Mexican President Claudia Sheinbaum Friday expressed her disappointment after the credit rating agency Moody's lowered her country's grading from stable to negative citing an alleged institutional weakening. The newly elected head of state insisted more arguments or evidence were needed to back up that claim and denounced that there was a bias against Mexico. On Thursday, Moody's changed Mexico's credit outlook from stable to negative, due to a recent reform to the Judiciary.
The 62-year-old Claudia Sheinbaum became Mexico's first-ever woman president Tuesday after being sworn in on Tuesday. The former Mexico City Mayor thus succeeds her leftwing MoReNa (Movimiento de Regeneración Nacional) mentor Andrés Manuel López Obrador, who has announced he would be retiring from politics.
Mexican President Andrés Manuel López Obrador (AMLO) announced Thursday that he did not share his Brazilian colleague Luiz Inácio Lula da Silva's idea that Venezuela should hold fresh elections to get out of the current crisis.
After leaving at least three people dead in Jamaica, Beryl made landfall as a Category 2 Hurricane on the Saffir-Simpson scale Friday on the Mexican coast. It eventually downgraded to a tropical storm, although it continued to pose a serious risk with heavy storms and damaging waves, authorities warned residents. According to Mexico's National Water Commission (Conagua), Beryl winds reached 175 km/h with peaks of 220 km/h. Classes were suspended as of Thursday.
According to preliminary projections announced by Mexico's National Electoral Institute (INE) at around midnight Sunday local time, Claudia Sheinbaum of the ruling National Regeneration Movement (MoReNa) Party was poised to become the first woman president of the traditionally macho Latino country. The INE's calculations showed Sheinbaum would be garnering between 58.3% and 60.7% of the vote. Turnout was between 60% and 61.5%, it was also reported. Over 99.5 million Mexicans were registered to vote.
UK's ambassador to Mexico (and ex to Chile, 2009/2014) has been removed from his post after a video of him jokingly pointing at staff what appears to be a high-powered rifle circulated online, causing controversy.
The International Court of Justice (ICJ) in The Hague, The Netherlands, produced a ruling Thursday that was equally welcomed by both parties in the dispute between Ecuador and Mexico over the police raid at the Embassy in Quito to arrest former Vice President Jorge Glas, who had sought asylum to avoid incarceration after being convicted of corruption.
Ecuador's conservative government of President Danie Noboa Monday filed a case against Mexico before the International Cout of Justice (ICJ) in The Hague (The Netherlands) for granting asylum to a fugitive at the Embassy in Quito. Former Ecuadorean Vice President Jorge Glas, who had been sentenced to 8 years in jail for corruption, had sheltered at the mission until local authorities stormed it in disregard of all international conventions on diplomatic immunity and arrested him.
Only Brazil and Mexico would survive as world economic powers in Latin America by 2030, according to a study by PricewaterhouseCoopers (PwC) and Standard Chartered released last week. The two countries are expected to experience significant economic growth within the next six years.
A total of 22,320 bottles of mosquito repellent donated by Mexico arrived Monday in Argentina where the product has become increasingly scarce amid a soaring number of dengue fever cases, it was reported in Buenos Aires.