Mass deportation would severely hit several U.S. state’s economy

Mexican agricultural workers cultivate romaine lettuce on a farm in Holtville, CA (Photo: cnbc)

President Donald Trump’s plans to deport millions of unauthorized workers will leave thousands of employers scrambling to fill newly vacated jobs. The impact will be concentrated in a handful of states and industries that rely most heavily on undocumented workers. Foreign-born workers without legal status make up an estimated 5.1 percent of the More...

by Yucatan Times | Published 1 day ago
PHOTO: sipse.com
By Yucatan Times On Thursday, February 23rd, 2017
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Another car-service platform prepares to launch operations in Merida

A new Yucatan company with a mobile technology platform, “Autotaxi Barato de Yucatan” (ABY), is preparing to enter Merida’s market of taxi service with private cars. At the moment, the platform More...

(PHOTO: AFP/Getty Images)
By Yucatan Times On Thursday, February 23rd, 2017
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Event today in DF explores: ‘Will the internet set us free?’

Remember the early days of internet exuberance? All the talk was about how it would inevitably expand freedom across the world, by connecting people to information and to one another. Once online and connected, More...

A flyer on a taxi windshield reads: "Uber we don´t want you in Quintana Roo." (PHOTO: elfinanciero.com)
By Yucatan Times On Wednesday, February 22nd, 2017
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Taxi-drivers union fights to the death against Uber for lucrative Cancun market

CANCUN — With a market of billions of pesos at stake, the taxi drivers union “Andrés Quintana Roo” has maintained an open war for half a year against independent drivers affiliated with Uber, More...

A picture illustration shows Mexican pesos and U.S. dollars. PHOTO: REUTERS/Edgard Garrido
By Yucatan Times On Wednesday, February 22nd, 2017
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Mexico will use dollar ‘hedges’ to try to shore up peso

Mexico’s foreign exchange commission said on Tuesday Feb. 21 it will offer up to $20 billion USD in currency hedges as it seeks to tame volatility it said has unfairly battered the peso, Reuters reported. “In More...

Emergency vehicles outside the Blue Parrot nightclub in Playa del Carmen, after a shooting recorded January 16, 2017. Photo: Afp
By Yucatan Times On Tuesday, February 21st, 2017
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Playa del Carmen aiming for new image

PLAYA DEL CARMEN, Q. Roo. — The mayor of the municipality of Solidaridad, Cristina Torres Gómez, confirmed the plans of remodelling of 12th Street in Playa del Carmen, where the Blue Parrot Bar used to operate. More...

U.S. Secretary of State Rex Tillerson, left; Homeland Security Secretary John Kelly, right. (PHOTO: reuters.com)
By Yucatan Times On Monday, February 20th, 2017
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OPINION: Mexico-U.S. trade relations top agenda for visiting Trump cabinet secretaries

Financial journalist Tom Hudson writes in the Miami Herald that when two members of President Donald Trump’s cabinet visit Mexico this week, immigration may rightly dominate the headlines, but trade relations More...

Photo: reikal.com.mx
Pemex gas pump.
By Yucatan Times On Monday, February 20th, 2017
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Gas prices in Mexico to fluctuate with market starting this week

Mexico’s Finance Ministry said that national gasoline prices fell 2 Mexican centavos per liter on Saturday Feb. 18, but prices would be set daily beginning this week as the country moves toward a free market More...

Viktor-Elbling
By Yucatan Times On Sunday, February 19th, 2017
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What do German investors see in Mexico?

Viktor Elbling, German ambassador to Mexico, believes that German companies will keep their investments in the country, although he admits there are concerns about Donald Trump’s trade policy. Mexico is More...

Procter & Gable Products (Photo: Google)
By Yucatan Times On Sunday, February 19th, 2017
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Stop buying U.S. products… Would that benefit or harm Mexico’s economy?

In recent weeks, a movement has emerged in social networks for Mexicans to stop buying products from US companies in response to Trump. #AdiósStarbucks, #NoCompresUSA and #Mexico are just some of the hashtags that More...