The production and trade of crafts, the sale of flights, reservations in hotels and guest houses and restaurants, bars and nightclubs are the services that generate the most income within the tourism sector. After being one of the sectors hardest hit by confinements and the Covid-19 health crisis, the tourism sector consolidated its recovery and […]
With AMLO, Mexico continues among the poorest countries in Latin America: ECLAC
During the government of President Andrés Manuel López Obrador, Mexico has remained among the poorest countries in the region and in 2022 it was only surpassed in that indicator by El Salvador, Argentina and Colombia, indicated in a study the Economic Commission for Latin America and the Caribbean (ECLAC). According to the agency’s own measurements, […]
Moody’s highlights Mexico as a safe destination for investments “in the face of intensifying risks in Latin America”
The credit risk rating agency also highlights the threats to the country such as deficiencies in infrastructure or the Government’s intervention in different sectors, canceling concessions to private companies and handing over activities to the Army. Due to its proximity and economic integration with the United States, Mexico will be the largest Latin American country […]
Trade, investments, exchange of students and volunteers unite Mexico and Japan
In 2022, Mexico’s imports from Japan totaled 18,297 million dollars Between Mexico and Japan there is not only an Economic Partnership Agreement that increased trade and investments, there is also the exchange of scholarship holders and volunteers either to study or to participate in cooperation projects. In 2022, Mexico’s imports from Japan totaled 18,297 million […]
Did AMLO help Tabasco? It is the state that grew the most in 2022
The rebound in economic activity in the southeast occurs in the context of works such as the Dos Bocas refinery and the Maya Train. During last year, the Mexican economy achieved an annual growth of 3.9 percent, but among the 32 entities that are part of the national territory, the one that had the greatest […]
Pivotal States: Is the United States Overlooking Mexico’s Potential?
The U.S.-Mexico relationship is one of the most fraught in U.S. foreign policy. It is also one of the most critical. Mexico is the largest trading partner of the U.S., and the choices made by American and Mexican policymakers frequently affect both countries’ public health, ecosystems, and law enforcement strategies. Mexico can play a valuable […]
BRICS: Mexico to Join Alliance in 2024?
The BRICS Alliance chose to expand its bloc in August 2023, inviting multiple new members including Egypt, Iran, and others. However, one nation that was rumored to have an interest in joining BRICS was Mexico, which has since shut down any BRICS involvement. Before the August Summit, Mexican President Andres Manuel Lope Obrador spoke about rumors of […]
New US-Mexico agreement to monitor foreign investments comes as more Chinese money flows into Mexico
MEXICO CITY (AP) — As more Chinese money flows into Mexico, the United States and Mexico on Thursday agreed to monitor foreign investments and regularly share information about the screening process. The U.S. is becoming “more deeply integrated with Mexico,” Treasury Secretary Janet Yellen said at a news conference in Mexico City. “We want to see further […]
Banxico could ‘adjust’ rates in early 2024
Mexico’s central bank could “adjust” its interest rates by February or March 2024 if inflation continues to drop, board member Jonathan Heath said on Monday, December 4th, adding that a decline in core prices is especially key to hitting inflation targets. In an interview with local station Imagen Radio, Heath said the central bank intends […]
How much does a sweeper or cleaning worker earn in Mexico? This is your average salary
The workforce in this sector is made up of 1.9 million people, of which more than 60% are women Cleaning workers, also known as street sweepers, are essential to the daily life of each city, municipality or community, since they are in charge of keeping the streets free of garbage and thereby avoiding diseases and […]