Mexico’s central bankers remained cautious and avoided discussing a timeline for interest rate cuts at their last meeting,

Formula One’s newly crowned world champion Nico Rosberg announced his retirement from the sport on this day in 2016. Mercedes driver Rosberg had claimed his maiden title at the season-deciding race in Abu Dhabi just five days earlier – and then made the shock revelation at a press conference in Vienna ahead of the FIA’s official prize-giving awards ceremony. The German, 31, confirmed he took the final decision to walk away from the sport in the hours after his championship triumph. Rosberg began his grand prix career with Williams in 2006 and competed in more than 200 races. He joined Mercedes in 2010 and partnered compatriot Michael Schumacher, the seven-time champion, before Lewis Hamilton, his long-term rival, joined the team from McLaren in 2013. Hamilton beat Rosberg to the drivers’ championship in both 2014 and 2015, with the German finally ending his long-running losing streak by claiming the 2016 title at the Yas Marina Circuit. Following his shock revelation, Rosberg later posted a message on Facebook giving more details behind the decision. “Since 25 years in racing, it has been my dream, my ‘one thing’ to become Formula One World Champion,” he said. “Through the hard work, the pain, the sacrifices, this has been my target. And now I’ve made it. “I have climbed my mountain, I am on the peak, so this feels right. My strongest emotion right now is deep gratitude to everybody who supported me to make that dream happen. “I pushed like crazy in every area after the disappointments of the last two years, and they fuelled my motivation to levels I had never experienced before. “Of course that had an impact on the ones I love, too – it was a whole family effort of sacrifice, putting everything behind our target.” The German later returned to motorsport after establishing Rosberg X Racing to compete in the all-electric off-road racing series Extreme E, with the team winning both the 2021 constructors’ and drivers’ titles. Read More Lewis Hamilton cannot wait for season to end after qualifying 11th in Abu Dhabi George Russell fastest as rookies handed chance in first Abu Dhabi practice Class action lawsuit filed over farcical start to Las Vegas Grand Prix Williams confirm second driver for 2024 F1 season F1 Drive reveal bespoke karts with ‘DRS’ for Tottenham Hotspur Stadium track Max Verstappen reveals three favourite wins in 2023 title triumph

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