Remittances 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 moreTag Archives: finances
Peso 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 moreMexico May Enter Weak Financial Era Next Presidency, Warns Moody’s
Mexico is expected to pull in 2 percent of economic growth in 2024, down from the 3.4 percent predicted for 2023
Read moreBanca Azteca Brings Easy Internet Banking to the Mexican Masses
By coordinating and verifying personal biometrics and facial recognition technology online with the National Electoral Institute (INE), Banca Azteca can check and authenticate applicants’ data to prevent possible identity thefts
Read moreLuy’s Lines
Mexico’s Financial Forecast
Read moreInternal Mudfest Breaks Out over Plan B during INE Session
Cordova said that the passage of Plan B is a “setback of intolerance and arbitrariness, and an abuse of power to the detriment of the citizen’s democratic conquests”
Read moreSince You Asked…
Need some solid advice on contemporary lifestyle issues? Just ask Caroline
Read moreExperts Condemn AMLO’s Aim to Withdraw from the USMCA
OPINION By KELIN DILLON After a continued period of tension between Mexico, Canada and the United States over Mexican President Andrés Manuel López Obrador’s (AMLO) controversial energy policies, which directly violate portions of the free-trade United States-Mexico-Canada Agreement (USMCA), and his continued public rhetoric against foreign and private investment, López Obrador has now publicly floated the idea of Mexico reneging
Read moreFIU Reveals Exorbitant Spending by Gertz, Nieto
By KELIN DILLON Following an investigation by Mexico’s Financial Intelligence Unit (FIU) of the Secretariat of Finance and Public Credit (SHCP), financial records tracking the spending of controversial Attorney General (FGR) Alejandro Gertz Manero and recently disgraced former FIU head Santiago Nieto showed the two officials’ extravagant spending habits, doling out millions and millions of pesos for exotic cars, luxury properties
Read moreAMLO Nominates Victoria Rodríguez Ceja to Head Banxico
By KELIN DILLON On Wednesday, Nov. 24, Mexican President Andrés Manuel López Obrador (AMLO) nominated Undersecretary of Expenditures of the Secretariat of Finance (SHCP) Victoria Rodríguez Ceja to head the Central Bank of Mexico (Banxico) despite her inexperience, in what many said was a snub to former SHCP head Arturo Herrera, who had been informed of his loss of the
Read more