Mexico sees significant drop in poverty from 2018-2022 despite pandemic
From 2018 to 2022, Mexico witnessed a decline in its poverty-stricken population from 51.9 million to 46.8 million, even amid...
August 11, 2023Topic
Mexico
Banxico keeps interest rate at record 11.25% amid inflation concerns and global trends
For the third consecutive time, the Bank of Mexico (Banxico) has kept its interest rate unchanged at 11.25%, a record...
August 10, 2023
Mexico’s FM: Sending Arms to Ukraine Doesn’t Help Peace
During her official visit to Washington, Mexican Foreign Minister Alicia Bárcena expressed concerns about Western nations' ongoing supply of weapons...
August 10, 2023
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, 2023
Mexico’s inflation records six-month decline and stands at 4.79% in July
Mexico's inflation has been decelerating for the past six months, registering a rate of 4.79% in July, the lowest since...
August 9, 2023
Mexico’s navy takes control of key airports to boost security
The Mexican Government has officially transferred control of the Mexico City International Airport (AICM) to the Navy (Semar).
August 9, 2023
Extinction warning for the Mexican vaquita porpoise
On August 8th, the International Whaling Commission (IWC) released its first extinction alert concerning the vaquita porpoise. According to the...
August 9, 2023
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
Relocation to Mexico boosts manufacturing and real estate sectors, Fitch reports
According to Fitch Ratings, the shift of global value chains towards Mexico benefits non-financial corporations, local manufacturers, and the industrial...
August 8, 2023