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…
Mexico loses 1,113,000 jobs due to COVID-19
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
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
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
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
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
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
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
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
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
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
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
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
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
GUADALAJARA – Despite the global economic crisis generated by the Covid-19 pandemic, Foreign Direct Investment (FDI) has not stopped reaching…
