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LatinNews Regional Monitor: Mexico - 31 May 2019

From LatinNews Daily
On 30 May, Mexico’s President Andrés Manuel López Obrador assured US President Donald Trump that he did not want confrontation between the two countries after Trump announced that he will slap tariffs on all Mexican imports until the country stems the flow of illegal migration to the US.... Read More
* Mexico’s central bank (Banxico) has revised its GDP growth forecast for 2019 to a range of 0.8%-1.8%, less than the 1.1%-2.1% range previously forecast in December 2018.... Read More
From Latin American Weekly Report
Following the unexpected resignation of the head of Mexico’s social security institute (IMSS) last week over complaints that ‘republican austerity’ policies were undermining its ability to fulfil its obligations [WR-19-20], the Movimiento Regeneración Nacional (Morena) government led by President Andrés Manuel López Obrador has been forced into allocating increased funding for the public healthcare sector.... Read More
Mexico’s GDP expanded by 1.2% year-on-year in the first quarter of 2019, according to figures released by the national statistics institute (Inegi).... Read More

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