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.
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.
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.
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%.