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Digital Platform Taxes and Recession Fears: The Week in Finance
By Tomás Lujambio - Thu, 08/03/2023 - 10:00
Mexico's digital platform tax is proving effective, with the SAT collecting about US$476 billion through levies. This and more in the weekly roundup.
https://mexicobusiness.news/tag/economic-recession
More Finance & Fintech
Moody’s Presents Outlook for Mexico at “Inside LATAM” Event
By Sofía Hanna - Wed, 09/14/2022 - 17:25
In its new report, the group gave a clear outline of where the country is headed in economic and investment matters.

Global Trade Slows Down: WTO
By Sofía Hanna - Tue, 08/23/2022 - 18:20
Consumers are buying less because of inflation, thus affecting global trade, warns the World Trade Organization.
Digitalization of Personal Finance Now a Reality in Mexico
By Sofía Hanna - Fri, 08/05/2022 - 09:52
Diversification, investments and savings are critical to tackle the uncertainty of the near future, says Jessica Roldan, Chief Economist at FINAMEX.
European Central Bank Dictates New Policy to Reduce Inflation
By Emilio Aristegui - Fri, 07/22/2022 - 08:31
The European Central Bank modified policies to reach the 2 percent inflation target.
Higher Rates Could Lead to Possible Recession
By Sofía Hanna - Tue, 07/12/2022 - 14:03
Given Mexico’s dependence on the US economy, economists fear that if the US enters a recession, Mexico will follow.
Inflation Rates Continue to Rise in the US, Mexico
By Emilio Aristegui - Wed, 06/29/2022 - 14:14
The economic outlook in the Americas is filled with uncertainty.
A US Recession Could Further Impact Mexico’s Economy
By Sofía Hanna - Mon, 06/27/2022 - 16:22
Both economies are at an uncertain point and experts recommend raising interest rates to avoid worse long-term repercussions.
Mexico Strengthens Relationship with Dubai: The Week in Finance
By Emilio Aristegui - Thu, 06/23/2022 - 10:05
The United Arab Emirates announced the opening of the Dubai International Chamber in Mexico. This and more in the week in finance.
Banxico to Increase Interest Rate Again
By Sofía Hanna - Fri, 06/17/2022 - 15:46
The Mexican bank is exploring this possibility after the US Federal Reserve increased its interest rate.