LatinNews Regional Monitor: Mexico - 23 September 2019

On 21 September former president Vicente Fox (2000-2006) led calls in the national assembly of Mexico's main opposition right-of-centre Partido Acción Nacional (PAN) to forge a political alliance with fellow opposition parties to confront President Andrés Manuel López Obrador and his ruling left-wing Movimiento Regeneración Nacional (Morena) party.... Read More

* A survey of experts carried out by Citibanamex, the Mexican unit of Citigroup Inc has lowered the economic growth forecast for Mexico for 2019 to 0.4%, down from the 0.5% forecast earlier this month.... Read More

Set against the backdrop of a slowing global economy and concentrated flows into the region, in August the United Nations Economic Commission for Latin America and the Caribbean (Eclac) released its annual report into the state of foreign direct investment (FDI) in the region in 2018, highlighting a number of patterns and emerging trends.... Read More

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On 8 September, Finance Minister Arturo Herrera presented the first budget since President Andrés Manuel López Obrador took office last December.... Read More

Mexico’s central bank (Banxico) started easing monetary policy in mid-August after five years of keeping interest rates on hold.... Read More

Following hot on the heels of a planned cash injection in the 2020 budget, the state oil firm Pemex has issued new bonds, using the proceeds to buy back shorter-term and more expensive debt.... Read More

In the past month, there have been several announcements of fresh foreign investment in new tech start-ups in Mexico, auguring well for the future of the emerging fintech sector.... Read More