Beaches of Ixtapa Zihuatanejo, Guerrero, expect to receive 300 thousand tourists on vacation
The holidays have not officially begun yet, but there is already movement in Ixtapa Zihuatanejo. The tourist guides have started the tours, activating the economy and testing the other services in preparation for the summer holidays. “We have already been trained. I think that more or less the same standard is used in all the […]
Strong peso discourages new Americans from moving to Mexico
“Neither of us had ever been there before, but I read a blog post and thought it was great,” she says, “during those three days we found a beach house and talked to a real estate agent. We were shocked at how affordable it was, especially considering we were living in San Diego at the […]
Mazatlán attracts congressmen for its tourist attractions and its Carnival
Carolina Ruelas, Queen of the Mazatlán International Carnival 2024; Siu Ling Cotero, Queen of the Floral Games and the current King of Joy, Héctor Limón, headed the main attraction of Buenos Aires, at the inauguration of the International Congress of Surgery for Obesity and Metabolic Diseases The sovereigns proudly wore their ostentatious royal costumes that […]
52 Mazatlán police officers are being investigated for police abuse
The Internal Affairs area of the Mazatlán Public Security Secretariat opened an investigation against 52 members of that corporation of both sexes, accused of stealing 20 thousand pesos and cell phones from employees of a chicken business, who were beaten and two of them sent to jail. The agents, aboard seven patrol cars, arrived at […]
“Right now, these prices are not enough”: this is how inflation is experienced in shops and restaurants in Mexico
Better buy cans Luis Gomez, 62, pays 1,500 pesos for a box with 20 kilos of chayote. He sells it for 100 pesos, making a profit of only 500 pesos in the three days it takes to sell it. “Right now we have a super peso and with these prices it is not enough for […]
Mexico in new mining dispute: Canadian company demands 200 million dollars from the government
The Canadian mining company Almaden Minerals, which operates in Mexico under the subsidiary Minera Gorrión, has initiated an international arbitration procedure against the Government of Andrés Manuel López Obrador, claiming compensation of 200 million dollars for the economic damages caused by the cancellation of mining concessions for exploitation in Ixtacamaxtitlán, in the Sierra Norte of […]
Going abroad? Here’s what you can bring back tax-free
If your vacation plans this summer include traveling outside of Mexico, keep in mind that not all items you buy during your stay abroad are exempt from paying taxes. That’s right, the Tax Administration Service (SAT) may kindly ask you to pay taxes on certain products. But don’t worry, because the tax authority itself has […]
The eagle flies with the dragon: What are the products that Mexico buys the most from China?
Mexico is in the middle of a ‘dance of tariffs’ between the United States and China, the two largest economies on the planet, due to the announcement of new tariffs on Asian steel and aluminum. The Joe Biden government believes that Xi Jinping and Chinese companies use unfair practices to export their overproduction of steel […]
BlackRock rules out a cycle of rate cuts from the Bank of Mexico
The Bank of Mexico’s monetary policy will remain restrictive for some time, given that inflation continues to run above its target, but the bank is likely to make a slight downward adjustment in August to the cost of borrowing, a BlackRock executive said on Thursday. Banxico, as the Mexican central bank is known, kept its […]