Tag Archives: Financial sector

Mexico Facing Reduced Consumption, Less Investment

XINHUA Mexico is facing the risk of weaker domestic consumption and investment as the growth rate of global economic activity moderates, the country’s main financial authorities warned Wednesday, March 30. The Financial System Stability Council (CESF) said in a statement that global inflation continued on an upward trend, driven mainly by high food and energy prices. “In this environment, global

Read more

Mexico News Roundup

By RICARDO CASTILLO Weathering a Perfect Storm Over the past few days, representatives of all o Mexico’s major banks have held separate press conferences previous to the annual Mexico Banks Association Convention, now being held in Acapulco. Each of the interviewed representatives showed acceptance for the policies of Mexican President Andrés Manuel López Obrador (AMLO). This is an indicator that

Read more