PULSE NEWS MEXICO According to preliminary numbers from Mexico’s National Institute of Statistics and Geography (Inegi), released on Thursday, Aug. 18, the nation’s economy shrank by 0.1 percent in July, constituting the third month in a row with a negative growth rate. In June, Mexico’s economy also contracted by 0.1 percent, and in May, it contracted by 0.2 percent, based
Read more
By ANTONIO GARZA, former U.S. ambassador to Mexico
Read more
By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico
Read more
By KELIN DILLON While the first quarter of 2022 presented the most accelerated recovery of the Mexican economy post-Covid-19, the country’s Gross Domestic Product (GDP) still falls below its pre-pandemic levels. According to the National Institute of Statistics and Geography (Inegi), Mexico’s GDP advanced by one percent throughout 2022’s first quarter, .2 percent above the preceding quarter. The GDP of
Read more
By THE PULSE NEWS MEXICO STAFF Since the global covid-19 pandemic first erupted in March of 2020, Mexico’s economy has dropped two spots, from 15th to 17th place. according to the International Monetary Fund (IMF). That is the worst position it has held since 1988, when it occupied the same place in a list of 190 nations. The Mexican economy
Read more
By ANTONIO GARZA, former U.S. ambassador to Mexico
Read more
By KELIN DILLON According to the Mexican Center for Economic and Budgetary Research (CIEP), if the current tax subsidies provided to gasoline and diesel by the Special Tax on Production and Services (IEPS) are maintained, the Mexican economy will lose 554 billion pesos and experience 2.4 percent contraction in GDP in 2022 as a direct result of the policy. Given
Read more
By THE PULSE NEWS MEXICO STAFF For the third straight year — all under the watch of leftist President Andrés Manuel López Obrador (AMLO) — Mexico’s economy contracted in 2021, representing a second technical recession. According to the government’s own data, provided on Monday, Jan. 31, by the National Institute of Statistics and Geography (Inegi), the country’s economy contracted for
Read more
By THÉRÈSE MARGOLIS It was a day of absolute jubilation and unrestrained celebration for Azerbaijani Ambassador to Mexico Mammad Talibov and his wife Kamala Talibova when they hosted a diplomatic reception at the Presidente Intercontinental Hotel Polanco on Friday, Nov. 5, to commemorate the first anniversary of their reunited country after nearly three decades of occupation of a fifth of
Read more
By KELIN DILLON Early in the morning of Wednesday, Oct. 27, Mexico’s Senate approved the country’s new Income Package for 2022 in a 66 to 44 vote, without making any changes to the initiative. Though opposition parties presented more than 400 potential issues with the initiative, majority senators from the in-power National Regeneration Movement (Morena) rejected their reservations one-by-one. The
Read more