Global Markets

Inflation-adjusted spending was little changed in May and has essentially stalled since February, setting up the economy for a substantial slowdown.

Although the local rules are different and the settlements in the region do not always take into consideration the specifics of each taxpayer, it is possible to negotiate with tax authorities in Latin America. Below we comment on the main aspects of the trend in key jurisdictions such as Brazil, Argentina, Chile and Mexico.

U.S. Treasuries surge, as investors seek out safer assets amid worries about U.S. banks and as economic data points to a softening labor market.

In a letter to lawmakers today, Janet Yellen says the Treasury Department's "best estimate" is that its extraordinary accounting measures will no longer be able to satisfy all the government's obligations by early June.

The IMF trimmed its global-growth projections, warning of high uncertainty and risks as financial-sector stress adds to pressures emanating from tighter monetary policy.

The Conference Board predicts a recession that will be more of a bump in the road than a pothole that disrupts the economy.

This year, legal and business risks will be heightened for companies with international supply and distribution chains, especially those operating in highly regulated industries.

The effects of the war will likely be felt around the world, for years to come.