In the Isthmus of Tehuantepec, a narrow portion of Mexican territory where 300 kilometers separate the Pacific from the Atlantic, an interoceanic corridor is being built as an alternative to the Panama Canalwhich generates economic expectations, but also controversy. The project, envisioned by the Spanish conquistador Hernán Cortés in the 16th century and pursued by […]
Tag: Mexico
Migratory wave subsides in northern Mexico with questioned Government operation
The camps of thousands of migrants in Ciudad Juárez, on the northern border of Mexicohave disappeared after the migration wave in recent months, but activists in the area accuse the Mexican Government of violating the human rights of foreigners with their operations, which include getting them off the train and chasing them. The edge of […]
Mexico: the young governor who attracted Tesla ‘gigafactory’ now wants to succeed AMLO
Samuel García, the young governor of the northern state of Nuevo León, the richest in Mexico, launched this Sunday the race for the presidency in 2024, a contest so far led by two women. Insisting on his youth against the old parties, García, 35, registered as the only candidate for the presidential candidacy for the […]
Xóchitl Gálvez assures that Mexico still has “hunger and thirst for justice”
The presidential candidate of the opposition Frente Amplio for Mexico, Xochitl Galvezstated this Sunday, during her work report as senator, that the country still has “hunger and thirst for justice”, emulating the speech of the presidential candidate Luis Donaldo Colosio, assassinated in 1994. “Almost 30 years ago, in this place, Colosio saw a Mexico with […]
Banco de México maintains the interest rate unchanged at 11.25% for the fifth time
He Bank of Mexico (Banxico) remained unchanged this Thursday, for the fifth consecutive time, the interest rate at 11.25%, the highest level in its history, announcing that it will still have to keep it that way “for a certain time”. In its announcement, which was within market expectations, the central bank “recognized that the disinflationary […]
The US applauds “nearshoring” in Mexico to “not do business” with China
The president of the United States Hispanic Chamber of Commerce (USHCC, in English), RamiroCavazos, applauded this Thursday the decree of the Mexican government that facilitates the phenomenon of chain relocation or ”nearshoring” for, like this, “do not do business with China”. This is how Cavazos explained it and opted for “strengthen” the business relationship “very […]
AMLO: minimum wage increase in Mexico by 2024 will be “considerable”
The increase of minimum salary for next year it will be “considerable,” the Mexican president anticipated on Wednesday, Andrés Manuel López Obradorwho hopes to make an announcement on the issue next month. Since taking office as president of Mexico, López Obrador has increased the minimum wage every year, even well above inflation. “Going into December […]
Mexico consumes 700 grams of chocolate per capita per year, according to a report
Mexicans consume 700 grams of chocolate per capita and in celebrations the intake increases up to 20%, as revealed this Monday in a statement from Por Amor al Cacao (PAC), a private sector initiative that celebrates 10 years of promoting the cocoa of Mexico. Sales of this product increase by 18% at Christmas, while on […]
“Unique opportunity”: Mexican firms go for “nearshoring” to grow
From real estate firms to financial and hotel groups in Mexico They are making bets because the investments derived from the phenomenon known as “nearshoring” strengthen the domestic economy and radiate to its sectors. The Government estimates that the growing trend of moving the production of large corporations to the country to bring it closer […]
Migrants: 1,200 leave southern Mexico to join the largest caravan of the year
More than 1,200 migrantsmostly Haitians, Nicaraguans and Venezuelans, left this Sunday walking in a new caravan from Tapachula, in the south of Mexico, to join the concentration of 8,000 people on the move who hope for possible benefits from the dialogue with immigration authorities this Monday. The migrant settlement left on October 30 and traveled […]