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Insights
25-Mar-19 Mexico's foreign direct investment in tourism plummeted by 50% in 2018, to USD798.5 mn. Mexico also dropped from sixth to seventh place in arrival of foreign visitors due to the recovery of Turkey. [image: Tourism Review]
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Insights
08-Jan-19 The market for cross-border person-to-person remittances was worth USD689 bn in 2018, more than Saudi Arabia's GDP. It is experiencing double-digit growth as people migrate in search of economic opportunities or to escape political upheaval in their home country. [image: The World Bank / PaymentsSource]
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Insights
08-Jan-19 With growing emphasis on telecommunications, Chinese investment is increasingly the primary fuel behind Latin America’s tech boom. Beijing wants deals with countries that are resource-rich and have growing consumer demand, such as Colombia, Mexico, Argentina, Chile, Peru and Brazil. [image: Nelson Ching / Bloomberg]
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Insights
Jan-19 The recovery in emerging market and developing economies has stalled. India is a bright spot where strengthening investment and robust consumption will drive 7.3 percent GDP growth. East Asia remains a fast-growing region but growth will moderate to 6 percent in 2019 as global demand slows and financial conditions tighten. Brazil is forecast to lead Latin America with 2.2 percent growth. And in MENA, while GCC oil exporters accelerate to 2.6 percent growth they will be outstripped by Egypt at 5.6 percent thanks to reforms. [image: World Bank]
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Insights
17-Dec-18 Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as Qatar expands after leaving OPEC. Global oil majors are attracted to the Mexican side of the Gulf as new blocks are opened for development. [image: Chris Ratcliffe / Bloomberg]
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