Peso Falls After Global Market Crash
Experts signaled that a potential recession in the United States caused investors to sell off pesos in a “domino effect” away from assets deemed as risky
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Sheinbaum Adds Zaldívar to Presidential Cabinet
The former SCJN president will now serve as Sheinbaum’s Presidential Coordinator of Policy and Government beginning Oct. 1
Read moreEl Mayo Denied Bail in US Drug Trafficking Case
According to the presiding judge, “There are no conditions or combinations of conditions of release that would reasonably ensure the defendant’s appearance in court or the safety of the community”
Read moreEl Chapo’s Son Pleads Not Guilty, Denies Working with US
Joaquín Guzmán López turned himself – alongside the allegedly abducted Sinaloa Cartel crime boss Ismael “El Mayo” Zambada García – into the U.S. authorities in El Paso, Texas last Thursday
Read moreMexican GDP Slows in Second Quarter
Despite Mexico’s slowing GDP, the country has still experienced 11 consecutive quarters of economic growth.
Read moreAMLO Cites Segalmex Fraud as ‘Stain’ of Presidency
The 9.5 billion peso Segalmex embezzlement surpassed that of the controversial 7 billion peso “Master Fraud” case seen under AMLO’s predecessor President Enrique Piña Nieto
Read moreMexico May Reassess Trade Relationship with China
China reportedly sells Mexico $119 billion in goods annually while only purchasing $11 billion in return
Read moreSheinbaum Taps Three More Members to Presidential Cabinet
The new appointees join the 17 individuals Sheinbaum has already named to her presidential cabinet
Read moreMexico Leads Decline in Oil Production Globally
According to the IEA’s “Oil 2024, Analysis and Forecast to 2040” report, Pemex has only produced an average of 1.5 million barrels of oil per day since February 2024
Read moreAMLO Pushes for US Arms Sales Regulation from Trump and Biden
The Mexican federal executive requested that Biden and Trump sign a joint pact promising to address the country’s ongoing arms crisis no matter who wins the election in “an act of good faith in search of unity and peace”
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