August 2017

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Pablo Soria de Lachica – On Mexico’s Improving Business Confidence

The Mexican economy has been weathering significant fluctuations over the last several years. A great deal of financial uncertainty in the country followed the election of United States presidential elections in late 2016, contributing to a downturn that carried over into 2017. However, it now appears the nation’s economic climate is on the rebound for the long term. International businessman and foreign exchange expert Pablo Soria de Lachica highlights the factors behind the upward swing, and discusses the improving Business Confidence of the Mexican economy, which includes the retaining of current trade agreements, corporate investments, and lowering inflation rates.   The first quarter of 2017 signaled a decline for Mexico monetarily, with Business Confidence hitting a low mark of 43.53 in February — a stark contrast to September of 2016 when it reached 48.30. Since then, positive overtones from the…

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Pablo Soria de Lachica – Discusses Ways Mexico is Set-Up for Innovation

With the 13th largest economy in the world (11th in terms of purchasing power and 10th most populous), Mexico sits abreast of the largest and most competitive international economic markets of our times. In 2017, the Mexican economy defied lackluster predictions for financial health by posting above average GDP growth, demonstrating resilience in the face of unpopular and aggressive foreign policy tactics from the US Trump Administration to the North. While much of this success was linked to trade—Mexico holds 11 free trade agreements with 46 countries with a total value of imports/exports estimated around 73 percent of Gross Domestic Product, market analyst Pablo Soria de Lachica explains that structural reforms by the current administration have led to a freer private sector, open to dynamic business formations characterized by innovation and technology-driven enterprises. The Mexican government has steadily increased expenditures…