Inegi and Banxico have women at the helm, the benchmark interest rate rises 50 points, Mexico supports Peru and other economic stories

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This list features some of the most interesting Spanish-language economics stories of the week, which influenced public discussion or the thematic agenda during the last seven days.

The Bank of Mexico (Banxico) surprises after unexpectedly raising the reference interest rate by 50 points, until reaching a target annual rate of 5.5%.

In addition, it updated its forecast on inflation upwards, noting that it will close 2021 at 7.1%. See the full statement here.

Right-wing populist leaders from Turkey, Hungary and Brazil face problems generated by global price increases ahead of national elections.

The Organization for Economic Cooperation and Development (OECD) already identifies it as the main risk for the global economic outlook.

The Mexican government turns its regional strategy around with a mission of economic support to the Peruvian government. The delegation presented Pedro Castillo with some of the federal government’s social programs, along with various other economic proposals in support of the South American country’s economy.

President Andrés Manuel López Obrador (AMLO), like the Canadian government, is exploring resorting to an international panel for the tax incentives that the United States gives to electric vehicle manufacturers.

The United States, in turn, asks Mexico and Canada to join forces to limit imports from China.

The current vice president of the Governing Board of the national statistics office, Graciela Márquez Collín, is proposed as the first woman to preside over the institution. What is your plan?

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