OECD Predicts Tariffs Will Shrink Mexico's Economy: Finance Week

This week in finance news, the OECD warned that escalating trade restrictions pose a threat to North America's economic stability. Meanwhile, Coppel Access has unveiled a rebrand of its remittance service to AccessMás.

This and more, here:

OECD Warns Tariffs Threaten North America’s Economic Stability

The latest OECD Economic Outlook Interim Report warns that escalating trade restrictions threaten North America’s economic stability. The United States’ recent tariff policy is set to slow growth across the region. Canada and Mexico are expected to face severe economic consequences, with Mexico potentially entering a recession in 2025.

Coppel Access Rebrands as AccessMás to Expand Services

AccessMás, a mobile wallet app designed for money transfers to Mexico and financial management in the United States, has rebranded from Coppel Access. The platform aims to better serve Latinos without direct access to banking services in the United States, offering competitive remittance options and flexible account features.

HDI Global Launches Environmental Insurance Solutions in Mexico

HDI Global is introducing a new line of environmental insurance coverage in Mexico to help businesses mitigate risks and ensure operational continuity. The company highlights that these solutions provide comprehensive protection against a range of environmental risks affecting Mexican companies.

Mexican Crypto Investors Diversify Portfolios Beyond Bitcoin

Mexican cryptocurrency investors are increasingly diversifying their portfolios beyond Bitcoin and Ethereum, incorporating stablecoins, memecoins, and other digital assets, according to the third edition of the Latin America Crypto Outlook report by Bitso.

Moody’s Lowers to Negative Mexican Banking Sector Outlook

Moody’s Ratings has changed its outlook on the Mexican banking sector from positive to negative, citing economic slowdown and trade tensions with the United States as key factors. Despite solid fundamentals, the sector faces increasing challenges in 2025.