International
US consumer confidence dips in November: survey
| By AFP |
US consumers were gloomier about the state of the American economy in November, likely due to a rise in gas prices and as recession risks loom, according to a survey released Tuesday.
The closely-watched consumer confidence index dipped to 100.2 in November, down two points from the month before, in a second straight month of decline, said think tank The Conference Board.
“Consumers’ expectations regarding the short-term outlook remained gloomy,” said Lynn Franco, senior director of economic indicators at The Conference Board.
The drop in consumer confidence this month, in line with analyst expectations, was “most likely prompted by the recent rise in gas prices,” she said.
Data on consumers’ short-term outlook suggests the likelihood of a recession remains elevated as well.
“Inflation expectations increased to their highest level since July, with both gas and food prices as the main culprits,” Franco said.
Consumer inflation in the United States has been hovering at the highest level in decades, prompting the Federal Reserve to take aggressive steps to raise interest rates and cool the economy.
The central bank walks a tightrope trying to bring down surging costs while avoiding tipping the world’s biggest economy into a downturn.
For now, consumer intentions to buy homes, automobiles and big-ticket appliances have moderated.
“The combination of inflation and interest rate hikes will continue to pose challenges to confidence and economic growth into early 2023,” Franco said.
But with inflation showing signs of easing and central bankers noting it would take time for policy effects to be realized, a growing number of voices including Fed officials have advocated for smaller steps in the coming months.
The consumer sentiment reading “remains depressed compared to pre-pandemic” levels, said economist Rubeela Farooqi of High Frequency Economics.
Overall, measures of sentiment “are sending a negative signal about household spending,” even if consumption continues to support growth for now, she added.
International
President Sheinbaum Hails Fátima Bosch’s Miss Universe Win as a Victory for Women’s Voices
Mexican President Claudia Sheinbaum praised Fátima Bosch on Friday for winning the Miss Universe 2025 title, recognizing her as a symbol of courage for Mexican women and highlighting her stance against an act of injustice during the international pageant.
Bosch, a native of Tabasco, claimed the crown at the competition held in Thailand. Her participation drew significant attention following an incident involving the director of Miss Universe Thailand, Nawat Itsaragrisil, who told her to remain silent for not sharing event-related content on her social media platforms. The remark prompted Bosch to walk out of the room in protest, an action supported by several other contestants.
President Sheinbaum denounced expressions like “you look prettier when you’re quiet,” asserting: “Women look more beautiful when we speak up and participate. And she raised her voice, saying, ‘This is unjust, I don’t agree.’”
Fátima Bosch, 25, became the fourth Mexican woman to win the Miss Universe crown, joining Lupita Jones (1991), Ximena Navarrete (2010), and Andrea Meza (2020).
Bosch triumphed over Thailand’s Veena Praveenar, who placed as first runner-up, and Venezuela’s Stephany Abasaly, who took third place. This year’s pageant featured contestants from 120 countries and territories, including nine mothers, one transgender woman, a genocide survivor, and the first-ever Palestinian contestant in the competition’s history.
International
Peru Orders Arrest of Betssy Chávez Amid Diplomatic Rift With Mexico
Peru’s Judiciary issued an international arrest warrant and ordered five months of pretrial detention on Friday for former Prime Minister Betssy Chávez, who is facing charges of attempting a coup d’état and is currently taking refuge in the Mexican Embassy in Lima.
Peru severed diplomatic relations with Mexico, arguing that the asylum granted to Chávez constitutes interference in its internal affairs. The former prime minister is accused of participating in former President Pedro Castillo’s attempted coup in December 2022.
“The court orders five months of pretrial detention for the defendant Betssy Chávez Chino, as well as national and international search and arrest notices,” the Judiciary stated.
Judge Juan Carlos Checkley argued that there is a “clear” flight risk and a significant chance of jeopardizing the upcoming oral trial.
The Supreme Anti-Corruption Prosecutor’s Office said it secured pretrial detention for Chávez “on charges of rebellion and, alternatively, conspiracy, to the detriment of the State.”
Chávez, who has been on trial since March 2025, faces a potential 25-year prison sentence. She has been staying for 18 days at the Mexican Embassy residence in Lima, awaiting a safe-conduct pass to leave the country.
The Peruvian government announced on November 7 that it intends to seek a review of regional diplomatic asylum regulations, following Mexico’s decision to grant protection to Chávez.
Relations between the two countries deteriorated after Castillo’s ousting, when Mexico granted asylum to the former president’s wife and two children. Since then, both governments have withdrawn their ambassadors.
International
Paraguay launches dengue vaccination for children in high-risk areas
Dengue fever, transmitted by the Aedes aegypti mosquito, remains a persistent threat in tropical and subtropical countries such as Paraguay, where it claimed the lives of 132 people among nearly 100,000 infections during the 2023–2024 Southern Hemisphere summer, according to official data. However, that figure was lower than the record set in the 2012–2013 season, when 252 deaths were reported among roughly 130,000 infections.
“Today marks a very important step toward protecting our children and bringing peace of mind to families,” Paraguay’s Minister of Health, María Teresa Barán Wasilchuk, said in a speech on Wednesday.
The vaccine will be administered to children between 6 and 8 years old in municipalities with the highest incidence of dengue cases in the past five years. Authorities will use TAK-003 (Qdenga), developed by Takeda—one of Japan’s largest pharmaceutical companies—which was approved by the World Health Organization (WHO) in 2024.
“We celebrate this step, which positions Paraguay as a country with one of the most robust immunization programs,” said Héctor Castro, director of the Acosta Ñu Pediatric Hospital. “We will work tirelessly to ensure this government decision becomes a success in the fight against this scourge.”
Vaccinating children against dengue “is not only a historic and public health milestone, but also a humanitarian one,” Castro added during remarks delivered at the hospital in San Lorenzo, near the capital, Asunción.
President Sheinbaum Hails Fátima Bosch’s Miss Universe Win as a Victory for Women’s Voices
Peru Orders Arrest of Betssy Chávez Amid Diplomatic Rift With Mexico
Paraguay launches dengue vaccination for children in high-risk areas
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
Defense Minister commends salvadoran soldier for Central American Cross Country victory
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