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Mexico Portal
Briefing
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Extract from the Briefing covering the period 16/03/2005-08/05/2005
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GDP Growth Slowed to Around 4% in Q1 2005
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In a statement at the end of April the central bank said that annual inflation could rise slightly in the coming months but could decline again around the third quarter of 2005 to meet its target rang...
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Extract from the Briefing covering the period 03/02/2005-15/03/2005
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Exports to US Lose Ground to China
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At a three-way summit meeting in Texas on March 23rd, President George W Bush will attempt to ease friction with US neighbours Canada and Mexico....
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Extract from the Briefing covering the period 13/12/2004-02/02/2005
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Central Bank Hikes Rates to Curb Inflation
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Economy Minister Fernando Canales said that foreign direct investment in 2004 totalled US$16bn, up from a total of US$10.731bn in 2003 (with the US and Spain as the top investors)....
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Extract from the Briefing covering the period 01/11/2004-12/12/2004
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Central Bank Pushes Up Rates for Ninth Time in 2004
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According to the government, in September gross fixed investment expanded by 9.1% from a year earlier, as companies continued to increase capacity to keep up with economic growth. In the first nine mo...
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Extract from the Briefing covering the period 31/08/2004-31/10/2004
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Central Bank Increases Rates for Seventh Time This Year
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Legislators have rejected the government's proposal to reduce the budget deficit to around 0.14% of GDP in 2005 (as part of its efforts for a balanced budget in 2006). In approving the revenue sec...
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Extract from the Briefing covering the period 17/07/2004-30/08/2004
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Interest Rates Rise in August for Fifth Time This Year
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According to bankers, improved economic growth and greater willingness to extend credit by banks could result in an increase in lending to companies for the first time in a decade. After the 1994/95 p...
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Extract from the Briefing covering the period 02/06/2004-15/07/2004
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Government Raises Economic Growth Forecast as Exports Boom
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Although unemployment has been on a slow decline in recent months, many business leaders are still hesitant to add jobs until they see signs of a stronger global economy. In the long-term the country&...
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Extract from the Briefing covering the period 19/04/2004-01/06/2004
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Economy Grows at Fastest Rate in Three Years
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The Canadian Cattlemen's Association said that US regulators had decided that the country could once again export beef trim to US buyers and ship the products through the US to Mexico. Exports of ...
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