Tag Archives: Economy

Effective, Reciprocal Labor Enforcement Is Essential for USMCA

OPINION By ÁLVARO SANTOS Part of an ongoing series from the Wilson Center* The United States-Mexico-Canada Agreement (USMCA) was born from a threat and a promise. The threat was to eliminate the North American Free Trade Agreement (NAFTA) altogether despite the huge regional market it helped create. The promise was to make that market more beneficial to the United States, and,

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Moody Downgrades Mexico’s Credit Rating

PULSE NEWS MEXICO Just two days after the U.S. financial services rating agency Standard & Poor’s (S&P) revised its long-tern outlook for Mexico from negative to stable, Moody’s Analytics, another of the Big Three credit rating agencies, on Friday, July 8, downgraded the country’s sovereign bonds to Baa2, the next-to-last rung of investment grade, adding that Mexico’s economy will remain

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The USMCA and Pacta Sunt Servanda

OPINION By ANTONIO ORTIZ-MENA Part of an ongoing series from the Wilson Center* It is striking that, more than a quarter century after the North American Free Trade Agreement’s (NAFTA) entry into force, it is still necessary to provide a business case for deeper North American cooperation on economics and beyond, but that is where we are. After the 1989 Canada-U.S.

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Price of High-Consumption Electricity up 39 Percent in One Year

PULSE NEWS MEXICO Despite the fact that Mexican President Andrés Manuel López Obrador (AMLO) has repeatedly insisted that the price of electricity has remained stable under his administration, the price of high-consumption domestic electricity (DAC) continues to increase, with an additional boost of 4 percent just in in July, making for an accumulated increase of 38.8 percent over the last

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Making North America a Clean Energy Leader

OPINION By GOLDY HYDER Part of an ongoing series from the Wilson Center* Just like the covid-19 virus, the devastating effects of climate change know no borders. Flooding, forest fires and other extreme weather-related natural disasters are now regularly wreaking havoc on communities across North America. The costs of these catastrophes are measured not only in dollars and pesos, but in

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