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Tag Results for "Mexican Economy"

Remittances to Mexico Rise by 7.8 Percent in May to $2.34 Billion

Remittances from Mexicans living abroad climbed 7.8 percent in May compared with the same month in 2011, the central bank said Monday. continue reading »

Foreign Investment in Mexico Increase 9.7% in 2011

Mexico received $19.44 billion in foreign direct investment last year, an increase of 9.7 percent over 2010, the economy ministry said Monday. continue reading »

An Overview of Mexican Economy by Al Jazeera (VIDEO)

Check out Al Jazeera's overview on Mexico's economy. The report notes that despite a tough economic climate, Mexico has been weathering the storm thanks to the free trade agreement with the U.S. giving it access to the world's largest consumer market. continue reading »

Mexican Economy Pegged to Grow 3.25% in 2012

Mexico's economy will grow 3.25 percent in 2012 even though the economic problems in Europe and the United States remain unresolved and could lead to even bigger woes continue reading »

Remittances to Mexico from Migrants for First Six Months of 2011 Were Up by 4.7%, Totaling $11.16B

Mexican national living and working outside of Mexico sent remittances totaling $11.16 Billion for the first six month of the year. This amount is a 4.7% increase from the same time last year. continue reading »

Mexico to Boost Agricultural and Fisheries Productivity

The Inter-American Development Bank today approved a $190 million loan to Mexico to promote sustainable increases in agriculture and fisheries productivity. The Mexican government, through its Department of Agriculture (SAGARPA, for its Spanish acronym), will contribute $74.4 million, bringing the total investments to $264.4 million and benefiting around five million rural producers. continue reading »

Mexico and Volkswagen’s 50 Year History Keeps Growing with New $400 Million Investment

At the launching of the production of the New Beetle, Mexico's President Felipe Calderon said that he was pleased to be in Puebla to begin a new chapter in the long history of successes Mexico and Volkswagen have jointly achieved over nearly 50 years. continue reading »

Mexico and Volkswagen’s 50 Year History Keeps Growing with New $400 Million Investment

At the launching of the production of the New Beetle, Mexico's President Felipe Calderon said that he was pleased to be in Puebla to begin a new chapter in the long history of successes Mexico and Volkswagen have jointly achieved over nearly 50 years. continue reading »

Mexico’s Peso Rising to Highest Levels in Years, While Amassing Foreign Reserves

As Mexico closed its financial markets for the Easter holiday last week, the peso reached 11.5960 a peak it hadn’t reached since 2008. The peso is at these high levels thanks to its improving export-economy and flows of capital by foreign investment portfolios. continue reading »

Mexico’s Peso Rising to Highest Levels in Years, While Amassing Foreign Reserves

As Mexico closed its financial markets for the Easter holiday last week, the peso reached 11.5960 a peak it hadn’t reached since 2008. The peso is at these high levels thanks to its improving export-economy and flows of capital by foreign investment portfolios. continue reading »

2010 Saw 730,000 Jobs Created in Mexico According to President Calderon

Mexican President Felipe Calderon in his New Year message announced the 730,000 jobs were created in the country, the highest number in a decade. continue reading »

Mexico Spending $1 billion to Strengthen Finances and Fiscal Management Policies

During 2009 the Mexican economy suffered its worst contraction since the 1930s, due to declining international financial markets and the sharp drop in exports. This caused a sharp drop in fiscal income, both from taxes and from petroleum activity. continue reading »