Mexico Leads Decline in Oil Production Globally
According to the IEA’s “Oil 2024, Analysis and Forecast to 2040” report, Pemex has only produced an average of 1.5 million barrels of oil per day since February 2024
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Mexico News Roundup
By RICARDO CASTILLO Bleak Outlook on Poverty There is no question that Mexico’s gross domestic product will plummet this year. The question is how much it will fall, and guesses range from between 5.7 percent to 10.5 percent. A recent study by the National Council for the Evaluation of Social Development (Coneval) presented two different economic scenarios for the rest
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By RICARDO CASTILLO U.S. OKs Anti-Covid-19 Exports to Mexico, Canada The U.S. export prohibition of anti-Covid-19 personal protection equipment to Mexico and Canada has been lifted, according to a memo issued by the U.S. Customs Border Protection Agency. The ban included ventilators, mouth covers and balloons, which can now be acquired by Mexico. On Tuesday, April 14, Mexican President Andrés
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By RICARDO CASTILLO Frustrated Entrepreneurs Business and politics have intentionally been kept centralized in Mexico City for decades in Mexico. But that arrangement seems to be falling apart as a result of the divide between commerce and industrial chambers leaders, specifically, Carlos Salazar Lomelín of the Business Coordination Council (CCE), Francisco Cervantes of the Industrial Chambers Confederation (Concamin) and Antonio
Read moreUS Will Help Mexico Meet Oil Production Cutback
XINHUA Mexican President Andrés Manuel López Obrador announced on Friday, April 10, that U.S. President Donald Trump has agreed to help Mexico comply with cuts to oil production required by the Organization of Petroleum Exporting Countries (OPEC). Mexico has promised a reduction of 100,000 barrels of crude oil per day in the OPEC negotiations, and the United States has dedicated
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By RICARDO CASTILLO Two Women’s Days It’s not amazing, given the nature of the brutality of some Mexican machos, to be witnessing the enormous support the two days of protest by Mexican women is getting just about from everywhere. You name it, social groups, universities, government secretariats (like Education, no classes on Monday, March 9) and entrepreneurial groups have all
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