Better buy cans Luis Gomez, 62, pays 1,500 pesos for a box with 20 kilos of chayote. He sells it for 100 pesos, making a profit of only 500 pesos in the three days it takes to sell it. “Right now we have a super peso and with these prices it is not enough for […]
Mexico in new mining dispute: Canadian company demands 200 million dollars from the government
The Canadian mining company Almaden Minerals, which operates in Mexico under the subsidiary Minera Gorrión, has initiated an international arbitration procedure against the Government of Andrés Manuel López Obrador, claiming compensation of 200 million dollars for the economic damages caused by the cancellation of mining concessions for exploitation in Ixtacamaxtitlán, in the Sierra Norte of […]
Going abroad? Here’s what you can bring back tax-free
If your vacation plans this summer include traveling outside of Mexico, keep in mind that not all items you buy during your stay abroad are exempt from paying taxes. That’s right, the Tax Administration Service (SAT) may kindly ask you to pay taxes on certain products. But don’t worry, because the tax authority itself has […]
The eagle flies with the dragon: What are the products that Mexico buys the most from China?
Mexico is in the middle of a ‘dance of tariffs’ between the United States and China, the two largest economies on the planet, due to the announcement of new tariffs on Asian steel and aluminum. The Joe Biden government believes that Xi Jinping and Chinese companies use unfair practices to export their overproduction of steel […]
BlackRock rules out a cycle of rate cuts from the Bank of Mexico
The Bank of Mexico’s monetary policy will remain restrictive for some time, given that inflation continues to run above its target, but the bank is likely to make a slight downward adjustment in August to the cost of borrowing, a BlackRock executive said on Thursday. Banxico, as the Mexican central bank is known, kept its […]
France’s National Day is celebrated in Mexico on the way to Paris 2024
With the countdown marking 15 days for the start of the Paris 2024 Olympic Games, the celebration of the National Day of France in Mexico was held this Thursday, which was attended by Ana Gabriela Guevara Espinoza, general director of the National Commission for Physical Culture and Sport (CONADE), a ceremony that exalted the Franco-Mexican […]
Which states in Mexico have the most magical towns?
The Magical Towns of Mexico offer cobblestone streets, lush nature and a rich cultural heritage that enchant every visitor The designation of “Magical Town” is based on natural beauty, cultural wealth, traditions and a history that in many cases have been the scene of transcendental events for our country. They are places that show the […]
Mexico is experiencing its best commercial moment in the last 25 years: businessmen
Francisco Cervantes Díaz, president of the Business Coordinating Council (CCE), stated that Mexico is experiencing its best commercial moment in the last 25 years, and is already in the top ten of the largest exporters and attracting foreign investment. “Thanks to the expectation of nearshoring, Mexico is experiencing one of its best commercial moments in […]
Shaved Ice Festival in Culiacan; date and times
The first Raspado Festival of the municipality of Culiacán will be held in Imala, so we share with you the dates and times in which it will take place. The invitation made by the local authorities is for the general public to attend, since it is a family environment. What day and at what times […]
Demand from Guanajuato residents for trips to Puerto Vallarta and Guayabitos increases
With summer vacations just days away, demand for travel packages has increased by 90% in Guanajuato, with Puerto Vallarta and Guayabitos being the most popular destinations. This was announced by the president of the Mexican Association of Travel Agencies (AMAV) Guanajuato chapter, Sergio Muñoz Martínez, who indicated that, although it is a good percentage, it […]