XINHUA Mexico’s economy rebounded 19.7 percent year-on-year in the second quarter of 2021, buoyed by good performance across all sectors, according to preliminary figures released Friday, July 30, by the National Institute of Statistics and Geography (Inegi). Seasonally adjusted figures showed Mexico’s gross domestic product (GDP) grew 1.5 percent in the second quarter compared to the previous, Inegi said in
Read more
XINHUA Mexican President Andrés Manuel López Obrador (AMLO) on Saturday, July 14, called for “a new coexistence” of all the countries of the Americas to replace the Washington-based Organization of American States (OAS). Speaking before a summit of the 33-member Community of Latin American and Caribbean States (CELAC) at Chapultepec Castle, the president went on to state the OAS model
Read more
XINHUA Tropical storm Enrique intensified into a Category 1 hurricane on Saturday, June 26, off the coast of the western Mexican states of Colima and Michoacán, the National Water Commission (Conagua) reported. “At 07:15 a.m., the center of Enrique was located approximately 230 kilometers southwest of Punta San Telmo, Michoacan, and 265 kilometers south-southwest of Manzanillo, Colima,” Conagua said,
Read more
XINHUA At least 14 people died in armed attacks in the Mexican border city of Reynosa, Tamaulipas, on Saturday, June 19, local authorities said in a statement. The attacks took place in early Saturday afternoon in different districts of the city, said Tamaulipas authorities, adding that it remains unclear if the victims were targeted or randomly shot. On Sunday, June
Read more
XINHUA Mexico is registering a rebound in covid-19 infections in six of its 32 states after 20 weeks of a national downward trend, Undersecretary of Prevention and Health Promotion Hugo López-Gatell said on Tuesday, June 15. Yucatán and Quintana Roo have a “very substantial” increase in covid cases, followed by Baja California, Campeche, Sinaloa and Veracruz, according to the official.
Read more
XINHUA The Investment Promotion and Protection Agreement (IPPA) between Hong Kong and Mexico will enter into force on Wednesday, June 16, the Hong Kong Special Administrative Region (HKSAR) government announced on Sunday, June 6. The HKSAR government said the accord will enhance the confidence of investors, expand investment flows between Hong Kong and Mexico, and further strengthen bilateral economic and
Read more
XINHUA The Mexican economy is recovering at different “two speeds” from the collapse caused by the covid-19 pandemic, with exports growing at a steady pace and consumption gradually increasing with fits and starts, the Organization for Economic Co-operation and Development (OECD) said on Monday, May 31. During a virtual press conference, OECD economist for Costa Rica and Mexico Alberto González
Read more
XINHUA The Cruz Azul soccer team ended a 23-year Mexican top flight title drought on Sunday, May 30, by completing a 2-1 aggregate victory over Santos Laguna in the Liga MX Clausura final. Having lost the first leg 1-0 at home, on Thursday, 27, Santos Laguna drew level overall through a 37th-minute strike from Chilean midfielder Diego Valdes at Estadio
Read more
XINHUA Mexico’s gross domestic product (GDP) fell just 3.6 percent in the first quarter of 2021 year-on-year, the National Institute of Statistics and Geography (Inegi) said on Wednesday, May 26, revising its initial estimate of a 3.8 percent drop. According to a revised breakdown by economic segments, the services sector plummeted 4 percent between January and March of this year
Read more
XINHUA A regular air cargo route between Wuhan, the capital of central China’s Hubei Province, and Mexico City on Saturday, May 8. The route will be operated twice a week by Aeroméxico, one of the largest airlines in Latin America, according to Wuhan Tianhe International Airport. Some 3,500 tons of cargo are expected to be delivered via the route annually.
Read more