By RICARDO CASTILLO … After warning that Mexico was slipping into a recession, second quarter figures showed a small degree of growth, but the economy is still decelerating…
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Archive for ‘economics’
The Mexican Recession that May Not Be
By RICARDO CASTILLO … The Mexican economy is headed for a technical recession, but the big banks are still raking in pesos in massive quantities…
A Review of the First Year of Five Mexican Presidents
By RICARDO CASTILLO … Eight months into his term, Andrés Manuel López Obrador’s critics are brandishing the word “recession,” but is Mexico really facing an economic turndown?
Luy’s Lines
The Long Arm of Mexico’s Treasury Secretariat
USMCA’s Path to Passage Is Bumpy, but Its Promised Stability is Sorely Needed
By EARL ANTHONY WAYNE … A compromise on the USMCA will help prevent further disruptions in the $1-million-a-minute trade between the United States and Mexico…
Political Bombshell Rocks Baja California
By RICARDO CASTILLO … Jaime Bonilla Valdez was elected for a two-year term as governor, but may serve instead for five years…
Will Herrera Fit the Mold of AMLO’s Expectations?
By RICARDO CASTILLO … When Arturo Herrera was appointed as Mexico’s new finance secretary earlier this week, he looked as if he was attending his own funeral…
The Mexican Peso Is Strong, and that’s Not Necessarily a Good Thing
By THÉRÈSE MARGOLIS … The reason the peso is so strong is because of a financial practice known as carry trading, which is neither long-term nor sustainable…
AMLO and Slim Mend Fences
By RICARDO CASTILLO … After a cooling of relations between the Mexican president and the billionaire, ties seem to be warming up…
Luy’s Lines
Mexico’s Economic Free Fall
Mexico’s Economy Throws AMLO a Curveball
By SILVIO CANTO, JR. … If AMLO wants his honeymoon with the Mexican people to continue, he is going to have to show some economic growth…
