The Trade Agreement between Mexico, the United States, and Canada (USMCA) enters into force on July 1, 2020. By: Dr. Alejandro Díaz-Bautista, Economist (PhD.) The decree promulgating the protocol that replaces the North American Free Trade Agreement (NAFTA) with the Treaty between the United States of America, the United Mexican …
July, 2020
June, 2020
-
7 June
The real unemployment rate may be higher than that reported in May 2020
By: Dr. Alejandro Díaz-Bautista, Economist (Ph.D.) Amid the economic recession, Latinos now have the highest unemployment rate in the United States in 2020. The unemployment rate remains around 13.3% in May, according to a report by the Bureau of Labor Statistics in the United States. “After an economic review, the …
-
4 June
The Mexican Peso appreciates at the beginning of June 2020, one month before the beginning of the USMCA
By: Dr. Alejandro Díaz-Bautista, Economist In early June 2020, the Mexican peso has recovered somewhat against the dollar as there is some optimism about the reopening of some regional and national economies amid the economic crisis caused by the Coronavirus (Covid-19). “The Mexican peso begins June 2020 with an appreciation …
-
1 June
Responsible Economic Reopening in the face of COVID-19 in Mexico, the United States and Canada during 2020
By: Dr. Alejandro Díaz-Bautista, Economist (Ph.D.) The United States reaches almost 100,000 deaths due to coronavirus. Millions of daily coronavirus tests are needed to reopen the economies of North America safely and responsibly during 2020. The United States, Mexico, and Canada need to perform millions of daily coronavirus tests in …
May, 2020
-
22 May
More than 36 million people under unemployed in North America during 2020
By: Dr. Alejandro Díaz-Bautista, Economist, (Ph.D.) Businesses in North America cut tens of millions of jobs so far in 2020, showing a never-before-seen collapse with the coronavirus outbreak that closed offices, factories, schools, movie theaters, beaches, parks, construction sites, and stores that boost the economy of Mexico, the United States …
-
5 May
USMCA must come into effect to support supply chains in North America in the face of the unprecedented decline in the economy due to the Coronavirus pandemic in 2020
By: Dr. Alejandro Díaz-Bautista, Economist (Ph.D.) President Trump’s government still plans to enforce the USMCA entry into force on June 1 amid economic disruptions caused by the COVID-19 pandemic. Trump indicated that he will continue with the trade agreement signed between the three countries. Shortly after 19 Finance Committee senators …
April, 2020
-
22 April
Unemployment estimates in Mexico, the United States and Canada are for more than 28 million during the 2020 Health and Economic Crisis
By: Dr. Alejandro Díaz-Bautista, Economist (Ph.D.) Millions of people filed unemployment and millions will become unemployed in North America. The numbers and statistics on unemployment and jobless claims are shocking, the United States records more than 22 million jobless claims. The highest job loss figure in the history of the …
-
9 April
Mexican peso depreciated after AMLO’s report of early April 2020
By: Dr. Alejandro Díaz-Bautista, Economist (Ph.D.) Most did not like AMLO’s message offered Sunday. Changes are expected in AMLO’s cabinet. After AMLO’s report, the markets became nervous and were left with more doubts than answers about the direction of the economy and the country in the coming months. So when …
March, 2020
-
27 March
Hypothesis of Ripple Effect in the World Economy: Widespread contagion and world recession 2020
By: Dr. Alejandro Díaz-Bautista, Economist (Ph.D.). The magnitude of the negative economic impact caused by the coronavirus in China extends to the developed economies of Asia, Europe and now in the United States and throughout North America, seriously affecting consumer confidence, travel, and prices. energy and even spending, personal income …
-
11 March
The economic cost of “One Day Without Women” strike in Mexico reached 43.5 billion pesos
By: Dr. Alejandro Diaz-Bautista, Economist, (Ph.D.) The economic value of unpaid work in domestic work and care of women represents 23.5% of the country’s GDP. According to INEGI data in the “Satellite Account of the Unpaid Work of Households in Mexico, 2018”, which provides information on the economic valuation of …
