MND_NEWS
Sheinbaum announces 13% minimum wage hike to 315 pesos a day
The wage hike, her second since assuming office, advances the president's aim of setting the minimum at the equivalent of 2.5 "basic baskets" of essential food items per month by 2030.
Labor ministry unveils business-backed plan to reduce workweek to 40 hours
According to the government's proposal, the current 48-hour workweek will be gradually reduced to 40 hours by 2030, with mandatory two-hour reductions each year starting in 2027.
After lackluster Q3, OECD trims growth forecasts for 2025 and 2026
The OECD's adjustment to its 2025 forecast came after Mexico's national statistics agency INEGI reported in late November that the Mexican economy grew 0.4% in the first nine months of the year.
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MND Local: San Miguel de Allende community roundup
Art, celebration and Christmas cheer: San Miguel de Allende has it in spades this month.
Mexican banks report record-high consumer credit defaults in October
The age-old problem of people maxing out their credit cards and not paying them off has reached new heights in Mexico, as the "non-performing loan portfolio" soared to US $2.9 billion in October.
As the Atlantic hurricane season comes to a close, the Riviera Maya is blissfully...
Quintana Roo Governor Mara Lezama credited the state’s preparedness for the clean outcome as she praised the people of Quintana Roo and the armed forces for building a culture of prevention.
Pleading guilty in US court, son of ‘El Chapo’ admits to kidnapping Ismael ‘El Mayo’ Zambada in 2024
On Monday, Joaquín Guzmán López, 39, described step-by-step how he orchestrated the kidnapping of the Sinaloa Cartel co-founder, saying that he did it "in the hopes of receiving cooperation credit from the U.S. government for himself and his brother [Ovidio]," who is also jailed.
Mexico’s oldest Christmas fair could be canceled over gang violence in Guerrero
Banners placed in at least three locations in the state capital of Chilpancingo over the past two weeks warned that there would be consequences if the San Mateo Christmas and New Year’s Fair went on as planned, even as the event celebrates its bicentennial.
Remittances to Mexico have declined every month since April
A year-over-year decline of 1.7% in October marked the seventh straight month of a downward trend in remittances to Mexico that began in April.
Mexico on track for record export year after October revenues hit US $66B
Mexico is on track to set a new annual record for export revenue this year and to exceed $600 billion in annual earnings for just the second time ever, after first breaking that barrier in 2024.
UN: Mexico leads Latin America in poverty reduction thanks to minimum wage increases
The pace of poverty reduction in Mexico, and to a lesser degree Brazil, helped Latin America as a whole to reach its lowest poverty rate since the data has been collected.
