Iberia (IAG) reaches code-sharing agreement with Viva Aerobus; it will allow them to coordinate frequencies, mutually contribute clients

Intermoney | Last week, Iberia (IAG) and Viva Aerobus announced a code-sharing agreement for passengers travelling between Mexico and Spain. On the one hand, Iberia’s passengers who use the Madrid-Ciudad de México route will be able to take advantage of the network which Via Aerobus offers from that city. Meanwhile, on the other hand, those passengers who want to transfer to Madrid via Iberia will be able to connect with…

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Mexico | Mixed Picture In August Job Creation

The Mexican Institute of Social Security (IMSS) reported that 92.4 thousand formal jobs were created in August, equivalent to 8.3% of the 1.1 million jobs lost from March to July. The weak recovery in employment could not stop the deterioration of the labor market in a generalized way.


Mexico: ten-year, €18bn investment opportunity for EU Utilities

LONDON| By UBS analysts | Mexico is the eleventh largest country in the world by population. Yet, when it comes to energy infrastructure and consumption per capita, it ranks poorly especially compared to developed, western regions. The energy policy recently introduced provides a major capex opportunity: about €100bn over the coming ten years. Estimates for EU utilities reach investments of €18bn, which would allow for a potential net income increase of €1.1bn. In this context, most of the companies eyeing the region are from Southern Europe, with Enel and Iberdrola remaining as the sector top picks.

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Mexico: When The Car Industry Is An All-In

MEXICO CITY | By David Brunat | It’s crystal clear: the automotive industry is going to drive the Mexican economy soon, says the country’s Automotive Industry Association AMIA, who predicts that in 5 years they will be producing 4 million units -and replace Japan as the second-largest exporter of cars to the United States.

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Mexico: Is it Really Money What Michoacan Needs?

MEXICO CITY | By David Brunat | Mexican government is ready to invest more than $3bn in Michoacan state, which has been rampaged by extortion and assassination in the last years. It has been the raise in arms by civil self-defense forces the fact that has driven Federal authorities to search for a solution. But is it money the recipe to tackle violence? 


In Mexico, Drug Cartels Strangle Small Companies and Steal Up to 15% of GDP

MEXICO CITY | By David Brunat | Mexico is broadly considered as one of the most promising emerging markets. A member of the so-called MIST countries (Mexico, Indonesia, South Korea and Turkey), a group of economies that are soon to equal the BRICS’ influence, according to Goldman Sachs. However, Mexico still has to face several internal threats if it wants to fulfil the forecasts. Along with high-scale corruption, the North American country must solve the huge problem that crime gangs pose to economic development.



Mexico must cut oil dependency

BARCELONA | By CaixaBank research team | In order to be effective, pending reforms in Mexico should make public revenue less dependent on oil, such as by eliminating income tax deductions.


BBVA wants to avoid surprises in Latin America

MADRID | BBVA Chairman Francisco González wants to eliminate all risks in Latin America and avoid the unpleasant situations his Spanish peers Repsol, REE, Iberdrola, Abertis or Aena had to put up with in the continent.