Fiscal sustainability in 2025 spending project, IMF asks Mexico

Fiscal sustainability in 2025 spending project, IMF asks Mexico

The 2025 expenditure budget, which will be discussed in November, must include a credible fiscal consolidation plan to meet medium-term goals and maintain sustainability in public finances, said the International Monetary Fund (IMF) in its Outlook report. Regional of the Western Hemisphere, released yesterday. In a brief section on Mexico’s economic situation, the organization stated … Read more

Despite tensions, Iberdrola prepares its return to the Mexican electricity system

Despite tensions, Iberdrola prepares its return to the Mexican electricity system

After the approval of new rules for the use of energy storage batteries for the National Electric System (SEN) – a necessary measure to avoid interruptions in supply and improve the integration of renewable energies – the energy firm Iberdrola has seen a new business opportunity in order to enter the Mexican market, data from … Read more

The strike at the Conservatory is one month old

The strike at the Conservatory is one month old

Yesterday marked one month of the student strike at the National Conservatory of Music (CNM), where uncertainty prevails between students and teachers. What was once a vigorous training space for professional musicians is now silent, with deserted hallways and dim auditoriums. One of the most serious reasons for the conflict, said Alexis Martínez Gasca, president … Read more

Iberdrola must adhere to the new rules: Sheinbaum

Iberdrola must adhere to the new rules: Sheinbaum

When all that remains is for the Chamber of Deputies to declare the constitutionality of the reform to the Magna Carta on energy matters, President Claudia Sheinbaum announced that the secretariat of the branch and the Federal Electricity Commission are already preparing the National Energy Plan, which includes the regulation of the participation of the … Read more

Peso extends its weakness against the dollar; listed on 20.04

Peso extends its weakness against the dollar; listed on 20.04

Mexico City. In Mexico, the dollar is trading at 20.04 pesos per dollar, exactly one week before the United States elections. The national currency extends its weakness against the US currency. The Mexican currency closed yesterday above 20 pesos per dollar, its worst level since last September 10, amid caution over the elections in the … Read more

Azcárraga’s own goal: Televisa falls on the stock market

Azcárraga’s own goal: Televisa falls on the stock market

The shares of Televisa, a Mexican media giant, fell yesterday after it was reported the day before that its executive president, Emilio Azcárraga Jean, took a leave of absence pending the results of an investigation in the United States related to alleged bribery payments to the International Federation of Association Football (FIFA). The company’s securities, … Read more

They investigate bribes for broadcast rights; ‘FIFAgate’ has already brought down leaders of the organization

They investigate bribes for broadcast rights; ‘FIFAgate’ has already brought down leaders of the organization

Emilio Maurer, former director of the national football team, is not surprised by the investigation by the United States Department of Justice into Emilio Azcárraga Jean, owner of Grupo Televisa, for alleged bribes to obtain the rights to broadcast World Cups, as he recalled that in it FIFAgate No tricolor was apprehended, despite the closeness … Read more

Sheinbaum: he and Salinas Pliego must explain the lawsuits they face in the US

Sheinbaum: he and Salinas Pliego must explain the lawsuits they face in the US

Emilio Azcárraga Jean (Televisa) and Ricardo Salinas Pliego (Tv Azteca) must explain the demands they face in the United States, said President Claudia Sheinbaum Pardo, who considered that Claudio papi, that commands the Prian and now he wants to do the same with the Supreme Court of Justice of the Nation (SCJN). “I don’t recommend … Read more

UN praises reforms for housing and in favor of women

UN praises reforms for housing and in favor of women

The Office in Mexico of the United Nations High Commissioner for Human Rights (UN-DH) welcomed the approval of the constitutional reforms on housing, in the Chamber of Deputies, and on substantive equality, in the Senate. Regarding the modification to article 123 of the Constitution, approved by the deputies, he encouraged that secondary laws incorporate human … Read more