The Economist’s famous Big Mac index is often used to explain purchasing power parity across borders. But for Mexicans trying to understand what is happening to their own wallets, a different, more nostalgic indicator has emerged: the "Gansito Index." The Gansito, a small packaged sponge cake with strawberry jam and chocolate coating made by Marinela, is a staple of Mexican … [Read more...] about The Gansito Index: What a Simple Snack Reveals About Inflation in Mexico
Mexico’s EV for The People Faces Challenges Ahead of 2027 Launch
Olinia has not sold a single vehicle yet, but it has already set a huge goal. According to Bloomberg, the Mexico-backed company plans to show two prototypes in June. It wants to create a new category of mobility in Mexico and raise $200 million from private investors to start real manufacturing. Unlike other electric vehicle manufacturers, Olinia is focused on designing … [Read more...] about Mexico’s EV for The People Faces Challenges Ahead of 2027 Launch
Mexico Walks a Diplomatic Tightrope With the US by Sending Aid to a Collapsing Cuba
As Cuba’s energy grid falters and its economy buckles under the weight of a tightened United States embargo, Mexico finds itself in an increasingly awkward position. It is dispatching ships full of food and aid to its Caribbean neighbor while trying not to anger the White House, just as critical trade negotiations are set to resume. In late February, the Mexican government … [Read more...] about Mexico Walks a Diplomatic Tightrope With the US by Sending Aid to a Collapsing Cuba
Mexico Purchases New Aircraft as Part of Broader Military Modernization Push
The Mexican Navy has announced plans to integrate 36 new aircraft into its fleet as part of a broader strategy to bolster national security capabilities. The announcement came during the centennial celebration of Naval Aviation held at the Veracruz Naval Air Base. The acquisition plan includes transport aircraft, coastal surveillance helicopters, close-air-support units, and … [Read more...] about Mexico Purchases New Aircraft as Part of Broader Military Modernization Push
Angry Taxi Drivers in Mexico City Airport Create Chaos
Hundreds of taxi drivers blocked access to Mexico City's Benito Juárez International Airport this week, paralyzing circulation at both terminals in a dramatic protest against ride-hailing platforms they say are illegally stealing their livelihoods. The March 11 protest, organized by the airport's 11 authorized taxi unions, left passengers stranded on access roads, many of … [Read more...] about Angry Taxi Drivers in Mexico City Airport Create Chaos