finance

Mexico’s economy was weaker than initially estimated in the final three months of 2019, shrinking by 0.1% compared to the previous quarter, prolonging a mild recession

Promotora Ideal manages highway, water treatment, electric energy generation, and social infrastructure projects across Mexico

Headline inflation, the inflation outlook, greater economic slack, and the recent behavior of external and domestic yield curves were taken into account in Banxico’s decision to lower the rate

Mexico’s Finance Ministry said debt management would be “strict and transparent” with an overall goal of guaranteeing sustainable public debt levels over the long term

Mexico’s economy contracted last year for the first time in a decade as businesses curbed investment due to concern over the economic management of President Andrés Manuel López Obrador

In one year, cyberattacks against finance institutions went from one to four per trimester, which represented affectations for MXN $784.7 million

The World Bank also cut Mexico's growth from 1.5% to 1.2% for 2020

Mexico threw Pemex a lifeline in 2019 to stop USD $80 billion in bonds held by investors worldwide being labeled junk by credit rating agencies; now, investors worry that the state itself is a risk for the oil company

Mexico's central bank’s board members argued that emerging risk will make it difficult to bring inflation to the bank’s 3% target in 2020

Mexico agreed to raise the daily minimum wage by 20%prompting experts to warn the large hike could make it challenging for Banxico to keep core inflation under control