{"id":9279,"date":"2022-03-02T16:42:39","date_gmt":"2022-03-02T16:42:39","guid":{"rendered":"https:\/\/asia-ibs.com\/v2\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/"},"modified":"2022-03-02T16:42:39","modified_gmt":"2022-03-02T16:42:39","slug":"how-will-the-russia-ukraine-conflict-impact-the-mexican-economy","status":"publish","type":"post","link":"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/","title":{"rendered":"How will the Russia-Ukraine conflict impact the Mexican economy?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">The conflict complicates the outlook for central banks, under even more pressure to raise interest rates.<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">After Russia launched military operations on Ukrainian territory, the impact of this conflict on Mexico could have several dimensions: on the one hand, the rise in oil prices would benefit Petr\u00f3leos Mexicanos (Pemex), but public finances would be hurt by gasoline subsidies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The director of economic studies at Citibanamex, Alberto G\u00f3mez Alcal\u00e1, noted that the economies of Russia and Ukraine are not large enough in terms of trade and financial flows to have a major repercussion, so the strongest impact would come from potential financial contagion.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-style-large is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cIt will depend on the duration of the conflict, which we hope does not escalate further; as always happens in these situations, there can be three main channels of impact: trade, financial contagion through risk aversion in the global portfolio, and the impact on <em>commodities<\/em>,\u201d he stated.<\/p><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">According to the specialist, in the first instance the price of gas is rising, as is the price of oil, so this is good news for Pemex in terms of crude exports.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, it is \u201cbad news for public finances because of the gasoline subsidy, and since there is a subsidy on gasoline prices, we feel the inflationary impact will tend to be smaller; it will be concentrated in short-term good news in revenue for Pemex and a larger burden on public finances due to the gasoline subsidy, with little impact on inflation and on Mexicans&#8217; pockets,\u201d said G\u00f3mez Alcal\u00e1.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He also commented that the war complicates the scenario for central banks, under even more pressure from the increase in benchmark interest rates and the role they must play over the coming months; but for now, the direct impacts will be concentrated in neighboring economies, and their global spread will depend on the duration of the conflict.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source: <a href=\"https:\/\/www.forbes.com.mx\/como-impactara-el-conflicto-entre-rusia-y-ucrania-a-la-economia-mexicana\/\">Forbes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The conflict complicates the outlook for central banks, under even more pressure to raise interest rates. After Russia launched military operations on Ukrainian territory, the impact of this conflict on Mexico could have several dimensions: on the one hand, the rise in oil prices would benefit Petr\u00f3leos Mexicanos (Pemex), but public finances would be hurt [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":8466,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[50,51],"tags":[],"class_list":["post-9279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economia","category-politica"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How will the Russia-Ukraine conflict impact the Mexican economy? - ASIA IBS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How will the Russia-Ukraine conflict impact the Mexican economy? - ASIA IBS\" \/>\n<meta property=\"og:description\" content=\"The conflict complicates the outlook for central banks, under even more pressure to raise interest rates. After Russia launched military operations on Ukrainian territory, the impact of this conflict on Mexico could have several dimensions: on the one hand, the rise in oil prices would benefit Petr\u00f3leos Mexicanos (Pemex), but public finances would be hurt [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"ASIA IBS\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-02T16:42:39+00:00\" \/>\n<meta name=\"author\" content=\"Pamela Rosas\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Pamela Rosas\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\\\/\"},\"author\":{\"name\":\"Pamela Rosas\",\"@id\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/#\\\/schema\\\/person\\\/b18c5d9bc4e625f5ea1a24a021b51b39\"},\"headline\":\"How will the Russia-Ukraine conflict impact the Mexican economy?\",\"datePublished\":\"2022-03-02T16:42:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\\\/\"},\"wordCount\":320,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/asia-ibs.com\\\/v2\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/mexico-billete-economia-768x432-1.jpeg\",\"articleSection\":[\"Econom\u00eda\",\"Pol\u00edtica\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/asia-ibs.com\\\/en\\\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\\\/\",\"url\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\\\/\",\"name\":\"How will the Russia-Ukraine conflict impact the Mexican economy? - ASIA IBS\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/asia-ibs.com\\\/v2\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/mexico-billete-economia-768x432-1.jpeg\",\"datePublished\":\"2022-03-02T16:42:39+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/#\\\/schema\\\/person\\\/b18c5d9bc4e625f5ea1a24a021b51b39\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/asia-ibs.com\\\/en\\\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\\\/#primaryimage\",\"url\":\"https:\\\/\\\/asia-ibs.com\\\/v2\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/mexico-billete-economia-768x432-1.jpeg\",\"contentUrl\":\"https:\\\/\\\/asia-ibs.com\\\/v2\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/mexico-billete-economia-768x432-1.jpeg\",\"width\":768,\"height\":432},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How will the Russia-Ukraine conflict impact the Mexican economy?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/\",\"name\":\"ASIA IBS\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/#\\\/schema\\\/person\\\/b18c5d9bc4e625f5ea1a24a021b51b39\",\"name\":\"Pamela Rosas\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3836423bb4dbe3f42a4170fe493790f86649262d1f860c30df9eb0b9da3bfdaa?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3836423bb4dbe3f42a4170fe493790f86649262d1f860c30df9eb0b9da3bfdaa?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3836423bb4dbe3f42a4170fe493790f86649262d1f860c30df9eb0b9da3bfdaa?s=96&d=mm&r=g\",\"caption\":\"Pamela Rosas\"},\"sameAs\":[\"https:\\\/\\\/asia-ibs.com\"],\"url\":\"https:\\\/\\\/asia-ibs.com\\\/en\\\/author\\\/pamela\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How will the Russia-Ukraine conflict impact the Mexican economy? - ASIA IBS","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/","og_locale":"en_US","og_type":"article","og_title":"How will the Russia-Ukraine conflict impact the Mexican economy? - ASIA IBS","og_description":"The conflict complicates the outlook for central banks, under even more pressure to raise interest rates. After Russia launched military operations on Ukrainian territory, the impact of this conflict on Mexico could have several dimensions: on the one hand, the rise in oil prices would benefit Petr\u00f3leos Mexicanos (Pemex), but public finances would be hurt [&hellip;]","og_url":"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/","og_site_name":"ASIA IBS","article_published_time":"2022-03-02T16:42:39+00:00","author":"Pamela Rosas","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Pamela Rosas","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/#article","isPartOf":{"@id":"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/"},"author":{"name":"Pamela Rosas","@id":"https:\/\/asia-ibs.com\/en\/#\/schema\/person\/b18c5d9bc4e625f5ea1a24a021b51b39"},"headline":"How will the Russia-Ukraine conflict impact the Mexican economy?","datePublished":"2022-03-02T16:42:39+00:00","mainEntityOfPage":{"@id":"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/"},"wordCount":320,"commentCount":0,"image":{"@id":"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/#primaryimage"},"thumbnailUrl":"https:\/\/asia-ibs.com\/v2\/wp-content\/uploads\/2022\/03\/mexico-billete-economia-768x432-1.jpeg","articleSection":["Econom\u00eda","Pol\u00edtica"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/","url":"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/","name":"How will the Russia-Ukraine conflict impact the Mexican economy? - ASIA IBS","isPartOf":{"@id":"https:\/\/asia-ibs.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/#primaryimage"},"image":{"@id":"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/#primaryimage"},"thumbnailUrl":"https:\/\/asia-ibs.com\/v2\/wp-content\/uploads\/2022\/03\/mexico-billete-economia-768x432-1.jpeg","datePublished":"2022-03-02T16:42:39+00:00","author":{"@id":"https:\/\/asia-ibs.com\/en\/#\/schema\/person\/b18c5d9bc4e625f5ea1a24a021b51b39"},"breadcrumb":{"@id":"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/#primaryimage","url":"https:\/\/asia-ibs.com\/v2\/wp-content\/uploads\/2022\/03\/mexico-billete-economia-768x432-1.jpeg","contentUrl":"https:\/\/asia-ibs.com\/v2\/wp-content\/uploads\/2022\/03\/mexico-billete-economia-768x432-1.jpeg","width":768,"height":432},{"@type":"BreadcrumbList","@id":"https:\/\/asia-ibs.com\/en\/how-will-the-russia-ukraine-conflict-impact-the-mexican-economy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"https:\/\/asia-ibs.com\/en\/"},{"@type":"ListItem","position":2,"name":"How will the Russia-Ukraine conflict impact the Mexican economy?"}]},{"@type":"WebSite","@id":"https:\/\/asia-ibs.com\/en\/#website","url":"https:\/\/asia-ibs.com\/en\/","name":"ASIA IBS","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/asia-ibs.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/asia-ibs.com\/en\/#\/schema\/person\/b18c5d9bc4e625f5ea1a24a021b51b39","name":"Pamela Rosas","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/3836423bb4dbe3f42a4170fe493790f86649262d1f860c30df9eb0b9da3bfdaa?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/3836423bb4dbe3f42a4170fe493790f86649262d1f860c30df9eb0b9da3bfdaa?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3836423bb4dbe3f42a4170fe493790f86649262d1f860c30df9eb0b9da3bfdaa?s=96&d=mm&r=g","caption":"Pamela Rosas"},"sameAs":["https:\/\/asia-ibs.com"],"url":"https:\/\/asia-ibs.com\/en\/author\/pamela\/"}]}},"_links":{"self":[{"href":"https:\/\/asia-ibs.com\/en\/wp-json\/wp\/v2\/posts\/9279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asia-ibs.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asia-ibs.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asia-ibs.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/asia-ibs.com\/en\/wp-json\/wp\/v2\/comments?post=9279"}],"version-history":[{"count":0,"href":"https:\/\/asia-ibs.com\/en\/wp-json\/wp\/v2\/posts\/9279\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asia-ibs.com\/en\/wp-json\/wp\/v2\/media\/8466"}],"wp:attachment":[{"href":"https:\/\/asia-ibs.com\/en\/wp-json\/wp\/v2\/media?parent=9279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asia-ibs.com\/en\/wp-json\/wp\/v2\/categories?post=9279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asia-ibs.com\/en\/wp-json\/wp\/v2\/tags?post=9279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}