World News by Wild Rose

Mexico's CFE is expected to vote on 20 October on more than 60 solar and wind projects worth about US$12.5 billion, but the figures are not yet confirmed. The post Mexico Eyes US$12.5B Solar and Wind Plan appeared first on The Rio Times.

Mexico's Economy Ministry says only 11 carmakers with Mexican plants can use the zero-tariff waiver on car parts, in force since 14 October for five years. The post Mexico Limits Car Parts Tariff Waiver to 11 appeared first on The Rio Times.

The US Transportation Department revoked its 2025 order on Friday 16 October, so Mexican airlines can seek new US routes from Mexico City's two airports. The post US Lifts Limits on Mexican Airlines 16 Oct appeared first on The Rio Times.

Economy Secretary Marcelo Ebrard expects US tariff cuts on steel and cars in weeks or months, but named no deal, date or steel rate on 16 October. The post Mexico Expects US Tariff Cuts, Seeks 15% Cap appeared first on The Rio Times.

Mexico's factory output rose 1.7% in August from July and 4.1% from a year earlier, INEGI said on Friday, 16 October, while factory jobs fell. The post Mexico Factory Output Rises 1.7% in August appeared first on The Rio Times.

HR Ratings lowered Mexico's state oil company Pemex one notch to HR BBB on 15 October, tying its debt to the government's weaker credit standing. The post Pemex Rating Cut Follows Mexico’s Downgrade appeared first on The Rio Times.

Mexico exports are forecast to jump 26% to about US$835 billion this year, led by AI-related electronics, as a US trade review looms. The post Mexico Exports to Jump 26%, UN Body Says appeared first on The Rio Times.

Mexico’s IPC rose 1.31% to 67,663.29 on Thursday 15 October, the highest close since 18 June, as the peso strengthened 0.43% to 18.41 per US dollar. The post Mexico Stocks Rise 1.31% as Cemex Gains 5.1% | Mexico Market Report, Oct 15 appeared first on The Rio Times.

Mexico's lower house passed the US$576 billion 2027 revenue law early on 15 October, capping net domestic borrowing at US$92 billion. The post Mexico Deputies Pass US$576B Revenue Law appeared first on The Rio Times.

US auto tariffs do not fall only on foreign manufacturers; they tax a single production system spanning Michigan, Ontario and Mexico, raising costs for all. The post Auto Tariffs Hit North America Supply Chain appeared first on The Rio Times.

Mexico's lower house has passed a 2027 tax reform that caps deductions for large companies, including many US-owned subsidiaries, and sent it to the Senate. The post Mexico Tax Reform on Big Firms Clears House appeared first on The Rio Times.

AT&T is selling its Mexican wireless business to a 50-50 venture of Grupo Televisa and Fintech Holdings for US$2 billion, with regulatory approval still needed. The post AT&T Mexico Sale Fetches US$2 Billion appeared first on The Rio Times.

Mexico's 10% tariff on car assembly parts is gone for five years from 14 October, a bid to build more cars at home while most finished Chinese cars pay 50%. The post Mexico Waives Tariff on Car Assembly Parts appeared first on The Rio Times.

Mexican President Claudia Sheinbaum said she’s addressing Trump administration concerns about the growing US trade deficit with its southern neighbor in order to ink a bilateral deal, primarily by buying more American goods.

The IMF's new Mexico growth forecast puts 2026 at 1.5% and trims 2027 to 1.8%, as exports to the US carry an economy held back by trade doubts. The post IMF Trims Mexico Growth Forecast for Next Year to 1.8% appeared first on The Rio Times.

Mexico’s S&P/BMV IPC rose 1.06% to 66,746.78 on Monday 12 October as the peso gained about 0.8% to 18.26 per US dollar and industrial output beat forecasts. The post IPC Gains 1.06% to 66,746.78 as Peso Firms | Mexico Market Report, Oct 12 appeared first on The Rio Times.

Mexico's Economy Ministry imposed a provisional US$68.60 anti-dumping duty on each adult bicycle from China, effective Tuesday 13 October for six months. The post Mexico Sets US$68.60 Duty on Chinese Bicycles appeared first on The Rio Times.

Mexico's President Claudia Sheinbaum said on Monday that USMCA talks with Washington show progress but no final deal, and that the pact is not ending. The post Mexico’s Sheinbaum Says No USMCA Deal Yet on 12 October appeared first on The Rio Times.

Mexico's Finance Ministry lifted gasoline tax relief on premium fuel to 71% of the excise and kept diesel's excise at zero for 10 to 16 October. The post Mexico Lifts Premium Gasoline Tax Relief to 71% appeared first on The Rio Times.

The steel fund SLX rose 1.81% on 9 October as Brazil's Gerdau gained 4.07% and Mexico's Ternium 3.03%, though Chinese mill margins stay thin. The post Steel ETF Gains 1.8% as Gerdau Jumps 4.1% | Steel, Oct 9 appeared first on The Rio Times.

Mexico power explained: who dominates in 2026, from Morena's supermajority and family conglomerates to the military, the rich north and the poor south. The post Who Dominates Mexico, Elites and Regions Explained appeared first on The Rio Times.

Mexico's economy should grow 1.4% in 2026, the World Bank forecast on Tuesday, a small upgrade as policy uncertainty and trade friction weigh on investment. The post World Bank Lifts Mexico Growth Forecast to 1.4% appeared first on The Rio Times.

US data show record imports from Mexico in August and a US$27.7 billion goods gap, the widest with any country, ahead of a 2027 trade pact review. The post Mexico Exports to the US Hit Record US$60.6 Billion appeared first on The Rio Times.

Two state energy giants, a central bank and a few families run Mexico's economy. Who owns what, what trades in New York, and why it matters to Americans. The post Who Runs Mexico’s Economy, the Key Players in 2026 appeared first on The Rio Times.

Private-sector economists polled by Banxico now expect Mexico to grow 1.4% in 2026, up from 1.3%, and see inflation easing to 3.87%. The post Mexico Analysts Lift 2026 GDP Forecast to 1.4% appeared first on The Rio Times.

Sonora exports reached US$8.52 billion in the second quarter of 2026, a state record, as mining sales doubled while factory shipments barely grew. The post Mexico’s Sonora Exports Hit a Record US$8.5 Billion in the Second Quarter appeared first on The Rio Times.

Mexico neighbours define its trade, migration and water future, from the US border to Guatemala and Belize, and what that means for foreign readers. The post Mexico Neighbours Explained for US, Canada and Beyond appeared first on The Rio Times.

Mexico's S&P/BMV IPC fell 0.18% to 63,712.24 on Friday as the peso strengthened 0.83% against the dollar after weak US jobs data. The post Mexico IPC Slips 0.2% as Peso Gains 0.8% | Mexico Market Report, Oct 2 appeared first on The Rio Times.

Brazilian steel ADRs rallied on Friday, with Gerdau up 4.16% and CSN up 3.57%, while Ternium gained 2.37% under the unresolved 50% US tariff on Mexican steel. The post Gerdau ADR Jumps 4.2% as Brazil Steel Shares Rally | Steel Report, Oct 2 appeared first on The Rio Times.

S&P Global’s Mexico manufacturing PMI edged up to 50.3 in September from 49.8, helped by orders and slower deliveries, while output fell for a 27th month. The post Mexico Manufacturing PMI Rises to 50.3 in September appeared first on The Rio Times.