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Mexico - July 2024
Introduction
In the first article of this July 2024 edition of the Latin American Regional Report: Mexico we look at one of the biggest challenges facing President-elect Claudia Sheinbaum when she takes office in October: insecurity.... Read More
Security
Insecurity is likely to be one of the biggest challenges facing Claudia Sheinbaum when she takes over the presidency from President Andrés Manuel López Obrador on 1 October.... Read More
Claudia Sheinbaum won Mexico’s presidential elections for the ruling Movimiento Regeneración Nacional (Morena) by a landslide on 2 June.... Read More
Politics
As the scale of the victory of the leftist Movimiento Regeneración Nacional (Morena) party in Mexico’s presidential elections on 2 June became clear, investors expressed acute concern: both the Mexican stock market’s IPC index and the peso fell to lows not seen since last year, with market jitters continuing into July.... Read More
Economy
The decision of Mexico’s central bank (Banxico) to keep interest rates on hold at its latest monetary policy meeting on 27 June could represent just a brief pause in the monetary easing cycle that began in March, as dim prospects loom for economic growth in 2024.... Read More
Business
On 27 June Mexico’s President Andrés Manuel López Obrador said that the Mexican government is hoping to reach a deal over disputed lithium concessions with Chinese firm Ganfeng Lithium, while still defending the country’s rights.... Read More
Security
On 18 June the US suspended avocado imports from Michoacán state following a security incident involving two inspectors from the US Department of Agriculture (USDA)’s Animal and Plant Health Inspection Service (Aphis).... Read More
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