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Government workers in four states protest unpaid salaries, bonuses
State government employees and teachers in Baja California, Tabasco, Hidalgo and Chiapas took to the streets this week in protest.
Federal government cancels magical towns’ funding program
Mexico’s 121 magical towns might not receive any federal money in 2019 because the program that currently funds them has been cancelled.
Gold medal for Mexican team at Shanghai robotics competition
Mexican teams dominated the primary school category of the World Educational Robotics contest in China, taking the top three spots.
Spirulina, or ‘Aztec cheese,’ is Mexico’s pre-Hispanic superfood
This miraculous micro-algae was consumed regularly by the Aztecs as a common source of protein harvested from Lake Texcoco.
Central bank ups interest rate to 10-year high of 8.25%
The Bank of México raised its benchmark interest rate to the highest level in 10 years yesterday, and there are signs it could go even higher in 2019.
Government backs off on budget cuts, cites ‘clerical errors’
The federal government has backed off on two budget cuts announced last week, explaining that they were the result of clerical errors.
Bond buyback declared a success, ‘clears the way’ for Santa Lucía airport
The offer to buy back US $1.8 billion in bonds issued to fund the cancelled Mexico City airport has received “overwhelming support” from bondholders.
Border zone minimum wage hike affects 43 municipalities
The higher minimum wage for the northern border area announced this week by the federal government will apply to 43 municipalities in six states.
Mexico, US agree on US $35.6-billion development plan to curb migration
The governments of Mexico and the United States have agreed to work together on a development plan in southern Mexico and Central America to curb migration.
Firm looks at multi-billion-peso medical-residential project in Quintana Roo
A Canadian company appears committed to building a project in Chetumal that would cater to the needs of Canadian retirees.
