Search results
Results from the WOW.Com Content Network
USD/MXN exchange rate Mexico inflation rate 1970-2022. The Mexican peso crisis was a currency crisis sparked by the Mexican government's sudden devaluation of the peso against the U.S. dollar in December 1994, which became one of the first international financial crises ignited by capital flight.
The economy of Mexico is a developing mixed-market economy. [21] It is the 13th largest in the world in nominal GDP terms and by purchasing power parity as of 2024. [4] Since the 1994 crisis, administrations have improved the country's macroeconomic fundamentals.
Post-communism is the period of political and economic transformation or transition in post-Soviet states and other formerly communist states located in Central-Eastern Europe and parts of Latin America, Africa, and Asia, in which new governments aimed to create free market-oriented capitalist economies.
Economic collapse, also called economic meltdown, is any of a broad range of poor economic conditions, ranging from a severe, prolonged depression with high bankruptcy rates and high unemployment (such as the Great Depression of the 1930s), to a breakdown in normal commerce caused by hyperinflation (such as in Weimar Germany in the 1920s), or even an economically caused sharp rise in the death ...
Analysts said the tariffs imposed by Mexico's biggest trade partner would deal a heavy blow to Latin America's second-largest economy. The United States bought more than 80% of Mexico's exports ...
Post-capitalism is in part a hypothetical state in which the economic systems of the world can no longer be described as forms of capitalism. Various individuals and political ideologies have speculated on what would define such a world.
Warnings were issued well before a campaign event about high winds that caused a deadly Mexico stage collapse this week, raising questions about why those alerts went unheeded. Organizers didn’t ...
Security forces stand around a stage that collapsed due to a gust of wind during an event attended by presidential candidate Jorge Álvarez Máynez in San Pedro Garza García, on May 22, 2024.