Simply Economics, from Mexico

Mexico’s Economic Shifts: Interest Rate Cuts, Infrastructure Growth, and Pemex’s Financial Struggles

In today's episode, we delve into Mexico's economic landscape as the Bank of Mexico reduces its key interest rate to 8.5% amidst economic challenges. We explore Bulkmatic's ambitious plan to build Mexico's largest intermodal terminal, promising significant job creation and logistics advancements. Additionally, we examine the financial turmoil facing state oil company Pemex, with substantial losses impacting the broader economy. Join us for an in-depth analysis of these pivotal developments.Sources:https://www.centralbanking.com/central-banks/monetary-policy/7972904/bank-of-mexico-puts-growth-before-prices-with-rate-cuthttps://www.morningstar.com/news/dow-jones/2025051511250/bank-of-mexico-makes-third-half-percentage-point-rate-cuthttps://www.riotimesonline.com/mexicos-central-bank-slashes-rate-to-8-5/https://currencythoughts.com/2025/05/15/bank-of-mexicos-sixth-interest-rate-cut-since-march-2024-and-more-are-likely/https://moneyandbanking.co.th/en/2025/172946/https://mexicobusiness.news/infrastructure/news/bulkmatic-build-mexicos-largest-intermodal-terminalhttps://mexico-now.com/bulkmatic-to-invest-us250-million-in-nl/https://www.world-grain.com/articles/21392-bulkmatic-de-mexico-building-new-terminalhttps://mexicobusiness.news/infrastructure/news/housing-boom-construction-growth-mega-logistics-projectshttps://www.instagram.com/p/DJnBrx1ByF9/https://www.mlex.com/mlex/articles/2338562/pemex-removed-from-norway-s-wealth-fund-over-corruption-riskhttps://www.bnamericas.com/en/news/norways-us18tn-wealth-fund-divests-from-pemex-on-corruption-concernshttps://mexicobusiness.news/oilandgas/news/norways-pension-fund-completes-pemex-divestment-processhttps://mexicobusiness.news/oilandgas/news/norges-bank-excludes-pemex-over-corruption-riskhttps://www.moneylaunderingnews.com/2025/05/cracking-down-on-cjng-fincens-alert-and-ofacs-strategic-sanctions-on-oil-smuggling/https://mexiconewsdaily.com/business/norway-wealth-fund-divests-mexico-pemex/https://mexicobusiness.news/energy/news/pemex-roadmap-production-recovery-and-investment?tag=energyhttps://mexicobusiness.news/tag/pemexhttps://energy-analytics-institute.org/2025/05/11/norways-wealth-fund-sells-all-its-fixed-income-from-mexicos-pemex-due-corruption-risk/https://substack-post-media.s3.us-east-1.amazonaws.com/post-files/156554961/9c66aa9f-eb8c-4521-8ebe-84d9355cb671.pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIAUM3FPD6BXJOXWMCL%2F20250515%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Date=20250515T195421Z&X-Amz-Expires=3600&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEHwaCXVzLWVhc3QtMSJIMEYCIQDwvTSj4%2F1Ei1eTefcVCt4sGwbThFpVYV239wNFNmnIOwIhAPdeRB2bdRx5ZmEoAdLEEAZvu0AxnQM21CV65VRgtiNHKvkDCDUQBBoMMzAyNDcxMTI2OTE1Igx29AOiYEhUCCNuo5Aq1gP3eFBLI2YAar9GXFjBXwyYts6foJYQBfVz66CoeaBFJcyAElKoTs5NT1ka8KPfMcXYX0dwq0cORWTAUjhhUQMV8cehDkpkmG6FQs9Bzo%2FIa%2F%2Bsh8kFuD4kYNST3Fe5Lo1rRHyjQ%2B0vWvlO9fnHOzi%2F9ANm87UUPtpPiC9s9%2B0q9ajcz4vz3sFE2dg0tU3WDP1N04QBjcYsWBb42wLTG4i65dL4VPtd86Lh5VieXUUW0V8NM6XHdE2tDhWknMLNjj%2BDNOIZNkh%2F2Cw4jsjHqnCCjfcsX71imzf44rbTPxI4CghRu4JHAzq1uyB%2FGJMgyunUh%2BhSNWn0g0wfZXSOIRZAj9IBNLPJTnQVMq8xcyj0DvGTTIH%2B8%2B0EM%2Bkg5PU%2FVQBeaQy%2FEvhIrbXT0h4YgtqQmYBLkoQAsX1%2BodtpNZmKtHQWFeWDou%2BVv37TSnPelD6WGxIfc9R4XLqVZFhV9kcdqY13mjLzo7%2FQoplkLVJBoeo1H6bv1AkLrY5vlCafAyZ5i6oR0W7Vq4pWN1GeqqxE479wn8JdwS9OSkYJ2q6eYJBUMzjTVvoS%2B0%2B8S4XXdXJqI6D99v5d0M52Kvh0U1zOOIM57EFvHK%2BLaWGMhiIg3uEmjUzPCDCngpnBBjqkAQ2sEuNyWlZQrpQqrTMHrr%2FDHDF66EICISUdwVHBF8L3NSKCEHo6PMZFTWg%2BPLKY2iDC2cFj4KEtgTVD%2B1i4%2F6GrZYiqQgW1VvHiAvIiDHaQQvIjoC4hIvIdNzLbtBsv4Ojt0WSgAvyQQtRi3TszIRHZuOf7QQ5BBtdqqqEbgpFDckg9SSdck5s%2BUoavO%2FzPasM%2BZOcOjYqEOOB9vS2iAaWdhbua&X-Amz-Signature=be1690b62334cfe0ac3f797f3e2d4b6e0039426fc45fa166113cdd7c57c7f9a2&X-Amz-SignedHeaders=host&response-content-disposition=attachment%3B+filename%3D%22Em_Spreads_The_Potential_Impact_Of_U.pdf%22&x-id=GetObject

Mexico’s Economic Shifts: Interest Rate Cuts and Social Commerce Surge

Explore Mexico's economic landscape as the central bank cuts interest rates for the third time, aiming to boost growth amid challenges. Discover how the booming social commerce market, led by platforms like Facebook, is reshaping the retail sector with a remarkable 20.8% growth. Join us for insights into these pivotal developments and their implications for Mexico's future.Sources:https://mexiconewsdaily.com/business/mexico-cuts-interest-rate-8-5/https://www.morningstar.com/news/dow-jones/2025051511250/bank-of-mexico-makes-third-half-percentage-point-rate-cuthttps://currencythoughts.com/2025/05/15/bank-of-mexicos-sixth-interest-rate-cut-since-march-2024-and-more-are-likely/https://www.capitaleconomics.com/publications/latin-america-rapid-response/mexico-interest-rate-announcement-may-0https://moneyandbanking.co.th/en/2025/172946/https://www.forex.com/en/news-and-analysis/usdmxn-outlook-mexican-peso-maintains-bearish-bias-ahead-of-banxico-decision/https://www.jdsupra.com/legalnews/mexico-s-m-a-revival-faces-uncertain-2189674/https://www.banxico.org.mx/publications-and-press/announcements-of-monetary-policy-decisions/%7B05A3168F-9270-E2AC-5447-997D3260FCD6%7D.pdfhttps://www.monex.com.mx/portal/download/reportes/Economic%20Forecasts%20140525.pdfhttps://www.fitchratings.com/podcasts/mexico-sovereign-rating-amid-global-trade-tensions-13-05-2025https://market.us/report/retail-e-commerce-market/https://www.businesswire.com/news/home/20250509865532/en/Global-Social-Commerce-Market-Intelligence-Report-2025-50-KPIs-on-End-Use-Sectors-Operational-KPIs-Retail-Product-Dynamics-and-Consumer-Demographics-2021-2030---ResearchAndMarkets.comhttps://mexicobusiness.news/ecommerce/news/multimodal-digital-shopping-prevails-among-consumers-google?tag=ecommercehttps://www.euromonitor.com/store/explore-reports/latin-america/mexicohttps://www.businesswire.com/news/home/20250509865532/en/Global-Social-Commerce-Market-Intelligence-Report-2025-50-KPIs-on-End-Use-Sectors-Operational-KPIs-Retail-Product-Dynamics-and-Consumer-Demographics-2021-2030---ResearchAndMarkets.comhttps://mexicobusiness.news/ecommerce/news/multimodal-digital-shopping-prevails-among-consumers-google

Mexico’s Strategic Moves: Early USMCA Review and Economic Projections

In today's episode, we explore Mexico's decision to initiate an early review of the USMCA, aiming for better trade terms in key industries. We also delve into the contrasting economic forecasts for 2025, with the government projecting growth amidst skepticism from analysts. Discover how Mexico plans to leverage its strengths in semiconductors, medical instruments, and minerals to navigate economic uncertainties. Join us for an in-depth analysis of these pivotal developments.Sources:https://www.rfdtv.com/a-review-of-usmca-may-come-sooner-then-expected-according-to-mexicos-economy-ministerhttps://mexicobusiness.news/policyandeconomy/news/mexico-prepares-usmca-review-2h25-ebrardhttps://wkzo.com/2025/05/13/mexico-hopes-early-usmca-review-will-give-investors-consumers-clarity/https://www.mitrade.com/insights/news/live-news/article-6-815789-20250513https://financialpost.com/pmn/business-pmn/mexico-finance-chief-says-usmca-protected-exports-bolster-growthhttps://ng.investing.com/news/stock-market-news/mexico-confident-in-meeting-economic-growth-and-fiscal-balance-targets-93CH-1914819https://mexicobusiness.news/energy/news/cfe-boost-national-content-60-2030?tag=energyhttps://www.fxstreet.com/news/mexican-peso-strengthens-on-improved-global-risk-sentiment-ahead-of-us-inflation-data-202505131107https://www.digitimes.com/news/a20250513PD225/ai-server-automotive-growth-mexico.htmlhttps://www.investing.com/news/sec-filings/tsmc-reports-robust-revenue-growth-in-april-2025-93CH-4035755https://www.grandviewresearch.com/horizon/outlook/dark-factories-market/mexicohttps://mexicobusiness.news/tech/news/government-launches-tech-pact-sovereignty-innovationhttps://www.indexbox.io/blog/semiconductor-led-latin-america-and-the-caribbean-market-overview-2024/

Mexico’s Economic Struggles and USMCA Review: Challenges and Opportunities

In today's episode, we explore Mexico's economic hurdles, including sluggish growth and high inflation, as the Finance Minister rules out new fiscal reforms. We also discuss the upcoming USMCA review amid trade tensions with the U.S., highlighting both challenges and potential opportunities for Mexico. Join us for an in-depth analysis of these pressing issues.Sources:https://portalibre.fgv.br/en/news/latin-americas-economic-climate-continued-worsen-start-2025https://www.fitchratings.com/podcasts/mexico-sovereign-rating-amid-global-trade-tensions-13-05-2025https://www.capitaleconomics.com/publications/latin-america-economics-update/mexico-what-are-leading-indicators-sayinghttps://media.marketnews.com/MNI_Banxico_Preview_May_2025_165a64c211.pdfhttps://mergers.whitecase.com/highlights/mexicos-ma-revival-faces-uncertain-future-in-2025https://english.news.cn/20250513/83263edf46f04f0e98549ba983037a60/c.htmlhttps://ustr.gov/about/policy-offices/press-office/press-releases/2025/may/united-states-seeks-mexicos-review-alleged-denial-workers-rights-amphenol-optimize-mexico-sa-de-cvhttps://mexicobusiness.news/policyandeconomy/news/mexico-prepares-usmca-review-2h25-ebrardhttps://energynews.oedigital.com/mineral-resources/2025/05/13/mexico-expects-early-usmca-review-to-give-clarity-to-investors-and-consumershttps://en.wikipedia.org/wiki/United_States%E2%80%93Mexico%E2%80%93Canada_Agreementhttps://mexicobusiness.news/policyandeconomy/news/mexico-prepares-usmca-review-2h25-ebrardhttps://landline.media/magazine/former-u-s-ambassador-to-canada-says-time-is-running-out-for-usmca/https://www.msci.org/united-states-talks-trade-with-leaders-from-canada-and-china/https://www.youtube.com/watch?v=ZW2AKja10tkhttps://mexicobusiness.news/agribusiness/news/mexico-us-seek-agreement-tomato-trade-disputehttps://mexicobusiness.news/policyandeconomy/news/mexico-prepares-usmca-review-2h25-ebrardhttps://abcnews.go.com/Business/wireStory/trumps-tariffs-launched-global-trade-wars-timeline-121605758https://en.wikipedia.org/wiki/China%E2%80%93United_States_trade_warhttps://geneticliteracyproject.org/2025/05/12/viewpoint-trumps-puzzling-tariff-strategy-leaves-farmers-and-ranchers-mystified-and-anxious/https://mergers.whitecase.com/highlights/mexicos-ma-revival-faces-uncertain-future-in-2025https://mexicobusiness.news/mobility/news/innovating-supply-chains-age-nearshoringhttps://novalinkmx.com/2025/05/08/mexicos-manufacturing/https://www.glossy.co/beauty/the-pros-and-cons-of-near-shoring-beauty-and-personal-care-manufacturing-to-mexico/https://english.news.cn/20250513/83263edf46f04f0e98549ba983037a60/c.htmlhttps://english.news.cn/20250513/83263edf46f04f0e98549ba983037a60/c.htmlhttps://energynews.oedigital.com/mineral-resources/2025/05/13/mexico-expects-early-usmca-review-to-give-clarity-to-investors-and-consumershttps://www.bignewsnetwork.com/news/278217517/usmca-review-could-begin-in-second-half-of-2025-says-mexico-economy-chiefhttps://www.tradecomplianceresourcehub.com/2025/05/13/trump-2-0-tariff-tracker/http://www.china.org.cn/world/Off_the_Wire/2025-05/13/content_117871404.shtml

Mexico’s Economic Crossroads: Growth Projections and Fiscal Challenges

Explore Mexico's economic landscape as 2025 unfolds, with conflicting growth forecasts and fiscal improvements. Delve into the impact of declining oil revenues, rising public debt, and investor skepticism on the country's economic stability. Join us for an in-depth analysis of the challenges and opportunities facing Mexico's economy this year.Sources:https://www.investing.com/news/stock-market-news/mexicos-finance-minister-forecasts-2025-economic-growth-of-15-to-23-93CH-4037289https://www.fitchratings.com/research/banks/mexican-banks-prepared-for-asset-quality-downturn-in-2025-08-05-2025-1https://www.ainvest.com/news/mexico-growth-crossroads-fiscal-realism-political-ambition-2025-2505/https://derechadiario.com.ar/us/mexico/brazil-fell-into-a-network-of-match-fixing-involving-players-and-coacheshttps://www.ebc.com/forex/dollar-to-peso-forecast-what-to-expect-through

Mexico’s Bold Economic Shift: ’Plan México’ Unveiled

In today's episode, we delve into Mexico's ambitious new economic recovery plan, 'Plan México,' which aims to counter high inflation and a weak peso. Spearheaded by Finance Minister Edgar Amador and President Claudia Sheinbaum, the plan seeks to boost local production and create jobs. We explore the potential impacts and challenges facing this significant policy shift. Join us for an in-depth analysis of Mexico's economic future.Sources:https://www.mayberryinv.com/mexicos-path-to-economic-recovery/https://mexicobusiness.news/finance/news/schp-outlines-07-gdp-growth-target-finance-weekhttps://uk.investing.com/news/stock-market-news/mexicos-finance-minister-forecasts-2025-economic-growth-of-15-to-23-93CH-4078969https://www.instagram.com/p/DJU3hZSSaGW/https://www.mitrade.com/insights/news/live-news/article-6-809801-20250509

Mexico’s Economic Outlook: Interest Rates, Trade Tensions, and Growth Projections

Explore Mexico's economic landscape as the central bank holds interest rates steady amidst potential cuts. Delve into the impact of U.S.-Mexico trade tensions and the World Bank's revised GDP forecast. Join us for an in-depth analysis of Mexico's monetary policy and its implications for future growth.Sources:https://www.bbh.com/apac/jp/insights/blog/mind-on-the-markets/EM-Preview-for-the-Week-of-May-4-2025.htmlhttps://mexiconewsdaily.com/business/inflation-april-interest-rate-cut/https://mexicobusiness.news/finance/news/banxico-may-cut-rates-policy-must-stay-tight-says-heathhttps://www.riotimesonline.com/banxico-eyes-further-rate-cuts-amid-growth-slump-and-trade-risks/https://www.tradingview.com/news/reuters.com,2025:newsml_L1N3RF0VW:0-mexico-central-bank-expects-further-rate-cuts-governor-says/https://www.vallartadaily.com/mexicos-inflation-rises-to-3-93-in-april/https://www.investing.com/news/stock-market-news/mexicos-annual-inflation-aligns-with-market-expectations-in-april-93CH-4032727https://www.ainvest.com/news/mexico-inflation-surges-april-central-bank-maintains-target-path-2505/https://www.vallartadaily.com/mexicos-inflation-rises-to-3-93-in-april/https://www.investing.com/news/stock-market-news/mexicos-annual-inflation-aligns-with-market-expectations-in-april-93CH-4032727https://www.ainvest.com/news/mexico-inflation-surges-april-central-bank-maintains-target-path-2505/https://www.bakertilly.global/insights/trumps-tariffs-a-new-era-for-global-tradehttps://www.nakedcapitalism.com/2025/05/mexicos-exports-to-us-just-surged-to-a-record-high-despite-or-largely-because-of-trumps-tariffs.htmlhttps://www.kiplinger.com/taxes/whats-happening-with-trump-tariffshttps://simplyeconomicsfrommexico.podbean.com/e/us-mexico-trade-tensions-tariffs-reshape-economic-landscape/https://www.fundssociety.com/en/news/business/trying-to-understand-u-s-tariffs-on-mexico/

Mexico’s Economic Struggles: Recovery Plans and Market Resilience

In today's episode, we delve into Mexico's economic challenges as the country narrowly avoids a technical recession. Despite a modest growth, projections for 2025 remain bleak. We explore the government's ambitious recovery plan aimed at boosting growth and job creation, and discuss the Bank of Mexico's monetary easing efforts. Additionally, we examine the surprising resilience of the Mexican stock market amidst these economic headwinds. Join us for an in-depth analysis of Mexico's economic landscape and the road ahead.Sources:https://mexicobusiness.news/finance/news/mexicos-economy-stagnates-despite-dodging-recession-citi-surveyhttps://www.themexicobrief.org/latest/a-risky-combinationhttps://www.ainvest.com/news/mexico-delicate-balancing-act-navigating-growth-0-2-economy-2505/https://www.riotimesonline.com/mexicos-stock-market-edges-up-as-economy-narrowly-avoids-recession/https://www.mayberryinv.com/mexicos-path-to-economic-recovery/https://www.mayberryinv.com/mexicos-path-to-economic-recovery/https://mexicobusiness.news/finance/news/schp-outlines-07-gdp-growth-target-finance-weekhttps://www.instagram.com/p/DJU3hZSSaGW/https://mexicobusiness.news/trade-and-investment/news/scenarios-guide-business-strategy-amid-uncertain-trade-tieshttps://www.mitrade.com/insights/news/live-news/article-6-806871-20250508

U.S.-Mexico Trade Tensions: Tariffs Reshape Economic Landscape

Explore the latest developments in U.S.-Mexico trade relations as new tariffs imposed by the Trump administration impact key sectors like automotive and steel. Discover how these changes are affecting Mexico's economic forecasts and its role in U.S. manufacturing value chains. Join us for an in-depth analysis of the challenges and opportunities facing both nations in this evolving economic scenario.Sources:https://cepr.org/voxeu/columns/roaring-tariffs-global-impact-2025-us-trade-warhttps://www.bbvaresearch.com/en/publicaciones/mexico-us-tariff-adjustments-less-trade-protectionism-with-mexico/https://www.tradecomplianceresourcehub.com/2025/05/05/trump-2-0-tariff-tracker/https://www.wxyz.com/news/ford-to-raise-prices-on-3-vehicles-made-in-mexico-due-to-trumps-tariffshttps://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration

Mexico’s Bold Moves: Labor Reforms and Trade Crackdowns

In today's episode, we delve into Mexico's ambitious labor reform proposal aimed at reducing the workweek and boosting the economy. Finance Minister Edgar Amador outlines plans to enhance national production and tackle unauthorized imports. We also explore the government's crackdown on steel and textile imports in response to U.S. tariffs, and its implications for Mexico's trade relationships. Join us for an in-depth analysis of these significant developments and their potential impact on Mexico's economic future.Sources:http://www.hrdmag.com.sg/asia/news/general/from-48-to-40-mexico-moving-toward-shorter-workweek-by-2030/534454https://www.hklaw.com/en/insights/publications/2025/05/consulta-popular-cuando-lo-menos-importante-son-los-trabajadoreshttps://www.hcamag.com/us/news/general/from-48-to-40-mexico-moving-toward-shorter-workweek-by-2030/534451https://allwork.space/2025/05/mexico-to-cut-work-week-from-48-to-40-hours-by-2030/https://evrimagaci.org/tpg/mexico-announces-gradual-reduction-of-work-week-to-40-hours-342127https://mexiconewsdaily.com/business/mexico-targets-irregular-steel-and-textile-imports/https://www.mayberryinv.com/mexicos-path-to-economic-recovery/https://mexicobusiness.news/finance/news/mexicos-shcp-aims-07-gdp-growth-700000-jobs-annuallyhttps://mexiconewsdaily.com/business/commercial-sector-overtakes-manufacturing-as-top-fdi-target-in-mexico/https://regeneracion.mx/the-peoples-mananera-morning-presidential-press-conference-monday-may-5-2025/https://economictimes.com/nri/latest-updates/first-migrants-charged-for-entering-military-zone-on-us-border/articleshow/120757537.cmshttps://www.inquirer.com/author/seidman_andrew/https://tecex.com/tariff-tracker/https://jen.jiji.com/jc/eng_agt?g=nation&k=20250506NATION-40049626https://dazzlingdawn.comhttps://mexiconewsdaily.com/business/mexico-targets-irregular-steel-and-textile-imports/https://mexicobusiness.news/mining/news/mexico-block-imports-over-half-steel-plantshttps://whtc.com/2025/05/05/mexico-lays-out-measures-to-avoid-steel-textile-dumping/https://www.investing.com/news/commodities-news/mexico-lays-out-measures-to-avoid-steel-textile-dumping-4022381https://www.mayberryinv.com/mexicos-path-to-economic-recovery/