Foreign direct investment (FDI) received by Mexico in the first quarter of 2023 amounted to US$ 18,636 million, the Ministry of Economy (SE) reported on Sunday. The amount received was 4.1% less than what was registered in the first three months of 2022, when the entry of US$ 19,427 million was registered. However, the Mexican […]
Tag: Mexico
Mexico accumulated US$ 18,636 million in foreign investment in the first quarter
The confidence of foreign investors and the relocation of supply chains in Mexico It is confirmed with a foreign direct investment (FDI) for 18,636 million dollars in the first quarter of the year, celebrated the Mexican Ministry of Economy (SE). “The confidence of foreign investors in Mexico is confirmed. At the end of the first […]
Mexico City airport resumes operations after presence of volcanic ash
The Benito Juárez International Airport of the Mexico City resumed operations after having suspended them this Saturday due to the fall of ash left by the activity of the Popocatepetl volcano. During the early hours of the day, the air terminal reported that “due to the presence of volcanic ash, the airport closed operations as […]
The world’s largest virtual food brand expands to Mexico
Global food chain MrBeast Burger, considered the world’s largest virtual brand, expands to Mexicowhere in its first month of operation it plans to sell more than 300,000 hamburgers. This is the first step of the chain of American origin in Latin America and it will take place hand in hand with the emerging company or […]
The Mexican Treasury sees the sale of Banamex close and benefits to the banking sector
The purchase of Mexican National Bank (Banamex) is nearing the end and will benefit the banking sector with a possible greater competition, said this Thursday the Undersecretary of Finance and Public Credit, Gabriel Yorio. The Mexican official maintained that the negotiation between the American Citigroup and Grupo México of magnate Germán Larrea, the second richest […]
The Bank of Mexico maintains the interest rate at 11.25% and breaks its streak of increases
The Bank of Mexico (Banxico) this Thursday kept the interest rate unchanged at 11.25%the highest level in its history, in a decision that broke with fifteen consecutive increases given the high levels of inflation. In its announcement, the central bank “He considered that a phase of disinflation has been entered due to the fact that […]
2026 World Cup teams will be grouped by region to shorten travel, says Infantino
The teams that will compete in the world Cup 2026, based in the United States, Canada and Mexico, will be grouped by region to avoid long trips in the first phase of the tournament, revealed FIFA president Gianni Infantino. At an event in Los Angeles, where the official logo of the Worlds was released, Infantino […]
Mexican peso loses due to US debt ceiling discussion
The money of Mexico depreciated on Wednesday due to a global strengthening of the dollarin a market awaiting progress in the negotiations to raise the debt limit US. The peso was trading at 17.6790 units, with a loss of 1.09% against Tuesday’s Reuters reference price, standing out as one of the global currencies that lost […]
Blockade of the US and Mexico begins to deter migrants
The tightening of the rules at the border of Mexico and USA begins to force many to opt for legal routes to migrate. Irregular crossings are decreasing, but the causes of this flow threaten to once again exceed the restrictions. “I want to enter legally,” Venezuelan Gustavo Rodríguez told AFP in Matamoros (northern Mexico), after […]
Mexican asylum seekers hope to enter the US after the end of Title 42
Lupita, one mexican 36 years old from the state of Michoacán, has spent three months in a shelter waiting to request asylum in USA. He shows off some of the evidence to support his case: gunshot wounds to his arms, shoulder and abdomen. Since March 2020, when sweeping COVID-19-era restrictions went into effect on the […]