Financial

mexico economy

Mexico’s economy leading way in Latin America

Economy experts say that while the rest of Latin America takes a hard hit, Mexico is managing to come out on top. While they admit that the country’s economy isn’t surging, they do say it is…


mexican peso bank of mexico

Bank of Mexico: peso hit lowest level ever

According to the Bank of Mexico, the Mexican peso has hit its lowest level ever against the US dollar. Trading averages 16.52 on the interbank market. According to MetAnalisis consultant Gerardo Copca , the decline,…



mexican peso

Mexican peso hits all time low against US dollar

Mexico’s annual inflation rate took a tumble last month, hitting a record low. The tumble was the result of  seasonal electricity subsidies and a sluggish economy. Even with the new low, the central bank is…




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Verizon set to buy AOL in a $4.4 billion deal

In a deal valued at $4.4 billion, Verizon Communications has said they will buy AOL Inc. The deal will allow Verizon to gain access to AOL’s digital advertising content and service. The offer, which is…