Author: Stanley Bowers

The executive recalled that the International Monetary Fund (IMF) estimates economic growth of 1.8% for Mexico and 1.6% for the United States, its main trading partner. Last week, the Secretary of the Treasury, Rogelio Ramírez de la O, announced that the agency estimates a 2.3% growth floor in 2023, which will continue to increase thanks to the good performance of consumption, employment and investment, he explained. “If an unexpected shock does not happen, something very negative, this 2.5% is going to be a growth floor for the next five years,” Arias said. To achieve this, he pointed out, progress must…

Luis Herrera, head of the Latin American region of Procore, believes that the construction industry, in particular, will rebound this year, derived from the growth of the retail business sector and the arrival of new industrial buildings in various regions of the country. According to Stock Market Report 2022 of Grupo Financiero Monex, Mexico is in the top three of the countries that have the best characteristics to meet the necessary criteria for the nearshoring, among which the following are considered: the natural resources available, the relative change in the trade balance, the cost of energy production, the capacity and…

Changan brings two new models and more dealerships As part of the expansion strategy that the Chinese brand will launch in the country, more exclusive Changan dealerships will open in the second half of the year and two new models will be launched. Motornation currently offered three Changan models in the Mexican market: the Alsvin sedan, the C35 subcompact SUV and the C55 compact SUV. Saenz explained that two more will be added to these three models. The brand will also continue to open more exclusive Changan dealerships from dealer groups that currently have a Motornation store, plus some new…

Compared to what was scheduled for January-April, income was 155,913 million pesos less. The total drop in revenue is related to a marked decline in the collection of oil revenues of 28.8% due to the fall in the price of oil internationally. Tax revenues helped cushion the fall in the price of oil, its collection increased 2.6% annually in real terms. It should be noted that in the 2023 Economic Package, the Treasury forecast the price per barrel of the Mexican oil mix at 68.7 dollars, but adjusted this price to 66.6 dollars per barrel in the 2024 Economic Pre-Criteria,…

Design This is a big watch. Its screen measures 1.43 inches and is probably not suitable if you tend to wear small watches or have a very thin wrist. Compared to the Apple Watch SE, which is the one I normally wear, I had a hard time adjusting to the Huawei and it felt like it was in the way of my wrist. On a day-to-day basis, it did not represent a nuisance, but it did when I exercised, because it danced on my wrist when I ran. Also, because it has the headphones inside, it weighs 66.5 grams, which…

By being a member you can enter the adidas app to have all the details of your account and all the products available. Remember that depending on the level you are at will be the benefits you get. Level 1 (1 – 999 points): 15% welcome discount, 15% birthday discount, early access to offers and surprise level benefit. Level 2 (from 1,000 – 2,999 points): 20% discount voucher, special offers, gift points for your birthday, three free months of Running / Training Premium and surprise level benefit. Level 3 (3,000 – 8,999 points): 25% discount voucher, early access to launches,…

“I thought all that was far away” At 98 Profsoiuznaia Street, in a nearby neighborhood in the center of Moscow, a drone also landed on a building. “We suddenly opened our eyes (after the explosion), and we thought it was a car accident. But no, it was a drone that had hit our house,” says Ekaterina Kloian, a 19-year-old hairdresser. Like her, numerous residents of the building were evacuated and installed in the theater of a nearby school. On a street next to the building, some curious people stop to take photos of the light damage caused by the drone,…

The 12 companies that are part of the Batch 18 of 500 Global fintech ● Invera (Argentina): Fintech platform that provides infrastructure to integrate and scale investment products from financial institutions. ● LedgiFi (Chile): Platform for the control and management of investments designed for millennials in LatAm. ● Takenos (Argentina): Payment platform for Latin American freelancers who provide services abroad in their country. developer tools ● Dapta (Colombia): No-code platform that allows companies to build administration panels and create connections with other applications. ● Serpa (Mexico): SaaS platform that speeds up and facilitates the process of delivering web applications in…

The shares offered are now equivalent to “approximately 5.9% of the joint participation in Grupo Heineken,” the Mexican company said in a statement. Three months ago, FEMSA explained that within a period of two to three years it would place all of its shares in the Dutch brewery on the market, which is equivalent to 14% of that firm, and would use the resources to pay part of its debt and finance its future growth through higher capital investments (CAPEX). At that time, Heineken NV undertook to repurchase its shares in said offer for at least 707 million euros, as…