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Alejandro Díaz de León Picked to Lead Bank of Mexico

Alejandro Díaz de León Picked to Lead Bank of Mexico

Mexico’s President has named Alejandro Diaz de Leon as the new governor of the country’s central bank. Diaz de Leon is currently Deputy Governor of the Bank of Mexico and has held a variety of jobs in finance, government and academia. He holds a degree in economics from the Autonomous Technological Institute of Mexico and

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Mexico Finance Minister launches presidential run

Mexico Finance Minister launches presidential run

Mexican Finance Minister Jose Antonio Meade resigned Monday to run for president, with what many pundits see as the best chance to beat the current front-runner, the leftist firebrand Andres Manuel Lopez Obrador. Meade announced he would seek the nomination of the ruling Institutional Revolutionary Party (PRI), which is desperately looking to hold onto power

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Agua Azul waterfalls dry up after quakes

Agua Azul waterfalls dry up after quakes

The Agua Azul waterfalls in southern Mexico are a playground of bright turquoise water cascading over limestone steps. But after a powerful earthquake hit the country, they dried up – and the area’s once-booming tourist economy along with them. The state of Chiapas, where the falls trickle near the ancient Mayan ruins of Palenque, was

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Canadian gold mine killings jolt NAFTA talks

Canadian gold mine killings jolt NAFTA talks

The fatal shooting of two workers in an apparent clash between unions at a Canadian-owned mine in Mexico angered labor activists at NAFTA talks on Monday who said the violence was an example of poor labor conditions in the country. Gunmen shot the two workers on Saturday at a blockade mounted as part of a

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Deported veterans protest in Ciudad Juarez on US Veterans Day

Deported veterans protest in Ciudad Juarez on US Veterans Day

Despite being deported from the United States, a group of veterans celebrated Veteran’s Day in Ciudad Juarez with a protest in proximity of the Free Bridge. There were a dozen people led by Ivan Ocon, who was deported a year and a half ago, after serving in the US Army for seven years. Ivan commented

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DEA identifies a new cartel as a growing threat

DEA identifies a new cartel as a growing threat

The US DEA issued the 2017 National Threat Drug Assessment and as part of the report they said: Mexican Transnational Criminal Organization (“TCOs”) remain the greatest criminal drug threat to the United States; no other group is currently positioned to challenge them. These TCOs maintain territorial influence over large regions in Mexico used for the

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Economist Krugman says: NAFTA wasn’t great for Mexico

Economist Krugman says: NAFTA wasn’t great for Mexico

“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%,

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Journalist’s tough path to find justice

Journalist’s tough path to find justice

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

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Mexico’s scandal-tainted Attorney General quits

Mexico’s scandal-tainted Attorney General quits

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

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Trudeau heads to Mexico after blunt talk about alternatives to NAFTA

Trudeau heads to Mexico after blunt talk about alternatives to NAFTA

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

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Billionaire Carlos Slim’s Company to benefit from Post-Earthquake rebuilding of Mexico City

Billionaire Carlos Slim’s Company to benefit from Post-Earthquake rebuilding of Mexico City

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

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Mexico ex-first lady leaves opposition party for presidency bid

Mexico ex-first lady leaves opposition party for presidency bid

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

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Mexico plans aid for Puerto Rico after Hurricane Maria

Mexico plans aid for Puerto Rico after Hurricane Maria

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

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US offers $5 Million reward for the other ‘Chapo’

US offers $5 Million reward for the other ‘Chapo’

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

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Mexico City’s Reconstruction Plan

Mexico City’s Reconstruction Plan

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

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