Tag Archives: Economics

Peterson Institute: USMCA Is Net Negative for All Three Economies

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XINHUA The newly revised United States-Mexico-Canada Agreement (USMCA) represents “a net negative” for all three economies due to its regulatory mandates, especially concerning automobiles, said a report from the Washington-based financial thinktank Peterson Institute for International Economics (PIIE) released on Tuesday, Dec. 17. The USMCA modernizes trading rules and strengthens enforcement of labor and environmental rights, but its restrictions on

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The View from the North: Worrying Trends in Mexico, Seen from Abroad

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By SILVIO CANTO, JR. As an outsider who follows Mexico and Mexican news closely, I’ve noticed a couple of recent articles that should be worrying the Mexican middle class. First, according to his column in Pulse News Mexico, Ricardo Castillo has noted that President Andrés Manuel López Obrador (AMLO) is making investors nervous. Castillo wrote: “Fear does not ride on

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Figures Show Mexico Not in Recession

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By RICARDO CASTILLO    Let the fireworks light up the cloudy Mexican economics sky. The great news deserves the glow in the heavens. The economy grew in the second quarter of 2019 by 0.1 percent and, according to the National Institute of Geography and Statistics (Inegi), which carries out the official econometrics gaging, “there is no recession.” The news was made

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