Author Archives: Xinhua

Mexican Consumer Spending, Fixed Income Plummet in 2020

XINHUA Consumer spending and gross fixed investment in Mexico plummeted in 2020 due to the covid-19 pandemic, figures from the National Institute of Statistics and Geography (Inegi) indicated on Friday, March 5. Consumer spending fell 11 percent in 2020 compared to 2019, while gross fixed investment plunged 18.2 percent last year, according to two separate Inegi reports. In the area

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US Launches Smuggling Probe into Deadly California Crash

XINHUA The traffic collision that killed 13 people in California near the border with Mexico on Tuesday, March 2, is now under human smuggling investigation by U.S. federal agency, local media reported Wednesday, March, 3. The burgundy Ford Expedition crossed the U.S. border with Mexico by driving through a hole cut into the border fence early Tuesday, March 2, local

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Mexican Economy Recovery Will Be ‘Fragile and Hesitant’

XINHUA Mexico’s economy is facing a “fragile and hesitant” recovery amid signs of weakness in the manufacturing and service sectors, the Mexican Institute of Financial Executives (IMEF) said on Monday, March 1. In its monthly economic analysis, the IMEF noted that its manufacturing indicator declined 0.3 points in February to 49.1 units, staying in the contraction zone for 21 consecutive

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Six Soldiers Killed in Plane Crash in Eastern Mexico

XINHUA At least six soldiers were killed when a Mexican Air Force plane crashed on Sunday, Feb. 21, in the municipality of Emiliano Zapata, Veracruz, the National Defense Secretariat (Sedena) reported. Sedena said in a brief statement that a LearJet 45 with the registration number 3912 crashed after taking off Sunday morning from El Lencero Airport. “The Secretariat’s Air Accidents

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Mexican Film Shortlisted for Best Foreign Feature

XINHUA The Mexican film “Ya No Estoy Aquí” (“I’m No Longer Here”) has been shortlisted by the Academy of Motion Picture Arts and Sciences for the 93rd Academy Awards, also known as the Oscars, the academy announced Wednesday, Feb. 10. Director Fernando Frías’ feature film will represent Mexico in the 2020 Academy Awards competition for best international film for 2020.

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Concerns Grow Regarding Mutated Covid Strains in Latin America

XINHUA There are growing concerns over the detection of three new variants of covid-19 in 20 countries in the Americas, the Pan American Health Organization (PAHO) said Wednesday, Feb. 3. These variants “are raising questions about a possible increase” in the transmissibility of the virus, said Carissa F. Etienne, the director of PAHO. During a virtual press conference, Etienne asked

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Analysts Raise Mexican 2021 Economic Growth Forecast to 3.5 Percent

XINHUA Private analysts now estimate that Mexico’seconomy could grow by 3.5 percent in 2021, up from the 3.44 percent previously estimated, a survey by the Central Bank of Mexico (Nanxico) indicated on Tuesday, Feb. 2. Analysts also forecast a growth in Mexico’s gross domestic product of 2.5 percent for 2022, slightly lower than the 2.6 percent estimate in December, the

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Canada Bans All Flights to Mexico

  XINHUA Canadian Prime Minister Justin Trudeau Friday, Jan. 29, announced new measures against covid-19, including the suspension of Canadian flights to all Caribbean destinations and Mexico. “With the challenges we currently face with covid-19, both here at home and abroad, we all agree that now is just not the time to be flying,” Trudeau said at a press conference

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