Mexico

MEXICO’S ELECTION: IT’S THE ECONOMY STUPID

by Mark Weisbrot

5 July 2012

While some have noticed that the economy has played a role in the election, almost no commentators seem to appreciate the depth of Mexico’s economic failure. More

NAFTA’S SERFS: FROM WAGE SLAVERY TO DEBT SLAVERY

by Kent Paterson

17 June 2009

The growing indebtedness of Mexican credit card users has actually created a new opportunity for the shadowy, high-interest lender. To pay off high-interest credit cards, some debtors look again to the agiotistas. Meanwhile, delinquency rates on U.S. credit card accounts topped 5% at the end of the last year, with default rates continuing to climb upward during the first few months of 2009. More

IMF APPROVES U$S 47 BILLION NEW CREDIT TO MEXICO, BUT THE FOCUS IS PLACED IN EASTERN EUROPE.

by News Agencies

20 April 2009

Mexico is the first nation to be granted the IMF credit under its newly created ’flexible credit line’ (FCL) available to strongly performing economies with fewer strings attached, to tide over the worst economic crisis in over 60 years. More