Mexico’s economy posted the first quarterly contraction since 2021, shrinking much more than expected on weaker domestic demand and uncertainty over tariffs by the US, the country’s top trade partner.
Money-transfer company Wise said it launched its services in Mexico in a move to expand its footprint in Latin America. The London-listed company said Thursday that the new service will enable Mexican nationals to send money abroad as part of its goal of improving cross-border payments and providing consumers with financial services.
First-of-its-kind program aims to support university presidents and senior higher education leaders in championing transformation and innovation within their institutionsMONTERREY, Mexico, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Two prominent leading universities in,
Colombia attempted to stand up to Trump's immigration demands, with mixed results. Mexico appears to be playing it safer.
Mexico has agreed to expand support to other Latin American and Caribbean nations as part of a regional migratory response
Mexico's economy likely contracted from October to December, marking the first quarterly decrease in more than three years, a Reuters poll showed on Wednesday.
Querétaro, selected to host this infrastructure, has established itself as a key industrial and logistics hub in Mexico. In recent years, the state has attracted global technology companies, including Google, which recently opened its third "cloud region" in Latin America in that location.
GDP was up 0.6% unadjusted from the year-earlier quarter, bringing full-year growth to 1.5%, compared with a 3.3% expansion in 2023. The economy is expected to slow further this year, according to the Bank of Mexico's most recent survey of economists.