Moody’s Lowers Mexico’s Economic Growth Forecast
The big three credit rating agency also pointed to the potential impacts of U.S. President-elect Donald Trump’s trade policies on Mexico’s economy
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The big three credit rating agency also pointed to the potential impacts of U.S. President-elect Donald Trump’s trade policies on Mexico’s economy
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AMLO officially handed over the presidency to his successor Claudia Sheinbaum seconds before midnight on Monday night
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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 moreDespite Mexico’s slowing GDP, the country has still experienced 11 consecutive quarters of economic growth.
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Mexico reportedly spent 2.319 trillion pesos during the first quarter of 2024 compared to its 1.867 trillion peso income during the period, said the Secretariat of Finance and Public Credit
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Amid all the geopolitical shifts, political changes are also coming in Mexico
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To fully capitalize on the momentum of nearshoring, it is imperative that the “three amigos” jump in with both feet and fully engage on the trilateral trade and competitiveness agendas, including effectively addressing disputes
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As a result, Mexico registered a trade deficit in April of almost $1.51 billion
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The drop in the expected growth rate was the result of low dynamics in the industrial sector
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López Obrador’s argument that this measure would lower the price of plane tickets is wrong
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