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Mexico is rearming and plans to have the largest defense budget in its history by 2023

Mexico's Ministry of Defense (Sedena) will have the largest budget in its history in 2023. This year, subject to congressional approval, the Mexican government has...

Mexico: At least eighteen dead after mass shooting

Mexico has seen another brutal incident of gun violence. Shooters opened fire at the town hall of San Miguel Totolapan on Wednesday, October 5,...

Mexico’s Senate approves country’s militarization

On Wednesday, October 5, Mexico's Senate gave the "green light" to the constitutional reform that confirms the presence of the Armed Forces on the...

Armed group kills 18 people, including mayor of Guerrero municipality in Mexico

An attack by armed men on the municipal palace and homes in the municipality of San Miguel Totolapan in the Tierra Caliente region of...

Chinese technology supports Mexico’s electromobility progress in heavy-duty vehicles

In a bid to advance electric mobility in Mexico, Chinese company Build Your Dreams (BYD) delivered the first order of all-electric semi-trucks to its...

Mexico, Argentina, and Brazil: the countries that will pay for the West’s imprudent policy

The constant hikes in interest rates are an "imprudent" policy that will take its toll, mainly on developing countries. According to an official document from...

IMEF forecasts slower economic growth in Mexico

The Mexican economy is expected to grow at a less dynamic pace in the second half of 2022 as the manufacturing sector loses strength...

Latin American weekly agenda: Inflation in Mexico, Chile, and Colombia; rates in Peru

This week, markets will look for key economic and political data releases in Latin America. The presidential elections in Brazil and the monetary policy...

Mexico increases purchases of meat and grains from Brazilian producers

From January to August 2022, shipments of agricultural products from Brazil to Mexico have taken flight. The value of rice and poultry imports alone have...

Mexico’s central bank raises interest rate to all-time high

The Board of Governors of Mexico's Central Bank (Banxico) voted unanimously to raise interest rates to a record high of 9.25%. This marks the third...

Asian investments could help Mexico weather U.S. recession, says Comce

The investments that some companies are making in Mexico by moving their production from Asia could help the Latin American country weather a possible...

Liquefied natural gas for Europe: Mexico plans an LNG hub

Mexico plans to build a hub to export liquefied natural gas (LNG) in the Gulf of Mexico, worth between US$4 and US$5 billion. According to...

Mexico’s exports increase 18.9% between January and August

Mexico's exports rose 18.9 percent year-on-year between January and August, driven by oil and manufactured goods shipments, the National Institute of Statistics and Geography...

Mexico’s auto industry needs tax incentives to accelerate transition to electric mobility

According to leaders of the critical economic sector, Mexico's auto industry needs tax incentives to accelerate the transition to electric mobility. The executive president of...

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