CETES

The CETES, certified by the European Union (EU), did not rule out Russia to incite its supporters in Latvia, where the Russians represent around 22 percent of total population and feel marginalized because of the rejection to recognize their language and culture.

According to Collazo, CETES rates will have to come down to 20% to 25% by the end of October to avert a major economic slowdown and prevent a surge in inflation.

Another observation about the Mexican situation may help to explain the relatively large ex ante gap between the rate on cetes and that on tesobonos: Since 1976, the international financial community, led by the U.S.

Banxico policies to contain inflation have thus far proven effective, and overall inflation forecasts are down, while the interest rate on 28-day Treasury certificates (Cetes) has fallen to its lowest level since 1994, at 8.91% by press time.

March 14 in the CETES Conference Center on the campus in Lawton.