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Tag Results for "Mexican Economy"

President Clinton Authorized $20 Billion Loan to Mexico in 1995

Today in Latin American history, President Bill Clinton authorized a $20 billion loan to Mexico to stabilize its economy in 1995. continue reading »

Enrique Peña Nieto Unveils $2 Billion Stimulus Program for Mexico

Mexican President Enrique Peña Nieto on Friday unveiled a $2 billion public works program aimed at spurring economic growth over the final months of 2013. Amid a recent economic slowdown, "we're faced with the need to accelerate public spending," he said in an event at the Los Pinos presidential palace. continue reading »

Mexico Sees $8.3 Billion in Revenues from Foreign Tourists

Revenues from international tourists totaled $8.3 billion in the January-July period, up 7.2 percent compared to the same period in 2012, the Mexican Tourism Secretariat said. continue reading »

Controversial Dragon Mart Get Construction Start Date

The Quintana Roo state supreme court ordered officials in the city of Benito Juarez, where Cancun is located, to issue building permits to Dragon Mart's developers. continue reading »

Mexico Looks to Improve Relations with Asia-Pacific Countries

President Enrique Peña Nieto plans to consolidate the "strategy of moving closer to countries in the Asia-Pacific region" before completing his first year in office, allowing Mexico to expand trade and investment, Foreign Relations Secretary Jose Antonio Meade told Efe. continue reading »

Mexico Seeks “Large-Scale Productive Integration” with U.S.

Trade between Mexico and the United States, which amounted to nearly $500 billion in 2012, is indicative of well-developed commercial integration that should evolve into large-scale "productive integration," Mexican Economy Secretary Ildefonso Guajardo said. continue reading »

“Illegal” Mining Strike Ends in Mexico With Agreement

Workers at the El Coronel mine in the central Mexican state of Zacatecas ended a two-month-old strike after reaching an agreement with mining firm Frisco, the federal Labor Secretariat said. continue reading »

U.S.-Mexico Trade Boom: Fuels Effort to Build Better Border Crossings

New Mexico Gov. Susana Martinez, a Republican who won office three years ago calling for more secure borders, now focuses on the border region for another reason: boosting trade with Mexico. continue reading »

Energy Overhaul Could Make Mexico Natgas Exporter, Says President

President Enrique Peña Nieto says that Mexico, which currently imports 30 percent of its supply of natural gas and suffers shortages, could become an exporter of that fuel if an energy overhaul he sent to Congress this week is approved. continue reading »

Foreign Reserves Rise $5.8 Billion in Mexico

Mexico's foreign reserves have risen by $5.81 billion to nearly $169.33 billion this year, with all figures as of Aug. 9, the Bank of Mexico said Tuesday. continue reading »

Consumer Prices Fall in Mexico in July

Mexico's consumer price index fell 0.03 percent in July, compared to the previous month, bringing the inflation rate over the past 12 months to 3.47 percent, the National Institute of Statistics and Geography, or INEGI, said Thursday. continue reading »

Remittances to Mexico Down 9.1 Percent

Remittances sent by Mexicans living abroad fell 9.1 percent to $5.88 billion in the second quarter, compared to the same period in 2012, the Bank of Mexico said Thursday. continue reading »

Mexican Economy to See Boost in Second Half of 2013

Mexico's government expects a "clear acceleration" of the economy in the second half and has no immediate plans to alter its forecast of 3.1 percent growth for this year, Finance Secretary Luis Videgaray said. continue reading »

Enrique Peña Nieto Vows to Develop Domestic Industry

Mexican President Enrique Peña Nieto pledged "to develop more domestic industry" as a means of boosting incomes and spurring economic growth. continue reading »

MEXICO NEWS: Household Income Grew 1.5 Perent from 2010-12

The incomes of Mexico's 31.5 million households grew by 1.5 percent between 2010 and 2012, the National Statistics and Geography Institute, or Inegi, reported Tuesday. continue reading »

Companies Plan to Invest $27 Billion in Mexico

Mexico's biggest companies plan to invest $27 billion this year, the Mexican Businessmen's Council, or CMHN, said. CMHN president Claudio X. Gonzalez made the announcement during a meeting with Economy Secretary Ildefonso Guajardo. continue reading »

Remittances to Mexico Fall for 11th Consecutive Month

Remittances sent by Mexicans living abroad fell 13.2 percent to $2.03 billion in May, compared to the same month in 2012, the Bank of Mexico said Monday. continue reading »

Mexican Economy to See More Growth in 2014

Mexico's economy, which will experience slower growth in the first half of 2013 due to headwinds from the United States, will have a stronger performance next year, the Organization for Economic Cooperation and Development, or OECD, said Wednesday. continue reading »

Government To Give Nearly $200 Million to Mexican Ranchers

The government will provide 2.46 billion pesos ($199 million) in assistance to ranchers affected by droughts and freezes in Mexico, Agriculture and Ranching Secretary Enrique Martinez y Martinez said. continue reading »

Will Next World Trade Organization Head be Latin American?

The contest to succeed France's Pascal Lamy as head of the World Trade Organization has come down to a choice between the candidates from Brazil and Mexico, diplomats said here Thursday. continue reading »