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Tag: Mexico

Mexican presidential campaign heats up engines with protest and registration of favorite

Mexican presidential campaign heats up engines with protest and registration of favorite Mexican presidential campaign heats up engines with protest and registration of favorite

Two weeks before the start of the presidential campaign in Mexicotens of thousands of opponents demonstrated this Sunday for a “free vote”, while the official leader Claudia Sheinbaum, favorite in the polls, formalized her candidacy. Dressed in white and pink, the detractors of the leftist president Andrés Manuel López Obrador filled the Zócalo, the main […]

Cemex issues sustainable stock certificates for US$ 322 million

Cemex issues sustainable stock certificates for US$ 322 million Cemex issues sustainable stock certificates for US$ 322 million

The Mexican cemexone of the largest cement producers in the world, reported this Friday the issuance of long-term stock certificates related to sustainability for 5.5 billion Mexican pesos (about US$322.6 million). The settlement of the issued bond, with the HSCB bank as intermediary, is anticipated for next February 20 “and is subject to compliance with […]

Bank of America sees Pemex as the main fiscal risk for Mexico

Bank of America sees Pemex as the main fiscal risk for Mexico Bank of America sees Pemex as the main fiscal risk for Mexico

The state Mexican oil (Pemex) is the main fiscal risk that the Mexican Government will face in the coming years, warned this Tuesday Carlos Capistrán, chief economist for Mexico and Canada at Bank of America (BofA). “Indeed, Pemex It is a risk and probably the number one fiscal risk that the present Administration has and […]

President of Mexico rejects the Government’s repurchase of Telmex telephone company

President of Mexico rejects the Government’s repurchase of Telmex telephone company President of Mexico rejects the Government’s repurchase of Telmex telephone company

The Mexican president, Andrés Manuel López Obradorrejected this Tuesday that the Government buy back Telephones of Mexico (Telmex) after the magnate Carlos Slimwho acquired the former state company in 1990, acknowledged that “it’s no longer business”. “No, no, no, not at all. And Carlos has done well because he is a good businessman, just as […]

The US imported more from Mexico than from China in 2023, the first time in two decades

The US imported more from Mexico than from China in 2023, the first time in two decades The US imported more from Mexico than from China in 2023, the first time in two decades

For the first time in 20 years, USA imported more goods and services from Mexico than from Chinaaccording to official data published this Wednesday, which indicates that the US deficit in its foreign trade in goods and services closed 2023 with a drop of 18.7%. The pandemic and the trade tensions between the two in […]

Mexico admits US labor review in call center that operates for BBVA

Mexico admits US labor review in call center that operates for BBVA Mexico admits US labor review in call center that operates for BBVA

This Tuesday, Mexico admitted a request for a review from the United States on collective rights in the company Atento Servicios, a call center whose clients include BBVA México in the city of Pachuca, in the center of the country. The review will occur under the Rapid Response Labor Mechanism (MLRR) of the Treaty between […]

Biden announces possible US-Mexico border closure: What does that mean?

Biden announces possible US-Mexico border closure: What does that mean? Biden announces possible US-Mexico border closure: What does that mean?

border between USA and Mexico as he tries to save a border deal in Congress that would also unlock money for Ukraine. The agreement had been in the works for months and seemed close to being finalized in the Senate, but it began to fall apart, mainly because donald trump — who leads the preferences […]

Xóchitl Gálvez: Mexico must take advantage of “its best opportunity” with nearshoring

Xóchitl Gálvez: Mexico must take advantage of “its best opportunity” with nearshoring Xóchitl Gálvez: Mexico must take advantage of “its best opportunity” with nearshoring

The opposition presidential candidate Xochitl Galvez said this Monday that Mexico is in its best opportunity in many decades in the face of the recomposition of supply chains or ‘nearshoring’ to end poverty, but criticized that the Government’s mentality is not up to par. “Mexico “It is in its best opportunity that it has not […]

López Obrador rejects US proposal to close the border with Mexico

López Obrador rejects US proposal to close the border with Mexico López Obrador rejects US proposal to close the border with Mexico

The Mexican president Andrés Manuel López Obrador On Monday he downplayed the statement made by his American counterpart Joe Biden, who was willing to close the border between USA and Mexico if lawmakers send him a border agreement. During his morning conference López Obrador stated that the proposal is “very demagogic” and assured that it […]

Citizens and activists demand closure of Pemex refinery in northern Mexico

Citizens and activists demand closure of Pemex refinery in northern Mexico Citizens and activists demand closure of Pemex refinery in northern Mexico

Thousands of inhabitants of Monterey, In the northern Mexican state of Nuevo León, they protested this Sunday to demand the closure of the refinery of Mexican Petroleum (Pemex)which they blame for the pollution that keeps the city one of the most polluted on the continent Amid slogans, armed with banners and some wearing gas masks, […]