By THE PULSE NEWS MEXICO STAFF Despite repeated promises from President Andrés Manuel López Obrador (AMLO) of a 6-percent economic growth in 2021, Mexico registered a 0.2 percent contraction last quarter, marking three straight trimesters in a row of decline in the nation’s gross domestic product (GDP), according to statistics provided Wednesday, Jan. 19, by the National Institute of Statistics
Read more
XINHUA New vehicle sales in Mexico plummeted by 22.5 percent in January compared to the same month of 2020, after a rebound in the novel coronavirus pandemic led to reimposed lockdowns, official figures showed Thursday, Feb. 4. A total of just 81,203 vehicles were sold in the first month of the year, compared 104,852 units in January of last year,
Read more
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
Read more
A Year of Hope
Read more
By ANTONIO GARZA, former U.S. ambassador to Mexico
Read more
By THÉRÈSE MARGOLIS The year 2020 is finally getting ready to wrap up, and none too soon for most of us, what with the covid-19 pandemic, the global economic turndown and — lest we forget — the now-almost universal practice of WFH (work from home). Yes, we are all going to be celebrating the end of 2020 come Dec. 31,
Read more
By KYLIE MADRY A controversial proposal by Mexico’s Treasury Secretariat that would have allowed Tax Administration Service (SAT) auditors to take photos and videos during auditing visits was shot down by the Senate late Thursday, Oct. 30, after having slid through the country’s lower legislative house earlier in the week. The bill had caused worry among many Mexican taxpayers, especially
Read more