Mexican security agencies warn of cartel revenues near $40 billion as financial networks draw focus
Estimates from security agencies and research groups suggest that major Mexican cartels generate more than $40 billion each year through a wide range of...
Citi agrees to sell 24% of Banamex to investors including General Atlantic and Blackstone funds
Citigroup has agreed to sell another large stake in its Mexican banking unit, Banamex. The move is part of Citi’s plan to fully separate...
EU oil blockade proposal stalls after US and G7 decline support
The Russia-Ukraine war has revealed fresh divisions within Western powers. A new dispute has emerged after the European Union failed to secure support from...
Supreme Court setback pushes Trump to activate 1974 trade law for new global tariffs
US President Donald Trump has imposed new global tariffs after the Supreme Court struck down an earlier set of import taxes. To replace them,...
Supreme Court ruling leads Trump administration to raise import tariffs amid refund claims
The United States has increased its global import tariff to 15 percent, marking a significant escalation in an ongoing trade policy dispute. The decision...