Tag Archives: Xinhua

At least 27 Dead in Tabasco, Chiapas Due to Flooding

XINHUA At least 27 people have died and thousands have been displaced or left homeless from severe flooding in the southern Mexican states of Chiapas and Tabasco as a result of unprecedented downpours in the region, top officials said on Monday, Nov. 9, 2020. “There was record rainfall,” said Mexican President Andrés Manuel López Obrador (AMLO) in his morning press

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AMLO Announces Additional Infrastructure Package

XINHUA Mexican President Andrés Manuel López Obrador (AMLO) announced Friday, Nov. 6, that his administration is about to unveil a second package of infrastructure projects, which includes the participation of the private sector. The president said that he will meet this week with the president of the Business Coordinating Council (CCE), Carlos Salazar Lomelí, and other business leaders to review

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UN Chief Calls for Better Protection of Journalists

XINHUA Just three days after the latest slaying of a news reporter in Mexico, UN Secretary-General António Guterres on Monday, Nov. 2, called for the protection of journalists on the occasion of the International Day to End Impunity for Crimes against Journalists. “When journalists are targeted, societies as a whole pay a price. If we do not protect journalists, our

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Mexico Facing Uneven Economic Recovery

XINHUA In the wake of the novel coronavirus pandemic, Mexico’s economic recovery has been “asymmetric,” with export-driven manufacturing bouncing back stronger than retail trade and services for the domestic market, the Mexican Institute of Finance Executives (IMEF) said on Monday, Nov. 2. The IMEF’s manufacturing indicator rose 3.2 points in October compared to the previous month, to reach 50.1, indicating

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Search Group Finds 59 Bodies in Hidden Graves in Guanajuato

XINHUA At least 59 bodies were found in hidden graves in the central Mexican state of Guanajuato, government authorities said Wednesday, Oct. 28. “The vast majority of the bodies, in which there is still some tissue or other sign, would appear to be young people, very young, possibly even teenagers,” Karla Quintana, the head of  Mexico’s National Search Commission (CNB), told

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Mexico City Mayor Tests Positive for Covid, Nationwide Cases Top 900,000

XINHUA Mexico City Mayor Claudia Sheinbaum has tested positive for covid-19 infection, she announced on Tuesday, Oct. 27. Sheinbaum wrote on Twitter that she was informed of the test result on the night of Monday, Oct. 26, and said that she would work remotely under medical supervision, although she added that she felt “well” and “strong.” In a videoconference, Sheinbaum

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Mexico Facing Slow Job Recovery

XINHUA Mexico is seeing a slow recovery in employment levels after the gradual reopening of businesses that were closed due to the novel coronavirus (covid-19) pandemic, the National Institute of Statistics and Geography (Inegi) reported on Wednesday, Oct. 22. Unemployment rates among Mexico’s Economically Active Population (EAP) fell to 5.1 percent in September, from the 5.2 percent that was recorded

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Fitch: Mexico’s Economic Rebound Losing Steam

XINHUA Mexico’s post-pandemic economic recovery is losing strength after rallying in June, the U.S.-based Fitch Ratings agency warned on Wednesday, Oct. 14. “The latest data for Mexico suggest that the pace of economic recovery is slowing after a sharp rebound in June,” the agency said in a brief commentary. While “robust incoming data” in June and July pointed to higher

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Mexico Asks World Bank, IMF to Help Middle-Income Countries

XINHUA Mexico called on the International Monetary Fund (IMF) and the World Bank on Thursday, Oct. 15, to establish a support strategy for middle-income countries, saying they have no financial wiggle room to tackle the economic fallout caused by the covid-19 pandemic. Countries such as Mexico, Peru, Colombia and Bulgaria cannot afford to take the kind of emergency financial measures

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