The plan will fund the development of four combined-cycle and seven hydroelectric plants across Mexico, which will help the country reach 99.99 percent electricity coverage nationwide
Read more
The Bank of Mexico has cut its interest rate to 9 percent amid cooling inflation, Mexico’s lowest interest rate since September 2022
Read more
Meanwhile, Mexican President Sheinbaum encouraged protests against the tariffs and said Mexico may seek alternative trade partners to the United States should the tariffs stay in place
Read more
The Texas-based refinery reported its first annual loss in 2024, highlighting operational challenges and broader issues in the financial performance of the Mexican state-owned oil company
Read more
During Flag Day commemorations, Sheinbaum also asserted Mexico’s sovereignty and independence amidst concerns over U.S. interference
Read more
By MARK LORENZANA Expect economic turbulence this year on a global scale, with “obvious effects for Mexico,” according to José Domingo Figueroa, the new president of the Mexican Institute of Finance Executives (IMEF), in an interview with Mexican daily newspaper Reforma on Monday, Jan. 2. Two of the biggest factors that will directly affect Mexico’s economy, according to Figueroa, are
Read more
An In-depth View of Mexico’s Economic Future
Read more
XINHUA Mexico’s economy continues to face risks that dampen its growth outlook, but there is the chance of a modest economic recovery in 2020, the central Bank of Mexico (Banxico) said in a press release. According to the details of the latest meeting of the bank’s five-member governing board, “the majority of the members indicated that in an environment marked
Read more
By RICARDO CASTILLO Opinion leaders in Mexico are calling the new path to private investment led by President Andrés Manuel López Obrador (AMLO) “crony capitalism,” claiming that now they will benefit from AMLO’s turn to the right, even if just a little bit. It must be pointed out that during his first year in office, he did not even enjoy
Read more
XINHUA … Banxico has downgraded its economic growth forecast for 2019 and 2020, citing weak production and uncertainty…
Read more