Mexico Business & Finance News

Puerto Vallarta • Riviera Nayarit 

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16Aug2017
Former CEO of Mexico’s State Oil Company Took $10 Million Bribe from Odebrecht

PanAm Post

The former CEO of Mexico’s state-owned oil company has been accused of taking a bribe from the Brazlian construction company Odebrecht, which has caused scandal across Latin America for paying off politicians in exchange for various building contracts.

15Aug2017
Many US Employers Struggle to Find Mexican Workers

Wall Street Journal

Immigration from Mexico was a hot-button issue on the presidential campaign trail. But some business owners are struggling to hire enough staff because of a shortage of workers from Mexico.

14Aug2017
Billionaires Concerned with Corruption, Head of Leading Mexico Business Group Says

Forbes

The Confederation of Mexican Employers, a voluntary membership business organization with 36,000 members that include companies owned by Mexico’s billionaires, is waging a public crusade against corruption, a widespread ailment that results in Mexico losing billions of dollars.

13Aug2017
NAFTA Negotiations Could End Era of Mexico Exports

The Associated Press

President Donald Trump’s push to renegotiate the North American Free Trade Agreement is putting Mexico in a tough spot, threatening the system that has helped turn the country into a top exporter.

12Aug2017
11% Growth Expected in Mexican Aerospace Industry on Greater Demand for New Aircraft

Mexico News Daily

Rising growth is expected in Mexico’s aerospace industry this year to bring the total value of annual exports to US $8 billion, the sector’s trade association says.

11Aug2017
Inflation in Mexico Reaches Nine-Year High in July

PanAm Post

Mexico continues to struggle with inflation, as it reached 6.44 percent this July, according to the country’s National Consumer Price Index, which is published by the National Institute of Statistics and Geography.

10Aug2017
Mexico Considers Importing Avocados as Staple Priced Out of Consumers’ Reach

The Guardian

The country that produces almost half the world’s avocados contemplates the unthinkable as dietary staple becomes too costly for ordinary Mexicans.

09Aug2017
Remittances to Mexico Continue Record High Growth

Fronteras Desk

During the first half of the year, Mexican migrants sent back home almost $14 billion. That’s the largest amount ever registered in that same period. Almost 95 percent of remittances come from the United States.

08Aug2017
A US Win in NAFTA Talks Might Mean Getting Mexican Workers a Raise at Home

Bloomberg

President Donald Trump has gone after Mexicans for stealing U.S. jobs. Now he’s trying to get workers south of the border a pay raise.

07Aug2017
Consumer Confidence in Mexico Hits One-Year High

Reuters

Mexico’s consumer confidence index rose to its highest level in a year, official data shows, helped by a recovery in the peso on fading fears of new US tariffs on Mexican goods.

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