Mexico’s Economy

Mexican government has poorly allocated resources to contain the coronavirus

MEXICO –  Mexico remains among the five countries in Latin America with the lowest public spending to contain the impact…

13 July, 2020

Mexico loses 1,113,000 jobs due to COVID-19

13 July, 2020

MEXICO –  The COVID-19 pandemic left a balance of 1, 113, 677 formal jobs lost in the first half of…

Mexico lost more than 12 million jobs in two months

10 July, 2020

MEXICO –  In Mexico, more than 12 million jobs were lost, (formal and informal jobs), in the months of April…

Mexico’s inflation rate rose to 3.33% during June

9 July, 2020

MEXICO – During June, the National Consumer Price Index (INPC) registered a variation of 3.33% at an annual rate, the…

Siemens Energy arrives in Mexico

7 July, 2020

MEXICO – Siemens decided to separate its energy division to create a new company that will be called Siemens Energy…

FDI in México Faces Challenges & Opportunities

3 July, 2020

A strategic element of the Mexican economy By Ivan Iglesias Mexico is one of the emerging countries most open to…

Specialists forecast a 8.97% GDP fall in 2020

1 July, 2020

MEXICO – The collapse of the Mexican economy in 2020 will be 8.97% according to the average of the GDP…

CRE laying off 40% of staff amid the Covid-19 pandemic

30 June, 2020

MEXICO – The Energy Regulatory Commission (CRE) recently made a massive cut which includes 40% of its staff, according to…

Mexican retailer Grupo Famsa looks for Chapter 11 protection

26 June, 2020

MEXICO – Grupo Famsa, a retail sector firm, has filed for bankruptcy protection in the United States, according to a…

Iberdrola is willing to reach an agreement with the Mexican government: AMLO

25 June, 2020

MEXICO CITY – President Andrés Manuel López Obrador (AMLO) said in a statement that the managers of the Spanish company…

Canacintra expects the loss of 19 million jobs amid Covid-19

24 June, 2020

MEXICO – Due to the absence of government stimuli during the Covid-19 pandemic, Mexico will be the country that will…

Iberdrola cancels US$1.2 power project in Mexico

24 June, 2020

TUXPAN – The Spanish company Iberdrola canceled the project to build a new combined cycle thermal power plant in Tuxpan….

Judge ordered definitive suspension to section 1 of the Maya Train

23 June, 2020

CHIAPAS –  Second District judge based in Chiapas granted the definitive suspension of the works of the Maya Train within…

AICM’s recovery could take about five years: Grupo Aeroméxico

23 June, 2020

MEXICO CITY – The Mexico City International Airport recovery (AICM) of the air traffic levels it had in 2019 will…

Jalisco forecasts the arrival of a US$400 million investment

22 June, 2020

GUADALAJARA – Despite the global economic crisis generated by the Covid-19 pandemic, Foreign Direct Investment (FDI) has not stopped reaching…

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