Puerto Vallarta News

Puerto Vallarta News

Mexico will have “zero growth in 2023″: Bank of America

Mexico will have "zero growth in 2023," as Bank of America Securities predicted, drastically lowering its growth estimate for the country over the next year from 1% to zero.

According to the firm, this will be a consequence of the expected economic slowdown in the United States -which will have an impact on Mexico-, high-interest rates, in addition to the conflict on the energy issue within the framework of the trade agreement between Mexico, the United States and Canada (T-MEC) due to the policies implemented by the government of Andrés Manuel López Obrador . . .

Read Full Story

Related Posts

Mexico import tariffs

Mexico advances bill to raise import tariffs for Asia

Mexico import tariffs advance in Congress, targeting Chinese and other non-FTA goods with higher duties...
los cabos fireworks

Los Cabos fireworks ban starts new fight over December noise

Los Cabos has cancelled retail fireworks sales for this December, keeping only pre-authorised hotel shows...
Puerto Vallarta whale rescue

Puerto Vallarta whale rescue after two tense days at sea

A humpback whale reached Banderas Bay still tangled in U.S. fishing gear. After two days...