Great expectations for AMLO: survey reveals strong support

Poll results are nothing for AMLO to be unhappy about. Great expectations for AMLO: survey reveals strong support 69% expect things to improve during López Obrador’s presidency Wednesday, August 15, 2018 There are high expectations that things will get better under the incoming federal government, according to a new national poll that also shows the president-elect has strong support. The survey conducted by the newspaper El Universal between August 8 and 12 shows that 69% of those polled believe that Read More …

Priority given to 7 infrastructure projects costing 500 billion pesos

López Obrador, left, and incoming finance secretary Carlos Manuel Urzúa Macías at yesterday’s press conference. Priority given to 7 infrastructure projects costing 500 billion pesos Mexico City airport, Cancún-Palenque train, isthmus trade corridor, full internet coverage among them Tuesday, July 24, 2018 President-elect Andrés Manuel López Obrador announced yesterday that the next government will prioritize seven urgent infrastructure projects with an investment of 500 billion pesos (US $26.5 billion). The projects are the new Mexico City International Airport; a trade Read More …

TEQUILA BOOM ROOTED IN TRADITIONAL FARMING TECHNIQUES

TEQUILA BOOM ROOTED IN TRADITIONAL FARMING TECHNIQUES A growing thirst for tequila from New York to Tokyo has made the sale of the drink into a multibillion-dollar industry, but its production remains rooted in centuries-old methods of farming using hand tools and packs of mules. Mexico’s western state of Jalisco is the heartland of the tequila industry, where ‘jimadores,’ the farmers of the agave cactus from which the spirit is distilled, have worked the fields for generations. “I am so Read More …

Chancellor Merkel, Mexico’s new Amiga.

Chancellor Merkel, Mexico’s new Amiga Some say her visit to Mexico today is to show political muscle to Donald Trump Merkel and Peña Nieto in Berlin last year. Mexico News Daily | Friday, June 9, 2017   German Chancellor Angela Merkel will arrive in Mexico today on her second stop of a three-day Latin America trip with trade and investment set to take center stage in talks with her counterpart, Enrique Peña Nieto. Analysts, however, believe the opportunity to demonstrate Read More …

Supply chains mean cars not foreign-made.

Supply chains mean cars not foreign-made BMW’s South Carolina plant: isolated. They have saved the American automotive industry   By Raoul Lowery Contreras Mexico News Daily | Friday, May 12, 2017   One of the first foreign companies to rush into United States production when the North American Free Trade Agreement (NAFTA) took effect on January 1, 1994 was Germany’s BMW Group. They constructed and opened a gigantic factory in South Carolina that employs thousands and is responsible for thousands of Read More …

Mexico BMW Plant set for 2019, with NAFTA or no.

Artist’s rendering of BMW’s new plant. BMW set for 2019, with NAFTA or no Construction of San Luis Potosí factory between 40% and 60% complete Mexico News Daily | Friday, May 5, 2017 Construction of German auto maker BMW Group’s San Luis Potosí assembly plant is on schedule and is expected to begin production in April 2019, with or without NAFTA — the North American Free Trade Agreement. Plant manager Hermann Bohrer told CNN Expansión that “while there’s uncertainty around the Read More …

Reshaping NAFTA could be good for Mexico.

Reshaping NAFTA could be good for MX Around 98% of the corn that Mexicans use to make tortillas and other staples of their diet comes from the US. Donald Trump’s trade stand may end up hurting US agriculture By Cecilia Tortajada Mexico News Daily | Tuesday, April 18, 2017   Among other threats targeting Mexico during his election campaign, U.S. President Donald Trump harshly criticized the North American Free Trade Agreement (NAFTA), a 23-year-old tripartite deal that removed tariffs and Read More …

Costa Canuva Lays Cornerstone In The Riviera Nayarit.

Costa Canuva Lays Cornerstone In The Riviera Nayarit Posted on 20 March, 2017 by Vallarta Tribune On Tuesday, March 7, 2017, the cornerstone of the Costa Canuva project was laid; this is the newest Integrally Planned Resorts (CIP by its acronym in Spanish) in the Riviera Nayarit, which spurred the urbanization of this development located in Compostela that will be administered by the Fondo Nacional de Fomento al Turismo (Fonatur), Mexico’s national trust for tourism promotion. Roberto Sandoval, Governor of the state of Read More …

Investment of $1.5 B USD in farming this year in Mexico.

Investment of $1.5bn in farming this year Industry association expects to maintain double-digit growth Mexico News Daily | Tuesday, March 14, 2017 Agricultural firms are set to invest US $1.5 billion this year in modernization and development, says the president of the National Agricultural Council (CNA). In an interview with the newspaper Milenio, Bosco de la Vega Valladolid said the investment would focus on boosting protected farming, such as greenhouses, pressurized irrigation systems, revamping of storage facilities and logistics and certification strategies. De la Vega Read More …

Avocado growers not sweating over NAFTA.

Avocado growers not sweating over NAFTA Avocado exports generated a trade surplus of US $2 billion last year Mexico News Daily | Wednesday, March 8, 2017   If there is one sector of the Mexican economy that’s not worried about a renegotiation of the North American Free Trade Agreement, or NAFTA, it’s the avocado industry. The fruit, also known as “green gold,” has become a huge export crop, with 77% going to the United States. Those exports hit a record Read More …