Tag Archives: capital

Mexico City’s Metro Line 1 to Close

PULSE NEWS MEXICO Mexico City’s 19-kilometer-long Metro Line 1, which runs from Observatorio to Pantitlán, will be closed as of Saturday, July 9, for at least a year, in order to allow for repairs and modernizations, the capital government announced Monday, June 27. The renovation of the line, which transports between 500,000 and 900,000 passengers a day and which connects

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Under Sheinbaum, Homicides Surge in Mexico City

By KELIN DILLON While the national figures of Mexico’s enduring homicide problem have made headlines across the week of May 23, the spotlight has now been transfixed at the local level as new data reveals that the Mexico City government has broken homicide records underneath the administration of Mayor Claudia Sheinbaum. Though Sheinbaum has made a recent show of Mexico

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Mexico Facing Reduced Consumption, Less Investment

XINHUA Mexico is facing the risk of weaker domestic consumption and investment as the growth rate of global economic activity moderates, the country’s main financial authorities warned Wednesday, March 30. The Financial System Stability Council (CESF) said in a statement that global inflation continued on an upward trend, driven mainly by high food and energy prices. “In this environment, global

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Mayoral Protest in Mexico City Turns Violent

By KELIN DILLON Eight elected borough mayors from Union of Mayors of Mexico City (UNE-CDMX), all of which come from parties opposing current head of Mexico City Claudia Sheinbaum’s own leftist National Regeneration Movement (Morena), were beaten and attacked by city police after they approached the capital’s local congress on the morning of Monday, Aug. 30. Mayor-elect of Álvaro Obregón

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Mexico Ranks Second Worldwide in Capital Flight

By THE PULSE NEWS MEXICO STAFF Mexico placed as the country with the second-highest rate of capital flight in February, according to a report released earlier this week by the U.S. Treasury Department. In total, $11.531 billion in government bonds and corporate securities left the country in February, the Treasury Department said. Only Brazil registered a higher rate of capital

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