Mexico and L.A. ‘are brothers,’ says Sheinbaum: Tuesday’s mañanera recapped
At her daily press conference, President Sheinbaum spoke of Mexico and Los Angeles' long fraternal history in explaining her decision to send Mexico's firefighters to fight the L.A. wildfires.
Good news! Monarch migration is up in Michoacán
The migrating monarchs got to Mexico late this year, but their numbers are up, say caretakers at the Monarch Butterfly Biosphere Reserve.
Sheinbaum wants to make Mexico 10th largest economy in the world...
Sheinbaum said that there is already US $277 billion in the investment pipeline.
Zarazúa becomes first Mexican to win an AUS Open match in 25 years
With her victory on Monday, Renata Zarazúa marked Mexico’s first win at Melbourne Park since Angélica Gavaldon beat Tzipi Obziler in 2000.
Wildfire report: Mexico saw a 60% increase in destruction from forest blazes in 2024
Mexico’s National Forestry Commission (Conafor) reported that the total area destroyed — 1.67 million hectares — was the most recorded since it began keeping records in 1998.
Amazon to invest US $5B in Querétaro data ‘region’
“It is a commitment to Mexico, it shows that there is confidence in our country to invest,” Sheinbaum said about Amazon's investment.
Mexico hits record-high trade surplus with US in 2024
Mexico stayed the U.S.' top source of imports in 2024, according to the U.S. Census Bureau, sending north a total value of US $466.62 billion in exports.
Korean EV parts manufacturer invests US $25M in Coahuila
Local authorities hope to attract other automotive tech companies to the state as they seek to position Monclova as a key player in the growing EV sector.
New e-commerce tariffs take effect, with Chinese imports paying some of the highest rates
On top of having to pay a new tax, foreign e-commerce faces new tariffs, with exceptions for Mexico's trade agreement partners.
Mexico’s 2025 GDP growth likely to lag behind other LatAm nations
A recent survey by Mexico's central bank found that 59% of respondents said it was a "bad time" to invest in Mexico.
New tax rule for foreign e-commerce sites selling in Mexico takes effect
The new rule closes a tax loophole e-commerce companies like Amazon, Temu and Shein previously enjoyed on sales in Mexico.
Mexico is sitting on 500 million liters of unsold tequila
After more than a decade of growth, demand for tequila is falling in the U.S., forcing some Mexican producers to cut prices.
Mexico’s year in review: The 10 biggest business and economics stories of 2024
2024 was a wild ride economically for Mexico, with major foreign investment plans, a volatile peso, threats of a tariff war and more.
Bank of Mexico could cut interest rates by up to 50 basis points in February, deputy governor says
Deputy Governor Jonathan Heath told reporters this week that growing uncertainty with regard to U.S. trade will be a key factor in the decision.
Green hydrogen projects worth US $21B in Mexico’s pipeline
Mexico's Energy Ministry is funding 18 new green hydrogen projects, hoping to provide 3 million new jobs and help Mexico reach its emissions reduction targets by 2030.
With state oil company Pemex behind on payments, small suppliers face financial crisis
Small Gulf Coast subcontractors are struggling to pay Christmas bonuses and other end-of-year obligations, or even shutting down entirely.
