#economic-stimulus

#economic-stimulus

Mexican President Claudia Sheinbaum is accelerating efforts to forge a grand national agreement with the business sector to revive an economy showing clear signs of weakness. Despite a cool head approach to the United States and the Mexico Plan, the country's gross domestic product (GDP) fell by 0.3% due to a decline in industrial activity and decreases in consumption, as well as in public and private investment.

The German government has said it plans to reverse an increase in aviation taxes which came into force last year in a bid to support the industry. The tax cut comes as part of a broader effort to boost the German economy. Other significant measures include a subsidy for electricity costs for companies, and a plan to construct a number of new gas-fired power plants.