Mexico Financial News

29.06 / 14:45
UPS Waves Continental BAY pop reports What is a meteotsunami? What happened when it hit shores of Lake Michigan?
Lake Michigan, the question that has popped up is..what is a meteotsunami? According to the National Oceanic and Atmospheric Administration, 'meteotsunamis' are large waves, driven by air-pressure disturbances often associated with fast-moving weather events, such as severe thunderstorms, squalls, and other storm fronts. They are not the result of seismic activities. It happens when the storm generates a wave that moves toward the shore. It is amplified by a shallow continental shelf and inlet, bay, or other coastal features.
28.06 / 12:35
Progressive economy Election President performer Latin Interviews Mexico opts to keep rates at 11% amid volatile peso
The peso’s volatility influenced the central bank’s decision Thursday to hold rates steady, Banco de Mexico’s Governor Victoria Rodriguez said. Given its possible effects on inflation, it could also play a role in how the bank weighs future cuts.
28.06 / 12:15
Citi FIVE Sustainability President Experts country Department Mexico’s incoming president appoints expert in sustainable development as head of energy
Mexico’s incoming President Claudia Sheinbaum has announced five more members of her future cabinet
27.06 / 23:43
UPS Manufacturing Trade country social Latin consequences US automobile industry threatened by prospects of Chinese EVs entering the country through the Mexican border
Mexican border using the rules framed under the US-Mexico-Canada Trade Agreement. The average price of an EV vehicle manufactured in the US is $55,000 and the Chinese vehicles are priced at half this rate. The US has many options to tackle what may be termed as an “unfair trade practice”. There are several economic and social consequences, the US will need to deal with. The primary concern is related to job loss. The American automobile industry is threatened by this.
27.06 / 12:49
markets CEO JPMorgan President Latin Relationships International Americana Partners takes aim at LatAm wealth opportunity
Americana Partners, a Texas RIA managing over $7 billion in assets, is breaking into the Latin American market with the creation of a new dedicated division.
27.06 / 05:19
Citi Waters Extreme Analysis Death wellness country The rise of the truly cruel summer
dangerous levels of heat. This year is no exception—indeed, it carries the trend further. In Saudi Arabia more than 1,300 pilgrims died during the hajj , the pilgrimage to Mecca, as temperatures exceeded 50°C.
26.06 / 08:27
markets UPS Provident Trade Updates Chipotle stock price falls 98%! Here’s why CMG share is trading at $65 today
On Wednesday, when the US stock market opens, a significant decline in Chipotle Mexican Grill’s stock price will be seen! It is not a market prediction but elementary. The fact is that Chipotle’s shares will begin trading on a post-split basis at the market open on Wednesday, June 26, 2024.
25.06 / 07:25
security Death President reports travelers Department US ambassador visits conflict-ridden Mexican state to expedite avocado inspections
U.S. Ambassador Ken Salazar praised Mexico’s effort protect U.S. agricultural inspectors in the conflict-ridden state of Michoacan on Monday, a week after the U.S. suspended avocado and mango inspections following an attack on inspectors
24.06 / 20:20
markets UPS economy Parke Justice Courts The Supreme Court will consider reinstating a critical approval for a rail project in eastern Utah
The Supreme Court agreed on Monday to consider reviving a critical approval for a railroad project that would carry crude oil and boost fossil fuel production in rural eastern Utah. The justices will review an appeals court ruling that overturned the approval issued by the Surface Transportation Board for the Uinta Basin Railway, an 88-mile (142-kilometer) railroad line. Arguments will take place in the fall.
24.06 / 03:55
markets Digital Manufacturing economy Celebrity country reports Rana Daggubati and two partners invest $10 million in new tequila brand
Mint. "We worked with a good master distiller and started contract manufacturing but the branding began about a year ago. This is a celebration drink, and there's a unique way that India celebrates.
23.06 / 23:01
CEO Volkswagen economy Southern track country Relationships South Carolina governor visiting Germany, a major driver of the state's economy
South Carolina Gov. Henry McMaster is off to Germany next week to strengthen the business ties that have fueled an economic boom this century in the formerly struggling Southern state
23.06 / 22:43
UPS Citi Volkswagen PINK Boxing blues A Mexico City neighborhood keeps the iconic Volkswagen Beetle alive
The Volkswagen Beetle may have been born in Germany, but the “Bug” is king in a neighborhood on the fringes of Mexico City
23.06 / 22:43
Citi Provident security Death Trade reports Department US will gradually resume avocado inspections in conflictive Mexican state, ambassador says
U.S. government inspections of avocados and mangoes in the Mexican state of Michoacan will gradually resume
23.06 / 14:39
markets COST Extreme Manufacturing security reports Investigations The rise of Chinese EVs is dividing the West
America and Europe are heading down different roads in response to China’s emergence as an electric-vehicle juggernaut. The U.S. is closing its borders to Chinese EVs before they even launch.
23.06 / 10:33
WhatsApp performer stage archery Indian recurve mixed team wins bronze medal in Archery World Cup
Indian recurve mixed team of Dhiraj Bommadevara and Bhajan Kaur produced an excellent performance to rally past Mexico and clinch a bronze medal in the Archery World Cup Stage 3 here on Sunday. Trailing 0-2 after conceding the opening set, the Indian team produced a flawless round to bring it level and seal a stunning 5-3 (35-38, 40-39, 38-37, 38-38) win over their Mexican opponents Alejandra Valencia and Matias Grande.
22.06 / 20:37
Citizens Career Racing Celebrity country stars rights NASCAR driver, Mexican native Daniel Suarez celebrates becoming American citizen
Monterrey, Mexico native learned he almost was American at birth. Suarez’s parents flirted with the idea of heading to America ahead of his 1992 birth and having the future NASCAR star born in the U.S. One problem, the cost was too prohibitive so the idea was scrapped.
21.06 / 18:33
Crypto regulations Elizabeth Warren Mexican Cartels Using Cryptocurrencies To Manufacture Fentanyl, US Treasury Says
The US Treasury’s Financial Crimes and Enforcement Network (FinCEN) claims that a number of Mexican cartels are using cryptocurrencies to procure fentanyl manufacturing materials amid America’s unprecedented opioid epidemic, a June 20 advisory from the national agency revealed.
21.06 / 11:04
Reuters Airlines President show country travelers Interviews A new $72,000 migrant smuggling route to the US starts with a charter flight, and many Indians are waiting to board
Salvadoran officials refused to connect the jet bridge to allow the roughly 300 passengers, all Indian nationals, to disembark, according to three former crew members on the flight who spoke to Reuters on condition of anonymity. Several passengers told the cabin crew they planned to travel onward to Mexico and cross the border there illegally into the U.S., one crew member said. Others said they were going on vacation to the Mexican border city of Tijuana, another crew member said.
21.06 / 10:13
Latin America coinbase Election show donates politician Coinbase Aims $2 Million Crypto Ad Campaign at Latino Voters Across US
Coinbase is spending $2m on ads aimed at Latino voters and consumers, part of the crypto industry’s effort to get supportive politicians in power.
21.06 / 02:07
UPS IPO rights International ABD may invest in start-ups, tie-up global brands for India entry
₹1.74 trillion in fiscal 2022 and projected to reach ₹2.4 trillion by fiscal 2025.The company is “actively" looking to partner global liquor companies to bring more international brands to India as it expands its portfolio of premium spirits. Currently, it has no such tie-up.“We are at a significant advanced level of discussions.

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