Tag

Economy

Mexico’s domestic airline industry in shambles

MEXICO CITY (AP) — Mexico’s domestic airline industry is in shambles, plagued by safety problems, a ratings downgrade by the U.S. Federal Aviation Administration, and...
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Foreign investment in Mexico increases 30% from January to September 2022

The Ministry of Economy reported that from January to September 2022, Foreign Direct Investment (FDI) increased by 29.5 percent in Mexico compared to the same...
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Citibanamex refuses power of attorney letter and demands woman arrive on stretcher with paramedics to receive her new bank card

Using banks in Mexico can be a nightmare, but in the case of Doña Dolores Gómez, a bedridden woman of 89 years of age, banking...
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Bank of Mexico raises the interest rate to 10%

The Bank of Mexico (Banxico) raised the reference interest rate by 75 basis points to a historical maximum level of 10.0 percent, in accordance with...
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Users and advertisers are fleeing the new Elon Musk Twitter chaos

Less than two weeks after taking over, the era of Elon Musk at the helm of Twitter has been chaos with mass layoffs, office closures,...
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Car service Beat suddenly leaves Mexico

The application transport company, Beat, announced that it will stop its operations in Mexico and other Latin American countries. It was through a publication on...
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Elon Musk fires all Twitter employees in Mexico

According to Twitter employees in Mexico, the entire Mexico division was informed of their termination on Friday morning.
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Mexico’s economy grows 1% in the third quarter

Mexico's economy grew 1% in the July-September period compared to the previous quarter, according to the quarterly estimate of the National Institute of Statistics and...
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Business owners in Puerto Vallarta do not want the army patrolling the streets

The businessmen of Puerto Vallarta agree that the Mexican Army should not continue in the streets and what should be done is to strengthen local...
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Mexico taps private sector again in effort to keep food prices down

MEXICO CITY, Oct 3 (Reuters) - Mexican President Andres Manuel Lopez Obrador is expected to announce the details of a new deal with companies to...
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Bank of Mexico raises the interest rate to 9.25%, the highest level since 2008

Faced with the highest inflation in more than 20 years, the Bank of Mexico continues to raise the interest rate. On Thursday, the central bank's...
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Mexico president reaches agreement with companies to maintain basic food prices

MEXICO CITY, Sept 23 (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Friday he had reached an agreement with companies to maintain prices...
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