The strength of the peso is deterring many Americans from moving to Mexico
The Mexican currency has strengthened 16% against the dollar in the last two years, impacting not just tourism, but also the number of U.S. citizens living in the country
The Mexican currency has strengthened 16% against the dollar in the last two years, impacting not just tourism, but also the number of U.S. citizens living in the country
Elon Musk’s company has sold fewer cars than it has produced in seven of the last eight quarters, analysts say, making a new plant less urgent
The two leaders held a telephone conversation in which it was decided to ‘implement concrete measures to significantly reduce irregular crossings’
The president has taken risks that were not well received by investors and foreign governments, such as making Bitcoin legal tender
Global container traffic data, compiled by the company Xeneta, support the thesis that Beijing is using the Mexican route as a way to avoid U.S. tariffs and restrictions on Chinese products
Countries in the region are suffering more pronounced economic changes than any other region, according to a study by the United Nations Development Program
More than 3,000 participants including finance ministers, central bank presidents, businesspeople and representatives of civil society will meet in Punta Cana for the event, which runs from March 6 to 11
The organization that manages this critical artery of global trade estimates losses of over $700 million this year. The chronic drought caused by El Niño has limited the number of ships that can transit each day
These are some of the lessons that can be learned from three countries with experience of a dollar-based economy if Argentina, Latin America’s third-largest economy, chooses to adopt the currency as legal tender
With Chinese imports to the U.S. dropping by 20%, the Latin American country has surpassed the Asian giant to become America’s main trading partner
Official data published on Wednesday confirm America’s ongoing efforts to decouple its economy from the Asian giant’s as well as Mexico’s push towards nearshoring
The country ranks top of a list of 193 where illicit economic activities are classified by the Global Initiative Against Transnational Organized Crime
A judge ruled in favor of Javier Gutiérrez and José Guadalupe Valdés over a case involving executives from CFE in Mexico and Whitewater Midstream in the US, where the business dealings are also being probed
Javier Gutiérrez’s initial hearing has been postponed five times, delaying the process in Mexico, while in the United States the case moves forward
Mexico overtook the Asian giant in the value of exports to the U.S. in the cumulative first 11 months of 2023, totaling almost $439 billion, while China lagged behind with $393 billion
The ‘nearshoring’ narrative, strength of the exchange rate and economic expansion have convinced international markets, which support a historic bond issuance: the $7.5 billion placed this week exceed the total debt issued during the entire 12 months of recent years
The Finance Ministry confirms that the country is now ‘the largest sovereign issuer with a BBB rating globally’
When China, the U.S. or the EU imposes a restrictive trade measure on another, there’s a 73% probability that they will respond with a retaliatory measure within 12 months, says the deputy managing director of the International Monetary Fund
After its contract in Panama was cancelled, Tristan Pascall, the head of Minera Panamá, a subsidiary of the Canadian company, is urging authorities to allow them to continue operating the copper mine to close it ‘responsibly’
The Inter-American Development Bank announced Thursday that it hopes to triple its investment in climate action in the region over the next decade.
The president-elect will need the support of the oil-producing provinces, which own 24% of the company’s shares
Multilateral organizations, ratings agencies and investment banks have updated their growth forecasts due to ‘repeated positive surprises’ in a market that has resisted financial volatility
Mexico is the second-biggest market for Chinese-made cars after Russia. The intention of Beijing-based companies to open assembly plants in the Latin American country has alarmed legislators in the United States
The Central American country is the world’s fourteenth largest copper producer and has gained relevance as a result of increasing interest in electric energy as an alternative to fossil fuels
An increase in Venezuelan oil production may open the door to a debt restructuring, according to the financial sector
If the company were allowed to break ground on their new plan tomorrow, it could start investing 800 million dollars over the next 18 months, said Bacanora CEO Peter Secker
Looking beyond the current election cycle, the governance problems that plague several Latin American countries are becoming an obstacle to investment