#Will Mexico seize the moment and capitalize on nearshoring?

#Will Mexico seize the moment and capitalize on nearshoring?

This year has not been good for most emerging economies that have felt the impact of rising interest rates, a slowdown in the global economy and a firm U.S. dollar. Amid this, Mexico is an outlier: Its economy has fared better than expected and its stock market has outperformed other emerging economies.  The Mexican peso has also been one…

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#Mexican railroad suspends freight service citing migrant safety

#Mexican railroad suspends freight service citing migrant safety

A major Mexican railroad company has temporarily stopped 60 trains on south-to-north routes because of rising deaths and injuries of freighthopping migrants. Ferromex, a company that operates several routes that head to five U.S.-Mexico border crossings, announced Tuesday it was stopping the 60 trains, with cargo capacity equivalent to 1,800 trucks, because of the “notable increase…

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#Mexico’s next president will be a woman

#Mexico’s next president will be a woman

Mexico’s ruling party on Wednesday appointed former Mexico City Mayor Claudia Sheinbaum as its presidential candidate for 2024, all but guaranteeing that the country’s next leader will be the first woman to hold the office.  Sheinbaum is running against Sen. Xóchitl Gálvez, whose surprise entry into the opposition primaries galvanized and united a motley group…

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