As Queretaro Booms with Data Center Development, Concerns Rise Over Long-Term Sustainability and Water Security In the scorching hot city of Queretaro, Mexico’s third most populous metropolitan area, a ticking time bomb is brewing. The insatiable demand for data center development, driven by multinational corporations seeking to capitalize on the region’s growing economic potential, has […]
Mexico and Italy agree to expand economic exchanges; celebrate 150 years of diplomatic relations
After Italy returned 101 archaeological pieces to Mexico, both countries agreed to expand economic exchanges and investments in strategic sectors. In the framework of the 150th anniversary of the establishment of diplomatic relations, both countries also agreed to deepen cooperation in areas of mutual interest. The Undersecretary of Foreign Affairs, María Teresa Mercado Pérez, met […]
Tariffs on Mexico and Canada Could Devastate Border Region, Economists Warn
The threat of tariffs by President-elect Donald Trump has sent shockwaves across the country, particularly in Texas’ southern border. If implemented, these tariffs could cripple trade between the US, Mexico, and Canada, leading to a significant increase in prices for imported goods, loss of jobs in the manufacturing and warehousing sectors, and a decline in […]
Profeco Identifies E-Commerce Platforms That Fail to Meet Promises
The Federal Consumer Protection Agency (Profeco) has analyzed several e-commerce platforms to determine which ones fulfill their promises, especially during high-demand seasons like Christmas and New Year. The analysis focused on five key points: delivery times, shipping and delivery quality, tracking information, product description, and possible non-compliance with product delivery. Profeco conducted the analysis by […]
FBI Warns Chrome, Safari And Edge Users During Black Friday Sales Online
The FBI has released a warning for online shoppers to be cautious during the holiday season, specifically on Black Friday and Cyber Monday. The agency has identified seven key points to watch out for when shopping online, which include: 1. Verifying the website’s legitimacy by checking the URL for “https” and a padlock icon in […]
BofA Sees Growth Potential in Mexico Despite Trump Tariff Threats
Bank of America (BofA) remains optimistic about its future in Mexico, anticipating benefits from nearshoring despite President-elect Donald Trump’s recent threats to impose tariffs on exports to the United States. Market Concerns Trump’s announcement earlier this week about potential tariffs on Mexico and Canada has unsettled markets and raised concerns about multinational investments in the […]
Quintana Roo Business Sector Concerned About Chinese Import Restrictions
Business leaders in Quintana Roo are expressing concern over impending restrictions on imports from China, a market that accounts for up to 30% of the state’s imports. Sergio León Cervantes, president of Entrepreneurs for Quintana Roo, reported that during a meeting with Paul Carillo, Secretary of Economic Development of Quintana Roo, it was revealed that […]
‘Undercover’ Chinese Cars: 13 Vehicles Manufactured in China and Sold by Traditional Brands
Chinese cars have been a hot topic recently, with new brands entering the Mexican market. However, some traditional automakers already sell cars manufactured in China under their own brands. General Motors Leads the Way General Motors, which includes brands like Chevrolet, GMC, and Buick, is the biggest user of Chinese manufacturing. Their most affordable models […]
The 10 countries that have brought the most foreign direct investment to Mexico
During the first half of the current year, 909.3 million dollars of new capital were raised in relation to Foreign Direct Investment (FDI), according to figures from the Ministry of Economy. This amount meant the worst result for the same period of comparison; this decrease is largely explained by a significant drop coming from the […]
Legal Uncertainty Surrounds La Rana Cansada, One of Playa del Carmen’s First Small Hotels
La Rana Cansada, one of the first small hotels in Playa del Carmen, is now embroiled in a legal battle that raises many suspicions. The hotel, which has changed owners only once since 1984, is at risk of losing its cultural legacy due to a contentious legal action. A Storied Past The hotel has a […]