“NAFTA did not achieve it’s supporter’s promise of an increase in Mexico’s economic growth and development”, says Paul Krugman – a Princeton Professor and 2008 Nobel prize winner – at a conference in Mexico City. IF the US leaves NAFTA, the scenario that Krugman envisages would reduce the gross domestic product (GDP) of Mexico by 2%,
Most of violent stories of journalist in Mexico end up as dead ends… like Javier Valdez and Cecilio Pineda murdered despite having official bodyguards or the prosecution of journalist crime with no cases solved so far. But finally, justice is served! Karla Silva, a 27 year old journalist working for El Heraldo de Leon, a
Mexico’s Attorney General Raúl Cervantes has quit his post, saying he does not want to stand in the way of the approval in Congress of a reformed General Prosecutor’s Office (FGR). Mr Cervantes, a controversial figure has overseen the arrest of a string of former state governors on corruption charges. But he has failed to
Prime Minister Justin Trudeau’s visit to Mexico City today may include some uncomfortable moments, coming the day after a visit to Washington that included discussion about creating a new free trade deal without Mexico. During talks at the White House Wednesday, President Donald Trump suggested the possibility of replacing NAFTA with a new U.S.-Canada deal that would leave Mexico out
Carlos Slim Helu said Tuesday he is donating $110 million to recovery efforts after two earthquakes devastated parts of Mexico City and several states. In a press conference in Mexico City to announce the results of a four-week fundraising drive, Mexico’s richest person said that over 217,000 people contributed $21.1 million, amount which the Carlos
Former Mexican first lady Margarita Zavala, a leading contender to become president herself, said on Friday she was breaking with her party, deepening divisions in the opposition ahead of the 2018 presidential election. Zavala, wife of former President Felipe Calderon, announced her decision to leave the center-right National Action Party (PAN) in a recorded video
Suffering itself after two major earthquakes last month, Mexico plans to send aid including water and electricity experts to Puerto Rico, a U.S. territory reeling from the devastation of Hurricane Maria. The gesture, announced by the Mexican government on Wednesday, follows an awkward series of exchanges between Mexico and the United States over emergency aid
The US government has offered a $5 million reward for the capture of a Mexican drug trafficker who has kept a low profile while allegedly playing a major role in Sinaloa’s fragmented criminal landscape. The Federal Bureau of Investigation (FBI) and the US State Department announced on September 27 that a $5 million reward would be offered
Mexico City Mayor, Miguel Mancera, signed a decree for a Reconstruction Plan to support people who lost their homes during the September 19th earthquake. The Plan includes a platform database of the affected population and the most urgent needs, a initial package of social and economic support will be provided. A Board of reconstruction will
Under pressure from Canada and the U.S., Mexico appears willing to agree to enforceable labour standards to improve working conditions as the price for ensuring duty-free trade with its North American neighbours. Moises Kalach, the head of trade for the Mexican national business council that is in close consultation with Mexico’s negotiating team, told the
The Mexican online newspaper Animal Politico published the first part of a special report: The Master Fraud. This first installment is shocking because the research alleges that the Mexican Federal Government has diverted Billions of pesos through 11 official public institutions. Ironically the report describes the Duarte case as relatively minor compared with the modus operandi of the institutions involved. Animal Politico and
As its northern neighbor faces one of the worst storms in modern history, Mexico has offered support and condolences to Texas, while reiterating to President Donald Trump that the country will not be paying for his contentious border wall along the U.S.-Mexico border. In comments made Sunday, Mexican officials honed in on the tragedy currently
This year’s winner of the Peter Mackler Award goes to Marcos Vizcarra. The Peter Mackler Award honors reporters and editors who have demonstrated a commitment to fairness, accuracy and truth, and a matching commitment to asserting the right to publish or air stories in countries where independent media is under threat. He will be awarded the
Chevron expects to open its first fuel station in Mexico within the coming weeks, the US-based refiner announced on Thursday. The company said its subsidiary, Chevron Combustibles de Mexico, will work with local partners to participate in the importation, distribution and commercialisation of refined products throughout the country. Chevron noted that all of its Mexico
Mexican soccer star Rafael Marquez Alvarez and Julion Alvarez, the famous Banda singer are among 22 people sanctioned for alleged ties to a drug trafficking organization, the United States Treasury announced Wednesday. The Treasury said in a statement that it will also sanction 43 entities in Mexico, including a soccer team and casino. The sanctions
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