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Mexico

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 close. Analysts from Natwest Markets and...

América Móvil Seizes Growth Opportunity in Chile Amid Industry Shake-Up

América Móvil, a dominant force in Latin American telecommunications, is strategically positioning itself to capitalize on the turmoil surrounding its Chilean competitor, WOM. Daniel Hajj, CEO of América Móvil, recently highlighted the potential for significant...

Mexico Grapples with Significant Fiscal Challenges Unseen Since the 1980s

As 2024 unfolds, Mexico confronts fiscal challenges reminiscent of the difficulties last seen in the 1980s. The local economy's cooling has alarmed the Mexican Institute...

Zombie Drug Xylazine Complicates Mexico’s Opioid Crisis

In Mexico, health officials have issued a stark warning about Xylazine, a veterinary sedative...

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...

Ecuador’s Embassy Raid Sparks Outrage

Latin America faces heightened tensions following the breakdown of diplomatic relations between Mexico and Ecuador. The situation escalated when Ecuadorian police breached the Mexican embassy...

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, its strongest position since...

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...

Mexico Upholds Asylum Rights for Ecuador’s Glas, Defying Diplomatic Pressure

Amid rising diplomatic tensions, Mexico has granted political asylum to Jorge Glas, Ecuador's former...

Diplomatic Tensions Rise as Ecuador Expels Mexican Ambassador

This night Ecuador took a decisive diplomatic step by declaring Raquel Serur Smeke, the Mexican...

Mexico’s Budget Balloons as AMLO Prepares for Election

Mexico's President Andrés Manuel López Obrador (AMLO), known for his initial fiscal conservatism, has shifted gears dramatically. He's increased government...