This week, Pedro Castillo He was arrested after trying to give a coup d’état and close the Peruvian Congress. Given the fact, he tried to obtain political asylum from Mexico. President Andres Manuel Lopez He stated that he would give him asylum at the embassy. However, it is not the first time that Mexico has […]
Tag: Mexico
Mexican startup Kavak lays off staff, cuts expenses
Mexican used car platform Kavak has cut major spending and laid off staff ahead of a challenging 2023, according to an internal email seen by Reuters on Friday. Carlos Garcia, the startup’s chief executive, said in the email that Kavak made “significant cuts in expenses (…) reducing the size of the team” accordingly. The email […]
AMLO begins visit to Cuba without speeches or comments
Lima, 05/08/2022 11:14 am the president of Mexico, Andres Manuel Lopez Obradorstarted this Sunday in Havana official conversations with his Cuban counterpart Miguel Diaz-Canelwithout making statements or comments to the large press that covers his visit. Shortly after 10:00 local time (2:00 p.m. GMT), López Obrador arrived at the Plaza de la Revolución in Havana […]
Mexico flirts with bitcoin, now in the Senate
Mexico flirt with him bitcoin and curiosity towards cryptocurrency has already set in among politicians. First there were those who are passionate about technology, young entrepreneurs and companies that use it to provide financial services —the Fintechs. Then the full support offered by one of the richest men in the country, Ricardo Salinas Pliegowhich strongly […]
Mexico and Intel join forces against the semiconductor crisis in the industry
the tech giant Intel and the Mexican government announced an agreement to strengthen the semiconductor supply chain in the country, where shortages of this input cause a crisis in the industry, particularly in the crucial automotive sector. “We are announcing an agreement that will precisely allow us to strengthen the entire semiconductor supply chain in […]
Amid doubts, Mexican president inaugurates new airport
Mexican President Andrés Manuel López Obrador inaugurated a new airport on Monday to serve the capital, more than three years after scrapping a $13 billion private air terminal that the previous government began building and described as a symbol of corruption. The military base north of Mexico City that López Obrador has converted into the […]
Mexico would stop cutting oil exports due to price rise
Mexico would keep its crude exports at around 1 million barrels a day to take advantage of the recent spike in prices, temporarily delaying President Andrés Manuel López Obrador’s plan to cut them in half as part of his energy self-sufficiency goal, a person said. with direct knowledge of the situation. The government is reviewing […]
Chilean startup Houm seeks to accelerate growth in Mexico
Updated on 03/20/2022 04:52 am Houm Group Inc., a Chilean startup specializing in property rental and purchase services, plans to expand to five new cities in Mexico before the end of the year and will study another round of financing in the next 12 months, according to its CEO and founder, Benjamin Labs. Houm operates […]
The US and Mexico prepare for a migration wave due to inflation
The governments of the United States and Mexico are bracing for a surge in undocumented immigrants heading to their border in the coming months, after faster inflation in key Central American countries worsened economic difficulties. Officials from the administrations of Presidents Joe Biden and Andrés Manuel López Obrador discussed in recent days their concern about […]
The effects that the Latin American economy will have due to the Russian invasion in Ukraine
Russia’s invasion of Ukraine is progressively affecting various Latin American countries such as Brazil, Colombia, Ecuador, Mexico, among others. The respective products that were exported and imported to the nation presided over by Vladimir Putin are having a low volume of commercial exchange. The economist specializing in Latin America of the British consultancy Capital Economics, […]