Tag Archives: investment

Britain Opens Free-Trade Talks with Mexico

By THE PULSE NEWS MEXICO STAFF The British government on Friday, May 20, announced that it has begun preliminary negotiations with Mexico to establish a bilateral free-trade agreement. According to British Trade Minister Anne-Marie Trevelyan, using as a template the European Union-Mexico agreement that was negotiated over two decades ago, the United Kingdom, which ceased to be included in that

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Summit’s Success Hangs in the Balance

OPINION By THÉRÈSE MARGOLIS As a growing number of Latin America’s leftist leaders join forces, threatening to boycott the upcoming Ninth Summit of the Americas that is slated to take place in Los Angeles from June 6 through June 10, unless it includes the participation of Cuba, Venezuela and Nicaragua, the once-crucial hemispheric meeting could potentially become irrelevant. Both Mexican

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Nonprofit Group Hopes to Steer Investment to Latin America

PUBLIFIX BOGOTA, Colombia — Between Sunday, April 24, and Wednesday, April 27, the nonprofit Latimpacto is slated to host its first international conference in Cartagena, Colombia, to explore ways to jumpstart fresh investment in Latin America and the Caribbean. The multinational forum is aimed at bringing  together the most relevant actors in impact generation, including corporations, investment funds, grantmaking foundations,

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US Claims $10 Billion in Lost Investment with AMLO’s Energy Reform

By KELIN DILLON In a letter sent by U.S. Trade Representative Katherine Tai to Mexico’s Secretary of the Economy Tatiana Clouthier on Thursday, March 31, the United States has now claimed that Mexican President Andrés Manuel López Obrador’s (AMLO) controversial energy reform has put $10 billion of U.S. investment at risk, particularly when considering the United States-Mexico-Canada Agreement (USMCA) treaty.

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Mexico Facing Reduced Consumption, Less Investment

XINHUA Mexico is facing the risk of weaker domestic consumption and investment as the growth rate of global economic activity moderates, the country’s main financial authorities warned Wednesday, March 30. The Financial System Stability Council (CESF) said in a statement that global inflation continued on an upward trend, driven mainly by high food and energy prices. “In this environment, global

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US Ambassador Rebukes Mexico for Affinity with Russia

By THE PULSE NEWS MEXICO STAFF U.S. Ambassador to Mexico Ken Salazar reprimanded Mexico’s lower house Chamber of Deputies on Thursday, March 24, for launching a Mexico-Russia Friendship Group one day earlier with Moscow’s envoy Víktor Koronelli in tow. Speaking before the same parliamentarians, Salazar said that in the midst of Russia’s brutal invasion into Ukraine, “this sort of endorsement”

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Russian Envoy ‘Congratulates’ AMLO for Not Imposing Sanctions

By THE PULSE NEWS MEXICO STAFF Just as U.S. Secretary of State Antony Blinken was announcing that the Joe Biden administration had determined Russia had indeed committed war crimes in Ukraine, Russian Ambassador to Mexico Víktor Koronelli went before Mexico’s Chamber of Deputies on Wednesday, March 23, to “congratulate” the government of President Andrés Manuel López Obrador (AMLO) for not

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Bimbo: First Mexican Company to Suspend Sales in Russia

By THE PULSE NEWS MEXICO STAFF While the administration of Mexico’s leftist president, Andrés Manuel López Obrador (AMLO), refuses to take any diplomatic or commercial stance against Russia for its invasion into the sovereign nation of Ukraine, Mexico’s leading bread company, Grupo Bimbo, announced Monday, March 14, that it will suspend all sales and future investments in Russia. Bimbo is

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Mexican Economy Secretary Calls Increased Ties with China ‘Fruitful’

XINHUA Mexico and China have made significant gains from cooperation in trade and other areas since the establishment of bilateral diplomatic relations 50 years ago, Mexican Economy Secretary Tatiana Clouthier said last week. “We are very pleased” with the “significant achievements that have been cultivated over time,” Clouthier said in an interview with the Chinese news agency Xinhua. “China is

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