After announcing an investment of nearly $5 billion to build a factory in northern Mexico, Elon Musk’s company is facing unexpected delays. This would impact its plan to put its new model on the market in 2025
By forcing their way into more and more sectors, organized crime has become ‘a dominant economic cartel,’ according to analysts
Anticipating an increase in the amount of federal government social benefits, Mexicans are taking on debt to purchase more. Spending during the country’s Independence Day celebrations reached its highest level in five years
An extended work stoppage at Ford, GM and Stellantis would affect thousands of jobs in Mexico that depend on the automotive export industry
Rodrigo Valdés, the director of the Western Hemisphere division at the International Monetary Fund, warns that the dollarization that ultra-right candidate Javier Milei proposes for Argentina ‘will require seeking a lot of political support’
The multilateral organization anticipates a slowdown for 2024 and warns of a ‘complex’ global context
It is estimated that the country’s reserves of the cryptocurrency have lost 37% of their value. The government has granted Bitfinix — a company fined in the U.S. — its first license for digital assets, such as equities and bonds
Global cargo companies could see millions in losses, but the biggest blow will be to consumer prices, which are set to rise, especially in the United States
An executive of Swiss energy giant Vitol admitted paying $600,000 in bribes to Mexican oil company officials
A new report warns that gender-based traditional hierarchies within the household negatively influence women’s capacity to cope with disasters induced by climate change
Restructuring Pemex debt might send yields on other Mexican bonds soaring, but according to some experts, this is a scenario markets should consider
Infrastructure specialists – who are meeting in Panama at the request of the Inter-American Development Bank (IDB) – agree that the region requires both public and private investment to cover its transportation, health and education needs
Crimes against truckers are on the rise, costing the country up to $300 million each year. A member of Congress has proposed an initiative that would create a specialized prosecutor’s office for this offense
The currency is trading at its best level since December 2015, and has kept up its momentum in recent months, partially driven by the dollar’s weakness
Guillermo Turrent and Javier Gutiérrez, who worked for the state electricity company during the Peña Nieto administration, have invoked rights that protect them from self-incrimination
An agreement with a Chinese company, accusations of nepotism, and clashes with Washington are the backdrop to current global competition for reserves of the mineral, which is vital for electric gadgets and cars
While the cost of feeding a family has risen everywhere, the UNDP says prices in Latin America and the Caribbean have surged the most
The deputy managing director of the International Monetary Fund talks to EL PAÍS about how high inflation is limiting economic growth, government spending and the organization’s new agreement with Argentina
A transcript of a recent hearing held in a court in Texas shows Guillermo Turrent and Javier Gutiérrez failed to convince a judge to dismiss CFE International’s case against them
Technology companies in the region will find it harder to get financial services and raise capital after the demise of the niche bank
More than $5 billion flowed into Mexico as foreign direct investment in 2022 in the film and video industry alone
From positions in government, autonomous institutions or academia, female economists in the region are leaving their mark on public policy and resource management
Presidents Lula da Silva and Alberto Fernández sign an integration agreement that includes joint energy and financing initiatives
After the world’s most popular cryptocurrency fell 21% this week, the Central American country lost an estimated $70 million of its public finances
The case between Mexico’s state-owned energy utility and an obscure American natural gas company continues to advance in US courts, while it remains paralyzed in the Mexican justice system
Mexico’s state-owned utility, in the midst of a dispute with the Texas-based firm WhiteWater Midstream, is working behind the scenes to uncover wrongdoing that may have taken place during Enrique Peña Nieto’s administration
The state electricity company has requested two US federal courts to order JG Energy and Arbor Glen to present information about their contractual negotiations with CFE International