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Last updateFri, 22 Nov 2024 1pm

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Across the board spending cuts in draft federal budget

The 2025 federal budget projects economic growth of two-to-three percent next year (although studies by non-governmental analysts have put the expectation at one percent) and a deficit reduction of 3.9 percent of GDP, driven by decreased spending in key ministries such as defense (the worst affected with a 50-percent cut in funding), energy, security, tourism, culture, the environment and others.

Revolution Day

Although November 20 is the original date of Dia de Revolución, Monday, November 18 is the official national holiday this year.

Sow trees & peace, not wars, Sheinbaum urges G20 leaders

In a departure from her predecessor and mentor, Andrés Manuel López Obrador (AMLO), who mostly avoided international travel (he took seven trips abroad during his six-year term, two of them to the United States), Mexico’s newly elected president, Claudia Sheinbaum, underscored her commitment to engaging on the global stage, this week delivering a prominent speech at the G20 Leaders’ Summit in Rio de Janeiro.