Mexico News Roundup
Tag Archives: J.P. Morgan
Mexico News Roundup
By RICARDO CASTILLO Government Downsizing The exact significance of politically oriented economic moves is inevitably in the eye of the beholder. This past week, there several events occurred in Mexico that have been interpreted according to different interests. Businessmen generally consider downsizing a natural move to make a company more profitable But in terms of government cuts, that same downsizing
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By RICARDO CASTILLO Don’t Whine Later! The programmed meeting of the Permanent Committee of the Mexican Congress to discuss the revamping of the administration’s Expenditures Bill has been postponed for at least two weeks due to the expanding coronavirus pandemic. Chamber of Deputies Majority Leader Mario Delgado Carrillo said that he had talked over the phone with Senate President Mónica
Read moreThe Mexican Recession that May Not Be
By RICARDO CASTILLO It’s the end of July and figures are beginning to trickle in regarding the state of Mexico’s economy. The first one landed on Friday, July 26, from the National Institute of Geography and Statistics (Inegi), which is the nation’s foremost authority in gauging financial and industrial trends and the news is not good since the Gross Domestic
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