USMCA Shifts into High Gear
By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico
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Mexican Auto Parts Exports Soar in First Quadmester
By THE PULSE NEWS MEXICO STAFF Mexico’s auto parts exports increased by 27.5 percent in the first four months of 2021, compared to the same period in 2020, according to the National Auto Parts Industry Association (INA). The surge — the largest increase since 2010 — was primarily the result of the implementation of the United States-Mexico-Canada Agreement (USMCA), which
Read moreInvestment in Mexican Mining Falls 43 Percent in Two Years
By THE PULSE NEWS MEXICO STAFF Political uncertainty, excessive bureaucracy and growing insecurity have caused Mexico to drop 13 places on the international mining attractiveness index in just two years, and investment in the sector to fall 42.8 percent in that same period. According to the Canadian Fraser Institute research center, while in 2018 Mexico ranked 29th out of 83
Read moreCanadians Celebrate their Country’s National Holiday
By THE PULSE NEWS MEXICO STAFF Canada celebrates its national day on Thursday, July 1. Canada Day marks the creation of the dominion of Canada through the British North America Act of July 1, 1867, uniting three British territories, the Province of Canada (composed of southern Ontario and southern Quebec), Nova Scotia and New Brunswick, into a single federation. Originally
Read moreThe Need for Trilateral Efforts to Upskill Workers
By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico
Read moreBombardier Wins Tren Maya Rail System Tender
By THE PULSE NEWS MEXICO STAFF A subsidiary of the Canadian Bombardier transport consortium has won a bid to construct Mexico’s the rail system for Mexico’s controversial Tren Maya tourist train infrastructure project, the Andrés Manuel López Obrador (AMLO) government announced Wednesday, May 26. The $1.84 billion project will include the design, manufacture, delivery, testing and commissioning of 42 trains,
Read moreAMLO’s Energy Reforms Threaten $4.8 Billion in Investment
By THE PULSE NEWS MEXICO STAFF Over the course of the last six years, U.S. and Canadian companies have invested more than $4.805 billion in Mexico’s energy sector, capital that is now being threatened by the changes to the electricity and hydrocarbon sectors laws promoted by President Andrés Manuel López Obrador (AMLO). Among the major companies that have invested in
Read moreCanadian Firm Files First USMCA Complaint against Mexico
By THE PULSE NEWS MEXICO STAFF In what constitutes the first formal complaint against Mexico for violations of the United States-Mexico-Canada Agreement (USMCA), the Canadian-owned Tridonex auto parts corporation filed a legal protest against the workers union at the company’s Matamoros, Tamaulipas, plant, on Tuesday, May 11. Tridonex, which is headquartered out of Philadelphia, Pennsylvania, filed the complaint under the
Read moreMexico Ranks Second Worldwide in Capital Flight
By THE PULSE NEWS MEXICO STAFF Mexico placed as the country with the second-highest rate of capital flight in February, according to a report released earlier this week by the U.S. Treasury Department. In total, $11.531 billion in government bonds and corporate securities left the country in February, the Treasury Department said. Only Brazil registered a higher rate of capital
Read moreMexico News Roundup
By THÉRÈSE MARGOLIS Vaccine Chaos The covid-19 vaccine rollout in Mexico, which began in December of last year, has been chaotic, to say the least, with allegations of empty syringes, vaccine hoarding, preferential administration for government workers and political maneuvering. Currently, the government is dishing up a hodgepodge of both one-dose and two-dose vaccines (some internationally verified, some not) from
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