Tag Archives: Mexico City

MEXICO CITY (AP) — Mexico’s president said Monday he will propose guaranteeing people pensions equal to their full salaries at the time they retire, something done by no other country, not even those much richer than Mexico. It was among a raft of 20 constitutional reforms that President Andrés Manuel López Obrador has almost no hope of getting passed in …

MEXICO CITY (AP) — The money that Mexican migrants send home to their relatives grew by 7.6% in 2023, to reach a record $63.3 billion for the year, Mexico’s central bank said Thursday. The money transfers, known as remittances, have been booming since the coronavirus pandemic, but the rate of growth continued to cool somewhat in 2023. In 2022, remittances …