AMLO

The Mexican peso experienced a positive trading session on Wednesday, advancing 0.5% against the U.S. dollar by 3:00 p.m. ET as President Andrés Manuel López Obrador (AMLO) clarified in a press conference that Mexico’s diplomatic relationships with the United States and Canada remain intact,...

Mexican financial assets have come under significant selling pressure on Tuesday as investors react negatively to domestic political developments. Concerns are mounting over a judicial reform proposal, which many see as a threat to judicial independence and a potential compromise to justice and...

The Mexican Peso experienced its worst single-day performance in four years following Claudia Sheinbaum‘s victory in the presidential election held on Sunday. As of 08:15 a.m. in New York, the peso had dropped 3.4%, reaching 17.60 per dollar. This marks the sharpest decline since June 11,...

The NBA has eliminated cannabis testing for players and is considering allowing them to invest in NBA and WNBA teams, as well as promote and/or invest in sports betting and cannabis companies. Until now, NBA players have been prohibited from participating in cannabis sponsorships or business...