Views on Mexico from Washington and Davos

Amid this week’s flurry of news, the release of the World Bank’s (WB) report on regional growth prospects went unnoticed, as it will hold its 2025 annual meetings in Washington, D.C., from October 13 to 18. The report indicates that the Latin American and Caribbean region continues its efforts to revive growth and create more […]

Mexican authorities revoke the license and liquidate CIBanco, which the United States has accused of allegedly laundering money for drug trafficking.

CIBanco, one of the three financial institutions singled out by the Treasury Department for alleged drug laundering, has begun its liquidation process. The National Banking and Securities Commission (CNBV) revoked CIBanco’s license, thereby signaling the start of its liquidation. The bank was sanctioned by United States authorities on June 25, along with Vector and Intercam, […]

Federal Tourism awarded tourism distinctions to Tamaulipas

In 2025, Tamaulipas will stand out with 21 “H,” “M,” and “Clean Point” distinctions, along with hotel excellence ratings, the result of a united effort between the public, private, and academic sectors, which strongly boosts the state’s tourism competitiveness. Benjamín Hernández Rodríguez, Secretary of Tourism in Tamaulipas, explained that “during the event, the country’s states […]

Mexico Tech Week promotes Mexico City as a global technology hub

For one week, Mexico City will become the most important meeting point for technological innovation in Latin America. From October 20th to 26th, more than 15,000 attendees and 300 events will transform the capital into the centerpiece of Mexico Tech Week 2025 (MTW), an event that seeks to consolidate Mexico as a key player in […]

Taiwan seeks to be a key partner in Plan Mexico

Taiwan reaffirmed its interest in becoming Mexico’s strategic partner in technological development and industrial innovation, within the framework of Plan Mexico promoted by President Claudia Sheinbaum. At his national reception, the director general of the Taipei Economic and Cultural Office in Mexico, Iván Lee, highlighted that the two countries maintain a strong economic relationship, with […]

Mexico will delay discussion of increasing tariffs on China while it considers changes.

Mexico will delay parliamentary debate on tariff increases on nearly 1,500 products from China and other Asian countries while it analyzes changes to the proposal, amid complaints from the Asian giant, said President Claudia Sheinbaum and Morena representative Ricardo Monreal. President Claudia Sheinbaum sent the proposal—which seeks to increase tariffs by up to 50% on […]

Marine Plan in Relief Phase for Floods in Northern Veracruz State

The Secretariat of the Navy, through the Mexican Navy, reported that the Relief Phase of the Navy Plan was implemented in the northern state of Veracruz, following the damage caused by the heavy rains recorded in recent hours. Naval personnel carried out three medical evacuations, and 116 people have already been assisted in flooded areas. […]