Group Bimbo announced investments for 50 million dollars in the capital mexicanon the occasion of the 50th anniversary of its bakery located in the Azcapotzalco mayor’s office. The conglomerate with more than 203 bakeries and plants, as well as 1,600 centers and 3.3 million points of sale in 33 countries, explained that this investment will […]
Tag: Mexico
Tremor in Mexico: know all the earthquakes of Friday, January 27
09:08 EARTHQUAKE IN SAN MARCOS EARTHQUAKE Magnitude 3.5 Loc. 30 km SOUTHWEST of SAN MARCOS, GRO 01/27/23 04:20:03 Lat 16.72 Lon -99.66 Pf 2 km – National Seismological (@SismologicoMX) January 27, 2023 09:08 SECOND EARTHQUAKE IN SAN FELIPE EARTHQUAKE Magnitude 3.8 Loc. 30 km NORTHEAST of SAN FELIPE, GTO 01/27/23 04:10:01 Lat 21.72 Lon -101.07 […]
Government of Mexico will support Pemex to pay its debt in 2023
The Mexican president, Andrés Manuel López Obrador, affirmed this Friday that his government will support Petróleos Mexicanos (Pemex), considered the most indebted oil company in the world, to cover the US$ 10,000 million in bonds that it must pay this year. “Yes, we have been supporting Pemex, we will continue to do so because it […]
President of Mexico promises that inflation will drop “soon” after a rebound
The Mexican president, Andrés Manuel López Obrador, promised this Friday that “early”inflation will fall after its rebound at the beginning of the year and last December, when it had its highest annual closing in 22 years. “The last increase we had, which was not much either, is due to the fact that we are ending […]
Pemex bonds fall after new issuance plan sends panic on Wall Street
On Wednesday, the state company’s dollar debt was the worst performer in high-yield markets, while bonds due 2041 fell as much as 2.3 cents to 70.63 cents, according to Trace data. The pullback came after traders considered Pemex’s plan to sell at least $2 billion in new debt, a sum intended to help the company […]
Tremor in Mexico: know all the earthquakes of Thursday, January 26
13:28 MEDIUM INTENSITY EARTHQUAKE IN SALINA CRUZ EARTHQUAKE Magnitude 4.4 Loc 133 km SOUTHEAST of SALINA CRUZ, OAX 01/26/23 11:50:27 Lat 15.04 Lon -94.82 Pf 16 km pic.twitter.com/eQMt0yRX9r – National Seismological (@SismologicoMX) January 26, 2023 11:21 SECOND EARTHQUAKE IN ARRIAGA EARTHQUAKE Magnitude 4.0 Loc 27 km NORTHWEST of ARRIAGA, CHIS 01/26/23 09:58:43 Lat 16.44 Lon […]
Mexico issues alert for a viral challenge to take sleep medications
The Mexican Federal Commission for the Protection against Sanitary Risks (Cofepris) alerted young people this Wednesday to the risk that comes with a challenge that has gone viral on social networks and consists of ingesting sleep medications such as clonazepam. The game, calledwhoever falls asleep last wins”, consists of consuming controlled drugs that induce sleep […]
UN: Latin America and the Caribbean will grow by 1.4% in 2023
After growing at an estimated rate of 3.8% in 2022, this year the Latin American and Caribbean countries will experience a sharp slowdown. Latin America and the Caribbean will grow by only 1.4% in 2023according to calculations presented this Wednesday, January 25, by the United Nations Organization (UN), which warns of a rapid deterioration in […]
Brazil and Mexico register faster than expected inflation
Official data released on Tuesday showed Brazil prices rose 0.55% in mid-January from a month earlier, above analysts’ median estimate of 0.51%. Mexico’s inflation stood at 0.46% during the same period, above the forecast of 0.39%, while core inflation also rose beyond projections. Officials in the major Latin American economies are keeping their guard up […]
AMLO once again refers to Peru and defends Pedro Castillo
The president of Mexico, Andres Manuel Lopez Obrador (AMLO), on Tuesday asked the Community of Latin American and Caribbean States (Celac) for a joint statement against what I call “repression” in Peru. “We must not leave the brotherly people of Peru alone, what they did with Pedro Castillo and the way in which they are […]