President Claudia Sheinbaum used her Monday morning news conference to tell the public to stop watching a major television network. Asked about a group that has been posting banners around Mexico City accusing government officials of ties to drug cartels, Sheinbaum pointed the finger at TV Azteca owner Ricardo Salinas Pliego and offered a blunt recommendation: change the … [Read more...] about Sheinbaum Tells Mexicans to Stop Watching TV Azteca
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Cartels Are Forcing Corner Stores to Run Slot Machines
Walk into a corner store in parts of Michoacán, Guerrero, or Tamaulipas, and you might spot something unexpected next to the candy rack: a blinking slot machine. Chances are, the owner didn't put it there by choice. Criminal organizations across at least 10 Mexican states are forcing small shop owners — corner stores, bakeries, stationery shops, taco stands — to accept and … [Read more...] about Cartels Are Forcing Corner Stores to Run Slot Machines
Mexico Credit Downgrade Triggers Cascading Cuts for CFE and Major Banks
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
Mexico’s Air Traffic Controllers Threaten Strike Weeks Before World Cup Kickoff
Mexico's air traffic controllers have filed a formal strike notice against the federal government, citing what they describe as unsustainable working conditions — and the timing could not be more fraught. With the FIFA World Cup opening match set for June 11 in Mexico City, the nation's airports are about to face the highest passenger volumes in years. The Sindicato Nacional … [Read more...] about Mexico’s Air Traffic Controllers Threaten Strike Weeks Before World Cup Kickoff
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