Tag "mexico"

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Know the Risks and ‘See’ the Future with the Integrity and Transparency of Moody’s Local

The Moody’s name and brand is internationally famous — and the agency’s Latin American platform brings local knowledge to the fore. Latin American domestic credit ratings and research agency Moody’s Local serves the needs of financial markets in Argentina, Bolivia,

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Rich Pickings for Carlos Slim, a Financial Prodigy who Started Young — and Kept on Going

Wealth and status mean little to the founder of Grupo Carso who allows himself the occasional indulgence of a fine cigar… By TONY LENNOX Depending on the state of the world’s stock markets and which wealth-list you consult, Carlos Slim

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Global Imbalances and the Pandemic

The International Monetary Fund’s tenth annual External Sector Report (ESR, August 2021) shows how current account deficits in the global economy widened in 2020 during the pandemic. On the other hand, the ESR also argues that overall, the misalignment between

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Rescue by Helicopter Reserves

The world woke up on Monday 23 with higher international reserves for all countries. A new allocation of US$650 billion (SDR450 billion) in Special Drawing Rights (SDRs) by the International Monetary Fund (IMF) to its member countries has entered into

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Don’t Expect Miracles from the Multilaterals

by Otaviano Canuto Latin American and Caribbean economies need help, but organisations such as the IDB are also stretched thin. With Latin America and the Caribbean potentially facing years of difficulties due to the pandemic and related economic crises, attention

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Traxion: Mexican Logistics and Transport Titan that United a Fragmented Industry

Since its foundation in 2011, Traxion has evolved to become the largest and most important mobility and logistics enterprise in Mexico. It was created with three main pillars in mind: diversification, discipline, and innovation. The idea was to consolidate a

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Aby Lijtszain: Founded First Company at Age of 20 — and Hasn’t Looked Back

Leading Mexican ground transport company Traxion offers a one-stop solution for cargo and logistics as well as contracted personnel and student transportation services. Through these two complementary operating segments, it provides domestic and international transportation in a highly fragmented market.

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Business in Times of Corona: World Bank and IMF Ready to Assist Low- and Middle-Income Countries

As concerns grow over the impact of the pandemic on less resilient economies, multilaterals such as the World Bank Group (WBG) and the International Monetary Fund (IMF) are readying and deploying emergency response packages. Earlier this week, Kenya received a

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Andrés Manuel López Obrador: The Remaking of Mexico

Mexico’s new president, Andrés Manuel López Obrador, seems to have given up on his promise to bring corrupt officials to justice, saying his administration doesn’t have enough prison space for all of them. Andrés Manuel López Obrador – AMLO for

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Preference Pass: Sunny Travel Savings Franchise

Avid world travelers may have experienced the hopelessness of arriving in a foreign land with little information and knowledge. At best the wary traveler ends up paying a premium for sub-par goods and services. By the time the ins and

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