By JUAN DE JESÚS BREENE What’s going on in Mexico City’s Colonia Juárez? How is it possible that so many new restaurants are opening in the midst of the covid-19 pandemic and in such close proximity to each other? Luís Peña’s story is one that many restaurant owners in the capital could tell. Mexico City, the fifth-largest city in the
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By THE PULSE NEWS MEXICO STAFF Despite repeated promises from President Andrés Manuel López Obrador (AMLO) of a 6-percent economic growth in 2021, Mexico registered a 0.2 percent contraction last quarter, marking three straight trimesters in a row of decline in the nation’s gross domestic product (GDP), according to statistics provided Wednesday, Jan. 19, by the National Institute of Statistics
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XINHUA The economy of Latin America and the Caribbean will grow by only 2.1 percent in 2022, representing a slowdown compared to 6.2 percent in 2021, the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) reported last week. According to the commission’s projections released on Wednesday, Jan. 12, the economy of the Caribbean region will grow 6.1
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Mexico’s Growth under AMLO
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The January Challenge
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OPINION By JUAN DE JESÚS BREENE Like everything else with an uncertain future, predictions for the year ahead are just that: prognoses that could or could not come to pass. That said, and with no crystal ball in hand, here are four broad predictions that most likely could be agreed upon by most in the Western Hemisphere for 2022: emerging
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AMLO’s Growth Goals for 2022
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By THE PULSE NEWS MEXICO STAFF In a surprise move to help curb spiraling inflation, the Central Bank of Mexico (Banxico) raised its benchmark interest rates on Friday, Dec. 16, by 50 points, from 5 percent to 5.50 percent. The last time Banxico raised the rate by 50 points was on Feb. 9, 2017. Most financial analysts had predicted that
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By ANTONIO GARZA, former U.S. ambassador to Mexico
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Mexico’s Soaring Inflation Rate
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