MEXICO CITY (Dow Jones)--Mexican billionaire Carlos Slim said the country needs more than $200 billion in annual investment to generate well-paid jobs and economic growth above 4%.
Posted in Politic / Economic issues
MEXICO CITY-- Mexico needs to generate more electricity to meet the needs of its burgeoning population and developing industries but that seems increasingly tied to the prospect of future economic growth, latest data indicated.
Posted in Trends
Mexico ’s central bank reduced its economic growth forecasts for this year and next and reaffirmed its readiness to cut interest rates if the global economy further deteriorates.
MEXICO CITY- Mexico's peso gained on Tuesday after the head of the U.S. Federal Reserve raised hopes of more economic stimulus, but Chile's peso slid to a 14-month low on a rout in copper prices.
Mexico has the potential and the ability to grow above six per cent per year steadily, said Dr. Honoris Causa Fernando Solana Morales.
Mexico City: Mexico wants to revamp decades-old laws to ease limits on foreign investment in markets with little or no competition such as the airline, telecoms and energy sectors.
Posted in Foreing investment in Mexico
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