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Morgan Stanley today boosted its 2010 growth forecast for Mexico on the prospect it will benefit from a recovery in the U.S., the Latin American country’s biggest trading partner.
The companies join cement maker Cemex SAB and Sigma Alimentos SA in...
Mexico’s state oil company Petroleos Mexicanos (PEMEX) expects production at its Chicontepec field to rise to 40,000 barrels per day (bpd) by the end of 2009, a Pemex official said Wednesday.
“It will be close to 40 (thousand bpd) by the end of this...
Mexican President Felipe Calderon nominated Carstens as New Finance Minister for Mexico
Mexican President Felipe Calderon nominated Carstens as the country’s central bank governor, replacing Guillermo Ortiz, whose second six-year term expires at the...
Mexican banks will likely grow lending at a faster rate than the economy next year as Mexico bounces back from its worst recession since the 1995 peso crisis, according to a top industry executive.
“We estimate that credit will grow at a rate superior...
Reporting from Mexico City - The Mexican army, deployed across the nation as part of the government’s campaign against drug cartels, has killed prisoners, tortured civilians and captured suspects illegally, Amnesty International said Tuesday.
In a...
