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Mexico

BYD’s Strategic Launch in Mexico Revolutionizes Truck Industry

BYD Co., a leader in China's electric vehicle production, is set to launch the BYD Shark in Mexico on May 14, 2024. This event marks...

Mexico’s Migration Drop: A 50% Decrease in Flow to the U.S.

Mexican President Andrés Manuel López Obrador (AMLO) announced a 50% reduction in the flow of migrants heading to the United States. This significant decrease follows a crisis in December 2023, when 12,000 migrants attempted to...

Mexico Faces Energy Crisis Amid Scorching Heat Wave

Mexico grapples with an energy crisis as scorching heat waves drive electricity consumption to unprecedented levels. Rolling blackouts now disrupt life in both bustling cities...

Banxico Holds Interest Rate Steady at 11% Amid Inflation Concerns

The Bank of Mexico (Banxico) decided to keep its interest rate unchanged at 11%,...

Tensions Rise as Mexico Faces Inflation Spike Before Central...

In April 2024, Mexico's markets buzzed with activity as inflation unexpectedly rose for a second month, just before Banxico's...

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 riveting debate on television. Gálvez, representing...

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 Records Remarkable Trade Surplus in March

In March, Mexico showcased a notable turnaround in its economic performance, registering a significant...

Mexico’s Oil Output Dips Amid Field Challenges

Mexico faces declining oil production, primarily from the Ku offshore and Quesqui terrestrial fields, both...

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,...