The Mexican Peso ended the week with a 1% gain, reaching a three-day high against the US Dollar on Friday. The currency’s appreciation came despite mixed US jobs data, which sparked speculation that the Federal Reserve may cut interest rates in September. Wall Street trading was mixed, while the US Dollar staged a slight recovery […]

For some young Canadians, embracing the digital nomad lifestyle has become an attractive way to save money and travel the world. Grayson Allen, a 30-year-old content creator from Vancouver, is one such example. For the past two and a half years, he has worked remotely in various countries, including the UK, Colombia, Ecuador, Mexico, and […]

A reflection of the state’s consolidation as an expanding industrial center, says UAQ specialist Querétaro has experienced a population growth of 21% between 2012 and 2022. This significant increase in population is a reflection of the state’s consolidation as a major industrial center in Mexico, which is established in new residential developments being built on […]

The American auto industry faces a daunting scenario: Chinese carmakers establishing operations in Mexico to exploit North American trade rules, then flooding the United States with ultra-low-priced electric vehicles (EVs). As these Chinese EVs hit the US market, domestically produced EVs — which cost an average of $55,000, roughly double the price of their Chinese […]

Mexico has granted Pemex (officially known as Petroleos Mexicanos) a deferral for its June monthly tax payments, extending the deadline to July 31. This move comes as the government continues to support the state oil giant, which has been burdened by a staggering $100 billion debt for years. The deferral specifically applies to the so-called […]

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 […]