News

U.S. energy exports to Mexico near record-high levels

US – The United States exported crude oil, petroleum products, and natural gas to Mexico worth nearly US$34 billion in 2019, just shy of the record-high value of energy exports in 2018, the US Energy Information Administration (EIA)...

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Phoenix approves proposal for Arizona's tallest tower

PHOENIX – A tower that could soon be Arizona's tallest building received final approval from Phoenix City Council Council approved an amendment that will allow Aspirant Development, a division of Scottsdale-based Empire Group, to build a...

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Green Pace Financial will finance the construction of a multi-family project in San Diego

SAN DIEGO – Green Pace Financial and its affiliate Hoover Financial closed the US$347 million in Commercial PACE approved construction financing to complete the construction of a 53 Unit Class A Multifamily development plus 45,000...

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Chihuahua announces 14-day curfew on nonessential commercial activities

CHIHUAHUA – A two-week curfew on nonessential commercial activities designed to slow the spread of the COVID-19 pandemic takes effect in the state of Chihuahua Governor Javier Corral announced that the curfew will apply between 7:00 pm and...

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Mexico's exports to the U.S. grew in September

MEXICO – Mexican exports of products to the United States totaled US$298 billion in September, an increase of 11% which represented its first growth after a semester of contractions, at year-on-year rates The Census Bureau reported that...

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Restaurants in Coahuila will remain open

LA LAGUNA – The restaurants adhering to the National Chamber of the Restaurant Industry in La Laguna (Canirac), will continue to open under the commitment to take care of costumers’ health, with protocols designed by state and municipal...

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Tijuana Viaduct investment will be private

TIJUANA – Governor Jaime Bonilla Valdez denied that the construction of the viaduct in the city of Tijuana is being carried out under the modality of Public Private Partnership (PPP) He specified that the work will be possible through the...

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Caintra forecasts economic recovery until 2023

NUEVO LEON – For the industrialists of Nuevo Leon, the perspective of recovery of the economy will have a greater respite in 2023, since the sanitary crisis will continue for a great part of next year, indicated Adrián Sada Cueva, president of...

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Cross-border operators brace for peak holiday season

MEXICO – Freight deliveries from Mexico to the United States are soaring as the transportation industry enters the peak holiday season With stronger freight demand and higher trucking rates already affecting volumes along the US-Mexico border,...

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New Mexico proposes US$25 million economic stimulus package for tourism industry

SANTA FE – Gov Michelle Lujan Grisham has proposed a US$25 million special appropriation as an economic stimulus package for the New Mexico tourism industry in response to the COVID-19 pandemic The COVID-19 pandemic created widespread...

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