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US Raising Concerns Over Mexico Energy Policies

MEXICO
  • * U.S. Are Raising Concerns On Mexico Energy Policies (BBG)
    • "So with respect to the energy policies that we see being discussed and envisioned by the Lopez Obrador administration, we're watching very closely," U.S. Trade Representative Katherine Tai says.
    • "I would echo Minister Ng's earlier comment that we are raising our concerns," Tai says.
  • * Banxico Governor Expects Mexico Recovery to Speed Up in Coming Quarters: (BBG)
    • In a presentation, the Governor noted the pandemic subsiding and positive effects of U.S. stimulus.
    • While pandemic risks remain, it has gradually eased in Mexico; this, along with progress in the vaccine campaign, has allowed economic restrictions to be relaxed.
    • Uncertainty around inflation and volatility due to global long-term interest rates could have consequences on capital flows toward emerging markets.
    • Monetary policy makers will continue toward objective of orderly relative price adjustments and convergence of inflation toward 3% target.
  • * Mexico Finance Minister Arturo Herrera ruled out another shutdown of the economy as Covid-19 cases in the country have begun to rise, El Financiero reports.
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