Moody's has raised its growth forecasts for Mexico's economy, citing positive surprises in productive sectors and nearshoring trends [631c097a]. The agency now expects Mexico's GDP to grow 3.5% this year and 2.3% in 2024 [631c097a]. Mexico's government also forecasts GDP growth of at least 3.5% this year and next [631c097a]. In other news, AI experts warned of the risks of AI disruption in democratic processes and the threat it poses to human existence [631c097a]. Caisse de Depot et Placement du Quebec is exploring the sale of up to $2 billion of private equity assets [631c097a]. Arm Holdings gave a sales outlook below estimates due to a delayed deal [631c097a]. Investment bankers expect a pick-up in corporate dealmaking once uncertainties subside [631c097a]. House Republicans are working on a strategy to fund the government and provide aid to Israel [631c097a]. World stock markets slid as investors accepted that interest rates will stay higher for longer [631c097a]. China's imports rose while exports fell for a sixth straight month [631c097a]. The US trade deficit grew to $61.5 billion in September [631c097a]. The IMF warned against premature celebration of declining inflation and urged policymakers to keep interest rates elevated [631c097a]. FX strategists predict the dollar's weakness will continue for the rest of the year [631c097a].