Mexico
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Trump administration proposes 5% tax on migrant remittances amid Latin American outcry
The Trump administration has introduced a controversial legislative proposal to impose a 5% tax on remittances sent abroad by non-citizens living in the United States.
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Norway dumps Mexico's Pemex over decades of corruption scandals
Pemex faces international scrutiny after Norway’s Government Pension Fund Global sold its fixed-income investments, citing unresolved corruption risks spanning nearly two decades.
Norway dumps Mexico's Pemex over decades of corruption scandals
Pemex faces international scrutiny after Norway’s Government Pension Fund Global sold its fixed-income investments, citing unresolved corruption risks spanning nearly two decades.
China woos Latin America with $9bn credit line amid Trump trade tensions
China has offered Latin American and Caribbean countries a CNY66bn ($9.2bn) credit line as part of a comprehensive economic and political cooperation package presented during the CELAC-China summit in Beijing.
Mexican President vows to defend USMCA despite Trump's trade measures
Mexico will defend its free trade agreement with the United States and Canada despite President Donald Trump's recent trade measures, Mexican President Claudia Sheinbaum said.
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HALLIGAN: Power struggle in OPEC+ is pulling oil prices down
The oil market has entered choppy waters once again. Crude prices fell by a dramatic 18% in April y/y – the sharpest monthly drop since November 2021 – partly due to a global slowdown, but more due to a power struggle within OPEC+.
InDrive pioneering a sustainable "fair" ride-hailing business
The Siberia-born InDrive ride-hailing service is doing something special. It cut margins, offers the cheapest prices possible and is generous to its largely freelance staff. IIt is pioneering a new "fair" business model that works.
ECLAC cuts Latin America growth forecast amid global uncertainties
The UN's Economic Commission for Latin America and the Caribbean (ECLAC) has downgraded its 2025 growth forecast to 2%, adding to a chorus of international institutions painting a bleak outlook for the region.
Cross-border oil smuggling reveals dark underbelly of US-Mexico trade nexus
A Utah couple stands accused of running one of the largest US-Mexico fuel smuggling schemes, allegedly moving 2,900 crude oil shipments worth $300mn—highlighting the deepening ties between white-collar and organised crime.
LatAm set to be world's slowest-growing region as World Bank slashes forecasts
Economic expansion for region projected to be slowest globally as external pressures mount
Mexico rejects bleak IMF recession forecast
Mexican President Claudia Sheinbaum has rejected IMF forecasts predicting the country's economy will contract by 0.3% in 2025, insisting her government's economic strategies will counteract the impact of US tariffs.
Trump’s trade tariffs push Mexico towards recession and weigh on regional growth, IMF says
Latin America's economy is slowing, with Mexico at the centre. The IMF slashed its 2025 forecast, citing US tariffs, global tightening, and rising geopolitical tensions.
LATAM BLOG: Mexico has changed – but for whom?
Under Mexico City's gentrified surface, the wounds of Tlatelolco and Ayotzinapa remain unhealed. After 11 years, the author finds a quieter nation with booming foreign investment, yet questions if democracy has truly triumphed over cartels.
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Mexico confident on renewing tomato agreement with US
Mexico's government expects to open negotiations with the United States to renew a bilateral agreement on tomato exports after Washington announced its intention to withdraw from the pact.
Latin American leaders blast US tariffs at CELAC summit as China offers economic lifeline
Latin American leaders gathered in Honduras on April 9 to condemn United States trade measures during the ninth summit of the Community of Latin American and Caribbean States (CELAC).
US eyes strikes on Mexican cartels, testing sovereignty
Growing tensions between Mexico and the United States are exposing deep fractures in their long-standing security partnership.
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Why investors are turning their gaze to Latin America after Trump tariffs
Trump's trade war unexpectedly boosts Latin America, with investors spotting fresh opportunities in a reshuffled global economic landscape.
Latin America to miss more than three-quarters of 2030 sustainability targets, ECLAC says
The region's progress on UN goals is hampered by weak institutions and debt burden, warns UN commission in a new report.
USMCA shields Mexico from Trump’s tariff offensive, but uncertainty remains
The United States has imposed sweeping reciprocal tariffs on 185 countries, yet Mexico and Canada have managed to sidestep the harshest of these measures, thanks to the US-Mexico-Canada Agreement (USMCA).
Latin America escapes full wrath of Trump's tariffs, as few nations bear brunt
Most regional economies hit with baseline 10% rate while Venezuela, Nicaragua and Guyana face steeper levies.