The US dollar is trading at 18.82 Mexican pesos on average at the start, which represents a 1.02% decrease compared to the previous day’s figure, when it stood at 19.02 pesos. Taking into account the last seven days, the US dollar has accumulated a decrease of 0.27%; although in the last year it still maintains […]
AMLO will send a letter to Joe Biden to denounce US interference in Mexico’s sovereignty
President Andrés Manuel López Obrador (AMLO) revealed this Wednesday that he will send a letter to his American counterpart, Joe Biden, to denounce interference by the United States Government in matters that “only correspond to the sovereignty of the country.” “I am going to send a letter to the President of the United States, to […]
AMLO blames previous governments for Mexico’s performance in Paris 2024
President Andrés Manuel López Obrador said on Tuesday that despite the potential, a better result was not achieved at the Paris 2024 Olympic Games because it came from a “decadent” period, and stated that he is already preparing a ceremony to receive the athletes who participated. “Mexico has a lot of potential in everything, they […]
Mexican imports put pressure on inflation
Mexico continues to import more than it exports. In the first half of the year, the trade deficit stood at 5.497 billion dollars, a significant amount, because with a peso that depreciates against the dollar, purchases abroad are affected. Ramses Pech, energy and economics analyst at Caraiva y Asociados-León & Pech, points out that there […]
Mexico is now the seventh largest food exporter
The value of Mexican shipments grew 4.2% and reached $50 billion, allowing it to surpass India and Argentina, which was seriously affected by a drought and dropped out of the top 10. Mexico rose from ninth position in 2022 to seventh in 2023 among the world’s largest food exporters, reaching $50 billion. With that value, […]
López Obrador refuses to receive Milei on his visit to Mexico for a summit of the extreme right
The announced visit to Mexico by Argentine President Javier Milei to participate in a summit of the far right has strained relations with the Mexican president, the leftist Andrés Manuel López Obrador. Milei is scheduled to participate in a forum of the Conservative Political Action Conference (CPAC) on August 24 in Mexico City. The organizers […]
Avon has declared BANKRUPTCY; what will happen to its operations in Mexico?
Brazilian cosmetics maker Natura &Co NTCO3.SA posted better-than-expected second-quarter earnings from its core business late on Monday but saw its bottom line hit by writedowns as U.S. subsidiary Avon Products filed for bankruptcy protection. Why it matters Natura &Co is a cosmetics giant that has pushed through a turnaround, shedding global assets including sales of […]
Rental and sales prices in 3 Mexican cities maintain trend
In the first half of the year, rental and sale prices in three of Mexico’s main cities (Mexico City, Guadalajara, and Monterrey) have followed the trend observed since the end of last year. According to Inmuebles24, Monterrey stands out with the highest prices for both rent and sale per square meter. According to data from […]
How much does a federal deputy earn? This is the salary they receive
Mexico has 500 federal legislators for the Chamber of Deputies, the bilateral body that makes up the Legislative Branch. They are responsible for constitutionally representing the people to make decisions to legislate. Given this responsibility, the question arises: how much does a federal deputy earn in Mexico? We tell you the details below. How is […]
Who, how and when they have to file a tax return
Being aware of the tax obligations you have as a legal or physical person, and fulfilling them in a timely manner is essential to protect yourself from unexpected payments and high fines, which could affect your finances. It is important to find a way to be aware of your obligations as a physical person, by […]