Mexico‘s Federal Budget and Fiscal Responsibility Law states that 20% of transfers from the Mexican Petroleum Fund are earmarked for research on hydrocarbons and energy sustainability. As part of the Mexican government’s actions towards the energy transition, three Mexican Centers for Innovation in Geothermal, Solar and Wind Energy
Imports of capital goods to Mexico rose at a year-on-year rate of 18.9% in 2022, to US$48.203 billion, Inegi reported. In Mexico, gross capital formation had a cumulative drop of 5.1% in the period between 2017 and 2019, followed by a significant contraction, to the tune of 17.8%
Constellations Brands, an international producer and marketer of beer, wine and spirits highlighted its following commitments. The company has operations in the United States, Mexico, New Zealand and Italy, with brands such as Corona Extra, Modelo Especial and the Robert Mondavi, Kim Crawford and Meiomi family of brands.
Mexico‘s GDP registered a 3% year-on-year growth in 2022, according to timely figures and seasonally adjusted series, Inegi reported on Tuesday. Previously, the Mexican economy experienced a sharp slowdown starting in mid-2018, followed by a slight contraction of real GDP in 2019 due in particular to a fall
The U.S. Economy will grow 1.4% in 2023, after registering a 2% increase in 2022, the International Monetary Fund (IMF) projected. After that, in 2024, U.S. GDP would grow 1%, according to IMF forecasts. With a pickup in growth in the second half of 2024, growth in 2024
The International Monetary Fund (IMF) projects world GDP growth, estimated at 3.4% in 2022, to decline to 2.9% in 2023, then rise to 3.1% in 2024. Compared to the October forecast, both the 2022 estimate and the 2023 forecast are higher by about 0.2 percentage points, reflecting positive