Mexico Business & Finance News

Puerto Vallarta • Riviera Nayarit • Mexico

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03Apr2017
Remittances from Migrants Living Abroad to Mexico Drop Slightly in February

Reuters

The amount of money sent home by Mexican migrants living abroad slipped slightly in February versus a year ago, the first year-on-year drop since March 2016, central bank data showed this week.

01Apr2017
Inflation Hits Highest in Mexico Since the Recession

Click Lancashire

Mexico’s annual inflation rate rose above 5 percent to a almost eight-year high in early March, but policymakers said this week that it should trend back toward their 3-percent target by the end of next year.

31Mar2017
Mexico Records Lowest Unemployment Rate in 11 Years, But Challenges Remain

PanAm Post

Mexico’s unemployment reached its lowest rate in 11 years this February, according to the National Institute of Statistics and Geography. But experts warn the unemployment rate could increase in following months.

30Mar2017
NAFTA Plunged 20M Mexicans into Poverty: Report

Television del Sur

Mexico’s so-called “prosperity” under the North American Free Trade Agreement over the past 23 years has actually seen a shocking 20 million people fall into poverty in the country, according to a report by the Center for Economic and Policy Research.

29Mar2017
Despite Security Worries, Mexico's Largest Travel Trade Show Underway in Acapulco

Mexico News Daily

Mexico’s biggest travel trade show has kicked off in Acapulco, where organizers are hoping to inject new energy into the destination’s tourist industry. But the start was not an auspicious one.

28Mar2017
Oil Drillers Face an Angry Mob in Guerrilla Country

Bloomberg

An angry mob torched City Hall in the southern Mexican town of Tecpatan last month over oil, specifically the government’s plan to auction off a swath of land around their farming community to private drillers.

27Mar2017
Calling U.S. Anti-NAFTA Bluff, Mexico Is Looking to Get Its Corn from Elsewhere

Quartz

US president Donald Trump’s threats to upend existing free-trade agreements so far amount to bluster, but that’s not stopping Mexico from taking steps to protect itself.

26Mar2017
US Banks Could Lose $159B from Mass Deportations

teleSUR

Mexico issued a public recommendation to Mexican immigrants to pull funds out of their U.S. bank accounts in order to protect their savings.

25Mar2017
Mexican Peso Heads for Largest Monthly Rise in 5 Years as GOP Agenda Falters

MarketsReport

The Mexican peso is headed for its largest monthly gain in nearly five years as President Donald Trump and his partisans suffer the first major legislative setback of his presidency.

24Mar2017
Videgaray: Mexico Willing to 'Step Away from NAFTA'

UPI

Mexican Foreign Minister Luis Videgaray said that if North American Free Trade Agreement negotiations don’t benefit all parties involved, the country is willing to "step away" from it as a last resort.


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