Posted on December 16, 2008 by mexicoinstitute
Bloomberg, 12/16/2008
Mexico, the third-largest supplier of crude to the U.S., said any moves to stabilize oil markets would be perceived as “positive,” on the eve of an OPEC meeting in Algeria to discuss a possible cut in output.
Mexico is watching the outcome of the meeting closely, said Hector Escalante, chief of communications for the Energy [...]
Filed under: Economic Integration, Energy and Natural Resources | Tagged: Mexico, Energy, Oil, Crude, Petroleum, OPEC, Output, Reduction, Hydrocarbon, Stability | Leave a Comment »
Posted on December 16, 2008 by mexicoinstitute
Los Angeles Times, 12/16/2008
Facing an economic slowdown after years of brisk growth, Latin American nations from Mexico to Argentina have launched stimulus plans amid fears of recession, rising poverty and social unrest. Central banks have moved to stabilize currencies, boost employment and bolster consumer confidence in an attempt to limit the fallout from the global [...]
Filed under: Economic Integration, Migration and Migrants | Tagged: 2009, Banco de Mexico, Banxico, Economic meltdown, Economy, Felipe Calderon, financial crisis, Fiscal policy, GDP, Growth, Latin America, Mexican economy, Mexico, Poverty, Remittances, Social, Stimulus | Leave a Comment »
