By MARK LORENZANA Just as Mexico’s inflation rate rose to 7.99 percent in June of this year, the U.S. financial services rating agency Standard & Poor’s (S&P) in its Global Ratings report on Wednesday, July 6, revised the outlook on its long-term ratings on Mexico from negative to stable. In addition, the S&P Global Ratings affirmed the country’s credit rating
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By MARK LORENZANA The value of oil imports and the trade deficit in hydrocarbons reached an all-time high in the first five months of the year due to the global rise in crude oil prices, a situation that could complicate Mexico’s public finances, experts said on Tuesday, June 28. From January to May of this year, the prices of light
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By THE PULSE NEWS MEXICO STAFF Mexico, along with Chile and Brazil, had the highest economic inequality among Latin American countries, according to a regional report by the United Nations Development Program (UNDP) released earlier this week. “Despite decades of progress, the region continues to be the second-most-unequal in the world (after the African sub-Sahara), and income inequality in Latin
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