LópezObrador

Mexican President Nominates José Cuadra García to Strengthen Banxico Board

2 months ago

In a significant move deemed crucial for the financial landscape of Mexico, President Andrés Manuel López Obrador has put forward the nomination of José Cuadra García to the board of the Bank of Mexico (Banxico). This announcement has raised expectations about the direction of monetary policy in the country, especially in the context of rising inflationary pressures and economic uncertainties.

Mexico Allocates $6.7 Billion to Support Pemex Amid Debt Repayment Pressures

5 months ago

In a significant move to bolster the financial stability of Mexico’s state-owned oil company, Petróleos Mexicanos (Pemex), the Mexican government has announced a substantial cash transfer of $6.7 billion. This strategic allocation is intended to assist Pemex with looming debt payments due in 2025, reflecting the government’s commitment to ensuring the company's solvency and operational continuity.

Mexican Supreme Court Upholds Controversial Judicial Reform Efforts

5 months ago

In a recent landmark decision, the Supreme Court of Mexico dismissed an initiative aimed at curbing the government's ambitious judicial overhaul. This ruling not only marks a significant moment in the administration's efforts to reshape the judiciary but also signals potential implications for future governance and legal proceedings in the country.