The weak liquidity position of the Mexican oil company Pemex predicts an increase in government support for the state-owned firm in the next 12 to 24 months, the credit rating agency said on Thursday Moody’s. Pemex this week placed US$2 billion in a bond issue on the international market that it will use to refinance […]
Tag: Mexico
Tremor in Mexico: know all the earthquakes of Wednesday, February 2
09:05 EARTHQUAKE SOUTHWEST OF ZIHUATANEJO. EARTHQUAKE Magnitude 3.7 Loc. 84 km SOUTHWEST of ZIHUATANEJO, GRO 02/02/23 04:57:29 Lat 16.93 Lon -101.82 Pf 10 km – National Seismological (@SismologicoMX) February 2, 2023 09:05 EARTHQUAKE TO THE NORTHEAST OF UNION HIDALGO. EARTHQUAKE Magnitude 3.5 Loc. 20 km NORTHEAST of UNION HIDALGO, OAX 02/02/23 04:56:36 Lat 16.59 Lon […]
Corn inflation hits the Mexican tamale on Candlemas Day
The return, after two years of the covid-19 pandemic, of the traditional Mexican celebration of Candelaria Day, which is celebrated this Thursday with tamales as protagonists, has been hit by the increase in prices and the inflation of the corn. According to the National Alliance of Small Merchants (Anpec), the price of tamales has risen […]
Nearshoring and the possible recession in the US will define the Mexican economy
The use of the relocation of the Value chains in Mexico (nearshoring), greater physical investment and the possible recession of USA they will define the future of the Mexican economy in 2023, specialists agree. Uncertainty surrounds Mexico’s economic outlook for this year after revealing its 3% growth in 2022 on Tuesday, a figure that the […]
S&P believes that the Mexican government will provide timely and sufficient support to the Pemex oil company
The rating agency S&P Global Ratings said in a statement on Wednesday that it expects an “almost certain” probability that the Mexican government will provide extraordinary, timely and sufficient support to the state oil company. Pemex in case of difficulties. On Tuesday, the oil company placed US$2 billion in a 10-year bond issue in the […]
“Super peso”: what reasons explain the good performance of the Mexican peso against the dollar?
The Mexican peso, also calledsuper weight”, is the currency of Mexico that surprises the financial community because it has recently shown a promising streak. While most international currencies have lost ground against the US dollar in recent months, the Mexican currency has benefited from the combination of several factors that maintain investor confidence in the […]
Mexico confirms Tesla’s interest in investing in the country
Questioned directly by the press in the framework of the presentation of the Diagnosis and Recommendations for the Transition of the Automotive Industry in Mexico, Ebrard acknowledged Tesla’s interest. “Yes, it does have (interest). We have been working with them for a year and a half, but I would not like to make any announcements […]
Tremor in Mexico: know all the earthquakes of Wednesday, February 1
9:59 EARTHQUAKE TO THE SOUTHWEST OF THE CITY OF ARMERIA. 9:04 EARTHQUAKE SOUTHWEST OF SAN FELIPE. EARTHQUAKE Magnitude 3.1 Loc. 51 km SOUTHWEST of SAN FELIPE, BC 02/01/23 03:54:15 Lat 30.88 Lon -115.35 Pf 20 km – National Seismological (@SismologicoMX) February 1, 2023 9:04 TELLURIC MOVEMENT NORTHWEST OF COALCOMAN. EARTHQUAKE Magnitude 3.1 Loc. 16 km […]
CURP 2023: What are the requirements and how to apply for it for the first time?
The Unique Population Registry Code (curp) is an instrument used to register all persons residing in Mexiconational and foreign, as well as Mexicans living in other countries. According to the Official Gazette of the Federation, the CURP is generated from the basic data (name, surname, sex, date and place of birth) with which a person […]
IMSS 2023 Pension: When does the payment start and who receives this financial aid?
January is about to end and the retired workers and pensioners of the Mexican Institute of Social Security (IMSS) wait for the month of February to receive their corresponding deposit. But, for this second month of the year, the beneficiaries will receive an increase in their pension, as a result of the increase in the […]