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Mexico & Nafta - July 2009 (ISSN 1741-444X)
Pretty horrible
The economy's prospects are tied to those of the
US. Neither looks in good shape. International economic agencies are chopping
their forecasts for the economy in 2009, but bravely forecasting something of a
recovery in 2010. Although some Mexican optimists claim that the economy is
close to the bottom, there is little sign of this. In May, it shed 106,359
formal (IMSS-registered jobs). The worry is that this was 36% of all the IMSS
jobs lost since the beginning of 2009.
- What does Calderón do now?
- Going the wrong way again
- Pretty horrible
- The problem of declining output
- What US unemployment means for Mexico
- Obama tries warnings rather than raids
- Nafta Briefs
- Martínez goes and PAN is stunned
- The PAN loses two states and barely wins Sonora
- A vote against rather than a vote for
- López Obrador bounces back
- More voters than feared
- Unesco frets about Nahautl