Tag Archives: Xinhua

Mexico Makes Down Payment on Covax Vaccines

XINHUA Mexico has paid an advance of $159.8 million to guarantee the purchase of a successful vaccine against the novel coronavirus (covid-19) through the Covax initiative, Mexico’s Foreign Relations Secretariat (SRE) announced on Saturday, Oct. 10. According to SRE, Mexico transferred the funds and presented risk guarantee documents for another $20.6 million to Gavi, the Vaccine Alliance, which coordinates the

Read more

Citibanamex: Mexican Economy Won’t Recover until 2025

XINHUA The Mexican economy is facing a multi-year recovery, with experts predicting the country will not return to the productivity levels of 2018 until mid-2025 due to the impact of the novel coronavirus (covid-19), the Citibanamex Financial Group said Thursday, Oct. 8. Notwithstanding, the private institution’s forecasts improved for 2020, with a prediction of a 9.8 percent drop in the

Read more

Mexico to Participate Virtually in China Expo

XINHUA Mexican entrepreneurs are preparing to virtually showcase their goods at the upcoming third China International Import Expo (CIIE) amid the COVID-19 pandemic. This is one of the multiple advantages of participating in the expo virtually in order “to attract potential buyers of high-quality Mexican products,” said Agustin Garcia Rechy, director of Asia and Oceania at the Mexican Business Council

Read more

Mexican Exports Up Nearly 5 Percent in August

XINHUA Mexico’s exports grew by 4.88 percent in August compared to July, marking the third month in a row of growth after dropping due to the novel coronavirus (covid-19) pandemic, the National Institute of Statistics and Geography (Inegi) said on Monday, Sept. 28. Exports totaled $37.047 billion in August compared to $35.324 billion the previous month, according to seasonally adjusted

Read more

Mexicans Migrants Turn to Home Remedies for Covid-19 Treatment

XINHUA Mexican migrants to the United States have been treating covid-19 infections using home remedies due to lack of access to health services, according to a recent analysis from Mexico’s Interior Secretariat (SeGob). Published by SeGob’s Immigration Policy Unit in mid-September, the report said that the pandemic has caused greater complications such as job loss and restrictive government policies. It

Read more

Inflation in Mexico Jumps to 4.1 Percent

XINHUA Inflation in Mexico reached 4.1 percent in the first half of September, driven by the price of agricultural products, the National Institute of Statistics and Geography (Inegi) reported on Thursday, Sept. 24. In the first half of the month, the National Consumer Price Index (INPC) grew 0.16 percent compared to the previous two-week period, according to Inegi. In the

Read more

Mexico to Formally Join Vaccine Scheme

XINHUA Mexico will formalize its participation in the Covax Facility, a global initiative to ensure equitable access to any vaccines against the novel coronavirus (covid-19), Foreign Relations Secretary Marcelo Ebrard announced on Tuesday, Sept. 23. “It would be Mexico’s first, so to speak, binding contract for access to vaccines against covid-19,” Ebrard said at a press conference, accompanied by President

Read more

Multilateralism Matters

XINHUA EDITORIAL Seventy-five years ago, tormented by the scourge of war that twice brought untold miseries to mankind, countries around the world joined hands and built an international order and system with the United Nations at the core. As the most universal, representative and authoritative international organization, the United Nations has now become the most important multilateral arena to promote

Read more
« Older Entries Recent Entries »