Thursday, January 8, 2026

Have you been affected by the sanctions on Mexican banks? Let us know!

U.S. sanctions have left two banks, CIBanco and Intercam, and the brokerage Vector Casa de Bolsa in dire straits. The government has since taken managerial control at all three entities to stabilize them and guarantee the security of client resources, but the institutions’ futures remain uncertain.

As we continue to monitor and cover this issue, we want to hear from readers to make sure we are providing the information that is most relevant to you. Comments shared here may be quoted in upcoming stories, but we’ll only include your name if you choose to provide it in the comment box. You can also share your experience directly with our chief staff writer, Peter Davies, by email at peter.davies@mexiconewsdaily.com.

Have you been affected by the upheaval? Let us know in this brief, three-question survey.


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Downtown Mexico City

Citi survey: Banks predict 1.3% GDP growth, peso weakening to 19:1 in 2026

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Growth forecasts for 2026 from 35 banks surveyed by Citi range from 0.6% to 1.8%, though estimates for 2027 range from 1% to 2.8% — a vote of confidence in Mexico's economy post-USMCA review.
Oil tanker

Why is Mexico suddenly Cuba’s biggest oil supplier?

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The news that Mexico is the island nation's top oil supplier seems at odds with Trump's anti-Cuba agenda, but President Sheinbaum clarified Tuesday that shipment levels remain consistent with previous years.
telephone booth in operation

The CFE is bringing back the phone booth in rural Mexico

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The new public phones operate simply: pick up the receiver, punch the number, talk, hang up. The major difference between the new ones and the old ones is that all calls are now free.
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