Mexico's Portal
Briefing
you for business across the globe
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Country Briefings provides carefully
researched aggregated information covering the economy, stock market,
politics and corporate affairs.
These extracts are from the Politics section of
Mexico's Briefings.
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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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| The Senate on April 27th approved a modified version of a tax reform for the oil monopoly, Pemex, proposed by the lower house of deputies in November 2004. Pemex, which for years has complained of lar...
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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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| Energy reformists said that the country's divided Congress is a step nearer to reaching an agreement on long-delayed energy sector reforms, following a change in stance by the main opposition Inst...
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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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| On December 21st President Vicente Fox said he would appeal the legislature's 2005 budget with the Supreme Court. The "constitutional controversy" sent to the nation's Supreme Court ...
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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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| A poll released by Reforma newspaper on December 1st showed that 57% of Mexicans approved of President Vicente Fox, the highest level in a year, as his perceived honesty compensates for worries about ...
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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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| Roberto Madrazo, leader of the Institutional Revolutionary Party (PRI) that ran the country for 71 years before being ousted in 2000, vowed to win the next Presidential elections in 2006 and carry his...
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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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| Despite a positive response by markets in July to a deal that should finally allow the country's top banks to put a US$65bn bail-out that followed the 1995 banking crisis behind them, politicians ...
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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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| Thousands of protestors blocked the centre of Mexico City at the end of June, venting their frustration at the political system and lack of government accountability. President Vicente Fox and all cur...
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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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| Revenue in the first quarter of the year exceeded forecasts following higher than expected oil prices, helping the government to post a surplus of Ps47.2bn. According to the Finance Ministry, oil reve...
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