Foreign remittances to Mexico reached new all-time high in July
Several family members live off a relative's remittances from abroad, and in many developing countries, these remittances account
September 2, 2022Topic
mexican economy
Lithium mining: Mexico establishes state-owned company
The Mexican government has created a state-owned corporation to extract and market lithium.
August 25, 2022
Inflation in Mexico reaches 21-year high; in Brazil, prices fall after Bolsonaro’s measures
Mexico's inflation accelerated broadly in line with analysts' estimates in July at the fastest pace since early 2001, while the...
August 10, 2022
Mexico and Brazil shine among the world’s stock markets
The Mexican and Brazilian stock exchanges, the largest in the Latin American region, ended the first half of 2022 with...
August 9, 2022
Mexico’s Central Bank raises benchmark interest rate to 7.75%
the Central Bank of Mexico (Banxico) raised its interest rate by 75 basis points to 7.75% to attenuate inflation at...
June 24, 2022
Credit Suisse warns of the ‘headache’ Brazil could give Santander in 2022
Credit Suisse analysts believe that Brazil is a source of uncertainty for Banco Santander. The bank has high exposure to...
December 27, 2021
Mexican 2nd quarter GDP grows 1.5% over Q1 2021, 19.7% over Q2 2020
Mexico's gross domestic product (GDP) grew by 1.5% in the second quarter of the year compared to the first quarter,...
July 30, 2021
Mexico’s Finance Secretary estimates economy could “easily” grow more than 5% in 2021
In 2020, the Mexican economy had its steepest contraction since the Great Depression and plummeted 8.5% at an annual rate,...
March 23, 2021
Mexico’s Foreign Minister Says Expects a Rise in Migration to the United States
Mexico’s Foreign Minister Marcelo Ebrard on Tuesday said he expects migration to the United States to increase and added his...
December 15, 2020