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OPEC: Oil production in Mexico will fall during 2023

Oil and liquid hydrocarbon production in Mexico will fall by 2% or 40,000 barrels per day during 2023, due to the decline of mature...

Mexico files a second lawsuit in the US against arms manufacturers

The Mexican government filed a second lawsuit in US courts against US arms manufacturers for alleged arms trafficking, according to Mexican Foreign Minister Marcelo...

International tourism in Mexico grows 11.5% year-on-year in August

International tourists who visited Mexico totaled more than three million people in August 2022, which represents a year-on-year increase of 11.5%, reported the National...

Brazil and Mexico lead Latin America’s natural gas production

Natural gas prices have increased since the Russian military operation in Ukraine began. After months of fights and threats, Russia decided to cut the...

Inflation in Mexico remains unchanged at 8.7% in September

According to a report released on October 7 by the National Institute of Statistics and Geography (INEGI), Mexico's National Consumer Price Index (NCPI) registered...

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...

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