Mexiconews

THE MND PESO INDEX™ Tracking the exchange rate people actually experience MND Intelligence · Inaugural edition Welcome to the inaugural edition of the MND Peso Index™ , the latest addition to the MND Intelligence™ suite of data products from Mexico News Daily. The MND Peso Index™ joins the already-published inaugural editions of the MND Sheinbaum Index™ and the MND Expat Safety Perceptions Index™ . Each month, the MND Peso Index™ measures whether the Mexican peso is overvalued or undervalued against the US dollar by comparing the prices of 20 goods and services in Mexico and Dallas, Texas. Our headline finding for April 2026 suggests that the peso was overvalued by just under 3% against the dollar . Read on for the full MND Peso Index™ methodology, rationale and findings. What is the MND Peso Index™? The MND Peso Index™ is a monthly economic indicator developed by Mexico News Daily that measures whether the Mexican peso is overvalued or undervalued against the US dollar....

Mexican investment management company Mexico Infrastructure Partners (MIP Real Assets) is seeking to invest more than US $12 billion in various projects in Mexico, including renewable energy and highway projects. The Bloomberg news agency reported the plan on Tuesday and MIP Real Assets subsequently confirmed its proposed investment on LinkedIn . Bloomberg reported that MIP Real Assets is “working to raise money, including about $6 billion in equity and $6 billion in debt, for its five-year pipeline of projects.” It said that the company is “lining up investments from major institutional investors, sovereign wealth funds and Mexico’s pension funds.” MIP Real Assets confirmed on LinkedIn that it is planning to invest more than $12 billion in renewable energy, highways, digital infrastructure and midstream (oil and gas) projects. “At MIP Real Assets, we are deeply committed to Mexico’s long-term development through high-quality investments in energy an...

The National Oceanic and Atmospheric Administration (NOAA) has just updated its Sargassum Inundation Risk (SIR) tool to offer daily reports and more detailed tracking of sargassum influxes in the Caribbean, tropical Atlantic, and Gulf of Mexico.   Sargassum is a floating brown marine macroalga that, upon reaching the coast, begins to rot, releasing a foul smell that poses risks to humans and the environment. The risk of coastal sargassum arrivals on May 4, 2026, in the Gulf of Mexico. (NOAA) With the latest updates, NOAA is now able to provide daily reports with a resolution of half a mile (1 kilometer). Previously, these reports were issued on a weekly basis with a resolution of three miles (five kilometers).  Designed as a risk assessment system, the SIR is intended to optimize sargassum monitoring for public use with special focus on coastal authorities, hotels, tour operators and communities so that they can anticipate and organize cleanup efforts. “Our updated risk tool is ...

Pemex, Mexico’s heavily indebted state oil company, posted a loss of 45.99 billion pesos (US $2.6 billion) in the first quarter of 2026, the firm’s worst start to any year since 2020. The loss, reported by Pemex to the Mexican Stock Exchange last week, is 6.2% higher than the 43.3-billion-peso loss recorded in the first quarter of 2025. Pemex debt hits lowest level in over a decade at $84.5 billion Reuters reported that Pemex “failed to profit ​from a global oil price surge triggered by international ‌conflict,” namely the war in the Middle East. Mexican newspaper El Financiero reported that Pemex’s first quarter loss was the result of lower sales, higher depreciation of fixed assets, lower “other” income, higher costs related to derivative financial instruments and a foreign exchange loss. The Mexican Institute for Competitiveness, a Mexico City-based think tank, highlighted that Pemex recorded its largest first-quarter loss despite rece...

Long recognized as one of the fastest-sinking sites in the world, today’s Mexico City is sinking by nearly 10 inches (about 25 centimeters) a year, and has sunk by nearly 40 feet over the past century. This information comes from newly available satellite data released by NASA last week that was derived from the U.S.-India satellite project known as NISAR. NISAR uses advanced radar imaging — effectively a microscope in space — to measure changes in Earth’s land, ice, sea level rise and groundwater. This satellite image from NASA shows how its NISAR technology can identify areas of the Valley of Mexico with significant subsidence, such as those shown in blue here that sank by more than one centimeter per month between Oct. 25, 2025, and Jan. 17, 2026. (NASA/JPL-Caltech/David Bekaert) It has long been observed that Mexico City has been sinking (a 1995 study by the National Academies of Sciences, Engineering and Medicine found the city was sinking roughly two inches per year by t...

The northern state of Sinaloa has a new governor after Rubén Rocha Moya’s request for temporary leave was approved by state Congress, following the unsealing of a U.S. federal indictment charging him with drug trafficking and ties to the Sinaloa Cartel. Yeraldine Bonilla Valverde was sworn in as interim governor of Sinaloa on Saturday. Bonilla, a 33-year-old former state lawmaker, was serving as general secretary of the Sinaloa government before her appointment as interim governor. The unicameral Sinaloa Congress — dominated by the Morena party and its allies — approved her appointment after authorizing Rocha’s request  for “temporary leave for more than 30 days.” Bonilla is the first woman to serve as governor of Sinaloa. Rocha, who represented Morena as governor, announced his intention to step down on Friday night, two days after the unsealing of a U.S. indictment that accuses him and nine other current and former Sinaloa-based officials of drug traffickin...