Tag Archives: Condusef

Navigating Mexico: Paying Extra Charges for Using a Credit Card

By JUAN DE JESÚS BREENE Like any country, Mexico has certain practices that would never happen anywhere else, and sometimes we become conditioned to accepting those quirky conventions with a “well, welcome to Mexico.” One of those practices that can easily be seen as ordinary is taking out your credit card for payment and hearing, “Oh, I’m sorry, if you

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Investors Panic, Bolsa Plunges and Peña Nieto Doesn’t Even Say Quack

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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