Mexico

Climate change laws around the world

There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

Mexico Year in Review 2016

Improving employment figures and the strong performance of a number of key sectors were offset by slower increase and uncertainty over the impact of the incoming Donald Trump government on the economy, which is set to be a major theme in 2017.

While GDP increase for the year was expected to relieve slightly to around 2.1% from 2.5% in 2015, according to the IMF, investor sentiment remained strong, buoyed by the government’s decision to begin implementing an ambitious programme of structural reforms.

However, the US election result in November sent ripples through the economy, driving down the peso and raising the prospect of ratings downgrades in the new year.

Bilateral Relations Pipelines that bind: U.S. and Mexico to increase energy integration

Nowhere are ties so strong and vital between the United States and Mexico than in the energy sector, with both partners having to depend heavily on the importation of the other’s energy resources like oil and gas

While the Un-ited States is Mexico’s major su-pplier of natural gas and continues to be agrowing market for additional U.S. natural gas exports, at the same time, Mexico is the fourth supplier of crude to the United States by volume, generating revenue of over $11.6 billion during 2014 from the sale of 230 million barrels of crude.

Latin America: external vulnerabilities and FX pressure valves

Mexico Year in Review 2014

While unresolved political issues took their toll on the popularity of Mexico’s President Enrique Peña Nieto in 2014, the year as well brought significant evolution in the form of Congressional approval for a far-reaching reform package.

Reforms needed to energise Mexico’s economic performance

Disappointing economic results from the initial quarter of the year prompted the Mexican government in late May to reduce its GDP increase estimate for the year from 3.9% to 2.7%.

Mexico's banks poised to reap the rewards of new reforms

Troy Wright, CEO of Scotiabank Inverlat, Mexico’s seventh major commercial bank by assets and Tier 1 capital, believes that the Mexican banking system as a whole – 45 banks in total – will benefit.

The Latin American way new Trans-Pacific Partnership

Cross-border trade bodies in the Americas have a variable record, with critics rounding on the likes of Mercosur or even the new Trans-Pacific Partnership. However, the Pacific Alliance – largely driven by the private sectors of Chile, Peru, Colombia and Mexico – appears to be showing how such bodies can work entirely.