Seeking to improve understanding, communication, and cooperation between Mexico and the United States by promoting original research, encouraging public discussion, and proposing policy options for enhancing the bilateral relationship.
10/04/2022
Source: Mexico News Daily
The federal government has reached a new agreement with a range of private companies that aims to keep prices of basic food products down amid inflation that reached almost 9% in the first half of September.
President López Obrador and Finance Minister Rogelio Ramírez de la O on Monday presented an enhanced version of the purported inflation-busting plan that they first announced in early May.
28/09/2022
Fuente: El Universal
Pese a que la tasa de desocupación en México reportó un ligero aumento de julio a agosto pasado, el número de estados con un nivel de desempleo superior a la media nacional se redujo de 13 a 11 en ese periodo, como consecuencia de la recuperación del mercado laboral.
A nivel nacional, la población desocupada, es decir quienes se encuentran sin laborar, pero que buscan trabajo, fue de 2.1 millones de personas el mes pasado, lo que representó 3.5% de la Población Económicamente Activa (PEA), tasa ligeramente mayor a la de 3.4% reportada un mes antes, de acuerdo con datos del Inegi.
Source: Bloomberg
9/14/2022
When César Santos was growing up in the 1960s, he spent his weekends surrounded by horses and cattle on his father’s ranch outside Monterrey, Mexico. Today, a red monolith emblazoned with the words “Hofusan Industrial Park” announces that the patch of dusty wasteland has a new purpose.
Located in a prime spot between Mexico’s industrial capital and the US border, Hofusan has become a haven for Chinese manufacturers looking to sidestep US tariffs and shorten supply chains that have been strained to a breaking point during the pandemic. The 11 plants and warehouses on the 850-hectare (2,100-acre) estate are part of the latest chapter in Chinese capitalism: The country dubbed the world’s factory now also exports white-collar managers to set up and run operations in places such as Vietnam, Thailand, and Mexico.
Fuente: El Universal
06/07/2022
La calificadora Standards And Poor’s ratificó las calificaciones en moneda extranjera de largo plazo de ‘BBB’ y en moneda local de ‘BBB+’ de México y revisó la perspectiva de las calificaciones soberanas del país a estable de negativa.
“A pesar de las presiones sobre la inflación y el crecimiento, en medio de shocks de precios internacionales y el creciente riesgo de recesión en Estados Unidos, esperamos que continúe la ejecución cautelosa de las políticas fiscales y monetarias de México durante lo que resta del gobierno de Andrés Manuel López Obrador y que el índice de deuda neta del gobierno general del país se mantenga estable”, explicó.
Date: February 18, 2022
Source: Aljazeera
Mexico City, Mexico – The CEO of the United States Business Association of E-Commerce (USBAEC), Tayde Aburto, has a message for the Mexican government: Encourage more US firms to move businesses they have offshored to China and Southeast Asia closer to home.
“Some of our members have been successfully nearshoring to Mexico for several years,” Aburto told Al Jazeera. “About 5 percent of our members had taken up nearshoring prior to the pandemic.”
Date: Jan. 26, 2022
Source: NBC News
COMACHUÉN, Mexico — Mexico’s remittances — the money Mexican immigrants in the U.S. and other countries send home to their relatives — have soared in the past two years, and are now expected to top $50 billion for the first time once 2021′s figures are added up. That would surpass almost all other sources of Mexico’s foreign income.
But as happy as the Mexican government is about the news — it calls the migrants “heroes” — the boom raises questions: Will Mexicans always have to emigrate? And is it sustainable, or just blip fueled in part by U.S. government pandemic support payments?
Source: Reuters
MEXICO CITY, Nov 22 (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Monday he proposed a plan last week to boost investment in North America to reduce reliance on foreign imports in his talks with U.S. President Joe Biden and Canada’s Prime Minister Justin Trudeau.
During the summit in Washington, Lopez Obrador said if North America did not move to strengthen its economy, the region risked being left behind by China, and suggested Canada and the United States should make more use of migrant labor.
12/02/19 – Chamber Business News
By Graham Bosch
Mexico is Arizona’s top trading partner, accounting for about 30 percent of the state’s exports to foreign markets, according to an extensive ongoing study by the Eller College of Management at the University of Arizona.
With that in mind, it’s no wonder that business leaders, trade experts and economists agree the cross-border relationship is of the utmost importance to Arizona when it comes to trade, manufacturing, education, safety, tourism and more.
11/21/19 – Reuters
By Julia Love
Spanish telecoms giant Telefonica has struck a deal to use some of U.S. rival AT&T’s infrastructure in Mexico, a move analysts said would better position both to compete with the market’s juggernaut, billionaire Carlos Slim’s America Movil.
Under the agreement announced on Thursday, Telefonica will use AT&T’s wireless ‘last-mile’ equipment – the final link of telecom networks that delivers service to consumers through towers, antennas and fiber-optic cables.
11/18/19 – Reuters
By Nick Carey
Long before the pistons for General Motors Co V-6 engines reach the U.S. No. 1 automaker’s Romulus, Michigan plant, they are seasoned international travelers.
Powdered aluminum from Tennessee is shipped to Pennsylvania and forged at high temperatures into connecting rods for the pistons, which are then sent to Canada to be shaped and polished. They are then shipped to Mexico for sub-assembly and finally the finished pistons are loaded onto trucks bound for Romulus to become part of a GM V-6 engine.
Mexico Institute 