The international assessment firm Moody’s has lowered the credit scores of eight of Mexico’s leading banks and the country’s state-owned electricity provider, the Federal Electricity Commission (CFE). For someone who does not follow financial ratings closely, a good way to understand this news is to think of a credit score for a country or a large company. A high score means … [Read more...] about Mexico Credit Downgrade Triggers Cascading Cuts for CFE and Major Banks
5 Indigenous Mexican Athletes Sweep Great Wall Marathon
Five Indigenous Mexican runners have returned home as heroes after a stunning performance at the 23rd Great Wall Marathon in China, sweeping the podium in multiple categories and shattering a long-standing record. The team, made up of three Rarámuri athletes—Sabina, Mario, and Antonio—alongside Mixtec runners Miriam and Balbina, secured two gold medals, two silver medals, … [Read more...] about 5 Indigenous Mexican Athletes Sweep Great Wall Marathon
Ancient Shaft Tombs Discovered Near Ancient Tula During Train Network Construction
A residential neighborhood from the height of the Teotihuacán civilization, complete with a collection of intricate shaft tombs and human remains near Tula, has been uncovered during salvage work for a new railway line in central Mexico. The find was made in the community of Ignacio Zaragoza, near the ancient Toltec capital of Tula in Hidalgo state, roughly 90 kilometers (50 … [Read more...] about Ancient Shaft Tombs Discovered Near Ancient Tula During Train Network Construction
New Evidence Shows Continuous Fallout from Cantarell Spill Contaminating Protected Reserves
For two months, the Mexican government maintained a steadfast narrative: the oil staining hundreds of miles of Gulf coastline was the result of an illegal ship dump and natural seabed seeps. But on April 16, that narrative collapsed. Federal authorities were forced to admit that a decaying 36-inch pipeline owned by state oil giant Pemex, located within the Cantarell … [Read more...] about New Evidence Shows Continuous Fallout from Cantarell Spill Contaminating Protected Reserves
Mexico’s Interoceanic Corridor Passes Crucial Test to Prove Its Viability as a Global Trade Route
In a significant milestone for international logistics, the first major shipment of vehicles has successfully traversed Mexico’s Interoceanic Corridor of the Isthmus of Tehuantepec (CIIT). A shipment of 900 Hyundai vehicles covered the 308-kilometer (approximately 191.4-mile) land crossing between the Pacific and Atlantic oceans in just nine hours by rail, marking a turning … [Read more...] about Mexico’s Interoceanic Corridor Passes Crucial Test to Prove Its Viability as a Global Trade Route