By THÉRÈSE MARGOLIS The Bank of Mexico (Banxico) lowered it predicted 2019 GDP growth rate for Mexico on Wednesday, Feb. 27, from between respectable 1.7 and 2.7 percent to an unexceptional 1.1 to 1.2 percent on Wednesday, Feb. 27. Citing a variety of causes from a global economic slowdown to internal factors such as fuel shortages (due to a nationwide
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By DANIEL F. RUNDE and EARL ANTHONY WAYNE (The following is an abbreviated version of a brief written for the Center for Strategic and International Studies (CSIS) in Washington, D.C. It is being republished in Pulse News Mexico with specific prior permission.) THE ISSUE A precipitous U.S. withdrawal from Afghanistan would endanger many of the social, political, economic and health gains that
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By THE PULSE NEWS MEXICO STAFF CitiBanamex, Mexico’s second-largest bank, issued a statement on Tuesday, Jan. 15, stating that the current gasoline shortage resulting from President Andrés Manuel López Obrador’s (AMLO) nationwide offensive against fuel robberies will translate into a loss of nearly 24 billion pesos in the nation’s 2019 Gross Domestic Product (GDP). That figure represents about .1 percent
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By THÉRÈSE MARGOLIS With a geographic distance of more than 14,500 kilometers separating his country from Mexico, a diplomatic staff of just one, and a suffering export economy that is struggling to diversify its garment- and leather goods-heavy portfolio (representing roughly 80 percent of all overseas sales) in a global market that is rapidly being devoured by China, Bangladeshi Ambassador to Mexico
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