Tag Archives: Scotiabank

US Envoy Warns AMLO’s Energy Reform Could Stall Investment

By THE PULSE NEWS MEXICO STAFF U.S. Ambassador to Mexico Ken Salazar — who in February stirred diplomat waters by contradicting the Joe Biden administration when he said that Mexican President Andrés Manuel López Obrador (AMLO) “is right” about his country’s energy sector requiring reforms — said Friday, March 18, that the president’s reform will discourage investment in Mexico. Salazar

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Additional Interest Rate Increases Expected from Banxico

By THE PULSE NEWS MEXICO STAFF After Mexico’s Central Bank (Banxico) shocked financial markets with a surprise .25 interest rate hike on Thursday, June 24, analysts are now predicting that the bank will issue additional increases this year to combat surging inflation, which reached more than 6 percent in May.Banxico raised its key rate to 4.25 percent in a split

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