Sharay Angulo

UPDATE 1-Mexico's primary budget surplus for 2019 higher than envisioned

31 Jan 2020

MEXICO CITY, Jan 30 Mexico's finance ministry on Thursday reported a primary budget surplus of 1.1% for 2019, slightly more than the 1% set out in its budget, adding that at the end of the year its financial results were better than expected.

Exclusive: New tensions surface over U.S.-Mexico seasonal farm trade

31 Jan 2020

MEXICO CITY Fresh battle lines are being drawn that could lead to farm trade restrictions between the United States and Mexico, a letter from a top Mexican trade official seen by Reuters shows, despite the goodwill generated by the newly signed North American trade pact.

Mexican autoparts firms eye fast lane after U.S. backs trade deal

17 Jan 2020

MEXICO CITY Mexican auto parts manufacturers with clients across North America expect a record year after U.S. approval of a trade deal mandating higher regional inputs, but the new rules pose a bigger challenge to carmakers.

Mexico sets out justice reform that could aid U.S. cooperation

16 Jan 2020

MEXICO CITY Mexican officials on Wednesday presented lawmakers a proposal to overhaul the criminal justice system, paving the way for the Senate to take up the plan next month which could facilitate security cooperation with the United States.

Mexico carmaking faces rough 2020 as exports post first drop in decade

09 Jan 2020

MEXICO CITY Automotive exports from Mexico fell for the first time in a decade last year, dragged down by weak demand from outside the United States, and Mexican carmaking is likely to suffer fresh reversals in 2020, an industry group said on Wednesday.

Mexico City goes back to the future with plastic bag ban

05 Jan 2020

MEXICO CITY Mexico City's new ban on plastic bags has inspired visions of a journey back in time even as local makers of the packaging worry they could become obsolete. | Video

Archeologists discover ancient Mayan palace in eastern Mexico

27 Dec 2019

MEXICO CITY Archeologists have discovered a large palace likely used by the Mayan elite more than 1,000 years ago in the ancient city of Kuluba, near the modern day tourist hot spot of Cancun in eastern Mexico, Mexican anthropology officials said. | Video

Mexican businesses worry tweak to USMCA trade deal could slow exports

24 Dec 2019

MEXICO CITY Mexican businesses are concerned that a tweak to dispute resolution mechanisms under a new North American trade deal could be used to stifle exports, top industry associations say.

Battered Mexican construction sector hopes to exit slump in 2020

20 Dec 2019

MEXICO CITY Major infrastructure projects recently announced by Mexico's government and the private sector could next year pull the construction industry out of a protracted slump, though the boost to the economy is unlikely to be significant.

Mexico postpones clean diesel rule for Pemex for five years

19 Dec 2019

MEXICO CITY Mexico's energy regulator voted on Wednesday to defer for five more years a rule requiring national oil company Pemex to produce, distribute and sell ultra-low-sulfur diesel (ULSD) nationwide.

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