Tag: Mexico

Friday, November 6th 2015 - 08:40 UTC

Monsanto GM seeds blocked from two Mexican states; consultation with local communities mandatory

“Indigenous peoples and communities in the country are entitled to be consulted in cases where impacts could be significant,” the court said in a statement

Monsanto, the world's largest seed company, has been blocked from planting genetically modified soy seeds in the southern Mexican states of Campeche and Yucatan after the country's Supreme Court granted an injunction against the country’s agriculture ministry, teleSur reported.

Thursday, November 5th 2015 - 07:02 UTC

Mexico ready to purchase Guyana rice following Venezuela's refusal to renew exchange accord

PM Moses Nagamootoo office said Mexico’s Agriculture Minister Jose Calzada had given assurances he would fast track arrangements to buy Guyana’s paddy.

The Guyana government says Mexico has indicated a willingness to fast track an agreement to purchase paddy rice from the Caribbean country. A statement released by the Office of Prime Minister Moses Nagamootoo said that Mexico’s Agriculture Minister Jose Calzada has given the assurance that he would fast track arrangements to buy Guyana’s paddy.

Tuesday, October 6th 2015 - 07:40 UTC

Latin America forecasted to contract 0.3% this year and 0.7% growth in 2016

Growth projections indicate that economies with a growing level of trade integration with China, will register the biggest deceleration.

The United Nations Economic Commission for Latin America and the Caribbean, ECLAC, forecasted a downward trend in the region’s economic activity for 2015 to -0.3% from 0.5%, and estimates that for 2016 growth will be close to 0.7%.

Tuesday, September 22nd 2015 - 07:15 UTC

Which lawmakers from the Pacific Alliance are paid the most?

In Colombia they make more than 40 times the country’s minimum wage of $205, a disparity which has long caused frustration among Colombians

Of all four Pacific Alliance countries, Colombia spends most on its congressional representatives, despite the South American country’s low wages. According to a report published on Monday by economic newspaper La Republica, the state pays Colombia’s congressmen a total of nearly $2.1 million per month in salaries, almost double the total of Chile, whose congressmen have the highest individual salaries, but in total cost the state $1.2 million per month.

Tuesday, September 1st 2015 - 23:52 UTC

Mexico announces postponement of deep-water oil exploration auction

Coldwell said the government will change rules that scared off potential bidders earlier last month, when it only managed to auction only 2 of 14 blocks

Mexico, which has started to open its nationalized oil industry to additional private investment, will postpone auctions for deep-water oil exploration and production contracts and adjust the terms of upcoming tenders after an inaugural oil auction failed to meet the government's modest expectations.

Tuesday, July 14th 2015 - 06:37 UTC

Mexico is offering 3.8 million dollars reward for the capture of drug lord “Chapo Guzmán”

It has emerged that Guzman fled despite wearing a monitoring bracelet and being subject to 24-hour surveillance.

Mexico is offering a reward of 60 million pesos ($3.8m) for the capture of the country's most-wanted drug lord, who escaped from a top security prison. A huge manhunt is underway for Joaquin Guzman, who got out of his cell on Saturday through a 1.5km-long tunnel.

Monday, June 8th 2015 - 08:13 UTC

Mexico' industrial hub of Monterrey en route to give the political system a big shock

Independent Jaime Rodriguez, known as “El Bronco,” had at least a 6-point lead in the race in Nuevo Leon state, according to exit polls by TV Azteca

Mexico's ruling party has lost seats in congress but may still gain a majority from its coalition with the small but growing Green Party that was everywhere during the campaign, according to official voting trends released late Sunday by the electoral institute.

Tuesday, June 2nd 2015 - 05:39 UTC

Jacobson nominated as new ambassador to Mexico, announced the White House

Jacobson will replace Anthony Wayne, who has been the U.S. envoy since 2011, if she is confirmed by the Senate

U.S. President Barack Obama on Monday announced his intention to nominate Roberta Jacobson, the assistant secretary of state for Latin America and the chief U.S. negotiator at the talks to resume diplomatic relations with Cuba, as the new ambassador to Mexico, the White House announced in a communiqué.

Monday, May 25th 2015 - 07:21 UTC

Mexico compensates China for cancelling high-speed rail contract

The deal was called off over controversy in the bidding process. Mexico re-launched the bid earlier this year, but that was cancelled for a second time.

Mexico will compensate China Railway Construction Corporation (CRCC) $1.31m for cancelling a $3.75bn high-speed rail contract. CRCC was at the head of a consortium that had won the project last year, which was abruptly revoked shortly after being awarded.

Tuesday, March 17th 2015 - 07:07 UTC

Mexican star journalist sacked for revealing origin of First Lady’s mansion

Aristegui's investigative team revealed last year that President Pena Nieto's wife, former soap opera star Angelica Rivera, had bought a mansion from a government contractor.

An influential Mexican broadcast journalist whose report about the first lady's mansion caused a scandal was sacked on Sunday, sparking anger among supporters who called her firing an affront to freedom of speech. Carmen Aristegui had been publicly feuding with her employer, MVS Radio, in recent days after two of her investigative reporters were fired by the company.


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