BBVA has recently joined the Singapore-based Capital and Credit Risk Manager (CCRM) platform as a full member bank. CCRM is a Digital Market Place providing a secondary market for trade and working capital risks, owned by Tin Hill Capital and supported with a grant from the Monetary Authority of Singapore (MAS) Financial Sector Development Fund.

Mexico´s medium —and long— term perspectives are favorable, given the possibility of an improved NAFTA (North American Free Trade Agreement) and recent, profound structural reforms that are beginning to bear fruit.

Aaron Jones waited patiently for his name to be called, his bright future about to be solidified.

The Federal Open Market Committee will forgo rate increases when it meets next week, leaving the target federal funds rate at 1.25%.

Mario Draghi did not surprise anyone yesterday. As expected, the European Central Bank (ECB) unanimously decided to leave interest rates unchanged. He also did not announce any immediate changes to the asset purchase program. However, he did offer some clues as to the direction the ECB will follow after the summer.  As BBVA Research notes in its ECB Watch report, the discussion on gradually tapering QE (Quantitative Easing, the ECB´s asset purchase program) will take place in the fall – most likely in September.

The Pacific Alliance, made up of Chile, Colombia, Mexico and Peru, is a regional economic and comercial powerhouse.  This area grows more than the average in Latin America. BBVA Research expects GDP growth of 1.6% and 2.3% in 2017 and 2018, respectively.  "The Pacific Alliance is a success story in integration.  And not by chance.  It shares an ambition and a set of values behind this policy, on how prosperity should be reached," said Jose Manuel González-Páramo, executive director of BBVA in Santander.

Argentina and Brazil are finally pulling out of recession and driving the economic growth in Latin America as a whole this year, despite the slowdown in other countries in the region. According to BBVA Resarch’s ‘Latin America Economic Outlook’ Q3 report, the region will grow 0.8% in 2017 and 1.7% in 2018.

This is the message the G20 wanted to transmit at the end of the summit that took place last weekend in Hamburg, Germany. However, it does not seem that this actually reflects the tone among the heads of state. The main point of disagreement was around the U.S. position on climate change.  They agreed on issues related to opening markets, international trade and the stability of the financial system.

All eyes are already set on Hamburg, where, under Germany’s presidency, the G20 leaders will be meeting today and tomorrow to agree on a program to deliver on the goal set in this year’s slogan: “Shaping the interconnected world.”

The role the European Central Bank played during the crisis was fundamental to the European economy getting off the ground, according to José Manuel González-Páramo. He experienced part of this process firsthand as a member of the ECB Executive Board and Governing Council from 2004 to 2012. He is currently BBVA’s Executive Director.