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Mexico

Challenges Ahead: Pemex’s Declining Oil Production

As 2024 approaches, Petróleos Mexicanos (Pemex), led by CEO Octavio Romero Oropeza, braces for a downturn in oil production, an issue pressing both economically...

Pemex Hits Historic Low in Oil Exports

Petróleos Mexicanos (Pemex), Mexico's state-run oil giant, dramatically reduced its crude exports to unprecedented levels. This strategic shift supports the government's plan to refine more oil domestically, including at the new Dos Bocas refinery. In March...

Mexico’s Economy Grows 2% in Early 2024

During the concluding months of President Andrés Manuel López Obrador's administration, Mexico's economy expanded by 2%. This increase was propelled by significant public spending and...

Sheinbaum and Gálvez Engage in a Heated Debate Filled with Accusations

As the Mexican June 2 election nears, Claudia Sheinbaum and Xóchitl Gálvez delivered a...

Xóchitl Gálvez’s Decisive Moment in Mexico’s Presidential Debate

As the presidential debate on April 28 looms, Xóchitl Gálvez, the opposition candidate, prepares to challenge frontrunner Claudia Sheinbaum. Trailing...

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 landscape from six years ago,...

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...

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...

Zombie Drug Xylazine Complicates Mexico’s Opioid Crisis

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

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...