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bank of mexico

With slow growth, low inflation, central bank cuts interest rate to 7.25%

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The Bank of México lowered its benchmark interest rate 25 basis points to 7.25% on Thursday, citing slow economic growth and low inflation.
Calderón, left, and García in a photo taken during the former's presidency.

Ex-president Calderón demands evidence to back up government’s new accusations

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Felipe Calderón has demanded the federal government provide evidence to support its accusation that public funds were diverted during his administration.
Pemex won't be offering clean diesel outside major cities for another five years

Regulator gives Pemex a 5-year extension on clean diesel exemption

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The Energy Regulatory Commission has voted in favor of postponing for five more years the implementation of a rule requiring Pemex to sell clean diesel.
Durazo, left, and López Obrador during a report on security.

Large numbers of police uncertified and poorly paid; forces short on numbers

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A new federal report reveals that large numbers of Mexico’s police are uncertified and poorly paid, and that every state force is short on numbers.
The city's silver broom, awarded for cleanliness.

Orizaba is an example of a city that is doing things well

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Orizaba shows that most urban planning and maintenance is best done by the people who live in the communities, as they know best their unique needs.
Information about the train in short supply, critics say.

Maya Train consultation criticized over lack of details about the project

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A lot of the concern about the project is concentrated in areas through which the train will run but where there are no existing tracks.
Miss Nanchital 2020 is going for the Miss Veracruz crown.

Having no arms not an obstacle for Miss Veracruz 2020 contestant

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A contestant in the Miss Veracruz beauty competition is spreading the message that no obstacle is too big for her dreams: Ana Gabriela Molina has no arms.
Seade: the lone negotiator.

Trade negotiator ‘very satisfied’ with outcome after deal nearly goes awry

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Jesús Seade said he was “very satisfied” with assurances from the United States government that U.S. attachés will not serve as “labor inspectors.”
Grand Island Cancún's environmental approval is under review.

Feds reviewing Cancún mega-hotel’s environmental approval

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The approval granted to the 3,000-room Grand Island hotel in Cancún is under review by federal environmental authorities.
Trade Representative Lighthizer.

No labor inspectors will ensure compliance with trade accord: US

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The US will not send “labor inspectors” to Mexico to ensure compliance with the new trade agreement, Trade Representative Robert Lighthizer said.