José Luis Vargas - Today’s Data Will Not Be Enough Tomorrow

AIFA submitted a substantial budget increase request for the upcoming fiscal year. Workers at GM and Stellantis went on strike, demanding a 46% salary increase and Lukoil, a Russian oil company, started looking for business opportunities in the Mexican market. This and more. Watch Now!

José Luis Vargas, Executive Vice President and General Manager, Provenir, discusses the advantages of cloud-native technology, quick access to data for decision-making and the transparency and value of drag-and-drop in fintech.

Last week, Claudia Sheinbaum became MORENA's presidential candidate, marking the first time two women will lead Mexico's presidential race. Xóchitl Gálvez will lead the effort to topple MORENA and also aims to revive the Mining Fund. Elsewhere, the Supreme Court decriminalizes federal abortion laws and CFE invites electricity industry companies to help ensure a reliable energy supply. This and more. Watch now!

Jesús Salas, Co-Founder and CEO, CodersLink, talks about the most in-demand skills in the IT industry, the impact of remote work on leadership and the differences in the technical talent scene between the US and Mexico.

Last week, the National Hydrocarbons Commission approves Woodside and PEMEX’s plan to develop the Trion ultra-deepwater field in the Gulf of Mexico. Fitch Ratings maintains its 'BBB-' credit rating and stable outlook for CFE. Experts explore creating the Lithium Producing and Exporting Countries Organization and challenges in Mexico's lithium sector. This and more. Watch now!

Last week, Total Energies' Mexican subsidiary gained CNH approval for an ambitious hydrocarbon exploration project in Mexico. Meanwhile, CEMEX reported 36% of clean energy use in its production in 2022 and experts speculated that Mexico might not get the 4% growth projected for the country this year as the economy appears on track to slow down by the second half of 2023. This and more. Watch now!

Last week, data showed outstanding growth for the heavy-vehicle segment in Mexico this year. CNA warned that climate change has put food security at risk and the country experienced a 41% increase in foreign direct investment during the first half of 2023. This and more. Watch now!

Last week,  President  López Obrador proposed the creation of a national stockpile of medication to solve the shortage of drugs in the country. Meanwhile, Nuevo Leon Gov. Samuel García traveled to India to attract investment to the state and Banxico proposed regulatory adjustments to enhance the security of digital payment systems. This and more. Watch now!

Last week, Mercado Libre reported a 26% surge in online sales of new cars in 1H23. CFE's marketing branch calls for natural gas distribution in the Yucatan Peninsula. US Department of Transportation postpones review of Allegiant Air and VivaAerobus joint venture. This and more. Watch now!

Last week, Legal resolution suspended the Energy Regulatory Commission’s pandemic agreement on natural gas and Clean Energy Certificates. Moody's keeps PEMEX's B1 rating but changes outlook to negative, citing credit risks. The Mexican government achieves historical tax collection from the automotive industry in 2022. This and more. Watch now!

Last week, the Ministry of Tourism said it expects a US$46 billion boost to Mexico's economy from tourists in 2023. World Economic Forum data shows 900% growth in deepfakes enabled by generative AI between 2019 and 2020. Vehicle production rose 16.2% in June 2023, led by Audi and Honda. This and more. Watch now!

Last week, President Andrés Manuel López Obrador confirmed the government will acquire the brand Mexicana de Aviación. Meanwhile, the World Health Organization has sent a team of experts to Mexico to investigate a meningitis outbreak and provide technical assistance and Mexico Pacific announced it signed an agreement with China’s Zhejiang Energy to sell liquified natural gas from a Mexican plant in the northwest of the country. This and more. Watch now!