Everything in Mexico Runs on its Own Time: COVID Vaccine Developed by Mexico Finally Gets Approval for Use

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• Mexican Peso Depreciates Sharply Amid Dollar Strengthening and Economic Uncertainty Puerto Vallarta, Mexico – The Mexican peso experienced a significant depreciation on Wednesday, driven by the strengthening of the US dollar and anticipation of crucial economic data from both Mexico and the United States. The local currency lost more than 20 cents, closing the day at an exchange rate of 18.3648 pesos per dollar, down…
• Residents and Merchants Block Roads in Puerto Vallarta Demanding Completion of Street Repairs Puerto Vallarta, Mexico - In a significant act of protest, residents and merchants from San Salvador Street in Puerto Vallarta blocked the intersection of San Salvador Street and Mexico Avenue today, calling on municipal authorities to fulfill their promises to complete the road repairs. The incomplete repairs have rendered the street nearly impassable, adversely affecting…
• Puerto Vallarta’s Historic Center Faces Crisis: Abandoned Properties, Homelessness, and Insecurity Puerto Vallarta, Mexico — The heart of Puerto Vallarta, its Historic Center, is in decline. According to a recent study by the Municipal Government, the area is plagued by 249 abandoned, closed, or uninhabited houses and premises. The growing number of homeless people, increased insecurity, dirt, and foul odors are further signs of the crisis.…
• National Guard Increases Patrols in Puerto Vallarta to Deter Crime Puerto Vallarta, Jalisco - In an ongoing effort to maintain security and prevent criminal activities, the National Guard is conducting regular patrols throughout Puerto Vallarta. The presence of National Guard personnel aims to deter criminal acts and ensure the safety of both residents and visitors in the city. During one such patrol along Politécnico Nacional…
• Mexican Peso Continues to Fall Amid Volatile Session Puerto Vallarta, Mexico – The Mexican peso experienced a significant decline on Thursday during a session marked by high volatility. The local currency lost ground in the wake of the Bank of Mexico’s (Banxico) monetary policy announcement, coinciding with the unveiling of new members of the upcoming government's cabinet. At the close of trading, the…
• Tourism in Puerto Vallarta Generated One Billion Dollars During the First Five Months of the Year Puerto Vallarta, Mexico—During the first five months of this year, Puerto Vallarta emerged as a major economic driver for the state of Jalisco, receiving a staggering 17.63 billion pesos from tourists, nearly one billion US Dollars, according to the State Tourism Information System (SITE). This remarkable influx of tourism revenue underscores the importance of the…
• Inflation in Mexico Rises in Early June, Reaching Highest Level Since February Puerto Vallarta, Jalisco – Inflation in Mexico continues its upward trend, with the National Consumer Price Index (INPC) reaching 4.78% annually in the first half of June, an increase from the 4.69% recorded at the end of May, according to the National Institute of Statistics and Geography (Inegi). This marks the highest inflation level since…
• FBI Warns Cartels Have Stolen $300 Million Dollars From Americans in Timeshare Scams Puerto Vallarta, Mexico—The FBI has seen a rise in scams targeting timeshare owners. In these scams, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.    Its primary choice of victim—older Americans—technically makes timeshare fraud a form of elder fraud, or crime that…
• Non-Compliance in Hotel Accommodation and Tourist Services Tops Consumer Complaints in Puerto Vallarta Puerto Vallarta, Mexico - The Federal Consumer Attorney's Office in the interstate metropolitan area of Puerto Vallarta-Bahía de Banderas has identified non-compliance in hotel accommodation and the provision of tourist services as the leading consumer complaints. These issues were highlighted by Álvaro Alberto Dávila Castro, director of the Federal Consumer Protection Agency (Profeco) office for…
• Thousands at Risk in Puerto Vallarta Due to Flooding and Landslides This Rainy Season Puerto Vallarta, Jalisco – More than a thousand residents are currently living in over a dozen high-risk areas prone to flooding and landslides, according to the latest announcement from the director of Civil Protection and Firefighters of Puerto Vallarta, Gerardo Alonso Castillo Andrade. "We have identified several critical areas, such as Boca de Tomatlán, Mismaloya…