By MARK LORENZANA Just as Mexico’s inflation rate rose to 7.99 percent in June of this year, the U.S. financial services rating agency Standard & Poor’s (S&P) in its Global Ratings report on Wednesday, July 6, revised the outlook on its long-term ratings on Mexico from negative to stable. In addition, the S&P Global Ratings affirmed the country’s credit rating
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OPINION By IÑIGO FERNÁNDEZ BAPTISTA Part of an ongoing series from the Wilson Center* In 2006 — more than 16 years ago — in the midst of the bird flu, Jeffrey Staples published an article in Harvard Business Review stating that a pandemic could become the single greatest threat to business continuity. That prediction took solid form with the covid-19 pandemic
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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
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OPINION By RICARDO CASTILLO For four Mexican opposition political parties, it is the lull before the storm, scheduled for Sunday, June 5, when elections for governor will be held in six states. For sure the leaders of those parties are keeping up the competitive spirit, claiming the candidates they support will come out victors, a hope contenders claim is wishful
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By THE PULSE NEWS MEXICO STAFF While Mexican President Andrés Manuel López Obrador (AMLO) continues to defend his unilateral decision earlier this month to hire 500 Cuban doctors at higher salaries than those paid to their Mexican counterparts, according to the World Health Organization (WHO), the country already has enough physicians without having to import more. According to the WHO,
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By THE PULSE NEWS MEXICO STAFF According to the National Institute of Statistics and Geography (Inegi), inflation in Mexico hit 7.45 percent in March, its highest level in 21 years. The annual inflation rate for the third month of the year was higher than the 7.28 percent reported in February, and exceeded the 7.38 percent forecast by the Bank of
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XINHUA The growing geopolitical conflict resulting from Russia’s invasion into Ukraine has exacerbated uncertainty surrounding Mexico’s economy, the Mexican Institute of Finance Executives (IMEF) said on Tuesday, March 15. In its monthly analysis, the private-sector IMEF said that the global economic landscape changed notably due to the Russia-Ukraine conflict, the impact of which is still to early to gauge. IMEF
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By THE PULSE NEWS MEXICO STAFF Although Mexico exports crude oil, it is a net importer of carbon-based fuel, meaning that it imports more oil products than it imports. Consequently, the surging price of international oil, and by extension, all oil-based products, such as gasoline, will negatively impact Mexico’s finances, Janneth Quiroz Zamora, deputy director of economic analysis at the
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By THE PULSE NEWS MEXICO STAFF Mexico’s National Consumer Price Index (INPC) registered 7.28 percent at the annual rate in February, its first rise after two consecutive months with declines, the National Institute of Statistics and Geography (Inegi) reported on Wednesday, March 9. This was the INPC’s highest level since 2000, when it was placed at 10.52 percent. The February
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By JUAN DE JESÚS BREENE Most people would agree that the most essential function of a government is to provide safety and security to its citizens. In Mexico, you would be hard pressed to find anyone who says the government is doing well when it comes to offering safety. Recent polls conducted by Mexico’s National Institute of Statistics and Geography
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