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Mexico - March 2020

Introduction
The March Regional Report: Mexico contains articles on the risks that the coronavirus (Covid-19) pandemic poses for Mexico’s domestic economy and those that the linked international oil price crash poses to the state-owned oil firm, Pemex.... Read More
Economy
The Mexican economy, like many others, is exposed to the coronavirus (Covid-19) pandemic.... Read More
Energy
The recent sharp fall in international oil prices is increasing speculation about a downgrade for Mexico’s state-owned oil firm, Pemex, by the international credit ratings agencies.... Read More
Telecommunications
Although Mexico’s attention is likely to remain fixed on the coronavirus (Covid-19) pandemic, other economically relevant developments elsewhere will continue.... Read More
Security
Rubén ‘El Menchito’ Oseguera González has become the latest prominent drug trafficker to be extradited by Mexico to the US.... Read More
Foreign Relations
In early February Russia’s foreign minister Sergey Lavrov visited Mexico as part of a regional tour that also took in Cuba and Venezuela.... Read More
Security
The economically prosperous central state of Guanajuato has become Mexico’s most violent.... Read More
Economic Highlights
Unemployment: On 27 February Mexico’s national statistics institute (Inegi) released its latest figures for unemployment, which show that the unemployment rate increased to 3.8% in January 2020, up from 3.6% in January 2019.... Read More

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