Mexico
ECLAC holds Latin America 2026 growth forecast at 2.2%
Latin America and the Caribbean's economy will grow 2.2% in 2026, unchanged from ECLAC's earlier forecast, before picking up to 2.5% in 2027, as high informality and weak investment continue to cripple the region's growth potential, the UN body says.
China’s $303bn ‘shadow trade’ exposed as apparent Asia-wide tariff dodge network
The report, carrying the somewhat dramatic title of ‘The Great Transshipment Scam’ and headed by an image of a Trojan horse style graphic, says Chinese exporters increasingly routed goods through third countries
Japan wins deal to raise Pacific bluefin tuna quotas
An international conference on sustainable management of Pacific bluefin tuna has agreed to increase catch quotas for larger fish, meeting a key demand from Japan.
Poland leads the world on defence worry, Finland climbs fastest since 2019
Even in the country most alarmed by it, defence is a top national concern for fewer than one person in three, a Statista survey of 32 countries has found.
Kia to invest $649mn in Mexico EV plant
South Korean automaker Kia Motors will invest $649mn in Mexico between 2026 and 2028 to expand electric vehicle production, the government said on Wednesday, as the country seeks to shore up investor confidence amid uncertainty over US tariffs.
Mexico's World Cup gains fall well short of official forecasts
Mexico staged 13 World Cup matches and generated billions in activity, but Moody's says the tournament will add just 0.13% to GDP this year, far below official hopes.
Latin America insurtech start-ups swell as $90mn funding rebounds
Latin America's insurtech sector attracted $90mn in investment during the first half of 2026, while the number of active companies climbed to 576, a 14% increase from a year earlier and the highest level since 2023, according to a new report.
América Móvil buys Peru's WOW to expand fixed-broadband footprint
América Móvil is strengthening its fibre strategy in Latin America with the acquisition of Peru's WOW Tel, highlighting accelerating consolidation in the region's broadband market as operators race to expand high-speed infrastructure.
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Strong El Niño threatens Latin American inflation and rate cuts, UBS warns
Latin American economies face renewed inflationary pressure and possible delays to interest rate cuts if a strong El Niño weather pattern disrupts food production, electricity generation and infrastructure this year, Swiss bank UBS said in a note.
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War in Iran set to weigh on Latin America throughout 2026, ECLAC warns
The war between the US, Israel and Iran will continue to weigh on Latin American and Caribbean economies for the rest of 2026, even if last month's fragile ceasefire holds, the UN's regional economic body has warned.
IMF cuts 2026 global growth forecast, sees Latin America holding steady at 2.4%
The International Monetary Fund has cut its forecast for global economic growth in 2026 to 3%, citing the fallout from the war in the Middle East, while projecting that Latin America and the Caribbean would grow 2.4% this year and 2.7% in 2027.
Toyota to invest $3.6bn in Texas as Tacoma production shifts from Mexico
Toyota Motor Corp said it would invest $3.6bn into an expansion of its San Antonio, Texas, manufacturing plant on July 7, relocating the assembly of the Tacoma pickup truck from Mexico to the United States and creating around 2,000 new jobs by 2030.
Mexico and Canada look for new solutions as US officials decline USMCA renewal
As trade officials from the United States declined to renew the United States-Mexico-Canada Agreement (USMCA) officials from Canada and Mexico are poised to react as the deal, worth nearly $2tn a year, sees an uncertain future.
Mexico, US and Canada to hold virtual talks on USMCA review
Mexican President Claudia Sheinbaum said the United States and Canada will hold a virtual meeting to review the United States-Mexico-Canada Agreement (USMCA) on July 1. The Mexican government seeks to secure a 16-year extension.
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Cuba oil lifeline hinges on Mexican firms willing to brave US sanctions
Cuba’s oil lifeline hangs by a thread. As Mexico attempts a risky private-sector workaround to bypass tightened US secondary sanctions, mid-sized firms face an overnight death sentence if they lose access to dollar clearing.
World Bank cuts Latin America growth outlook as Middle East oil shock takes toll
The World Bank has trimmed its growth forecasts for Latin America and the Caribbean for both 2026 and 2027, blaming the inflationary and monetary fallout from the Middle East conflict.
US collects $23bn in tariff revenue from Mexico as USMCA talks resume
The United States generated $23bn in tariff revenue from Mexican exports from April 2025 to April 2026, according to US Senate data. This makes Mexico the second-largest contributor to US tariff collections.
Mexico targets 25-fold increase in semi-conductor production in next three years
Secretary of Economy Marcelo Ebrard announced Mexico is aiming to increase its semiconductor production capabilities 25-fold in the next three years.
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El Salvador's Bukele tops regional approval rankings for June
El Salvador's Nayib Bukele remains the most popular president in Latin America, with a 69.1% approval rating, according to the June ranking published last week by pollster CB Global Data, which surveyed between 1,988 and 2,674 people in each country.