Mexico
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%, halting its recent easing cycle. This move aligns with the expectations of many analysts surveyed by Citibanamex.
Banxico's monetary policy committee...
Tensions Rise as Mexico Faces Inflation Spike Before Central Bank’s Rate Decision
In April 2024, Mexico's markets buzzed with activity as inflation unexpectedly rose for a second month, just before Banxico's key rate decision.
The National Consumer...
Challenges Ahead: Pemex’s Declining Oil Production
As 2024 approaches, Petróleos Mexicanos (Pemex), led by CEO Octavio Romero Oropeza, braces for...
Pemex Hits Historic Low in Oil Exports
Petróleos Mexicanos (Pemex), Mexico's state-run oil giant, dramatically reduced its crude exports to unprecedented levels.
This strategic shift supports the...
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 significantly in the polls, Gálvez...
Mexico Records Remarkable Trade Surplus in March
In March, Mexico showcased a notable turnaround in its economic performance, registering a significant trade surplus of $2.098 billion.
This...
Pemex Profits Plummet 92% in Early 2024
In the first quarter of 2024, Petróleos Mexicanos (Pemex) experienced a significant financial downturn.
Profits plummeted by 91.7%, falling from...
Mexico’s Oil Output Dips Amid Field Challenges
Mexico faces declining oil production, primarily from the Ku offshore and Quesqui terrestrial fields,...
The Decline of Latin America’s Currency Rally
The Colombian peso's rally, mirroring the 15% increase seen in Mexico's peso in 2023, might...
América Móvil Seizes Growth Opportunity in Chile Amid Industry Shake-Up
América Móvil, a dominant force in Latin American telecommunications, is strategically positioning itself to capitalize on the turmoil surrounding...
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