News Article

62,594 Deaths, 579,914 Positive Cases

By Ricardo Guzman | Thu, 08/27/2020 - 21:15

The Ministry of Health reported 518 new deaths from COVID-19 in the last 24 hours, rising the death toll to 62,594. A further 6,026 infections since yesterday were confirmed, increasing the national total to 579,914 positive cases of which 41,786 are estimated active or with symptoms in the last 14 days.


During today’s briefing, National Institute of Public Health (INSP) head Juan Ángel Rivera stated that 14 percent of children under five years of age suffer from chronic malnutrition, while a third of this group suffers from anemia.


As of Thursday, August 27

6,026 new cases (as of yesterday)

579,914 confirmed cases nationwide

81,597 under investigation

62,594 deaths


Impact on Markets (19.30 hrs)

US Dollar              MX$22.10            (0.67%)

BMV IPC               37,647.194           (-0.28%)

Dow Jones          28,492.27             (0.57%)


200,000 Monthly New Jobs Are Needed

Mexico needs to create 200,000 jobs per month to recover what was lost during the COVID-19 pandemic, CONCAMIN reported. Members urged the federal administration to reach a national agreement to overcome the economic crisis and strengthen the national infrastructure plan. CONCAMIN head Francisco Cervantes highlighted the need to work to regain investors’ confidence.


AstraZeneca Vaccine Will Be Available in April

The first batch of the AstraZeneca COVID-19 vaccine will be available in April 2021 in Latin America at US$14 for governments of the region, Grupo Insud reported. “Production gives us the guarantee to have the vaccine quickly. It is likely that the first doses will be available in April,” said the group’s Founder Hugo Sigman.


Putin Announces Second Russian Vaccine

Russian President Vladimir Putin announced that a second COVID-19 vaccine is being developed by the Vektor Research Center in Novosibirsk and will be ready September this year. Putin highlighted that the Sputnik V vaccine, the first one globally announced, is in the process of being commercialized and that its safety and effectiveness are guaranteed.


LG Announces High Tech Mask

A new mask including filters, ventilators, sensor and even one with UV-LED lights to eradicate viruses was presented by the electronic giant LG. The masks feature two H13 HEPA filters used in home air purification products, two ventilators and one sensor that adjusts its speed to the user's breathing.


Hema Bets on E-Commerce

After adjusting its plans to open the first store in Mexico this summer, Hema announced it will start an e-commerce operation, CMO César Medina said to Milenio. Given health protocols, the Dutch retail chain decided to wait a little longer to open its stores and instead decided to focus on e-commerce supported by a 9,000m2 distribution center located in Toluca.


SRE Distributes Mexican Ventilators

Over 51 Mexican ventilators for COVID-19 critical patients will be distributed in 14 states in the next five days, the Ministry of Foreign Affairs (SRE) reported. Devices were designed and manufactured by a group of Mexican public and private entities funded by the Mexican Agency for International Cooperation and Development (AMEXCID).


Pandemic Boosts E-Commerce

Driven by the extended confinement and changes in consumer habits, e-commerce will grow 60 percent this year compared to 2019 figures, Ecomsur reported. According to Latin American firm, Mexico faces major challenges related to banking access, logistics, legislation and cybersecurity.


Ricardo Guzman Ricardo Guzman Editor