Amazon is set to invest $5 billion in Querétaro, establishing a digital region that will generate more than 7,000 jobs annually, according to Secretary of Economy Marcelo Ebrard. During the “Las mañaneras del pueblo” conference, Ebrard emphasized the significance of this investment for the state, the country, and the entire continent. The project involves the […]
Funds in Mexico make biggest gains of a decade: assets grow 25% last year
Investment funds in Mexico had a “round year” in 2024, recording their largest growth of the decade in assets under management, both in terms of percentage and absolute variation in resources. According to statistics published on the website of the Mexican Association of Stock Market Intermediaries (AMIB), the total assets of Mexican funds closed last […]
Mexico presents a plan to become the world’s tenth largest economy despite Trump
President Claudia Sheinbaum launched the ‘Mexico Plan’ on Monday, a strategy together with the private sector to make the Mexican economy reach the top 10 worldwide and achieve at least 277 billion dollars of investments despite the measures of the next Donald Trump government in the United States. “These are ambitious goals, for example, going […]
10 Political risks that darken Mexico’s economic outlook in 2025: Integralia
This week, the consulting firm Integralia released an analysis of 10 political risks for 2025, which highlights a challenging outlook for Mexico, characterized by the concentration of power, legal uncertainty, and external factors that could alter the country’s economic and social stability. The report warns of the possible impacts that these risks will have on […]
Cozumel to Receive Tax Incentives by End of January
The decree for tax incentives on the island of Cozumel, announced by Governor Mara Lezama at the end of 2024, is expected to be ready and published by the end of January. This initiative aims to boost the island’s economic development, providing direct benefits to families and businesses. Governor Lezama explained that the process is […]
MEXICAN PESO UNDER PRESSURE: Banxico’s Dovish Shift and US Fed’s Conservative Outlook Weigh on Currency
The Mexican Peso took a hit on Thursday as the Banco de Mexico (Banxico) hinted at faster interest rate cuts, potentially up to 150 basis points (bps), in upcoming meetings. This dovish shift has raised concerns about the interest rate differential between Mexico and the US, which could lead to further depreciation of the Peso. […]
The Retirement Trap: 45% of Americans Risk Broke at 65 – Avoid These 3 Financial Mistakes
Early retirement may be within reach, but financial missteps can derail your plans. Learn how to avoid costly errors and secure a comfortable retirement. As the traditional retirement age of 65 looms closer, many Americans are eager to hang up their hats and enjoy the fruits of their labor. However, a sobering reality check reveals […]
Google Offers 9 Free Engineering Degrees: How to Apply
Google is offering free access to engineering programs to train future professionals. Here’s how to sign up for the Google Cloud platform. Google has launched a series of free training programs available to the public. These virtual and autonomous learning opportunities are designed for anyone interested in acquiring relevant skills in the technological world, as […]
Trump’s arrival could slow Sheinbaum’s approval ratings: Banamex
On the eve of Donald Trump’s inauguration as President of the United States, Banamex’s political analysis area pointed out that the arrival of the Republican could represent a brake on the approval ratings of President Claudia Sheinbaum. The institution highlighted, in a special note as part of its daily economic report, that the president closed […]
Mexican Government Launches “Olinia” to Boost Electric Vehicle Production
The Mexican government has announced the creation of Olinia, the first national manufacturer of electric vehicles designed by Mexican engineers. This ambitious project aims to revolutionize urban mobility by providing accessible, sustainable, and safe transportation solutions for millions of citizens. Three Types of Electric Vehicles Roberto Capuano Tripp, head of the Sustainable Development Project for […]