment is robust but below records as a percentage of gross domestic products....
...In turn, President Joe Biden has leaned heavily on Mexico to step up efforts to curb the record numbers of people crossing the 2,000-mile-long border with the US....
...Like many Latin American countries, Mexico and Ecuador hold long-standing principles of non-intervention in other countries’ domestic affairs....
...Our main item is from the FT’s Mexico and Central America correspondent Christine Murray, who investigates the energy challenges facing Mexico’s next president....
...Moody’s in February cast doubt on how long the government’s support would continue....
...The Mexican president, like several other leftwing Latin American leaders, has remained loyal to Ecuador’s long-ruling former president Rafael Correa....
...“Everything approved by legislators in that long and nefarious period was characterised by a desire for profit and a contempt for the majorities,” he said....
...Christine Lagarde, president of the European Central Bank, has poured cold water on US-backed proposals to use more than €260bn of frozen Russian assets to finance Ukraine’s war effort, warning they risked...
...Their counterparts in advanced economies, meanwhile, were criticised for holding on for too long to the notion that the burst of inflation that followed the initial stages of the pandemic would prove shortlived...
...The urgency of bringing forward extra cash has been heightened by a months-long stalemate in the US Congress over the aid package for Ukraine....
...Christine Murray So the foreign direct investment data is up....
...During a fraught, months-long transition from the previous government, Guatemala’s president-elect received one very visible sign of support: indigenous groups camped in tents outside the public prosecutor...
...It will take more than “the next couple of quarters” for the European Central Bank to start cutting interest rates, its president Christine Lagarde has said....
...Lawyers work hard for their clients, pull long hours and get paid handsomely to do so. So I asked Christine, isn’t people-pleasing just part of her job?...
...Ulloa said an IMF deal was important and that the government was ready to sign one, but stressed bitcoin would deliver long-term benefits as consumers shift to digital currencies....
...Christine Lagarde said in a speech in Frankfurt on Friday that “creating a European SEC” to replace the patchwork of national markets watchdogs would help to raise the huge sums needed to tackle the triple...
...“The discussions are probably going to be long and heated.” christine.murray@ft.com...
...In an exclusive interview, Mongolia’s prime minister told the FT he was no longer certain construction will start this year on Russia’s long-planned mega-pipeline from its western gasfields to China....
...The regulator is now trying to promote long-term contracts, cut out intermediaries — known as “coyotes” — and working to prevent growers abandoning their crop, or even worse outcomes....
...If more shipowners avoid the Suez Canal and take the long route around Africa’s Cape of Good Hope for journeys between the same cities, this could add an additional six days to their journey....
...The owners of the long faces you show — Jay Powell, Andrew Bailey and Christine Lagarde — should do their homework (“Central banks rethink forecasting after failures”, Report, December 29)....
...ECB president Christine Lagarde pushed back against market expectations for it to cut rates as early as March, saying “we should absolutely not lower our guard” against inflationary pressures....
...With issuers and their advisers unsure how long the rally will last, many countries want to get their deals away early....
...Events: European Central Bank president Christine Lagarde gives an opening address at the ECB and Its Watchers conference in Frankfurt, a week after the bank announced plans to lend more to commercial banks...
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