The International Monetary Fund (IMF) on Tuesday revised upwards its forecast for the growth of Latin American economies, unlike its forecasts for global performance, due to a greater than expected strength of the great engines of the region, Brazil and Mexico. For Brazil, the estimate is 1.7%, that is, an increase of 0.9 percentage points compared to the April forecasts. In a partial update to its World Economic Outlook report, the Washington-based Fund said it now expects Latin American economies as a whole to grow 3%, an increase of 0.5 percentage point from its April estimate. However, the outlook is…
Author: Stanley Bowers
Read More
Dallas airport shooting A new shooting was recorded in Texas, now at Love Field Airport in Dallas, without victims. According to the police report, a 37-year-old woman fired into the ceiling before an officer wounded her, leading to her arrest. In Mexico, 11 officials earn more than the President With or without protection, at least 11 officials earn a higher salary than the President, contrary to what is established by the Federal Law on Remuneration of Public Servants, reported the Federal Consumer Attorney, Ricardo Sheffield. Among the officials who receive more than 136 thousand pesos are the attorney general Alejandro…
The current context has been extremely complex. Inflationary pressure is forcing all sectors and industries to reconsider their growth projections, both for the medium and long term, given that the annual rate of inflation is close to 8% in Mexico and its main trading partners. Similarly, the increase in infections by COVID-19 makes the panorama of the business ecosystem one of uncertainty in the face of new waves of the pandemic, which in itself shook all industries for almost two years. And in this scenario, business decisions must be made with greater caution. rise or fall Many decisions related to…
It occurs to me that something similar happens with inflation, that other disease that afflicts the world. The most recent annual rate readings for the general rate in Mexico and the United States are at 8.2% and 8.9%, respectively, levels not seen since the beginning of the century in our country and in 40 years in our northern neighbor. In addition to the level, there is concern about persistence. At the end of 2021 (with inflation of 7.36% in Mexico and 5.5% in the United States), the perspective was that its determinants would gradually dissipate. This has not happened and…
Do you know? The neighbors also have a dog, well trained. And a dog that barks does bite. And now is the third time that we have been warned and with a certain date to comply. It is our opportunity so that the law of the treaties does not drag Mexico with a necklace of nails towards a trilateral panel from which we will not be able to escape or win. Now is the time to respond to the invitation to reconsider and obey the rules. Unfortunately, for López Obrador and his energetic pack, following rules is humiliating; it is…
For the third and fourth quarters of the year they expect to see the results with a higher percentage of sales, says Altúzar. Vivo’s objective in Mexico for its second year is clear: “Reach the top 5 in the national smartphone market, expand distribution channels and obtain greater brand recognition so that, in the medium term, we rank among the three most popular”. 5G, one of the brand’s global commitments The company recently announced that Mexican users with a V21 device will be able to connect to Telcel’s 5G network with the latest software update, however, the company’s plans for…
Among the products that Kantar detects that shoppers leave out of their carts are cleaners, dish soaps, fabric softeners, mineral waters, bottled waters; while they prioritize the purchase of cheeses, soft drinks, snacks, juices, dairy creams, spreadable cheese and condensed milk. Yanira Reyes, Analytics Leader at Nielsen IQ, mentions that the biggest concern for Mexicans is that price increases are felt in various categories. Some consumers, in addition to reducing the number of products they carry in their cart, prefer supermarkets’ own brands or buy in bulk. Kantar Worldpanel details that these products that have the rubric of supermarkets represent…
Connection with millennials Disney+, which arrived in the country in November 2020, managed to steal market share from Netflix to position itself as the second competitor, with 12.6% of the market, according to The CIU. The accelerated growth of the platform in a segment that is being reconfigured is due to its original content strategy that seeks to connect with users, especially millennials, through original series from franchises such as Star Wars, Marvel and Pixar movies. “Pixar movies are highly consumed by a millennial segment and not necessarily by children, as is believed. Toy Story is a movie that has…
Tesla has six suppliers in Nuevo León, including APG Mexico and Taiwanese companies EnFlex Corp. and Quanta Computer. And, at the intersection into Austin, Texas, motorists can spend almost 30 minutes in rush-hour traffic. But for Tesla this time will be reduced to 10 minutes thanks to this exclusive lane. Bloomberg interviewed Iván Rivas, Secretary of Economy of the state, who stated that Nuevo León is becoming a “center of electric mobility” and that the electric vehicle industry is expected to represent between 5 and 7% of the investments that they will arrive in the state in 2022. In June,…