Category Archives: Economy

How Much Does Mexico Depend on Remittances From the U.S.A.?

Posted on April 8, 2026 by Allan Wall

How much does Mexico depend on remittances from the United States? Remittances are funds sent by people from Country A working in Country B. They are sent back to families in Country A. Many countries have grown to depend on … Continue reading →

Posted in Economy, Immigration | Tagged Belize, Costa Rica, El Salvador, Guatemala, Honduras, Latin America, Panama, Remittances, Tajikistan | Leave a comment

Mexico’s 24 Billionaires

Posted on March 23, 2026 by Allan Wall

Each March Forbes magazine publishes a list of the world’s billionaires, and by that they mean dollar billionaires. According to the 2026 Forbes List of Billionaires, the richest man in the world is Elon Musk. As of March 22nd, Elon … Continue reading →

Posted in Economy | Tagged Agustin Coppel Luken, Alberto Coppel Luken, Alejandro Bailleres Gual, Alfredo Harp Helu, América Móvil, Antonio del Valle Ruiz, Arca Continental, Banorte, Becle S.A.B., Billionaires, Carlos Hank Rhon, Carlos Slim, Cynthia Helena Grossman Fleishman, David Peñaloza Alanís, Donald Trump, Elon Musk, Enrique Coppel Luken, Fernando Chico Pardo, Fernando Espinosa Abdala, Forbes, GC1 Holding, German Larrea Mota Velasco, Gruma, Grupo Aeroportuario del Sureste (Asur), Grupo Bafar, Grupo Bal, Grupo Carso, Grupo Cifra, Grupo Coppel, Grupo Elektra, Grupo Financiero Inbursa, Grupo México, Grupo Modelo, I Timothy, Industrias CH, Industrias Peñoles, Jose Coppel Luken, Juan Domingo Beckmann Legorreta, Karen Virginia Beckmann Legorreta, Leopoldo Espinosa Abdala, Manuel Arango Arias, Maria Asuncion Aramburuzabala Larregui, Mexican Companies, Orbia Advance Corp., Oscar Baeza Fares, Pinfra, Race in Mexico, RIcardo Salinas Pliego, Roberto Hernandez Ramirez, Ruben Coppel Luken, Rufino Vigil Gonzalez, The Bible, Tony Garza, TV Azteca, Walmex (Walmart de Mexico), White Mexicans | Leave a comment

The 100th Anniversary of the Banco de Mexico

Posted on December 16, 2025 by Allan Wall

In calendar year 2025 there are several Mexican historical anniversaries of note. One of course is the 700th anniversary of the city, founded as Tenochtitlan by the Aztecs in 1325. [See Mexico City’s 700th Anniversary and President Sheinbaum Commemorates the … Continue reading →

Posted in Economy, History | Tagged Banco de Mexico, Historical Anniversaries, Plutarco Elias Calles, Victoria Rodriguez Ceja | Leave a comment

Mexican Congress Votes to Slap Tariffs on China

Posted on December 11, 2025 by Allan Wall

Following a proposal of President Claudia Sheinbaum, both houses of the Mexican Congress have voted to put tariffs on China and other countries, mostly China. From Bloomberg: “Mexican lawmakers gave final approval for new tariffs on Asian imports, broadly aligning … Continue reading →

Posted in Economy, Foreign Policy | Tagged China, Claudia Sheinbaum, Congress, Donald Trump, Mario Vazquez, Tariffs | Leave a comment

Remittances to Mexico Down Seven Straight Months

Posted on December 3, 2025 by Allan Wall

For seven consecutive months, remittances to Mexico have decreased. Remittances are funds sent by people from Country A working in Country B. It’s sent back to families in Country A. Many countries have grown to depend on remittances. In the … Continue reading →

Posted in Economy, Immigration | Tagged Remittances, The United States | Leave a comment

Mexico Now the Biggest Importer from the United States

Posted on November 22, 2025 by Allan Wall

Mexico was already the largest exporter to the United States. Now it’s the largest importer from the United States. From Mexico News Daily: “In 2023, Mexico became the world’s top exporter of goods to the United States, surpassing China. Now … Continue reading →

Posted in Economy, Foreign Policy | Tagged Exports, Imports, The United States, U.S.-Mexican Trade | Leave a comment

Remittances to Mexico Down Six Straight Months

Posted on November 11, 2025 by Allan Wall

For six consecutive months, remittances to Mexico have decreased. Remittances are funds sent by people from Country A working in Country B. It’s sent back to families in Country A. Many countries have grown to depend on remittances. In the … Continue reading →

Posted in Economy, Immigration | Tagged Remittances | Leave a comment

Canadian Prime Minister Carney Visits Mexico; How Much Trade Do Canada and Mexico Have Anyway?

Posted on September 20, 2025 by Allan Wall

Canada’s Prime Minister Mark Carney paid a visit to Mexico where he consulted with Mexican President Claudia Sheinbaum. As reported by the New York Times, “The leaders of Canada and Mexico, the United States’ two largest trading partners, met in … Continue reading →

Posted in Economy, Foreign Policy | Tagged Canada, Claudia Sheinbaum, Donald Trump, Grupo Bimbo, Mark Carney, Mexico City, Palacio Nacional, Tariffs, The U.S.A., USMCA | Leave a comment

Remittances to Mexico Down Fourth Straight Month

Posted on September 12, 2025 by Allan Wall

For the fourth straight month, remittances sent from Mexicans in the U.S. to Mexico were down. Last month I reported that June remittances were down from the previous June. This month it was reported that July remittances were down from … Continue reading →

Posted in Economy, Immigration | Tagged Banco de Mexico, Donald Trump, Remittances | Leave a comment

Mexico to Raise Tariffs on China

Posted on August 29, 2025 by Allan Wall

Reuters reports that Bloomberg reports that Mexico is set to raise tariffs on China. From Reuters: “Mexico’s government is set to raise tariffs on Chinese imports, including cars, textiles and plastics, as part of its 2026 budget proposal next month, … Continue reading →

Posted in Economy, Foreign Policy | Tagged China, Tariffs | Leave a comment