Mexican economy contracted 0.2% in Q3. According to INEGI, the Mexican economy contracted 0.2 percent during Q3 2019 while in the previous quarter registered zero growth. A GDP contraction was confirmed during July, August and September, the economy’s first negative result since the 2009 crisis. Economía mexicana se contrajo 0.2% en el tercer trimestre del 2019

Grupo México to enter fuel storage market. With an investment of US$230million, Grupo México, in partnership with Valero, announced the construction of two fuel storage terminals. The mining group said that the terminals will be in Nuevo León and Jalisco. Entrará Grupo México a almacenar combustible

Cancun sees international tourism decline. In October, Cancun International Airport registered its fourth consecutive month of declining international tourists arrivals. For the first time, the airport saw no growth in total foreign passengers between January and October of this year. Cancún liga cuatro meses a la baja en turismo internacional

IDEAL signs alliance to create Fibra E for Roads. The Mexican infrastructure company, Impulsora del Desarrollo y el Empleo en América Latina (IDEAL), is set to create a Highway Energy and Infrastructure Investment Trust (Fibra E) along with Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers' Pension Plan funds (Ontario Teachers'). IDEAL se alía para crear un Fibra E carretero

Sources of electricity supply under risk. The electricity supply to meet Mexican industrial demand will soon be exhausted as a result of the cancellations of the electricity auctions and changes to the Clean Energy Certificates (CELs), warned Andrea Marín director of Energy by Five. Peligran fuentes de abasto eléctrico