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Tag: Mexico economy

RIO DE JANEIRO, BRAZIL - The Mexican government begins this year with new and controversial legislative battles with businessmen regarding employment, renewable energy, autonomous entities and the Bank of Mexico (Banxico), all of which could disrupt its plan for...
RIO DE JANEIRO, BRAZIL - President-elect Joe Biden's arrival in the White House is expected to bring a shake-up of US-Mexican cooperation in a bloody war on drugs that has failed to rein in powerful cartels, experts say. Mexico has...
RIO DE JANEIRO, BRAZIL - Mexico's vehicle production and exports fell in 2020 as a result of the novel coronavirus pandemic, the National Institute of Statistics and Geography (INEGI) announced on Friday, January 8th. In 2020, Mexico produced 3,040,178 vehicles,...
RIO DE JANEIRO, BRAZIL - Mexican consumer price inflation stood at 3.15% in the year through December, the national statistics agency said on Thursday, January 7th, in line with the central bank’s target range and opening up the door...
RIO DE JANEIRO, BRAZIL - The domestic tourism industry has been one of the most affected by the pandemic; however, Mexican destinations such as Cancún, Acapulco, CDMX, Puerto Vallarta and Oaxaca, have managed to stay active and dominate the...
RIO DE JANEIRO, BRAZIL - The Mexican economy was boosted by exports of raw minerals-metallurgical products, which saw a 24% increase year-over-year, food-beverages-tobacco products (18.8%), and plastic-rubber products (11.4%). Exports rose 2.3% to US$38.32 billion, compared to the same period...
RIO DE JANEIRO, BRAZIL - Mexican President Andres Manuel Lopez Obrador said on Saturday, January 2nd, that Mexico had lost 277,000 jobs in the month of December, which he attributed to subcontractors cutting employees from the books to avoid...
RIO DE JANEIRO, BRAZIL - Deadly for some, opportunity for others. The covid-19 crisis pushed many small and medium businesses to sell online; the same push affected millions of consumers, who, driven by fear or need, made electronic commerce...
RIO DE JANEIRO, BRAZIL - Mexico’s government has issued new regulations to limit the ability of private firms to import fuel, according to a federal decree, fanning concerns that the move may unduly benefit state-owned oil company Petroleos Mexicanos...

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