By THE PULSE NEWS MEXICO STAFF The pending default of of Chinese property developer Evergrande Group roiled stock markets around the globe Monday, Sept. 20, including Mexico’s Bolsa Mexicana de Valores (BMV). Investor concerns about the uncertainty of Evergrande’s financial future caused the BMV to close with a 1.46 percent loss at the end of the day. Between Friday and
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By RICARDO CASTILLO Corona “Beerus” Brewery Nixed at Border A poll carried out by Mexico’s Interior Secretariat (SeGob) over the past weekend (Saturday, March 21, and Sunday, March 22) resulted in an overwhelming vote against the establishment of Corona beer manufacturer Constellation Brands mega-brewery in the Mexican border city of Mexicali, on the Mexican side of Calexico and Imperial Valley,
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By ANTONIO GARZA, former U.S. Ambassador to Mexico
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By RICARDO CASTILLO Here’s the sequence of events that led to a market selloff at the Mexican Stock Exchange (Bolsa Mexicana de Valores) that provoked the loss of nearly 6 percentage points and nearly 90 billion pesos over the last week, mostly for banks. First, on Wednesday, Nov. 7, came the not-so-casual news from the National Regeneration Movement (Morena) political party majority leader
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By THÉRÈSE MARGOLIS It will take months, or even years, before Mexico sees the long-term economic consequences of its people’s passionate landslide vote to elect leftist populist Andrés Manuel López Obrador (AMLO) as their president on Sunday, July 1. But while there will no doubt be significant economic ups and downs in the months ahead, the Mexican Bolsa de Valores
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