Day

October 17, 2018

News: News and information for by PVDN

Bodies line popular Caleta Beach in Mexico
It’s a stunning resort town once frequented by the rich and famous, but these days it’s become the scene of unimaginable horror time and time again. The latest incident saw two men murdered on Caleta Beach in Mexico’s Acapulco region, but such scenes of bloodshed are becoming so mundane here that tourists barely batted an...
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Roku to resume sales in Mexico, following court ruling
Last year, Roku lost a legal battle in Mexico over piracy which resulted in a ban on sales of its devices in the country. Now, that ban has been lifted, the company says, following a favorable ruling from the 11th Collegiate Court in Mexico City. This will allow Roku to resume sales of its devices...
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Will NAFTA 2.0 Really Boost Mexican Wages?
NAFTA is no more. The North American Free Trade Agreement has a new name — the United States-Mexico-Canada Agreement, or USMCA — and its rules have been updated and revamped. For Mexico, there’s one rule in particular that gives workers hope higher wages are coming. It says that 40 percent of a car must be...
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Former president of Mexico criticizes Trump, praises NAFTA in NU speech
Northwestern University hosted the former president of Mexico Vicente Fox Tuesday evening for the 29th annual Leopold Lecture. Fox served as president of Mexico from 2000-2006. A member of the National Action Party, he ran on a platform geared toward economic reform and ending government corruption. His election ended the 71-year reign of the Institutional...
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Just two days before the United Kingdom ambassador, Duncan Taylor, leaves his post as diplomatic representative of the European country; he predicted that the next presidential term with Andrés Manuel López Obrador will continue to strengthen ties of friendship and investments in Mexico. “We can invest six thousand million pesos over the next four years...
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74.9% of Mexicans feel insecure in the place where they live. The cities where more than 90% of its inhabitants feel in greatest danger are Ecatepec, Villahermosa, Reynosa, Cancún, Fresnillo, and Tapachula, according to the National Survey of Urban Public Safety (ENSU), conducted by INEGI. The measurement, taken in the first half of September 2018,...
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vaquita
Experts want to enclose a small area of the Gulf of California where the critically endangered vaquita porpoise remains after they sighted about a half dozen of the elusive creatures in September. One was a mother with her second new calf in two years. Vaquitas usually only reproduce once every two years. Some researchers want...
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The United States can extend a longer line of credit to Mexico if the country faces a currency crisis, according to the terms of a new agreement signed on Wednesday that follows the two countries’ trade deal. Mexico can negotiate for up to $9 billion under a currency “swap line” with the U.S. Treasury Department,...
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This has been one of the most challenging years in the last decade for the domestic aviation industry. The industry has lost $1.6 billion pesos at an operating profit level in the first six months of the year. While Aeromexico has continued to deliver an operating profit, the Company has delivered a net loss so...
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The Mexican Supreme Court on Tuesday struck down a ban on cash fares for ride-hailing firms, setting a key precedent for Uber and other industry players seeking to reach millions of Mexicans without credit cards. By a vote of 8-3, the court ruled that a ban on cash fares in the small western state of...
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An ambush on two Federal Police patrols leading to confrontation occurred early Tuesday, which left three officers injured in addition to two others who did not require medical attention, according to information from the Federal Police department. At two o’clock in the morning, the assault was reported on the highway that leads from Guadalajara to...
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