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Annual Inflation Rate in Mexico Hits New 8-Year High

Business Recorder

Mexico’s annual inflation rate rose in May to its highest level in more than eight years, fueled by higher energy prices and lingering uncertainty over the key US trade relationship.

Pre-Hispanic Acoustic Guitar Making Sustains Community in Southwestern Mexico

New China TV

The indigenous community on the Purepecha Plateau in Mexico’s southwestern state of Michoacan distinguishes itself by making acoustic guitars in a pre-Hispanic way.

United States & Mexico Nearing Deal on Sugar Trade

Wochit News

Mexican Economy Minister Ildefonso Guajardo said that the United States and Mexico are close to announcing a deal on sugar trade. It is a deal that will avert steep US duties on Mexican sugar imports.

Peso Rebounds as Mexico’s Ruling Party Win Eases Political Risk


Mexico’s peso advanced, trading near the strongest level in seven months, as President Enrique Pena Nieto’s party forged ahead in the election for governor of the country’s largest state.

Cruise Ship Tourism Is Important to Mexican Economy


Mexico is the number one global destination for the arrival of international tourists by cruise ship, reaching over 6.4 million passengers in 2017 so far, Mexican Minister of Tourism Enrique de la Madrid said this week.

Canadians Who Run Todos Santos Hotel California Reject the Eagles’ Trademark Claims


The owners of Hotel California, a hotel located in Todos Santos, Mexico, have responded to the Eagles’ "meritless" trademark infringement lawsuit with an answer to the band’s complaint.

Beware of Counterfeit Banknotes Circulating in Mexico


Notwithstanding the prospect of a twelve-year prison sentence for counterfeiting money, some people still chance their luck by printing rogue notes in an attempt to pass them off as genuine.

NAFTA: Mexico Willing to Look at Rules of Origin, But Won’t Talk Border Wall

The Associated Press

Foreign Relations Secretary Luis Videgaray said Mexico is open to tightening rules of origin but won’t entertain any role in building the wall, which is regarded as unfriendly and inefficient.

Exxon to Open Gas Stations in Mexico, Invest $300M


Exxon Mobil Corp has announced it will bring its Mobil-brand gas stations to Mexico, pumping $300 million in the coming decade as it seeks to gain a foothold in the country’s retail fuel market.

GOP Proposes Remittance Tax, Mainly on Latinos, to Pay for Border Wall


It’s called the Border Wall Funding Act of 2017, introduced on March 30 by Rep. Mike Rogers, R-Ala. And it would put a 2 percent tax on all person-to-person wire transfers to Mexico, the rest of Latin America and the Caribbean.

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