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Mexico

Mexico

Mexican Government to Loan Farmers Over $3 Billion

Mexican Government to Loan Farmers Over $3 Billion

Mexico's government plans to provide farmers with 44 billion pesos ($3.35 billion) in loans this year on preferential terms, President Enrique Peña Nieto said. continue reading »

Mexican Congress Urges Gov’t to Cancel Mine Concession After Toxic Spill

Mexican Congress Urges Gov’t to Cancel Mine Concession After Toxic Spill

Mexico's Congress has urged the federal government to cancel Grupo Mexico's concession for a large copper mine in the northwestern state of Sonora after acid spilled into two rivers. continue reading »

Mexico’s Economy Grows 1.7 Percent in First Half of 2014

Mexico’s Economy Grows 1.7 Percent in First Half of 2014

Mexico's gross domestic product (GDP) grew 1.7 percent in the first half of this year, compared to the same period in 2013, the National Statistics Institute, or INEGI, said Thursday. continue reading »

Group Shows Bicycles Are Best Way to Get Around Mexico City

Group Shows Bicycles Are Best Way to Get Around Mexico City

Thirty-five riders participated in Desafio Modal 2014, an event organized to show that bicycles are the best mode of transportation in Mexico City. continue reading »

Mexico’s Foreign Reserves Up by $48 Million

Mexico’s Foreign Reserves Up by $48 Million

Mexico's foreign reserves increased by $48 million last week to $190.55 billion, the Bank of Mexico said. Gold and foreign currency reserves increased in the week ending Aug. 15 mainly due to a rise in the value of the central bank's foreign assets. continue reading »

Blog del Narco:  Photos Show Michoacan Mayor’s Meeting with Cartel Members

Blog del Narco:  Photos Show Michoacan Mayor’s Meeting with Cartel Members

A Mexican news agency has posted photos on its Web site showing the mayors of Patzcuaro and Huetamo, two cities in the western state of Michoacan, meeting with Caballeros Templarios drug cartel boss Servando Gomez. continue reading »

Investors to Bid on Power Projects in Mexico Valued at $4.9 Billion

Investors to Bid on Power Projects in Mexico Valued at $4.9 Billion

Investors can now bid on 16 power projects expected to draw about $4.9 billion in investment, the Mexican Federal Electricity Commission, or CFE, said. continue reading »

Blog del Narco: Kidnappings in Valle de Bravo not Cartel Related but Random

Blog del Narco: Kidnappings in Valle de Bravo not Cartel Related but Random

The National Safety Commission notes that kidnappings in the town of Valle de Bravo, have not been organized by Los Zetas or La Familia Michoacana, two of the drug cartels operating in the region. According to analysis, the modus operandi of the kidnappers indicates that typically there is no prior planning or monitoring of victims to determine continue reading »

Mexico’s PEMEX Looks to Foreign Alliances

Mexico’s PEMEX Looks to Foreign Alliances

State-owned oil giant Petroleos Mexicanos, or Pemex, has had contacts with about 80 foreign energy companies about possible oil exploration and production partnerships, media reports said. continue reading »

Mexican Businesses Agree to Reopen After Protests, Looting

Mexican Businesses Agree to Reopen After Protests, Looting

Shopkeepers, gasoline station owners and hoteliers have reached an agreement with officials in the southern Mexican state of Oaxaca to reopen their businesses, which were closed following protests by teachers that ended with vandalism and looting. continue reading »

Mexican Police Arrest Man Suspected of 18 Homicides

Mexican Police Arrest Man Suspected of 18 Homicides

Police have arrested a man suspected of involvement in at least 18 homicides, the top prosecutor in the central state of Mexico said. continue reading »

4 Children Rescued From Mexico Shelter Allegedly Committed Suicide

4 Children Rescued From Mexico Shelter Allegedly Committed Suicide

The Mexican agency attending to children who were rescued last month from a squalid shelter in the western state of Michoacan called on prosecutors to investigate reports that four of the minors committed suicide in recent weeks. continue reading »

3 Killed, 5 Wounded During Home Invasion Outside of Mexico City

3 Killed, 5 Wounded During Home Invasion Outside of Mexico City

Three members of a family were killed and five others wounded Friday when gunmen burst into a home in the capital suburb of Ecatepec and started shooting, Mexican authorities said. continue reading »

Mexican Authorities Find Bodies of 5 Kidnapped Men

Mexican Authorities Find Bodies of 5 Kidnapped Men

Five young men kidnapped last weekend in the western Mexican state of Sinaloa were found slain in the northern state of Durango, authorities said Friday. continue reading »

Blog del Narco: Narco Violence Returns to Tijuana

Blog del Narco: Narco Violence Returns to Tijuana

Violence again surfacing in the border city of Tijuana where in the first seven months of the year there have been 302 crimes, most of them related to disputes between rival groups for control of drug dealing. continue reading »