By THE PULSE NEWS MEXICO STAFF The flow of economic remittances into Mexico by migrants working abroad grew by 18.47 percent annually compared to the same period last year, to a total of $13.911 billion, during the first quarter of 2022, the Central Bank of Mexico (Banxico) said Monday, May 2. This figure represents the highest increase during a similar
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By KELIN DILLON Early in the morning of Wednesday, Oct. 27, Mexico’s Senate approved the country’s new Income Package for 2022 in a 66 to 44 vote, without making any changes to the initiative. Though opposition parties presented more than 400 potential issues with the initiative, majority senators from the in-power National Regeneration Movement (Morena) rejected their reservations one-by-one. The
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By RICARDO CASTILLO Mexico’s top financial authorities issued an alternative banking program to help Mexican migrant workers in the United States make the most out of their remittances, which in 2020 amounted to over $40 billion. The alternative banking plan comes as a response to the Bank of Mexico bill proposed by the country’s majority party, the National Regeneration Movement
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By RICARDO CASTILLO Most definitely, Mexican President-elect Andrés Manuel López Obrador (AMLO) is getting all the media attention usually reserved for the standing president, namely, in this case, Enrique Peña Nieto (EPN.) But why is this? The answer is easy: Peña Nieto is now working in the shadows as the glare of the limelight shines brightly on AMLO – slated to become president
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