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  • Remittances to Mexico hit new record

    7/3/18
    Remittances to Mexico spiked in May to US$3.10bn with an increase of 19.8% compared to May 2017, according to central bank data. The figure is the highest seen since the central bank began collecting data in 1995 and it also beat...

  • Pemex, union reach salary agreement

    6/26/18
    Mexican NOC Pemex signed an agreement with the powerful Pemex workers union, headed by Carlos Romero Deschamps, for a 3.42% wage hike as part of a yearly salary review. This is in addition to a 3.12% raise negotiated by the union in...

  • General strike costs Argentina US$1bn

    6/25/18
    Many localities across Argentina, including capital Buenos Aires, ground to a halt on Monday due to a union-organized general strike. The nation's capital woke to streets empty of buses and taxis with all train stations, subway...