Mexico
Mexico Records Remarkable Trade Surplus in March
In March, Mexico showcased a notable turnaround in its economic performance, registering a significant trade surplus of $2.098 billion.
This marked a dramatic shift from...
Pemex Profits Plummet 92% in Early 2024
In the first quarter of 2024, Petróleos Mexicanos (Pemex) experienced a significant financial downturn.
Profits plummeted by 91.7%, falling from MXN 56.735 billion ($3.40 billion) in early 2023 to just MXN 4.682 billion ($280.69 million)...
Mexico’s Oil Output Dips Amid Field Challenges
Mexico faces declining oil production, primarily from the Ku offshore and Quesqui terrestrial fields, both vital assets under state-run Petróleos Mexicanos (Pemex).
Recent figures from...
Mexico’s Rise in Neobanking: Following Brazil’s Footsteps
In the dynamic world of digital banking, Mexico emerges as a contender, mirroring Brazil's...
The Decline of Latin America’s Currency Rally
The Colombian peso's rally, mirroring the 15% increase seen in Mexico's peso in 2023, might be drawing to a...
Zombie Drug Xylazine Complicates Mexico’s Opioid Crisis
In Mexico, health officials have issued a stark warning about Xylazine, a veterinary sedative often dubbed "tranq dope" or "zombie drug."
This substance is now...
Mexico Escalates Diplomatic Row with Ecuador to International Court
Mexico has intensified a significant diplomatic conflict by bringing Ecuador before the International Court of Justice (ICJ) following a...
Mexico to File U.N. Complaint Over Ecuador’s Embassy Assault
Mexico plans to bring Ecuador before the United Nations due to a conflict ignited by an Ecuadorian police raid...
Historic Presidential Debate Marks Mexico’s Election Run-Up
In an unprecedented moment for Mexico, two female candidates took center stage in the...
Mexican Peso Climbs to New Heights, Outperforming Since 2015
On Friday, the Mexican peso demonstrated remarkable resilience, closing at 16.46 against the US dollar,...
Mexico Ends Diplomatic Relations with Ecuador After Embassy Incident
Former Ecuadorian Vice President Jorge Glas's arrest at the Mexican embassy in Quito heightened Mexico-Ecuador tensions, cutting diplomatic ties.
Convicted...
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