MEXICO CITY Mexico's central bank is expected to again cut its benchmark interest rate on Thursday, responding to the economic toll of the coronavirus and reduced pressure on inflation, a Reuters poll showed.
MEXICO CITY Mexico could force the closure of companies in non-essential sectors if they refuse to suspend operations during a state of emergency to curb spread of the coronavirus, a top health official said on Wednesday.
MEXICO CITY, Feb 10 Mexico's central bank is
expected to lower its key interest rate again on Thursday,
according to a Reuters poll of analysts, as the economy appears
to be stagnating.
MEXICO CITY, Nov 22 Mexico's lower house of
Congress approved the 2020 budget in the early hours of Friday,
signing off on the spending part of the package after voting was
delayed twice in as many weeks.
MEXICO CITY Mexico's president on Thursday accused a senior U.S. diplomat of lacking respect for Mexican sovereignty after he questioned the Mexican government's strategy for quelling drug cartel violence.
* Pemex also plans to refinance short-term debt
(Adds S&P statement, analyst comment)
MEXICO CITY Ratings agencies gave a cautiously positive assessment on Wednesday of Mexico's $5 billion cash injection into state oil company Pemex, but it did not dispel the risk of another downgrade of its bonds to speculative grade, or junk, in the next few months.
MEXICO CITY Mexican President Andres Manuel Lopez Obrador on Thursday called the jail conditions of drug lord Joaquin "El Chapo" Guzman inhumane, while vowing to bring down violence stemming from drug violence by create a society less obsessed with material wealth.
MEXICO CITY Mexico's central bank is expected to hold its benchmark interest rate steady at 8.25% on Thursday, according to a Reuters poll, after annual inflation slowed this month more than expected, despite signs of weakness in the economy.