Banco Santander has announced plans to invest 15 billion pesos ($735 million) in Mexico over the next three years despite market uncertainty as U.S. President-elect Donald Trump’s inauguration draws nearer.
Mexican President Enrique Peña Nieto is well aware of his country's need to take a new approach at bilateral relations with the United States under the coming Republican presidency of Donald Trump. “We’re at the stage of prioritizing dialogue as the path through which we may able to establish a new agenda for bilateral relations,” Peña Nieto said in Lima at the Asia-Pacific Economic Cooperation (APEC) summit.
Central Bank governor and finance ministry are in the process of adjusting their economic policy should the Republican candidate be elected. Mexican Central Bank governor Agustín Carstens, notorious for having stated that a victory for Donald Trump would hit his country like a hurricane, admitted Thursday he is readying a contingency plan for an “adverse” election result in the United States' presidential elections.
U.S. Treasury Secretary Jacob Lew will urge his counterparts in Argentina, Brazil, Colombia and Mexico to press ahead with economic and fiscal reforms aimed at restoring or strengthening growth, a senior Treasury official said on Friday. Lew will be visiting the four largest Latin American economies this week beginning with Argentina on Monday, recognizing efforts by President Mauricio Macri to reintegrate Argentina into the global economy.
The former president of Costa Rica, Laura Chinchilla, will head the first Electoral Observation Mission that the OAS will deploy to the United States and that will observe the upcoming November 8 elections.
Argentina and Mexico agree on the need to reach absolute integration and free trade, as part of the closer bilateral relations confirmed with the visit to Buenos Aires of Mexican head of state Enrique Peña Nieto.
United States, Canada and Mexico on Wednesday in Ottawa held their first summit after years of aloofness and held themselves up as an example against growing protectionist tendencies around the world.
The first visit in ten years to Mexico by a British Foreign Secretary is intended to reaffirm the close and growing relationship between the UK and Mexico. The talks follow the successful State Visit to the UK by President Peña Nieto in March 2015 and each country using 2015 to celebrate the other’s contributions in arts, culture and innovation.
United States turned into a net natural gas exporter for a week after the first liquefied natural gas export from Cheniere Energy Inc's Sabine Pass terminal in Louisiana left for Brazil. The United States however is not expected to become a net exporter of gas on an annual basis until 2017 after more pipelines to Mexico and LNG export terminals enter service, according to federal energy estimates.
Mexican authorities recaptured drug lord Joaquin “El Chapo” Guzman in a bloody raid on Friday. “Mission Accomplished,” President Enrique Peña Nieto announced via Twitter. “We have him” in reference to the recapture of one of the world's most notorious and slippery criminals.