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Real Estate Investment & News | Topic | bloomberg | Page 1

06 April, 2017

Mexico’s Economy Growing Despite Trump Threats

Mexico’s economy appears to be on a roll in 2017, with a trade surplus in February and more economic growth that analysts had predicted in January, according to new data released last week by Bloomberg. At this point all signs point to Trump having little or no effect on economic growth in Mexico this year.

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17 November, 2015

Mexico is quickly becoming a major force to be reckoned with on the world economic stage, with a booming economy, low unemployment, affordable luxury real estate and a large labor force, it's easy to see why the following companies are investing heavily in what has become Latin America's second largest economy.

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23 January, 2014

More international visitors are heading to Mexico than ever before, prompting a surge of new investment dollars in the commercial real estate market. According to Bloomberg, hotel occupancy rates in Mexico have outpaced numbers throughout the rest of Latin America, driven by a growing middle class, business expansion and the skyrocketing number of new vacationers from destinations around the world.

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09 January, 2013

Bloomberg Businessweek and NASDAQ have reported that Mexico will soon be home to a new Goldman Sachs brokerage unit that is expected to rival Citigroup and lead to heightened financial services competition in this emerging Latin American superpower. By creating Goldman Sachs Mexico Casa de Bolsa SA, the firm will be able to transfer some of its activities that are currently taking place in other countries, thereby boosting operations outside of the U.S. and becoming an important participant in Mexico’s market.

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09 December, 2012

Bloomberg reported that Mexico’s new President,Enrique Peña Nieto, has taken office amid a number of encouraging promises including the added security and growth of the nation. In his first move since taking office Dec. 1, the president and Mexico’s leading political parties have already signed a pact to increase competition in the telecommunications industry and to improve the nation’s educational system.

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15 November, 2012

According to a report by Bloomberg Businessweek, Mexico’s incoming President Enrique Peña Nieto “will be able to bring together members of his party and the opposition to pass laws opening up the oil industry to private investment.”  The report follows a statement to that effect made by Peña Nieto’s top economic advisor, Luis Videgaray.

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15 November, 2012

Investment in Mexico’s auto industry has been growing at a staggering rate over the last few years, with several recent announcements bringing additional attention to this thriving sector. Nissan, Hyundai, Volkswagen and India’s Tata Motors have all recognized the opportunity that is presented by production and manufacturing facilities located in Mexico, according to reports by Reuters and Bloomberg Businessweek.

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15 November, 2012

Much has already been written about the booming auto industry in Mexico over the last few months, but new reports by Bloomberg and the Wall Street Journal prove that this story is only beginning to unfold. According to Bloomberg, Mexico’s vehicle output is on track to reach a record number of more than 2.86 million units in 2012, and shows no signs of slowing down in the coming years.

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07 November, 2012

Annual infrastructure spending in Mexico will rise by at least 56 percent in the coming years, according to a report by Bloomberg Businessweek. The numbers are expected to exceed $70 billion, as the Mexican federal government continues to pour additional funding into improving the country’s roads, ports, water supply and energy production capabilities.

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21 October, 2012

Bloomberg Businessweek reported in mid-October that a U.S. Chamber of Commerce study of the world’s largest energy-consuming nations found Mexico to have the highest level of energy independence. According to the study, which reviewed data for 25 nations from 1980 to 2010,Mexico’s government-owned oil company PEMEX, or Petroleos Mexicanos, is one of the largest in the world, although the nation’s energy expenditures and carbon dioxide emissions remain relatively low.

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