Friday, June 21, 2024

Our CEO reflects on Mexico’s year in review

As I take time to reflect on this past year, I cannot help but be inspired and excited by what has happened and what lies ahead in 2024. As a now almost 30-year avid reader of Mexican news, I can’t ever recall a year even close to this one in terms of positive news and momentum for the future of the country.

As you hopefully have noticed, MND has been expanding our content to increasingly include analysis, opinions, and perspectives to better help you understand the news. Our goal is to help you feel comfortable “going deeper” into understanding this complex and awesome country.  I personally have written extensively this past year about a variety of topics and have compiled my (according to me!) greatest hits to provide you a summary of the year and hopefully excite you about what is to come in 2024.

The “super peso”

The “super peso” was a theme on most people’s minds this year

Below is my article on what I think the Bank of Mexico needs to do to weaken the peso a bit (which they have yet to do).  

How to stop a speeding ‘super peso’: A perspective from our CEO

And here I wrote the risks to the country if the peso continues to appreciate too quickly.

Is Mexico getting ‘too’ expensive? A perspective from our CEO

Nearshoring

Nearshoring was another mega topic dominating the news this year.

Here is an article in which I provide my perspective on the current nearshoring opportunity compared to the NAFTA opportunity from a generation ago.

Nearshoring vs NAFTA: A perspective from our CEO

Not all of the investment comes without risks, however, and in this article I explain why I think its important to begin a dialog regarding the level and types of Chinese investments coming into Mexico.

Why should the US care about Chinese investment in Mexico?

I also wrote about why I think trade and relations between India and Mexico is a trend to keep an eye on going forward.

What do India and Mexico have in common? A perspective from our CEO

Mexico rising

“Mexico rising” is a theme that I think will continue to gain momentum across an increasing number of industries. Several are worth special observation given their strategic importance to the economy as well as for being leading indicators to Mexico’s increasing globalization. I highlighted three industries in particular this year:

From ‘The Adobe’ to Tesla: Mexico’s evolving auto industry

What can Mexico’s airline industry tell us about the country’s future?

Nice buzz: Mexico’s growing alcoholic beverage success worldwide

Infrastructure

2023 was a big year for infrastructure in Mexico, with AMLO’s megaprojects dominating the headlines. Here are several perspective pieces I wrote about them:

5 reasons why you should follow the Maya Train project

Why the Tulum airport is inspiring for Mexico’s future: A perspective from our CEO

Can Mexico’s isthmus corridor be an alternative to the Panama Canal?

2024 elections

Mexican politics historically might not have been a big topic of interest to many of our readers, but the 2024 Mexican presidential election campaign so far has been fascinating and historic. Here are a few of my recent perspective pieces:

Tired of US politics? Reasons to follow Mexico’s presidential race

5 differences between presidential politics in Mexico versus the US

Will 2 women compete in Mexico’s 2024 presidential election?

5 reasons you should watch Nuevo León’s Samuel García

Why I’m here

Finally, here are a few more lighthearted articles that I wrote sharing my personal connection with this great country that I now call home:

¡Viva México! It’s time for Mexico to show some swagger

What I’m thankful for living in Mexico: A perspective from our CEO

 

What we can all learn from immigrants: A perspective from our CEO

Thank you for supporting our work and efforts. We appreciate you appreciating what we do by subscribing. Without your support, MND wouldn’t exist.

Travis Bembenek is the CEO of Mexico News Daily and has been living, working or playing in Mexico for over 27 years.

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U.S. Treasury Secretary Janet Yellen announces the new sanctions against La Nueva Familia Michoacana, speaking at a podium

US announces new sanctions targeting members of La Nueva Familia Michoacana

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U.S. officials said the sanctions target leaders, lieutenants and an assassin working for the criminal organization La Nueva Familia Michoacana.
A fisherman points out the bubbling "water eye" in the ocean off Cozumel Island, with a cruise ship and another fishing boat in the background.

Churning “water eye” appears off coast of Cozumel Island in Quintana Roo

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The phenomenon is a result of the Yucatán Peninsula's unusual geology.
A person pours water on his face under blazing sun

Heat-related death toll climbs to 155, more than doubling in 3 weeks

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Tabasco and Veracruz account for nearly half of all heat-related fatalities in the country so far this year.