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...The Bank of Mexico on Thursday cut interest rates for the first time in this cycle, making it the latest major Latin American central bank to begin lowering borrowing costs....
...China has a clear cost advantage in batteries and other EV technology. This dip in sales could be temporary, and will ease as new models enter the market and costs fall....
...Banxico is one of the last major central banks in Latin America to begin its rate cutting cycle, after Brazil, Chile and Colombia all began easing monetary policy last year....
...Data this week showed a continued fall in small businesses’ hiring intentions — a solid predictor of wage growth and jobless claims....
...Central government will still play a vital role in developing the overarching national strategies and infrastructure....
...Not only did the CHP retain the mayorships of Turkey’s key cities — Istanbul and Ankara — it won in towns and cities across Anatolia, the AKP’s heartland....
...Proposals need to balance the need to raise money with protecting the UK’s competitiveness — which has been bruised recently. Brexit has already taken some of the shine off the City of London....
...Sorrell said S4 performance’s was likely to improve in the second half of this year, as central banks begin to ease monetary policy....
...Coming from the city centre (the park is 1.7km from the central square, Puerta del Sol), you might enter from the west side through Puerta de Felipe IV, across the road from what remains of the Buen Retiro...
...Flexing building use can help revamp cities, cushion price falls and reduce the risk of stranded assets. By avoiding the destruction of entire structures, it is environmentally friendly too....
...The three parties in Scholz’s coalition — the Social Democrats (SPD), Greens, and Free Democrats (FDP) — have seen their combined share of the vote fall from over 50 per cent at the end of 2021, to less...
...On Sunday, crowds wearing pink — the colour of INE’s logo — and waving national flags marched through Mexico City and other cities to reject the president’s vision....
...Investors will be looking for clues on when interest rates might start to fall in speeches from Bank of England governor Andrew Bailey, European Central Bank chief economist Philip Lane, and US Federal Reserve...
...“The city of Hamburg can now assert its right of repurchase, which is secured by the purchase agreement, as well as the assumption of all planning and construction contracts,” said city development senator...
...And the target’s board can accept an early offer in the knowledge that they can switch to a more attractive one if it emerges, as demonstrated by Wincanton and Spirent....
...But service inflation has remained higher than expected, and Jonathan Heath, a member of the central bank’s board, cautioned the market should not necessarily expect another cut in May....
...He played a vital role in cleaning up crime-ridden Central Park after the rape of a jogger in 1989....
...It follows a similar statement from the European Central Bank....
...The European Central Bank may be grappling with two types of inflation: that of prices — and also, allegedly, of job titles....
...Moscow attack: Why did Russian intelligence dismiss US warnings of a terror threat before the March 22 attack on Crocus City Hall concert venue?...
...Mexico’s central bank has held interest rates for its fifth consecutive monetary policy meeting, saying that headline and core inflation were decreasing but still “high”....
...However, the number of business registrations increased 0.1 per cent from the previous three-month period, marking the fourth consecutive quarterly increase....
...But there remained a risk that labour disputes in the auto sector could “snowball” and draw the attention of the central government in Beijing....
...Pablo Hernández de Cos, Spain’s central bank governor and ECB council member, responded to the latest fall in eurozone inflation by saying “the central scenario is that June could be the first interest rate...
...Isabel Schnabel, ECB executive board member, told the Financial Times this month that lower borrowing costs and increased lending could cause inflation to “flare up again”....
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