By THÉRÈSE MARGOLIS A long-term drought has struck more than two-thirds of Mexico’s farmlands, and environmentalists are warning that the situation is only going to get worse in the weeks ahead due to soaring temperatures, severe crop damage and impending water supply shortages. But as experts desperately try to sound the alarm that climate change is already taking a toll
Read more
By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador (AMLO), nearly three years into his six-year term, spoke to the nation in a televised address on Thursday, July 1, marking the third anniversary of his 2018 electoral victory. During the 40-minute address, AMLO showcased what he said were his administration’s most important successes and made predictions for
Read more
XINHUA Mexico’s gross domestic product (GDP) fell just 3.6 percent in the first quarter of 2021 year-on-year, the National Institute of Statistics and Geography (Inegi) said on Wednesday, May 26, revising its initial estimate of a 3.8 percent drop. According to a revised breakdown by economic segments, the services sector plummeted 4 percent between January and March of this year
Read more
XINHUA Private-sector analysts are now predicting that Mexico’s economy will grow 4.8 percent in 2021, up from the 4.5 percent previously projected, a survey by the Central Bank of Mexico (Banxico) announced Monday, May 3. For 2022, analysts maintained their forecast for Mexican gross domestic product (GDP) growth at 2.7 percent, according to the poll of 38 leading financial groups
Read more
XINHUA Private analysts estimated the Mexico’s economy will grow by as much as 4.5 percent in 2021, up from the 3.67 percent previously projected, a survey by the Central Bank of Mexico (Banxico) showed on Monday, April 5. For 2022, analysts slightly raised the forecast for Mexican gross domestic product (GDP) growth to 2.7 percent from 2.6 percent, according to
Read more
By ANTONIO GARZA, former U.S. ambassador to Mexico
Read more
By THE PULSE NEWS MEXICO STAFF The American Chamber of Commerce in Mexico (Amcham) said Friday, Feb. 5, that President Andrés Manuel López Obrador’s (AMLO) proposed electricity reform bill “represents a giant step backwards for the sector’s ability to compete, the nation’s state of law and sustainable development for the country.” In a written statement, the business organization pointed out
Read more
By THE PULSE NEWS MEXICO STAFF The new travel rules imposed by the U.S. government for persons entering that country from abroad — which include proof of having had a negative antigen covid test within 72 hours of arrival and subsequent quarantine for up to 10 days — have set off major alarm bells for Mexico’s already-moribund tourism industry. In
Read more
By KELIN DILLON As Mexico’s economy suffered greatly in 2020 as a consequence of the coronavirus pandemic, analysts are saying the forecast for the country’s economy in 2021 is just as dim. The nation faced increased rates of unemployment and lowered GDP in 2021 as covid cases surged throughout the nation. Little positive expectation should be put on Mexico to
Read more
XINHUA EDITORIAL Seventy-five years ago, tormented by the scourge of war that twice brought untold miseries to mankind, countries around the world joined hands and built an international order and system with the United Nations at the core. As the most universal, representative and authoritative international organization, the United Nations has now become the most important multilateral arena to promote
Read more