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
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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
Mexico Is Shortening Tourist Stays, and Politics May Be Why
Reports from travelers and immigration attorneys are raising flags for anyone planning a trip to Mexico: airport officers are increasingly granting tourist permits for far fewer than the standard 180 days, and some say U.S.-Mexico tensions are feeding into that dynamic. Sonia Diaz, a licensed immigration attorney who practices in San Miguel de Allende, Puerto Vallarta, and … [Read more...] about Mexico Is Shortening Tourist Stays, and Politics May Be Why
Baby Left Alone in Rideshare, Father Flees on Motorcycle in Ecatepec
A 6-month-old baby was found abandoned in the back seat of a rideshare taxi in Ecatepec, State of Mexico, after the man believed to be the child's father slipped away on a motorcycle and disappeared into traffic, leaving the infant wet, dirty, and with only a backpack containing two bottles of alcohol and a baby bottle filled with spoiled atole. The driver, operating a … [Read more...] about Baby Left Alone in Rideshare, Father Flees on Motorcycle in Ecatepec