Mexican economy: Stagnation and uncertainty

The Mexican economy has grown by zero percent in the second quarter of the year. 

President of the Mexico Business Forum, Roberto Salinas warns that investors are baffled by the uncertainty caused by the decisions of President Andres Manuel Lopez Obrador (AMLO). 

The expert believes that AMLO is making many mistakes and accuses him of not letting experts who know in depth the country's economic problems to advise him. 

Salinas warns that, in the absence of a strong political opposition, the president could remain in power and stop holding democratic elections. 

The president has recently been accused of silencing journalists critical of his administration. 

Brazil's economy grows against all odds

The Brazilian economy has improved well above expectations and dissipates the shadows of a possible economic recession. 

Brazil's Gross Domestic Product expanded by 0.4 percent in the second quarter of 2019, according to the Brazilian Institute of Geography and Statistics. 

Official data shows good performance of industry and investment, with manufacturing and construction being the sectors that contribute the most to this increase. 

The São Paulo Stock Exchange celebrates the result with a rise of 2.4 percent.

Brazil, under conservative President Jair Bolsonaro, is trying to recover from the economic collapse from 2015 to 2016, under the socialist regimes of Luis Ignacio Lula Da Silva and Dilma Rousseff.