We’re prepared for end of NAFTA, Mexico’s top diplomat says

Luis Videgaray. (PHOTO: bloomberg.com)

Mexico is prepared for the end of the North American Free Trade Agreement if it can’t reach a deal with the U.S. and Canada that benefits all three nations, the country’s top diplomat said. President Enrique Pena Nieto’s administration is committed to keeping North America tariff-free and has set clear limits for what it can accept in negotiations More...

by Yucatan Times | Published 28 mins ago
A general view of a market in Mexico City. PHOTO:   REUTERS/Tomas Bravo
By Yucatan Times On Friday, March 24th, 2017
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Mexico’s rising inflation prompts hints of more interest rate hikes to come

Mexican annual inflation rose at its fastest pace in nearly 8 years in early March, prompting central bank chief Agustin Carstens to hint at higher interest rates to combat an inflation “bubble” he said More...

17 de marzo de 2017. El alcalde Mauricio Vila con el gobernador de Querétaro. Foto oficial
By Yucatan Times On Thursday, March 23rd, 2017
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Mérida and Querétaro unite to promote tourism

Mérida and Querétaro are joining forces to boost the tourism sector in both cities, through offering new and traditional regional products and the most exclusive hotels of the southern region of México,. The More...

CHART: Financial Forecast Center.
By Yucatan Times On Wednesday, March 22nd, 2017
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Mexico stock-market index hits all-time high, despite Trump

This may comes as a surprise to anyone not following Mexico closely. The country’s benchmark stock-market index, the IPC, hit a new all-time high on Tuesday March 21, writes Ian Bezek on seekingalpha.com. The More...

Chicza chewing gum is produced in Campeche and Quintana Roo. (PHOTO: chicza.com.uk)
By Yucatan Times On Tuesday, March 21st, 2017
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Mayan chewing gum penetrates global organic-foods market

Mayan farmers in the states of Campeche and Quintana Roo have become players in the global chewing gum market with their unique and organic product. Sold under the brand Chicza Organic Rainforest Gum, the biodegradable More...

Spring breakers have complained of mistreatment by tourist police. (PHOTO: borderlandbeat.com)
By Yucatan Times On Tuesday, March 21st, 2017
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Cancun hoteliers: Clean up police corruption to preserve tourism

CANCÚN — “The insecurity and violence in Cancun has reached alarming levels, so it is time to apply zero tolerance security schemes such as those implemented in New York and managed to reduce high rates More...

samsung-factory
By Yucatan Times On Monday, March 20th, 2017
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Samsung will remain in Mexico

According to the Secretariat of Economic Development of Baja California, Mexico (Sedeco), Samsung will maintain its investment in the region and will create 200 new jobs this year. Samsung Mexico plans to remain More...

trump brand
By Yucatan Times On Sunday, March 19th, 2017
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Mexican Institute of Industrial Properties approves trademarks for the Trump brand

The saga of Donald Trump’s relationship with Mexico took another twist on Sunday. After all the talk of the wall the president claims Mexico will pay for, despite the country saying that it won’t, and the cancellation More...

Mexico must be ready to retaliate if Trump levies border tax, says minister Guajardo. (Photo: Google)
By Yucatan Times On Saturday, March 18th, 2017
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Country-specific rules of origin in NAFTA unacceptable: Mexico

Under the trilateral trade deal, rules of origin can specify that products must meet minimum regional (NAFTA-wide) content requirements to be tariff-free, but there are no national content requirements   Country-specific More...

The Mexican Ministry of Defense (SEDENA) has created state of the art bullet-resistant vests that provide safety and comfort for operatives (Photo: El Universal)
By Yucatan Times On Saturday, March 18th, 2017
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Made in Mexico state-of-the-art bullet-resistant vests

The Mexican Ministry of Defense (SEDENA) has created state of the art bullet-resistant vests that provide safety and comfort for operatives as a result of the combination of research by specialized military engineers, More...