XINHUA Mexico’s Central Bank (Banxico) on Thursday, Feb. 10, raised its key interest rate for the sixth consecutive time in response to what it called greater and longer-than-expected inflationary pressures. B Banxico said in a statement that its governing board had decided by majority vote to raise the target for the overnight interbank interest rate by 50 basis points, to
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Optimism in Mexico
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Mexico’s Fat Government
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AMLO’s Republican Austerity
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Mexico’s Economic Recovery
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AMLO Says Mexico Isn’t in Recession
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XINHUA Mexico received a record $51.594 billion in remittances in 2021, according to a report released Tuesday, Feb. 2, by the Central Bank of Mexico (Banxico). The amount of money that Mexicans living abroad sent home to their families last year was 27.1 percent higher than the amount in 2020, when the country received $40.605 in remittances, Banxico data showed.
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By ANTONIO GARZA, former U.S. ambassador to Mexico
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By THE PULSE NEWS MEXICO STAFF For the third straight year — all under the watch of leftist President Andrés Manuel López Obrador (AMLO) — Mexico’s economy contracted in 2021, representing a second technical recession. According to the government’s own data, provided on Monday, Jan. 31, by the National Institute of Statistics and Geography (Inegi), the country’s economy contracted for
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Mexico Welcomes Foreign Investors
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