Mexican government acquires Mexicana de Aviación for US$48 million: settling a 13-year armed forces dispute
The Mexican government has acquired Mexicana de Aviación, a national airline, for $48 million.
August 10, 2023Topic
mexico economic news
Strong Mexican peso could impact public finances, experts say
In 2023, the Mexican peso's appreciation against the US dollar could have significant ramifications for both the economy and public...
August 9, 2023
BlackRock report points to strong performance of emerging markets
Research from BlackRock Inc. suggests that assets from emerging markets consistently outperform those from developed economies amidst ongoing shifts in...
July 19, 2023
Fitch lowers credit rating of Pemex to B+
Fitch Ratings announced a revision of its credit rating on Petróleos Mexicanos (Pemex), lowering it to "B+" from "BB-".
July 15, 2023
Mexican economy faces modest growth amid worries of U.S. recession
The Mexican Institute of Finance Executives (IMEF) has stated that Mexico's economy is experiencing a phase of cautious expansion, which...
July 4, 2023
Unfulfilled USMCA promise: China’s influence grows as manufacturers choose Mexico over the U.S.
Three years after the implementation of the United States-Mexico-Canada Agreement (USMCA), tensions with China have brought the trade bloc into...
July 3, 2023
Mexico emerges as a leading nearshoring destination, outpacing Asian countries and the United States
Mexico has surpassed low-cost Asian countries and the United States in nearshoring, as highlighted by a recent analysis conducted by...
June 25, 2023
Nearshoring to Mexico fuels economic growth and multiplying effects, Santander reports
Banco Santander has highlighted that the process of relocation, known as "nearshoring," to Mexico by certain companies is generating a...
June 22, 2023
Fitch affirms Mexico’s sovereign rating at ‘BBB-‘ with stable outlook
Fitch rating agency announced on Friday that it had affirmed Mexico's credit rating at 'BBB-' with a stable outlook, citing...
June 17, 2023