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Mexico Weekly - Report on Mexico Business Outlook:Half Time  Reflections and Expectations 
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Report on Mexico Business Outlook:  

Half Time Reflections and Expectations 


by
  Seb Eskauriatza
University of Birmingham, PhD Candidate
Mexican Chamber of Commerce

 
 

This article aims to report on Mexico Business Outlook 2015, hosted by Mayer Brown International LLP on 4th June 2015. The event is organised twice a year by the Mexican Chamber of Commerce as part of its work in promoting bilateral relationships between business communities in México and the United Kingdom (UK). Mexico Business Outlook 2015 has a special importance this year given that 2015 is the ‘Official Dual Year between México and the United Kingdom’. This diplomatic initiative promotes México in the UK, and the UK in Mexico, and it provides an exciting opportunity for each nation’s business and diplomatic communities to strengthen and deepen relationships and trade commitments.
 
This year’s Mexico Business Outlook brought together business persons, diplomats, economists, politicians, academics and industry experts from finance, infrastructure and energy, banking and reinsurance. It was also open to Mexican Chamber of Commerce members and non-members. The collective aim was to reflect on achievements and challenges experienced in the first half of 2015. This then led on to discussions that focused on expectations and opportunities going forward.

A Warm Welcome
After a warm welcome by Graham Wedlake, Partner in the Finance Group at Mayer Brown International, Ambassador Diego Gomez-Pickering provided an official introduction.
 
Ambassador Gomez Pickering recalled that, despite slower growth in the Latin American region generally (see IMF Report
here), Mexico was bucking the trend and was experiencing a relatively favourable outlook with growth expected at around 3%. 


For the complete article please click here.

THE GUARDIAN

Energy reform: Will Mexico's newest revolution boost renewables - or just fossil fuels?

June 2nd, 2015

Will the breakup of Mexico’s decades-old monopolies and the arrival of new oil, gas and power players lead to renewed growth and investment across the economy?

For the complete article click here.

Mexico and Canada have called a meeting with the World Trade Organisation to request the right to impose sanctions on the US, worth $3bn (£2bn). 

For the complete article please click here.

HUFFINGTON POST 

Tijuana and the future of trade

June 6, 2015

Today, the general perception is that NAFTA didn't deliver on its promise, and that Mexico needs a self-sufficient economy to move forward. Tijuana offers one potential avenue for economic growth, through a 21st century approach to North American free trade.

To read complete article please click here.

The Mexican government’s decision to bow to pressure from a dissident teachers’ union ahead of midterm elections that the president admits are a referendum on his rule is a political gamble that could undermine, not boost, its battered credibility.

For the complete article click here.

BLOOMBERG

Mexico's Peso falls to record as U.S. jobs sink emerging markets 

June 5, 2015


Mexico’s peso dropped to its weakest level since its 1993 revaluation after a jump in U.S. payrolls bolstered bets the Federal Reserve will raise interest rates and sink demand for emerging-market assets.

For the complete article click here.

Despite President Pena Nieto's promises to restore peace in Mexico, these elections have proved otherwise. They have been some of the most violent in recent history.

To read complete article please click here.

BLOOMBERG 

Mexico keeps key rate at record low of 3% after forecasts cut

June 4th, 2015

Mexico’s central bank kept borrowing costs unchanged at a record low for an eighth straight meeting after reducing its growth forecast for Latin America’s second-biggest economy.

For the complete article click here.

THE ECONOMIST

Mixing Tequila and Caipirinha: if only
Latin America's two giants co-operated more


June 6, 2015


True, bilateral trade has doubled over the past ten years, but only to $9.2 billion a year; neither is among the other’s top seven trading partners. 

For the complete article click here.


PRESS RELEASE 

Kidzania London will open its doors on Thursday, June 25th 2015

May 19, 2015

Built over the course of one year the 75,000sq ft. child-size city is the equivalent in size to Leicester Square, with the ceiling height of Heathrow Terminal Five, able to welcome up to 1,700 visitors at any one time, KidZania London is forecast to welcome an incredible one million guests in its first year. 

For the complete article click here.

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