Mexico will inject $3.6 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix. Falling oil output, corruption and high labor costs have contributed to the decline of the company that was once...Read More
Mexico’s most notorious drug lord, Joaquin “El Chapo” Guzman, was convicted Tuesday of running an industrial-scale smuggling operation after a three-month trial packed with Hollywood-style tales of grisly killings, political payoffs, cocaine hidden in jalapeno cans, jewel-encrusted guns and a naked escape with his mistress through a tunnel. Guzman faced a drumbeat of drug-trafficking and...Read More
An American anarchist who went by the name John Galton was shot dead at his home in the Mexican resort of Acapulco, sending shivers through a tightknit anti-establishment community of expatriates that organizes events in the violence-torn retreat with seminars on topics such as how to make money via cryptocurrencies. A woman describing herself as...Read More
A strong earthquake jolted southern Mexico on Friday, rattling nerves and swaying tall buildings hundreds of miles away in the capital, but there were no reports of serious damage, injuries or deaths. The U.S. Geological Survey reported that the quake had a magnitude of 6.6. It was centered about 10 miles (16 kilometers) from the...Read More
The 1st Puerto Vallarta-Riviera Nayarit Open Water series was created to generate sports tourism. This four-stage competition will be held on four different dates in Bahía de Banderas and is open to swimmers around the nation. The event is organized by the ADD Life Deporte & Cultura civil association and has the support of the...Read More
The Popocatepetl volcano outside Mexico City has spewed glowing rock and dumped a dusting of ash over nearby towns. Mexico’s national disaster prevention agency says the volcano east of the capital sent a column of ash 2 miles (3 kilometers) into the air. Incandescent rocks landed more than a mile (2 kilometers) down the volcano’s...Read More
Mexico is frequently the focus of negative imagery in the U.S. media, often causing Americans to warn their friends to rethink their travel there, on social media and other communications platforms. The U.S. embassy in Mexico City, early in 2018, issued a brief travel warning for Playa del Carmen, following a February blast on a...Read More
Victims of domestic abuse in Mexico City will be given panic alarms as part of government efforts to combat growing rates of violence against women in a country where on average more than seven women are killed by men every day. Authorities aim to hand out key rings with a global positioning system (GPS) tracking...Read More
Forensic experts attempted to separate and count charred heaps of corpses in central Mexico on Saturday after a massive fireball erupted at an illegal pipeline tap, killing at least 66 people. More than 85 other people on Saturday were listed as missing as relatives of the deceased and onlookers gathered around the scene of carnage....Read More
Fuel thieves in Mexico have grown so bold they are drilling illegal taps under warehouses in big cities and siphoning off the entire contents of pipelines, Mexico’s president said Wednesday. President Andres Manuel Lopez Obrador said that at one pipeline carrying gasoline, thieves didn’t just skim off part of the flow — they drilled so...Read More
The latest caravan of Honduran migrants hoping to reach the U.S. has crossed peacefully into Guatemala, under the watchful eyes of about 200 Guatemalan police and soldiers. About 500 people, including dozens of children, lined up to show their documents to a first line of unarmed security personnel at the Agua Caliente border crossing Tuesday...Read More
Mexican President Andres Manuel Lopez Obrador has ordered helicopters and 4,000 troops to guard the nation’s pipelines and fuel depots in an offensive against massive fuel theft. The helicopters are watching for organized gangs that drill illegal taps into underground ducts carrying gasoline and diesel. Long lines continued at gas stations in Mexico City and...Read More
According to the National Air Transportation Board (Canaero) and the Association of Pilots of Aviators of Mexico, airports have been affected since Sunday, and private airlines have reported the delay of two flights. This is due to the intermittent delivery of turbosine through pipes, the fuel that used to arrive more immediately via the pipelines...Read More
Last year, the Metropolitan Area of Guadalajara had more days of atmospheric pollution at a high level than Mexico City (CDMX). In the Jalisco city, 16 days were recorded with very poor air quality; that is, with more than 150 points of the Metropolitan Index of Air Quality ( Imeca ), while in CDMX only...Read More
Mexico’s main stock index closed out its worst quarter in over 17 years on Monday, dragged down by doubts about how the new leftist government will manage the economy as well as concerns over global growth and trade. The S&P/BMV IPC stock index .MXX lost 15.89 percent in the fourth quarter, its steepest drop for...Read More
