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12 Sep 23
More than $12bn of cash injections from the government and a lower profit sharing rate will not be enough to get Mexico’s state oil company back to sustainability, although it will help in the short...
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12 Jul 22
“Economic scarring” from Covid-19 has been cited alongside high borrowing costs as the reason for ratings agency Moody’s lowering its judgement of Mexico’s debt affordability.
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23 Feb 22
The Mexican government’s finances have remained sound since the onset of Covid-19 but the government needs an “ambitious” set of reforms to cement the economic recovery, the OECD has said.
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3 Sep 21
Mexico’s new finance minister has confirmed that the government will continue to offer support to state-owned oil company Pemex, which is in billions of dollars of debt.
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26 May 21
Growth in Central American and Caribbean nations is set to lag behind that in similarly-rated counterparts as Covid-19 exacerbates underlying financial weaknesses, according to ratings agency Fitch.
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26 Feb 21
Mexico’s state auditor has backtracked on its findings about the president’s decision to halt building work on an airport, after previously saying it would cost three-times the government’s estimate.
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24 Jan 20
Latin America’s sprawling cities were once synonymous with slums and violence. Now, under dynamic local leadership, they’re taking off as engines of growth.
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24 Jan 20
Donald Trump’s pressure on Mexico to host asylum-seekers after his ‘expedited removal’ of 300,000 immigrants has dashed the country’s hopes of developing a progressive migration policy.
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27 Nov 19
Children in Mexico will be taught ‘fiscal citizenship’ in a scheme the government hopes will promote taxpaying as a social responsibility.
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23 Oct 19
The IMF’s Frederic Lambert explains how social spending in Mexico has been effective in alleviating poverty and containing income inequality.
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11 Oct 19
Donald Trump’s pressure on Mexico to host asylum-seekers after his ‘expedited removal’ of 300,000 immigrants has dashed the country’s hopes of developing a progressive migration policy, writes Gavin...
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1 Jul 19
Mexico is considering issuing its first ‘Panda bond’ – debt denominated in Chinese yuan – in an effort to broaden the country’s investor base.
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28 Jun 19
Democrats in the US congress have backed a bill to rush $4.5bn emergency humanitarian aid to the southern border amid headlines about the suffering of migrants.
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21 May 19
Efforts to tackle migration from Central America are at the heart of the region’s innovative effort to demonstrate it is focusing more on development than concerns over security.
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13 May 19
Critics of the country’s progressive president were quick to react to a short-term setback while ignoring the bigger picture, writes Gavin O’Toole.
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10 May 19
Mexico needs a new economic strategy to boost growth and reduce high levels of poverty and inequality, according to the OECD.
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15 Feb 19
US president Donald Trump has agreed to sign spending plans to keep the government open but intends to use emergency powers to get funding for the wall on the Mexican border.
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2 Jan 19
The partial US government shutdown continues over Donald Trump’s demands for $5bn to fund a wall along the Mexican border.
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12 Dec 18
Mexico will invest more than $30m in its southern states over the next five years to boost economic growth and tackle migration in and out of the country, the foreign minister has said.
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10 Dec 18
Mexico’s supreme court has suspended a new law that would cut all public sector salaries to below the president’s new reduced salary.
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16 Nov 18
Can Mexico’s new president fund his ‘peaceful social revolution’ by tackling corruption? Asks Gavin O’Toole.
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1 Oct 18
The US, Canada and Mexico have reached a “new, modernised trade agreement” to replace the current North American Free Trade Agreement.
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30 Jul 18
Mexico’s newly elected president has pledged to boost the country’s long-neglected oil sector, he announced on Friday.
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2 Jul 18
Andrés Manuel López Obrador has swept to victory in Mexico’s presidential elections on a pledge to wipe out corruption, which he said was driving social inequality and violence.
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29 Jun 18
The frontrunner in Sunday’s election promises to resurrect a strong state but his enemies say he is a false prophet, writes Gavin O’Toole.