“…Morena, Ms Sheinbaum’s party and its allies won a supermajority in the lower house of Congress but fell short in the Senate, making any changes to the constitution unlikely. “She doesn’t have a Senate majority, which will make it hard for extreme amendments,” adds Mr Aquilina.
“The current financial minister, who is well regarded by investors, will stay in place,” he says, with some of the financial community reassured by the way Ms Sheinbaum presents herself as more “market and business-friendly than the former president”.
Other specialists share this optimistic mood. “We expect her government to be well-grounded, with a reassuring appetite for compromise,” says Damien Buchet, chief investment officer at Finisterre Capital, part of Principal Asset Management, which manages $540.4bn in assets…”
https://www.pwmnet.com/unlocking-investment-opportunities-in-latin-america
“…Yet Lopez Obrador will leave another legacy as well. His administration has presided over the bloodiest term in the nation’s recent history, with more than 170,000 homicides since he took office in 2018 through February. That is a 26% increase from the 135,345 murders during the term of his predecessor, Enrique Peña Nieto. And it has happened despite the combined budgets of the armed forces — the Ministries of Defense, Navy and the National Guard — being boosted by 150%…”
“…U.S. trade with the world totaled $5.1 trillion in 2023, according to data from the U.S. Census Bureau. Mexico did almost $800 billion in trade with the United States last year, once again becoming the nation’s top trade partner.
“I think you’re seeing growth all across the U.S.-Mexico border … and Laredo [Texas] is where the rubber meets the road,” said Jordan Dewart, president of Redwood Mexico. “I think that’s where the infrastructure is headed. That’s where the main investment deals on highways to access the border are going. If you go to Laredo right now, the amount of new warehousing construction, new trucking facilities construction, is just staggering. There are miles and miles of construction. If you drive up I-35, you can see the dust clouds from 50 miles away from all construction. So I think everyone will benefit.”…”
“Yes, he and his wife, Renee Varnadore, are living abroad. But they left the United States in search of a quality of life that’s no longer in reach for them stateside. Now, the clear blue waters of Rosarito Beach are quickly becoming home.
Their condo is just the right size for two. It’s intimate but not without its luxuries, like a huge bathtub with jacuzzi jets. Then there’s their balcony, overlooking a world of ocean that bleeds into the horizon. It’s a view reserved for millionaires and billionaires in the US, but not here…”
https://www.theguardian.com/world/2024/apr/11/americans-retire-mexico-affordability-peace
“The borderlands between Mexico and the US are among the most studied border regions in the world. The border represents an intersection of several studies on security, culture, environment, and economics. This book can encompass and touch on a myriad of complex issues affecting the Mexican-American border by taking a deep dive into both sides of the border. The authors use a variety of perspectives and experts to thread together an intricate picture of the current and future state of the border. Sergio Chapa and Guadalupe Correa-Cabrera are the authors of this book. Sergio Chapa is an oil and natural gas industry expert and journalist in Houston, Texas. Guadalupe Correa-Cabrera is a professor at the Schar School of Policy and Government, George Mason University. Sergio Chapa and Guadalupe Correa-Cabrera’s book explores the natural and ethnographic landscapes of both sides of the US-Mexico borderlands. The authors provide insight into the region’s cultural life, political context, and security situation…”
“Takenos, the fintech startup providing financial solutions for workers receiving money from abroad, has announced its expansion into the Mexican market with ambitions to acquire at least 80,000 users there by year-end.
Founders Lucas Posada, Joaquín Herrera, and Simón Bouche, the latter recently relocating to Mexico City, spearhead this move, aiming to capitalize on the transborder transfer hub between Mexico and the U.S…
“…Trump made the claim during a weekend rally in Dayton, Ohio, where he also challenged Chinese President Xi Jinping. “Those big car manufacturing plants you are building in Mexico right now, and you think you are going to get that—not hire Americans, and you’re going to sell the car to us?” he asked. “No, we are going to put a 100% tariff on every car that comes across the lot.”…”
https://www.cbtnews.com/trump-promises-100-tariff-on-china-backed-cars-crossing-mexican-border/
“Mexico will need to attract more than $41 billion in investment to generate an estimated 37 GW of additional electricity capacity required to meet the increased energy demand anticipated by nearshoring, Abraham Zamora, president of the Mexican Energy Association (AME), said during a recent presentation in Monterrey…”
“…Mexico’s Federal Commission for the Protection Against Health Risks (COFEPRIS) also recently made public its priorities and work agenda for 2024, some of which parallel those laid out by ANVISA.
In a document released on 30 January, COFEPRIS described efforts to promote regulatory certainty, improve confidence in its processes, and expand digitalization as a strategy to speed approvals.
COFEPRIS said 2024 would see the launch of its biosimilars unit and pharmaceutical development committee, both of which share the goal of expanding Mexican manufacturing. The agency also promised to refine rules for conducting clinical research “with the aim of achieving competitive service times.”…”
“November 29, 2023
In a move that signaled a significant step forward in its commitment to fostering innovation and global, digital leadership in Latin America, the Thunderbird School of Global Management at Arizona State University, in partnership with Cintana Education and the Universidad Autónoma de Guadalajara (UAG), has announced a new regional Center of Excellence in Mexico…”
“Mexico’s pipeline imports of U.S. natural gas should continue rising over the coming years even in the most conservative demand scenarios, experts agreed at the US-Mexico Natural Gas Forum
“HAVANA, Cuba, Nov 3 (ACN) Experts and specialists of the Associations of Sugar Technicians of Cuba and Mexico (ATAC-ATAM) are meeting today in Havana for their 7th meeting on the flexibility and diversification of the sugar agribusiness in their countries and also in Brazil.
The deliberations will be held at the National Sugar Training Center, starting from the consideration of aspects common to their respective managements, especially for a space for analysis, reflection and exchange of experiences, ATAC reported exclusively to the Cuban News Agency.
Mainly, it added, to contribute to the reorientation and development of the productive chains of co-products and derivatives, in an efficient and effective way in the current conditions, taking into account the requirements of sugarcane agriculture that supports it…”
“SAN ANTONIO — City of San Antonio leaders are working with federal partners to address housing barriers, particularly as it pertains to the Latino community.
According to research by the National Association of Hispanic Real Estate Professionals, only half of Hispanic households are homeowners in the U.S. On Thursday, Our Lady of the Lake University (OLLU) hosted the housing forum to discuss the factors why…”
“Cid Wilson, Hispanic Association on Corporate Responsibility CEO, joins ‘Closing Bell Overtime’ to talk Hispanic employment rates in the U.S. jobs report.”
“There’s just a lot of fear of reaching out or asking a ‘dumb question,’” said Williams, who studies at the UCLA School of Education & Information Studies and taught a university studies class geared toward first-generation students. “It’s just that lack of confidence because you haven’t had these experiences or know anyone that’s had these experiences.”
First-generation students can also feel a lack of belonging compared to other students depending on their socioeconomic background.
According to the Brookings Institution, about 51% of students from low-income families go to college compared to about 89% of students from well-off families…”
https://dailybruin.com/2023/09/21/first-generation-students-discuss-experiences-resources-at-ucla
“U.S. supply chains responded to the global volatility from the past two years by transforming supply chain networks to improve resilience against future disruption, according to a new report released by Penske Logistics, Kearney and Council of Supply Chain Management Professionals (CSCMP)…”
“…Naysayers and skeptics immediately emerged, he recalled. “Unfortunately, there are still misconceptions – Mexico is a third world country; Mexico is too dangerous; Mexico is violent,” he said, mimicking some of the more prominent critiques of his launch. “People thought I was crazy, insane, lunatic,” he said. Skeptics were misinformed about Mexico, Guzzo said, viewing it as a violent country although violence is largely limited to certain regions. He suggested the US has its fair share of violence: “I live in LA,” he added. “I know all about violence.”
His own views on doing business in Mexico have evolved, he noted. “When I started to look into Mexico, I took an investment approach rather than a mortgage approach,” he said, noting he manages a group of more than 30 loan officers although he personally is not licensed to originate loans. “Then I took the mortgage approach and was looking at the numbers.”…”
“…MEXICO CITY — While hoteliers in Mexico remain optimistic about the outsize demand seen at Mexican resorts, there is increasing hope that the county’s business travel sector is poised for a dramatic rebound as more North American companies look to move Asia-based manufacturing back to North America…”
“CHICAGO/WASHINGTON, March 6 (Reuters) – The United States requested formal trade consultations with Mexico on Monday over U.S. objections to its southern neighbor’s plans to limit imports of genetically modified corn and other agricultural biotechnology products.
The U.S. Trade Representative’s office announced the request for technical talks after months of informal discussions with Mexican officials over their plans to ban GMO corn for human consumption failed to satisfy U.S. trade officials…”
“Tesla is planning to build a new factory in Mexico, joining other carmakers bulking up their presence south of the US border.Mexico President Andres Manuel Lopez Obrador said the plant for the electric car firm would be in Monterrey, which is about a three-hour drive from Texas…”