By: Dr. Alejandro Díaz-Bautista, Economist (PhD) The exchange rate was 18.90 pesos per dollar. The peso takes a break in the day, but does not avoid falling weekly for the beginning of a commercial war. The peso appreciated 0.76% against a weakened dollar, due to risk aversion by emerging currencies …
June, 2018
May, 2018
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26 May
Reduction of taxes on the northern border would reduce tax collection in years of austerity
By: Dr. Alejandro Díaz-Bautista, Economist (PhD) Reduction of taxes on the northern border would reduce tax collection in years of economic austerity and encourage tax evasion practices. It is impossible to reduce taxes in years of economic austerity. In 2013, the federal government raised 556,794 million pesos (mdp) for taxation. …
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22 May
2018’s Best Places for Summer Jobs
With summer approaching and many young adults expected to look for short-term work in order to bridge their finances or grow their professional skills, the personal-finance website WalletHub took an in-depth look at 2018’s Best Places for Summer Jobs. To help job seekers find the best summer employment opportunities, WalletHub’s analysts …
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10 May
It’s Urgent to Have a Decent Minimum Wage for Workers
By: Dr. Alejandro Díaz-Bautista, Economist (PhD) In Mexico, a decent minimum wage for workers is urgently needed. All presidential candidates must support the proposal to increase minimum wage. Minimum Wage must reach 98.15 pesos and up to 100 pesos a day. Mexico’s general minimum wage is the lowest among the …
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3 May
What 19 in 20 Americans Don’t Know About World Poverty
What 19 in 20 Americans Don’t Know About World Poverty An overwhelming majority—95 percent—of Americans are confused about the state of global poverty By: Chelsea Follett An overwhelming majority—95 percent—of Americans are confused about the state of global poverty. A survey from the late Hans Rosling’s web project Gapminder assessed the public’s knowledge …
April, 2018
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18 April
Mexico must enter into wage negotiations with the US and Canada: Díaz-Bautista
-Editorial The specialist noted that Canada and the United States agreed that the wage issue should be part of the NAFTA negotiations but that Mexico has “shied away” from this issue. Tijuana, BC- In the framework of the renegotiations of the North American Free Trade Agreement (NAFTA), Mexico must raise …
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1 April
NAFTA is essential for the United States, Canada and Mexico’s economy and national security
By: Dr. Alejandro-Diaz Bautista, Economist There is enthusiasm to reach an agreement with NAFTA. US President Donald Trump seems eager to reach an agreement on the renegotiation of the North American Free Trade Agreement (NAFTA), Canada’s Prime Minister Justin Trudeau said a few days ago. “The security and economic interests …
March, 2018
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24 March
Baja California is preparing with infrastructure in case of ceasing of NAFTA
-Editorial Faced with the expectation that a renegotiation of NAFTA will be achieved, state governor Francisco Vega de Lamadrid stated that he is hopeful that this treaty will be a win, win, win for the 3 countries at stake. The state executive mentioned that he believes that the treaty will …
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11 March
The United States imposes tariffs on steel and aluminum
By: Dr. Alejandro Díaz-Bautista, Economist (PhD) Canada and Mexico are exempt while negotiating NAFTA. The president of the United States, Donald Trump, signed a Proclamation that imposes tariffs on imports of steel and aluminum, but said that his country should show flexibility and cooperation with friendly countries. “Canada and Mexico …
February, 2018
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23 February
NAFTA moves forward in 2018
By: Dr. Alejandro Díaz-Bautista, Economist (PhD). – Automotive content rules in NAFTA. The seventh round of NAFTA will take place from February 25 to March 5 in Mexico City. Rules of origin is one of the most discussed topics in conversations. “The rules for automotive content, one of the most …
