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Mexico - July 2021
INTRODUCTION
The July Latin American Regional Report: Mexico contains articles on the first anniversary of the US-Mexico-Canada Agreement (USMCA) on regional trade; recent monetary policy adjustments to address inflation; and the plans to develop a national lithium industry.... Read More
ECONOMY & POLITICS
July 1 marked the first anniversary of the US-Mexico-Canada Agreement (USMCA) on regional trade that replaced the 1994 North American Free Trade Agreement (Nafta).... Read More
MONETARY POLICY
Mexico’s national statistics institute (Inegi) reported on 24 June that year-on-year inflation during the first fortnight of June reached 6.02%, double the 3% target set by the central bank (Banxico), and almost twice the 3.17% rate recorded during the same period of 2020.... Read More
ECONOMY & BUSINESS
On 2 June the media reported that the government led by Mexico’s President Andrés Manuel López Obrador is no longer seeking to nationalise lithium production and instead has plans to attract private investors to extract the metal, which is mostly used to make batteries.... Read More
SECURITY & POLITICS
According to a report compiled by local electoral observation organisations, organised criminal activity affected the 6 June midterm elections in around a third of Mexico’s territory.... Read More
PUBLIC HEALTH
There has been a worrying shortage of some critical medicines in Mexico since the Movimiento Regeneración Nacional (Morena) government led by President Andrés Manuel López Obrador opted to centralise the medicines procurement and distribution system in 2019 with the declared objectives of reducing costs and combating corruption.... Read More
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