Economics & markets

Shipping rates are rising despite a vessel surplus

Global trade is facing a bizarre paradox where a record number of new container ships are hitting the water, yet Red Sea diversions are soaking up so much capacity that prices are surging. This looks at the logistical 'dead miles' that are making the global supply chain expensive again.

12 min

Mexico's currency dropped 4% after a landslide win

While investors expected Claudia Sheinbaum to win, the scale of her party's legislative supermajority suggests they can now dismantle the judicial and electoral bodies that markets rely on for stability. This explores how a 'certain' election result can still trigger a massive capital flight when institutional checks are the actual target.

12 min