With the aim of continuing to support local entrepreneurs, artisans, and producers, as well as showcasing the name of the region around the world, the Marca Chiapas 2024 Festival is announced, taking place in San Cristóbal de las Casas. This five-day event, set to occur from July 1st to 5th, aims to improve the quality […]

The Mexican Peso (MXN) has experienced a tumultuous June following Mexico’s presidential election results, which have left investors uncertain about the country’s economic direction. The currency shed over 10% of its value and while it has partially rebounded, concerns persist. Prior to the election, the peso was an attractive option for carry trades due to […]

Ford recently shipped its first batch of cars from the previously neglected Guaymas port in the northern Mexican state of Sonora. This project, if fully implemented, could significantly reduce the U.S. automaker’s logistics costs by approximately 30%, according to the state governor.  The initial shipment included pickups and Broncos destined for Chile. This effort is […]

Here is a rewritten version of the text: Mexico’s First Female President: A New Era for Energy Policy? As President Andres Manuel Lopez Obrador (AMLO) steps down, speculation surrounds what changes Claudia Sheinbaum, Mexico’s first female president, will bring to the country’s energy sector. While Sheinbaum has pledged to follow her predecessor’s policies, many hope […]

The Mexican currency remained stable this weekend against the exchange rate with the US dollar. The price of the dollar today, Sunday, June 16, 2024, in Mexico is 18.46 Mexican pesos per US dollar on average. How did the dollar close on Friday, June 14, 2024?The exchange rate of the dollar to peso closed on […]

The Mexican currency is the third most depreciated currency, due to various factors that have led analysts to think that the Mexican peso could continue to lose strength. The peso-dollar exchange rate shows significant movements today, with the Mexican currency being the third most depreciated currency, due to various factors that have led analysts to […]

In light of the BRICS economic alliance’s recent activities, the United States’ fourth-largest financial institution, Citigroup, has issued a cautionary statement about a potential economic downturn. Citigroup’s lead economist for the United States, Andrew Hollenhorst, has voiced his apprehensions about the nation’s economic stability in a discussion with CNBC. Hollenhorst raised alarms about the labor […]

Under President Andrés Manuel López Obrador’s administration, a new approach to social welfare has been adopted, emphasizing universal benefits over targeted assistance. This shift has led to a significant increase in social spending, particularly for senior citizens, the unemployed, students, farmers, and those with disabilities. However, this broad distribution of funds has resulted in Mexico’s […]

An incident involving various banks has raised alarms among financial institutions and security companies responsible for safeguarding their systems. As a result, surveillance measures have been reinforced. However, no incidents have been reported thus far. According to SEPROBAN (Security and Banking Protection), a company dedicated to supporting banks in security matters in coordination with law […]