AMLO Bids Farewell to Presidency
AMLO officially handed over the presidency to his successor Claudia Sheinbaum seconds before midnight on Monday night
Read moreTag Archives: Economy
Billions in Foreign Investment Paused Over Mexico’s Judicial Reform
The Wall Street Journal reported that approximately $35 billion in U.S. investment is now suspended due to the potential impacts of President López Obrador’s proposed changes to the judicial branch
Read moreRemittances Decline 9.6 Percent in July
However, Mexico’s total remittances received during the first seven months of 2024 still represented a year-over-year increase during the same period of the previous year
Read moreMexico’s Inflation Reaches 5.57 Percent in July
However, the National Institute of Statistics and Geography reported that Mexico’s core inflation decreased month-over-month from 4.13 percent in June to 4.05 percent in July
Read morePeso Falls After Global Market Crash
Experts signaled that a potential recession in the United States caused investors to sell off pesos in a “domino effect” away from assets deemed as risky
Read moreMexican GDP Slows in Second Quarter
Despite Mexico’s slowing GDP, the country has still experienced 11 consecutive quarters of economic growth.
Read moreMexico May Reassess Trade Relationship with China
China reportedly sells Mexico $119 billion in goods annually while only purchasing $11 billion in return
Read moreUS and Mexico to Impose New Tariffs on Chinese Steel
The move comes as the United States attempts to tighten up its imports of Chinese products believed to be entering the nation by using Mexico as a backdoor
Read moreMexican Stock Exchange is Worst Performer in the Americas
Economic analysts noted that key factors like President-elect Sheinbaum’s cabinet appointments and the outcome of the upcoming U.S. presidential elections
Read moreEU Highlights Issues for Mexico’s Next Administration
“The next president will have to deal with the problems that have plagued Mexico for many years, such as public security, human rights violations, migration and corruption,” read the European Parliament Research Service report
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