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
Read more
By THE PULSE NEWS MEXICO STAFF Despite repeated promises from President Andrés Manuel López Obrador (AMLO) of a 6-percent economic growth in 2021, Mexico registered a 0.2 percent contraction last quarter, marking three straight trimesters in a row of decline in the nation’s gross domestic product (GDP), according to statistics provided Wednesday, Jan. 19, by the National Institute of Statistics
Read more
XINHUA … Mexico’s economy underwent a recession in the first half of 2019 and stagnated in the third quarter…
Read more
By SILVIO CANTO, JR. Over the last few months, I’ve heard two things consistently from Mexican friends in the United States: First, President Andrés Manuel López Obrador (AMLO) is currently benefitting from a nice honeymoon with the Mexican people, and second, sooner or later, he is going to be tested when the economy starts to slow down. The point is that
Read more