Economy

COVID-19: The Virus That's Killing The Economy

The coronavirus is fast becoming a threat to our economy and leading us to a potential recession. (Photo : Pixabay/StockSnap) Coronavirus has killed more than 4,000 people worldwide, and it is also killing the global economy.
Mexican President: Optimistic Despite Mexican Peso Decline Against US Dollar

Mexican Peso Reaches 3-Year Low: President López Obrador Optimistic Mexico will Recover

Find out here about the optimism of President López Obrador on the Mexican Peso's decline against the US Dollar.
FILE PHOTO: The Dow Jones Industrial Average is displayed after the closing bell on the floor of the New York Stock Exchange (NYSE) in New York City, New York

Dow Closes With a Decrease of 2,000

The very day that denoted the 11-year commemoration of the longest bull run on record, the staggering misfortunes went ahead
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The Costs for Bitcoin Are Going Down

Here’s why the cost of bitcoin has dramatically dropped. (Photo : Flickr) The digital money, specifically bitcoin, has dropped to as meager as $7,625.
It's Electrifying: Are All Teslas Electric?

It's Electrifying: Are All Teslas Electric?

Tesla has been all over the news these past few years. This is thanks to several factors. Tesla has been all over the news these past few years. This is thanks to several factors.

Toyota Recalls 1.8 Million Vehicles

Toyota has expanded its recall of vehicles by 1.8 million because of issues with the fuel pumps. It has initially recalled 700,000 in January.

50-Year-Old Furniture Giant Art Van Closes, Cites Millennials as the Cause

Find out why Art Van will cease operations for good. (Photo : Wikimedia) Art Van's operations will be ceasing for good, says an article from Detroit Metro Times.

Mexico's GDP is Down, Says Banxico Survey

Contrary to earlier predictions, Mexico's Gross Domestic Product (GDP) could grow 0.91 percent in 2020, a little bit lower from the 1.00 percent expected in January, according to a survey reported by Mexico Business.
CANACINTRA Calls Mexico’s Energy Plan "A Simulation"

CANACINTRA Calls Mexico's Energy Plan a "Simulation"

The National Chamber of the Transformation Industry Enoch Castellanos (CANACINTRA) has issued a warning against Mexico's National Energy Investment Plan, calling it "a simulation," according to an article by Mexico Business.
Mangoes in Mexico Imports to the US Predicted to Increase

Mexico is Set to Dominate the Mango Industry

Find out here about the increase of Mangoes in Mexico Shipments from Spring to Summer. (Photo : Stocksnap) The share of Mexico in the United States mango market will have a significant increase from spring through summer, says an article from The Packer.

Mexico FX Struggles Due to U.S. Election, Coronavirus Outbreak

Mexico will be ending the first quarter on a bad note due to U.S. election campaign and fears over the coronavirus outbreak, with Mexico's peso vulnerable to further slumps, a Reuters poll revealed.
Money in Hands

‘Nu Credit’ by Nu Bank Now Available in Mexico

The Latin American digital bank offers Nu Credit credit cards to Mexican clients. Nu credit cards are being launched by Nubank in Mexico. Nu bank is a digital, Latin American bank that originated in Brazil with a value of $10 billion and is recognized for its fully-mobile bank and credit card.

Crooked Vendors: Mexican Supermarkets Charge Ice to Seafood Price

Find out here about the fraudulent pricing method of seafood in Mexico that supermarkets charge to customers.
Yucatan Tourism Not Affected By Coronavirus

Yucatan Tourism Not Affected By Coronavirus

Amidst the prevalence of Coronavirus across the globe, tourism in Yucatan, where the imposingly beautiful UNESCO World Heritage site Chichen Itza is located, remains steady, an official said.

Mexican Cartels Interfere with Billion-Dollar Avocado Industry

Find out here about the Avocado Industry in Mexico and the involvement of the Mexican Cartels with its trade.

Mexico to Host Travel and Tourism Summit Amid Coronavirus Outbreak

The World Travel and Tourism will push through with the tourism summit despite the coronavirus outbreak.
Mexico Silver Industry Declines in Attractiveness

Mexico's Silver Industry Declines

A global mining survey released last week reveals that Mexico has lost attractiveness as an investment destination for the mining industry, despite being the top producer of silver globally, according to an article by Mexico Business.
Silvia’s Tacos Reopens on Monday: Owners Still Recovering from the Accident

Famous Texas Taco Restaurant Reopens Three Months After Family’s Car Crash

Find out here about the reopening of Silvia’s Tacos and the situation of the owners three months after their car crash accident.
Mexico’s Pemex Posts Massive Loss in 2019

Mexico’s Pemex Posts Massive Loss in 2019

According to an article by Mexico Business, PEMEX remaining to be the world's most indebted oil company as it plummets with a US$18.3 billion net loss for 2019 which is nearly double compared to that of 2018.
Worldwide Coronavirus Epidemic Causes Mexican Oil Price Drop

Mexican Oil Prices Drop as Coronavirus Scare Spreads Worldwide

Find out here about the effects of the coronavirus epidemic on the oil prices of Mexico. (Photo : Stocksnap) On Friday, the first case of the COVID-19 in Mexico was reported.
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