Mexican Households Receive Record-Breaking Remittances of $59.5 Billion
The Bank of Mexico reports a historic influx of remittances to Mexican households. Workers abroad sent $59.5 billion to their...
January 2, 2025Section
Mexico News in English
Mexico news in English from The Rio Times — politics, economy, trade, energy and culture.
Temu and Shein’s Business Model Challenged by New Mexican Tariffs
Mexico's new year begins with a bold move that could reshape the e-commerce landscape. On January 1, 2025, the country's...
January 2, 2025
Oil Tycoon in the Making: Carlos Slim’s $1 Billion Gamble
Carlos Slim the Mexican telecom mogul who once dominated Latin American airwaves now sets his sights on black gold. Analysis...
January 1, 2025
Dollar Strength Pushes Mexican Peso to Yearly Low as 2024 Ends
The Mexican peso ended 2024 on a weak note against the U.S. dollar. Experts and the Bank of Mexico (Banxico)...
January 1, 2025
Mexican Peso Weakens in Year’s Penultimate Session
The Mexican peso started the last Monday of 2024 with a loss against the US dollar. Investors remained alert to...
December 30, 2024
Pemex’s U.S. Oil Exports Hit 35-Year Low in 2024
Pemex, Mexico's state oil company, faces a stark reality. Its crude oil exports to the United States have hit a...
December 30, 2024
Mexican Peso Weakens, Heading for Weekly Loss
The Mexican peso retreats against the dollar this Friday morning. The local currency falls in line with other Latin American...
December 27, 2024
U.S. Border Arrests Drop 76% in November
The U.S. Customs and Border Protection (CBP) reported a significant drop in migrant detentions. November saw 46,610 arrests
December 26, 2024
Pemex Falls Short on Fuel Production Promises in 2024
Pemex's fuel production lags behind its ambitious targets for 2024. From January to November, the state-owned oil company averaged 499,000...
December 26, 2024