Daily Mexico News Blog
Free Mexico News Daily in English
Daily Mexico News Blog
Free Mexico News Daily in English

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Economy

Millions of Dollars in Limbo: How MoneyGram’s Cybersecurity Incident Could Hurt Mexican Families

MoneyGram, one of the world’s leading money transfer services, has reported a cybersecurity incident that could disrupt remittance services to Mexico, a vital market for...
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IMEF Warns of Potential For Zero Economic Growth in Mexico For 2025

The Mexican economy may face a slowdown in 2025, with a scenario of zero growth or even contraction possible, according to the Mexican Institute of...
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Mexican Peso Strengthens Amid U.S. Dollar Decline Following Weak Employment Data

The Mexican peso began Friday trading with an appreciation against the U.S. dollar, bolstered by weaker-than-expected U.S. employment figures, which heightened market expectations that the...
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Mexican Peso Faces Potential Further Decline Amid Key Upcoming Events

Over the past three months, the Mexican peso has experienced a notable decline, raising concerns about its potential trajectory for the remainder of the year....
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Remittances to Mexico Show Signs of Economic Strain Amid U.S. Labor Market Woes

The Mexican economy faces a new challenge as remittances, a crucial source of income for millions of Mexican households, recorded a decline in July 2024....
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Bank of Mexico Revises GDP Growth Forecasts Amid Economic Weakness

The Mexican economy faces a reserved outlook for the remainder of the year, as the Bank of Mexico issued a stark warning in its most...
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Mexico’s Economy Slows Down: Weak Start to Second Half of 2024 Indicates Potential Lower Growth for the Year

Mexico City — Mexico’s economy is poised to experience a sluggish start to the second half of 2024, continuing the inertia seen in the first...
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Mexican Peso Strengthens Amid U.S. Inflation Moderation and Fed Rate Cut Expectations

The Mexican peso is showing significant strength this Wednesday morning, driven by the recent moderation in U.S. inflation rates, which has bolstered expectations for a...
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Consumer Confidence in Mexico Declines Amid Economic Challenges

The perception of Mexico’s economic situation and consumer expectations have declined at the beginning of the second half of the year. This is due to...
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Mexico’s Economy: Inflation Soars in July to 5.57%

In a significant development for Mexico’s economy, the National Consumer Price Index (INPC) experienced its largest monthly increase this year in July, rising by 1.05%...
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Mexican Stock Exchange Sees Slight Recovery After Black Monday, Peso Continues Loses

Mexico City — Following the significant losses experienced on Black Monday, the Mexican Stock Exchange (BMV) closed Tuesday’s trading session with a modest recovery, though...
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Mexico Loses 864,000 Jobs in June, Erasing All Jobs Created This Year

In a dramatic turn of events, Mexico’s labor market witnessed a substantial contraction in June, losing 863,862 jobs. This downturn effectively nullified the job gains...
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