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03.07.25 - 17:48
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Trump pressure pushes BYD out of Mexico (IntelliNews)
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China's electric vehicle (EV) giant BYD has shelved plans to build a major manufacturing plant in Mexico, citing geopolitical volatility and the current trade stance of the United States under President Donald Trump....
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03.07.25 - 16:48
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Cartel Money Crackdown Has Mexican Banks Reeling From Sanctions (Bloomberg)
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Top bank executives gathered at a luxury resort off Mexico's Pacific coast encountered an unexpected guest at an annual convention in May. A high-level official with the US Treasury Department had flown down to the soiree — where rooms ran as much as $900 a night — to deliver a firm warning....
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02.07.25 - 04:06
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New Mexico Is The Most-Dependent State On The Federal Govt, New Jersey The Least (ZeroHedge)
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New Mexico Is The Most-Dependent State On The Federal Govt, New Jersey The Least
How reliant is your state on Uncle Sam's wallet?
Every year, billions in federal tax dollars are redistributed to the 50 states and the District of Columbia through grants, contracts, and benefit programs.
Visual Capitalist's Pallavi Rao ranks the states to see who benefits the most from the flows so readers can see the fiscal winners and losers at a glance.
Data for this visualization comes from MoneyGeek, which uses Census Bureau and Bureau of Economic Analysis figures.
Their dependency score blends two metrics: the state's return‐on‐taxes ratio and the share of state revenues coming from federal sources.
ℹ️ Return on taxes measures how much state residents—including businesses—receive in federal payments for every $1 paid in tax to the federal government.
Importantly, this data does not include Medicaid payments.
Finally, a state's political affiliation is based on its voting history in t...
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