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ECONOMICS

July, 2019

  • 14 July

    Creation of formal employment collapses 88%, shocking figure in Summer 2019

    By: Dr. Alejandro Díaz-Bautista, Economist (PhD) The economic slowdown and business uncertainty impact the creation of jobs. The Mexican Social Security Institute (IMSS) reported that during May 2019 3,983 formal jobs were created, a fall of 88.2 percent, compared to the same month in 2018. The creation of jobs during …

June, 2019

  • 24 June

    The USMCA could enter into force in 2020: Díaz-Bautista

    By: Dr. Alejandro Díaz-Bautista, Economist The Senate Plenary in Mexico approves the USMCA; it goes to the Executive. The commercial treaty document, approved with 114 votes in favor before 4 against and 3 abstentions, will pass to the Executive for publication in the Official Gazette of the Federation and subsequent …

  • 14 June

    Mexico will ratify the T-MEC or USMCA trade agreement in the following days

    By: Dr. Alejandro Díaz-Bautista, Economist (Ph.D.) Amid the growing tensions of the tariff threat of US President Donald Trump, Mexican President Andrés Manuel López Obrador has reaffirmed his support for the new T-MEC agreement or USMCA. The prospects in the Mexican Congress are good, given the support of López Obrador, …

May, 2019

  • 24 May

    United States Lifts Steel and Aluminum Tariffs

    By: Dr. Alejandro Díaz-Bautista, Economist (PhD) The United States removes steel and aluminum tariffs, so the road to the T-MEC or USMCA continues in 2019. The United States, Mexico and Canada agree to eliminate tariffs on steel and aluminum. Canadian Prime Minister Justin Trudeau celebrated the agreement and said that …

April, 2019

  • 7 April

    Trump threatens tariffs and closing the border in 2020

    By: Dr. Alejandro Díaz-Bautista, Economist. (PhD) President Trump threatens tariffs and could close the border in 2020 if Mexico does not stop the flow of drugs and migrants in 2019. With “Baby Trump” they protested on Friday at Calexico. Trump gives Mexico a warning to stop the migrants and the …

January, 2019

  • 20 January

    Binational Economic Hub

    By: Xavier Rivas For the astronaut José Hernández who among his clients at Tierra y Luna Engineering Company are Boeing and NASA, the new concept that, at the initiative of Mayor Santos González Yescas of San Luis Río Colorado, Sonora, has woven with the acceptance of Imperial County California and …

  • 7 January

    GOVERNOR FRANCISCO VEGA RECEIVES SUPPORT FROM THE PRESIDENT OF THE REPUBLIC TO WORK FOR THE BENEFIT OF B.C.

    Lead the Presentation of the “Free Zone of the Northern Border” Program  TIJUANA, B.C.- Sunday, January 6, 2019.- The Governor of the State of Baja California, Francisco Vega de Lamadrid, received the backing and support of the President of the Republic, Andrés Manuel López Obrador, to work jointly with the …

December, 2018

  • 23 December

    Mexico, the United States and Canada sign the new T-MEC trade agreement (USMCA)

    By: Dr. Alejandro Díaz-Bautista, economist (PhD) The leaders of the United States, Canada and Mexico met in the framework of the G20 summit in Argentina to sign the new trade agreement between the three countries that will replace the North American Free Trade Agreement (NAFTA). “Mexico, the United States and …

November, 2018

  • 1 November

    The Dollar Exceeds 20 Pesos after the Cancellation of the New Airport

    By: Dr. Alejandro Díaz-Bautista, Economist (PhD) The dollar closes above 20 pesos; and the Mexican Stock Exchange falls 4.2%, its biggest drop since November 2016. The rating agency Moody’s downgraded the bonds of the New Mexico International Airport to Baa3 and placed them in a negative perspective after the president-elect …

October, 2018

  • 26 October

    The economy, the caravan and the November elections in the United States

    By: Dr. Alejandro Díaz-Bautista, Economist (PhD) Trump takes up a strong rhetoric about immigration in the middle of the caravan and elections in November 2018. On November 6, the United States will go to the polls for its mid-term elections, where much of the Congress and state governments will be …

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