Author: Anima Prabhu

Mexico, as one of the largest oil producers in Latin America, is highly vulnerable to fluctuations in global oil prices. These shifts create economic uncertainty, making it essential to model their effects on economic growth. In recent years, oil price volatility has played a significant role in Mexico’s economic performance, especially in the sectors most reliant on oil revenues and exports. Understanding the impact of this uncertainty can help policymakers better prepare for future challenges. In this article, we explore how oil price uncertainty affects Mexico’s economic growth, analyzing the impacts on various sectors and potential solutions. Abstract: Oil price…

On November 25, President-elect Donald Trump announced plans to impose significant tariffs on the United States’ three largest trading partners: Canada, Mexico, and China. These tariffs are part of his efforts to fulfill campaign promises that could potentially ignite trade wars. Trump, who is set to take office on January 20, revealed that he intends to implement a 25% tariff on imports from Canada and Mexico. This action would remain in place until both countries take stronger measures to curb drug trafficking—specifically fentanyl—and reduce migrant flows across the U.S. border. The move could be seen as conflicting with existing free-trade…

Dubai’s Blockchain Revolution in 2024: Growth and Challenges Explained Dubai has long been a global beacon of innovation, but in 2024, the city is solidifying its position as a leader in blockchain technology. With ambitious goals set in motion through its Dubai Blockchain Strategy, the city has become a testing ground for blockchain applications in everything from finance to government services. However, as the blockchain ecosystem expands, it faces its own set of growth challenges and barriers that could determine whether Dubai’s vision comes to fruition. In this article, we will explore how blockchain is transforming Dubai’s landscape, examine the…

After Landslide Victory: Why Global Engagement is Crucial for Mexico’s Next President On October 1, Claudia Sheinbaum is set to become Mexico’s first female president, following a landslide victory by her Morena-led three-party coalition. Sheinbaum’s victory, with a commanding 30-point lead over her main opponent, Xóchitl Gálvez, marks a historic milestone for the country. Alongside the presidency, her coalition is projected to secure seven of the nine governorships up for grabs, including Mexico City, and has a clear path toward achieving the two-thirds supermajority in the bicameral Congress necessary for constitutional amendments. With such a robust mandate, Sheinbaum is poised…

What Would AMLO’s Election Reforms Mean for Mexico? In recent months, Mexican President Andrés Manuel López Obrador (AMLO) has proposed a series of election reforms that have sparked significant debate both in Mexico and internationally. The aim of these reforms is to overhaul the country’s electoral system, which AMLO and his supporters argue is deeply flawed and ripe for corruption. However, critics warn that these changes could undermine Mexico’s democratic processes and create a more centralized system of power. So, what would AMLO’s election reforms mean for Mexico? In this article, we’ll break down the key components of the proposed…

The modernization of the EU-Mexico Global Agreement marks a crucial milestone in the relationship between the European Union (EU) and Mexico. As global dynamics shift, the need for updated trade agreements has never been more important. So, what exactly does the modernisation of this deal mean, and why is it a game-changer for both parties? This article explores the latest updates, key points of interest, and the potential economic and political implications of this updated deal. On April 21, 2018, the European Union (EU) and Mexico reached a major agreement in principle for a new trade deal, expanding on the…

MEXICO CITY, Sept 11- On Wednesday, Mexico’s Senate approved a judicial reform that has sparked a court workers’ strike, raised tensions with the United States, and caused significant market volatility in Latin America’s second-largest economy. The reform, proposed by outgoing President Andrés Manuel López Obrador and backed by President-elect Claudia Sheinbaum, aims to overhaul the judiciary, but it has been met with significant opposition both domestically and internationally. What Is the Judicial Reform? The core of the reform calls for the popular election of over 6,500 judges, magistrates, and ministers, including members of Mexico’s Supreme Court. Traditionally, Supreme Court judges…

MEXICO CITY — President Andrés Manuel López Obrador fiercely criticized U.S. Ambassador Ken Salazar on Friday after the diplomat warned that Mexico’s democracy was at “major risk” due to a proposed plan to overhaul the judicial system, which includes allowing voters to elect judges. This marks the most intense public clash between the U.S. and Mexico since President Joe Biden took office. López Obrador, a populist and long-time left-wing figure, intends to push through a constitutional reform next month to allow direct elections of judges, including those on the Supreme Court. The proposal has sparked considerable controversy, with critics arguing…

MEXICO CITY, June 10 – Claudia Sheinbaum, Mexico’s President-elect, announced on Monday that she intends to initiate extensive discussions regarding the proposed constitutional reforms, including a controversial judicial overhaul that has raised concerns in the financial markets. These discussions will take place before the new congressional session begins. The judicial reform aims to replace the current appointed Supreme Court with judges elected by the public, as well as implement similar changes in some lower courts. Critics argue that such changes could dramatically shift the balance of power in Mexico. Sheinbaum, in a press conference following a meeting with outgoing President…

The Yucatán Peninsula, known for its stunning coastlines, vibrant cultural heritage, and thriving tourism industry, has also faced the destructive force of numerous hurricanes over the years. Since the 1980s, this beautiful region has experienced several major storms that have left lasting scars on its landscape, economy, and communities. These hurricanes have tested the resilience of local residents and shaped the way authorities and citizens prepare for and respond to such disasters. From massive flooding to widespread damage to infrastructure, the storms have highlighted both the vulnerability and strength of the Yucatán Peninsula. In this article, we will take a…