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Mexico’s CFE Announces $75m Geothermal Investment Program

According to the 2023 Federal Expenditure Budget Project, the CFE's investment projects in clean and renewable energies favors geothermal energy, where it plans to invest 1.5 billion pesos in at least 9 investment projects. Meanwhile, only 16.7 million pesos will be invested in three solar and wind energy plants.

The Story of Mexico’s War of Independence is Fascinating

Mexico’s Independence Day is celebrated in the month of September, on the 16th (and the previous night.) Celebrating independence from Spain, it is the country's most patriotic holiday. The period in which Mexico became independent lasted 11 years (1810-1821), consisted of several phases, and was led by men of diverse ideologies.

Are U.S. Expats Driving Up Housing Prices in Mexico?

The UN Department of Economic and Social Affairs said Mexico is the number one destination for Americans planning to move abroad. By late 2021, there were 1.6 million living in Mexico. But some say that the growing number of US migrants to Mexico is pricing the native population out of the real estate market.

Commemorating Mexico’s Independence from Spain

In Mexico, September is 'El Mes de la Patria,' the month of the country, when Mexico celebrates its Independence from Spain on September 16th. In true Mexican style, Puerto Vallarta celebrates with plenty of festivities, activities and entertainment - all month long.

GAP: August Traffic Up 19.8% at 12 Mexican Airports

For August 2022, the number of passengers at GAP’s 12 Mexican airports increased by 19.8%, compared to the same period of 2019. Tijuana, Puerto Vallarta, Los Cabos and Guadalajara presented an increase in traffic of 43.2%, 37.3%, 29.6% and 6.3% respectively.

Remittances to Mexico Hit New Record High in July

Mexico notched up yet another record with remittances hitting almost US$5.3bn in July, up 16.5% over the same month in 2021. This marks the 3rd consecutive month that remittances reached a record amount, following highs recorded in May ($5.142bn) and June ($5.144bn).

Will Mexico End Daylight Savings Time on September 28?

On September 28, the Chamber of Deputies' Energy Commission will rule on President AMLO's proposal to eliminate Daylight Saving Time in Mexico. The head of the Energy Commission, Manuel Rodríguez, said the cancellation of the time change is practically a reality.

17-Year-Old Pilot Circles World Solo, Wins Guinness World Records

Mack Rutherford, the 17-year-old Belgian-British pilot who stopped in Puerto Vallarta on his solo flight around the world in an ultralight plane, landed on a runway west of Sophia, Bulgaria on Wednesday, completing his 5-month-long journey and claiming the two Guinness World Records he was attempting to win.

AMLO Celebrates Historic Foreign Investment in Mexico

At his Tuesday morning press conference, Mexican President Andrés Manuel López Obrador celebrated the "historic" foreign direct investment (FDI) of more than 27.5 million dollars that the country received in the first half of 2022, an increase of 49.2 percent compared to the same period in 2021.

International Tourism to Mexico Surpasses 2021 Levels

From January to May 2022, Mexico hosted approximately 25.4 million international visitors. According to the Datatur system from Mexico's Ministry of Tourism, foreign exchange revenue from international visitors during the five-month period was $11.416 billion, representing an increase of 95.6 percent over the same period in 2021.
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