Tag Archives: investment

Mexico Ranks Second Worldwide in Capital Flight

By THE PULSE NEWS MEXICO STAFF Mexico placed as the country with the second-highest rate of capital flight in February, according to a report released earlier this week by the U.S. Treasury Department. In total, $11.531 billion in government bonds and corporate securities left the country in February, the Treasury Department said. Only Brazil registered a higher rate of capital

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US Embassy Announces Recruitment for 2021 Investment Summit

By THE PULSE NEWS MEXICO STAFF U.S. Embassy ad interim Chargé d’Affaires in Mexico John S. Creamer announced  Thursday, March 11, that the embassy is recruiting companies to join the Mexico business delegation to participate in the 2021 SelectUSA Investment Summit in June. The Investment Summit promotes the United States as the world’s premier investment destination and connects qualified foreign firms with U.S. economic

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American Chamber Calls AMLO’s Power Bill Giant Step Backwards

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

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Mexico’s Economy Faces Faltering Recovery

XINHUA The Mexican economy faces a “faltering” recovery process with a tendency toward weakness, especially in the manufacturing sector, the Mexican Institute of Finance Executives (IMEF) said Tuesday, Dec. 1. In its monthly economic analysis, the private sector institute noted that the IMEF manufacturing index declined 1.1 points in November compared to the previous month, to settle at 48.5 units,

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Austria Fêtes National Day Virtually

By THÉRÈSE MARGOLIS Monday, Oct. 26, is Austria’s official national day, but because of the still-surging covid-19 pandemic, Austrian Ambassador to Mexico Franz Josef Kuglitsch and his wife Maria Kuglitsch will not be offering their traditional diplomatic reception to mark the day this year. Notwithstanding, Kuglitsch, who will be retiring and returning home to Vienna in January, did send out

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