Tag: Mexico

Saturday, October 19th 2019 - 09:02 UTC
Who runs the country? Drug cartels outshoot Mexican military who back down on presidential orders

Mexico's President Andrés Manuel López Obrador struggled on Friday to explain his government's capitulation to organized crime after Mexican authorities buckled in the face of an armed campaign of terror and released drug kingpin Ovidio Guzmán López just hours after capturing him.
Friday, October 11th 2019 - 09:32 UTC
Asylum seeking migrants occupy bridge linking Matamoros with the US

Migrants seeking asylum in the United States who are camped in a dangerous Mexican border town occupied a bridge to Brownsville, Texas on Thursday, leading U.S. authorities to close the crossing, witnesses and authorities said.
Thursday, October 10th 2019 - 09:49 UTC
Mexico urged to implement labor reform to help speed ratification of the new North American free trade deal

The leader of a U.S. congressional delegation to Mexico said that Mexico must take more concrete steps to implement its labor reform, after a trip aimed at speeding up ratification of the new North American free trade deal.
Saturday, October 5th 2019 - 09:12 UTC
Mexico does not seek control of Zama, the country's major oilfield discovery in decades

Mexican President Andres Manuel Lopez Obrador said that his government is not seeking to take control of the Zama oilfield discovery, which is currently operated by a private consortium led by U.S.-based Talos Energy. The statement follows on a report from Reuters earlier in the week saying that Mexico’s national oil company, Pemex, wants to take control of Zama from Talos.
Tuesday, October 1st 2019 - 09:27 UTC
Mexican president jokes about his predecessor's luxurious Boeing Dreamliner: “not even Trump has one like it”

The luxury presidential plane that whisked Mexico’s former leader around the world but is now for sale should tempt Donald Trump to open his wallet, Mexican President Andres Manuel Lopez Obrador joked on Friday.
Sunday, September 22nd 2019 - 19:45 UTC
AMLO eyes referendum to legalise drugs in Mexico for medical purposes

Mexico's leftwing President Andrés Manuel López Obrador (AMLO) took a challenging stance towards traditional medicine and admitted a referendum about legalising some drugs for treatment purposes was likely.
Thursday, September 12th 2019 - 19:34 UTC
US Supreme Court rules in favor of Trump's asylum policy for immigrants at US/Mexico border

The US Supreme Court granted a request by President Donald Trump's administration to fully enforce a new rule that would curtail asylum applications by immigrants at the US-Mexico border, a key element of his hardline immigration policies.
Thursday, September 12th 2019 - 19:00 UTC
Mexico to apply sales tax on Netflix, Apple, Spotfy, Amazon Prime

A Mexican sales tax on foreign digital businesses providing audio or visual services could generate tax revenue of about 3.6 billion pesos (US$ 185 million) a year, a senior lawmaker in Mexico’s ruling party said on Tuesday.
Thursday, September 12th 2019 - 18:56 UTC
The Mexican Treasury to the rescue of debt-laden oil company Pemex

Mexico's US$5 billion rescue package to pay down debt at Pemex is a one-of-a-kind transaction that should give the struggling state oil company breathing space to focus on output and costs, Deputy Finance Minister Gabriel Yorio said.
Wednesday, September 11th 2019 - 09:29 UTC
Latin America's two largest economies begin talks on a free trade deal

Brazil and Mexico have begun talks on a free trade deal, officials announced seeking to deepen commercial ties between the two largest economies in Latin America as trade tensions threaten to undermine global growth.