Friday, July 26, 2024
Pedro Casas Alatriste, CEO of AmCham

5 questions about the elections aftermath with Pedro Casas, CEO of...

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The peso, the court, the cabinet — what's next? Pedro Casas of AmCham breaks down the flurry of political and business headlines since Mexico's elections.
Mexican divers Alejandro Orozco and Gabriela Agúndez pose with the Olympic rings in Paris.

Who is representing Mexico at the opening ceremony of the Olympics...

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Mexico's top female diver and a promising modern pentathlete were selected to bear Mexico's tricolor banner.
Héctor Melesio Cuén Ojeda, 68, was an accomplished businessman and influential politician in Sinaloa.

Héctor Melesio Cuén Ojeda, former mayor of Culiacán, is murdered

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The federal deputy-elect and former mayor of Culiacán, Sinaloa, was attacked hours after leaders of the Sinaloa Cartel were detained in Texas.
Valeria Moy head shot

Opinion: What would a USMCA review look like for Mexico if Trump wins?

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Valeria Moy, an economist and director of IMCO think tank, tackles this question and the pitfalls Mexico could face in upcoming trade negotiations.
A massive sinkhole opened up along Guadalajara's main boulevard on Thursday morning

Huge sinkhole causes chaos in Guadalajara

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A 10-meter-wide sinkhole had traffic stopped throughout Guadalajara on Thursday, and authorities expect repairs to take at least 10 days.
Rain

¡The climate está loco!: Words to discuss Mexican weather

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From sol to lluvía to remembering your paraguas, what vocabulary do you need to discuss Mexico's changing climate?
UPS truck in Mexico

UPS to buy Mexican delivery firm Estafeta ‘as the shift to nearshoring continues’

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UPS CEO Carol Tomé noted that "Mexico's role in global trade is growing" in a statement about the acquisition, which is expected to be finalized this year.
An aerial view of the ArcelorMittal steel plant in Lázaro Cárdenas, Michoacán.

ArcelorMittal steelworks strike in Michoacán ends after 55 days

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Union workers began blocking the steel plant on May 28 due to disagreements over profit-sharing payments.
Finance Minister Rodrigo Ramírez de la O speaks at a podium about the Mexico-China trade balance

Finance minister: Mexico ‘must produce more’ amid growing trade deficit with China

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Mexico is also considering a change to its foreign investment policy that could limit Chinese investment in some sectors.
The new Kaizen plant, inaugurated on July 15, will create 400 jobs.

Siemens inaugurates new plant in Querétaro with a focus on decarbonization

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The new plant comes with an investment of 940 million pesos (US $52.4 million) over the next five years.
Mexico City cityscape view at night with cloudy sky

A cloudy economic forecast? Mexico shows 0% monthly growth in June

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Earlier this week, the International Monetary Fund slightly lowered its forecast for economic growth in both Mexico and the United States in 2024.
Pedro Casas Alatriste

5 questions about Mexico’s semiconductor industry: An interview with Pedro Casas

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Pedro Casas of AmCham sees a clear alignment between the U.S. and Mexico that will transform the region's semiconductor supply chain.
Ministerial meeting of the Americas Partnership for Economic Prosperity, with member country representatives seated at banquet tables in a foermal room at the US White House.

New US initiative could ‘turbocharge’ Mexico’s semiconductor industry

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The Western Hemisphere Semiconductor Initiative aims to turn Mexico and other Latin American nations into semiconductor assembly hubs.
USI officials and officials from Jalisco, Mexico, in a horizontal line all holding part of a red ribbon and holding scissors, readying to cut it as part of an opening ceremony for its new Tonalá plant

Shanghai-based USI opens new manufacturing plant in Tonalá, Jalisco

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Global electronics company Universal Scientific Industrial has opened a new US $82 million plant in the Guadalajara metro area.
Boxes of avocados, an agricultural product for export, in an Uruapán orchard.

Mexican ag exports up more than 7% over 2023

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Two agro-industrial products — beer and agave spirits — were the biggest money-makers this year.
Foreign tourists enjoy Chichén Itzá in Yucatán, Mexico

Mexico’s foreign tourism revenue up 7.7% in May

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The inflow of foreign currency throughout the first five months of the year reached nearly US $15 billion.