By KELIN DILLON According to the International Monetary Fund’s (IMF) External Sector Report, Mexico drastically needs to reform its fiscal practices and implement increased monetary support to its inhabitants if it wants to fully recover from the economic effects of covid-19. “More domestic fiscal support is needed in the short term to ease the tensions of the pandemic, reduce scars
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By ALEJANDRO ENVILA FISHER The future of Mexico’s centralist National Institutional Party (PRI) will be contingent to a single concept: loyalty. The PRI lost all the governorships in its power in June for two reasons: the depth of its discredit (derived more from its arrogance than from the failure of the governments it led), and the lack of loyalty of
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XINHUA Mexico’s economy rebounded 19.7 percent year-on-year in the second quarter of 2021, buoyed by good performance across all sectors, according to preliminary figures released Friday, July 30, by the National Institute of Statistics and Geography (Inegi). Seasonally adjusted figures showed Mexico’s gross domestic product (GDP) grew 1.5 percent in the second quarter compared to the previous, Inegi said in
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By ANTONIO GARZA, former U.S. ambassador to Mexico
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By KELIN DILLON New reports have revealed that Chinese firms have invested a staggering $14 billion in Mexico over the past two decades, with 42 percent of this investment occurring in 2019 and 2020. In an analysis from the Academic Network of Latin America and the Caribbean, Chinese companies have put $5.81 billion of capital into Mexico in the last
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By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico
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By KELIN DILLON Though Mexico’s gross domestic product (GDP) has been rebounding after the economic effects of the covid-19 pandemic, the Center for Economic Studies of the Private Sector (CEESP) said that families in poverty are likely worse off because of it, only widening the country’s large inequality gap. The CEESP pointed out that many medium- and small-sized businesses were
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By THE PULSE NEWS MEXICO STAFF Mexico’s auto parts exports increased by 27.5 percent in the first four months of 2021, compared to the same period in 2020, according to the National Auto Parts Industry Association (INA). The surge — the largest increase since 2010 — was primarily the result of the implementation of the United States-Mexico-Canada Agreement (USMCA), which
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By THÉRÈSE MARGOLIS Back in May, Israel registered a formal complaint against Mexico for voting in favor of the creation of a United Nations special commission to investigate allegations of Israeli war crimes against Palestinians during the 11-day Guardian of the Walls operation in which Israel defended itself from thousands of rockets being sent into its territory by the terrorist
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Mexican Government Spending
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