A Mexican state could approve medicinal use of marijuana by the end of this year, paving the way for further steps toward legalizing the drug, former Mexican President Vicente Fox said on Monday. Political pressure inside Mexico to liberalize its stance on marijuana has been rising since the U.S. states of Washington and Colorado legalized...Read More
In southern Mexican state of Chiapas, twelve freight trains used by Central American illegal immigrants heading for the United States have been derailed in the past three months, costing twelve lives and many serious injuries. The trains, known to the immigrants as the Beast, trundle along the length of Mexico, from Guatemala to the United...Read More
Italian actress Sophia Loren has been named a “Distinguished Visitor” of Mexico City by Mayor Miguel Angel Mancera, who gave her the Las Alas de la Ciudad de Mexico (Wings of Mexico City) sculpture in recognition of her career, life and work. Mancera presented the certificate and sculpture to the star, who celebrated her 80th...Read More
Mexico’s government on Wednesday unveiled the winning design for a new, futuristic, spider-shaped airport for the capital that will ease delays and boost capacity at a cost of 120 billion pesos ($9.17 billion) in public and private funding. British architect Norman Foster and Fernando Romero, a son-in-law of Mexican tycoon Carlos Slim, showcased their winning,...Read More
Foreigners visiting Mexico on a tourist visa can obtain the refund of tax* that has been retained in the acquisition of merchandise, in commerce established in our country, whenever the following requirements are met: 1. That your return is by air or sea. 2. That you have the fiscal receipts of your purchases. 3. That...Read More
Many Americans think they should stay away from investing in the emerging markets for fear they are too risky. However, proper diversification is one of the key tenants to reducing long-term risk in one’s investment portfolio. And the more established emerging markets have made it to “investment grade.” Take Mexico as an example. Many investors...Read More
