“Mexico is a place where the real and the magical are inextricably intertwined” Credit: GETTY Andre Breton, father of the Surrealist movement, once described Mexico as “the most surrealist country in the world.” It certainly didn’t seem that way when I arrived aboard a cargo boat across the Sea [...]
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From Super Peso to Uncertainty: Extraordinary Peso Strength May be Drawing to a Close Puerto Vallarta, Mexico - As of October 1, Claudia Sheinbaum Pardo has officially assumed the presidency of Mexico, embarking on her term with a variety of economic challenges and uncertainties ahead. This leadership change has coincided with recent fluctuations in the Mexican peso, which, after a period of robust performance earlier this year, has shown…
The Ups and Downs of the Peso: Mexican Peso Depreciates Amid Global Tensions Puerto Vallarta, Mexico - The Mexican peso is experiencing a depreciation against the U.S. dollar this Thursday morning, as global economic factors weigh heavily on the local currency. The peso has lost ground due to a stronger dollar, driven by investor caution over escalating tensions in the Middle East and recent labor market data from…
Damage Reported in Puerto Vallarta After Sunday Night Storm Puerto Vallarta, Mexico - A strong storm that swept through Puerto Vallarta from Sunday night into early Monday morning brought heavy rainfall, causing minor damages and temporary road closures across the city, according to the Puerto Vallarta Civil Protection and Fire Department (PCBPV). The storm, which recorded up to 85 liters per square meter in…
Hurricane Milton Reaches Category 5, Spurring Alerts for Mexico’s Yucatán Peninsula As tropical cyclone season reaches its peak, Hurricane Milton has intensified rapidly, now classified as a Category 5 storm. The hurricane, located in the Gulf of Mexico, is affecting the Yucatán Peninsula and the southern United States, bringing heightened alerts across the region. According to the latest reports from the National Meteorological Service (SMN) and…
Mexican Peso Outlook Today: Middle East Tensions Tank Stocks, But Mexico’s Peso Surges The Mexican peso strengthened on Wednesday following President Claudia Sheinbaum's inauguration, as investors responded to promising economic signals from the United States. The domestic currency MXN= traded at 19.4364 pesos per dollar, showing a gain of 0.86% compared to Tuesday’s Reuters reference price. The appreciation followed a 0.37% gain during Tuesday’s international trading session, as…
Potential Tropical Cyclone Near Jalisco Coast Gains Strength Puerto Vallarta, Mexico - A potential tropical cyclone has been identified off Mexico's Pacific coast, intensifying as it moves slowly west-northwest, according to a report from the National Water Commission (Conagua). Currently situated approximately 185 kilometers southwest of Zihuatanejo, Guerrero, this low-pressure zone has prompted concern as it shows a 40% chance of developing into…
The Mexican Peso Today: Mexican Peso Gains Against U.S. Dollar Amid Strong Labor Data from the United States Puerto Vallarta, Mexico - The Mexican peso strengthened against the U.S. dollar on Friday morning, October 4, buoyed by positive labor market data from the United States. As of 6:52 a.m., the exchange rate stood at $19.33 Mexican pesos per dollar in the spot market, reflecting an appreciation of 0.11% compared to Thursday's close. This…
Puerto Vallarta’s Gaviotas Restaurant Wins 2024 World Culinary Award Puerto Vallarta, Mexico – October 7, 2024 – The acclaimed Gaviotas restaurant at the Sheraton Buganvilias Resort & Convention Center in Puerto Vallarta has been recognized with the 2024 World Culinary Award for Best Fine Dining Hotel Restaurant in Latin America. Known for its dedication to excellence in cuisine and service, Gaviotas proudly adds this…
Hurricane John Sinks Tourism in Acapulco: Hotel Occupancy Drops to 13% Acapulco, Mexico – In a troubling recurrence, Acapulco, one of Mexico's premier tourism destinations, finds itself grappling with the aftermath of a significant weather event for the second time in just over a year. This time, Hurricane John, which did not make direct landfall, has nonetheless inflicted substantial economic damage. The hurricane brought heavy rain,…
Puerto Vallarta’s New Mayor Launches Emergency Pothole Repair Program Puerto Vallarta, Jalisco – True to his campaign promise, newly elected Mayor Luis Munguía has launched the "Emergency Pothole Repair" program from day one of his administration. This initiative aims to tackle the critical issue of deteriorating road infrastructure across the city and ensure safer and smoother transportation for Vallartans. The Public Works Department has…