There are undoubtedly many challenges, many that our country faced in 2018 and were not resolved, and new ones left by the now former president López Obrador. Oktoberfest is the festival celebrated in the German city of Munich from mid-September to mid-October since 1810, where drinking beer is part of the tradition. However, I regret […]
Opening Value of the Dollar in Mexico Today, October 9: Peso Continues to Decline After Inflation Report
This was the behavior of the US dollar during the first minutes of the trading session. After the stock market opened, the US dollar is trading today at an average of 19.40 Mexican pesos, representing a 0.25% change compared to the previous session, when it was at 19.35 pesos. Over the past seven days, the […]
Canadian Dollar Price in Mexico Today, October 9
These are the latest movements recorded in the exchange rate between the Mexican and Canadian currencies. The Mexican peso is one of the 10 most traded currencies in the international foreign exchange market, the most traded in Latin America, and the third in the entire continent. Its value is of great importance both nationally and […]
Three Companies Could Set Up in Veracruz with Over 4,000 Job Offers
The president of the Veracruz Association of Industrialists (AIEVAC) stated that three companies are interested in investing in Veracruz. With a job offer of over four thousand positions, a pasta company could be built in the Vargas area, very close to where Constellation Brands is also being constructed. According to José Antonio Marquínez Seeman, president […]
Mennonite Expansion in Campeche and QR: Report
The deforestation of the jungles in the Yucatán Peninsula has a major culprit in the primary sector: the Mennonite communities that, in this first quarter of the century, have monopolized lands (bought or rented) for intense and destructive agro-industrial activities, as highlighted in a special supplement of La Jornada del Campo. We recover fragments of […]
Mexican Peso soars as US stellar jobs data eases recession fears
The Mexican Peso surged after strong US Nonfarm Payrolls data for September exceeded expectations. Despite an uptick in Mexico’s unemployment, the country’s Automobile Exports and Production saw increases in September. The US Unemployment Rate also edged lower, alleviating recession concerns. The Federal Reserve is anticipated to cut rates by 25 basis points in upcoming meetings. […]
How Much Do Illegal Immigrants Cost the U.S.?
The Cost of Illegal Immigration: A $150.7 Billion Burden on U.S. Taxpayers A recent surge in border crossings has highlighted a long-standing issue facing the United States, with President Joe Biden’s administration under scrutiny for its handling of immigration policies. According to a report by the Committee on the Judiciary and Subcommittee on Immigration Integrity, […]
Analysts warn of an economic recession in Mexico by 2025
The new president of Mexico and her economic cabinet will not have an easy time navigating the new federal administration, as the prospects for GDP by the end of 2025 are increasingly dim, and analysts even warn of an economic recession. The main internal factor is the management of public finances, because at the beginning […]
Yucatán: Leader in Job Creation and Economic Growth in Mexico
Yucatán stands out in job creation and economic growth, with more than 440,900 insured workers and a 64 percent salary increase since 2018. Yucatán shows significant economic growth, leading in formal job creation at the national level. Yucatán excels in formal job creation, economic growth above national levels, and the arrival of new investments over […]
Mexican Peso falls, weekly depreciation exceeds 1.30%
The Mexican Peso (MXN) has continued its downward trend against the US Dollar (USD), reaching a new peak of 19.74 on the USD/MXN exchange rate. Banxico, Mexico’s central bank, recently cut interest rates by 25 basis points (bps) to 10.50%, which is expected to weaken the peso further. The decision was made in response to […]