Mexico
Telefónica pulls out of its last Spanish-speaking markets in Latin America
Telefónica SA has entered a decisive phase of restructuring, marking a retreat from Latin America’s Spanish-speaking markets as it consolidates operations in Europe and Brazil.
US strikes on drug vessels kill 14 in deadliest day of Trump's narcotics campaign
The US military killed 14 people in strikes on four vessels allegedly transporting narcotics in the eastern Pacific Ocean, marking the deadliest single day since President Donald Trump began his controversial campaign against drug trafficking.
The Arctic and Antarctica record "off the charts" heat as polar warming accelerates
Parts of both the Arctic and Antarctic have experienced historically high temperatures in recent weeks, with weather stations in East Antarctica recording record-breaking warmth for the month of October, alarming climate scientists.
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Mexico secures trade extension with US, averting November 1 tariff escalation
US President Donald Trump and Mexican President Claudia Sheinbaum have agreed to extend a critical trade deadline by several weeks, granting negotiators additional time to resolve 54 outstanding commercial barriers between the nations.
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Latin America edges up growth forecasts but remains trapped in low gear, ECLAC says
Latin America and the Caribbean will expand 2.4% this year, the Economic Commission for Latin America and the Caribbean said, marking the second upward revision since April but pointing to the region's struggle to escape chronically weak growth.
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China accuses Washington of “bullying” over visa ban threats in Central America
China has sharply criticised the United States for its decision to impose visa restrictions on Central American officials and citizens accused of ties to the Chinese Communist Party, describing the move as evidence of American “arrogance and bias."
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Revolut clears final hurdle for Mexico banking debut
Revolut has received final authorisation from Mexico's banking regulator to commence operations, positioning the London-based fintech to launch services within weeks.
IMF: Global economic outlook shows modest change amid policy shifts and complex forces
Dialing down uncertainty, reducing vulnerabilities, and investing in innovation can help deliver durable economic gains.
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World Bank nudges up Latin America growth forecast to 2.3% but warns of skills shortage
The World Bank expects Latin America and the Caribbean’s economy to expand 2.3% in 2025, a slight uptick from 2.2% in 2024, with growth projected to reach 2.5% in 2026.
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Claudia Sheinbaum’s first year tests Mexico’s new direction
President Claudia Sheinbaum’s first year in office has been marked by a combination of political stability, expansive social policies and cautious diplomacy, all set against the backdrop of a slowing economy and growing institutional concentration.
Telefónica's mass redundancy plan signals deepening Latin American retreat
Spanish telco giant Telefónica SA is preparing to unveil a sweeping redundancy programme affecting more than 6,000 workers before year-end, marking the telecommunications company's most extensive workforce reduction in recent memory.
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US says USMCA talks with Mexico and Canada will "probably" be bilateral
Negotiations to review the free trade agreement between the United States, Mexico and Canada (USMCA), scheduled for 2026, will "probably" be bilateral, US Trade Representative Jamieson Greer said on September 30 at a New York Economic Club forum
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Mexican tycoon Carlos Slim invests $2bn in Veracruz oil field as Pemex drowns in debt
Mexican businessman Carlos Slim has expanded his involvement in the country’s hydrocarbons sector through a new drilling agreement with the state-owned oil company Petróleos Mexicanos (Pemex).
Mexico inflation accelerates to 3.74% ahead of Banxico meeting
Mexico's annual inflation accelerated approximately in line with expectations in early September ahead of the central bank's interest rate decision on September 26.
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Mexico and Canada close ranks ahead of USMCA review
Mexico and Canada have stepped up efforts to consolidate their bilateral relationship in anticipation of the 2026 review of the United States-Mexico-Canada Agreement.
China rejects US "bullying" over Latin American partnerships
China has once again rejected American efforts to pressure Latin American nations into reducing ties with Beijing, with a foreign ministry spokesperson asserting the region's right to choose its own development partners independently.
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Latin America's development gains under threat as one in four live in poverty, UN report finds
UNDP warns of stagnation and rising vulnerability across the region amid "overlapping crises".
Extreme poverty falling steadily – OWID
To track progress towards ending extreme poverty, the United Nations relies on World Bank estimates of the number of people living below a poverty threshold called the “International Poverty Line” (IPL), Our World in Data (OWID) reports.
Mexico’s tariff proposal on Chinese cars opens new front in trade politics
Mexico’s plan to sharply raise import duties on Asian goods, particularly Chinese automobiles, has triggered an immediate diplomatic warning from Beijing.
Amazon bets on Rappi to take on MercadoLibre in Latam
Amazon has acquired a stake in Colombian delivery platform Rappi through a $25mn convertible note, gearing up to challenge MercadoLibre's dominance across Latin America's booming e-commerce landscape.