Brendan O’Boyle

1 week ago | kfgo.com | Brendan O’Boyle

By Brendan O’BoyleMEXICO CITY (Reuters) -The Bank of Mexico slashed its growth forecasts for Mexico’s economy this year and next year, citing “sluggish” domestic activity and uncertainty related to U.S. trade policy, according to its quarterly report published on Wednesday. The central bank estimated that Mexico’s gross domestic product will grow 0.1% this year, far below its February estimate of 0.6%.

1 week ago | mining.com | Brendan O’Boyle

Chile’s state copper commission Cochilco raised its average copper price forecast for 2025 to $4.30 per pound, citing an improved global outlook following a tariff agreement between the US and China, mining minister Aurora Williams said on Wednesday. The commission also increased its average price projection for 2026 to $4.30 per pound. Both estimates were previously $4.25 in its February report.

2 weeks ago | energiesnet.com | Kemol King |Brendan O’Boyle |Diane Craft

Guyana lawmakers pass bill making companies liable for oil spill damagesReporting by Kemol King, Reuters GEORGETOWN EnergiesNet.com 05 19 2025 Guyana’s parliament passed an oil pollution bill late on Friday that holds parties liable for damages caused by oil spills, including from vessels. The bill, which passed with a majority of votes cast in a simple voice vote, is expected to soon be signed into law by President Irfaan Ali.

3 weeks ago | kfgo.com | Brendan O’Boyle

By Brendan O’BoyleMEXICO CITY (Reuters) -The Bank of Mexico lowered its benchmark interest rate by 50 basis points for the third consecutive meeting on Thursday, as inflation remains within the bank’s target range but uncertainty persists around trade tensions and a weak economy. The unanimous decision by the bank’s governing board, which was expected by analysts polled by Reuters, brings Mexico’s benchmark rate to 8.50%, the lowest since August 2022.

3 weeks ago | kelo.com | Brendan O’Boyle

By Brendan O’BoyleMEXICO CITY (Reuters) -The Bank of Mexico lowered its benchmark interest rate by 50 basis points for the third consecutive meeting on Thursday, as inflation remains within the bank’s target range but uncertainty persists around trade tensions and a weak economy. The unanimous decision by the bank’s governing board, which was expected by analysts polled by Reuters, brings Mexico’s benchmark rate to 8.50%, the lowest since August 2022.