US Secretary of State Rex Tillerson and Homeland Security Secretary John Kelly visited Mexico this week , where they met with the country’s president, Enrique Pea Nieto, and other senior officials. Mexicans’ ire with US President Donald Trump has been inflamed by his hardline stance on issues like immigration and border control, as well as by his administration’s inconsistencies on some of those policies.
Category: Mexico
This Is The State Of Gender Diversity On Boards Around The World
One particular problem the recent Snap IPO news brought to light yet again is how few women sit on the boards of directors of major public companies. This, in light of the fact that recent findings from MSCI ESG , a global research firm, indicate that companies with strong female representation on boards generated a Return on Equity of 10.1% per year versus 7.4% for those without.
5 Airlines Are Competing to Grow in Mexico City
Late last year, Delta Air Lines and Aeromexico agreed to divest up to 24 slot pairs at Mexico City’s highly congested airport as a condition of forming a joint venture in the U.S.-Mexico market. The U.S. Department of Transportation will allocate 14 of these Mexico City slot pairs to low-fare airlines this year.
5 Airlines Are Competing to Grow in Mexico City
Late last year, Delta Air Lines and Aeromexico agreed to divest up to 24 slot pairs at Mexico City’s highly congested airport as a condition of forming a joint venture in the U.S.-Mexico market. The U.S. Department of Transportation will allocate 14 of these Mexico City slot pairs to low-fare airlines this year.
The Scoop on 5 Popular Expat Destinations
The quality of life in Mexico, Panama, Belize, Nicaragua and Portugal can be exceptional, but the cost of living is often much lower than in other countries. Americans and Canadians move abroad for many reasons, including the weather, lower costs, better lifestyle, and for Americans still working, the Foreign Earned Income Exclusion .
Back-to-back shootings spark new concern about simmering narco…
Just a day after a multi-homicide shooting marred a music festival in Playa del Carmen, the state prosecutor’s office in nearby Cancun was attacked by gunmen, leaving four dead. The attack has added to a sense of alarm in an area that has long been the heart of Mexico’s tourism industry, and the violence hints at the criminal presence in the region.
`Shut Down Twitter’ Cry Goes Out Among Exasperated Peso Traders
There’s a strange idea circulating among Mexican currency traders. Well, more of a joke really.
‘It wasn’t random’: The FBI is offering $20,000 for…
A US consular official was shot while driving out of a parking garage in Guadalajara, Mexico, on Friday a little after 6 p.m. local time. Christopher Ashcraft, 31, a foreign-service officer on his first posting with the US State Department, was struck on the upper right side of his chest but is in stable condition, according to Mexican authorities.
Univision wins FCC waiver to allow its Mexican partner, Televisa, to increase ownership stake
The Federal Communications Commission has approved a measure that relaxes foreign ownership rules to enable Grupo Televisa of Mexico to claim a larger stake of the U.S. Spanish-language broadcasting giant Univision Communications. Univision’s chairman, Haim Saban, has been lobbying the FCC for the waiver for more than three years.
Scuttled Ford plant has Mexico fearing more under Trump
A man walks past a nearly deserted construction site, as workers shut down operations and remove equipment on Wednesday, a day after Ford announced the cancellation of plans to build a $1.6 billion auto manufacturing plant on the site in Villa de Reyes, outside San Luis Potosi, Mexico. Ford Motor Company’s cancellation of plans to build a $1.6 billion US auto manufacturing plant in San Luis Potosi has sounded alarms throughout Mexico.
Mexico’s peso weakens after Ford says cancelling Mexican plant
Mexico’s peso slipped on Tuesday after Ford said it will cancel a planned $1.6 billion factory in Mexico’s central state of San Luis Potosi.
3 men decapitated, 2 more slain in Acapulco over New Year’s
A taxi driver lies dead in his car after being shot shortly before midnight in a busy street in Acapulco early Sunday, Jan. 1, 2017. At least five people were killed over the New Year’s weekend in the Mexican resort city of Acapulco, including three men found decapitated in a central neighborhood.
Mexico’s Minimum Wage Set to Rise Nearly 10%
Mexico’s minimum wage will rise almost 10% on Sunday, in a jolt to the system meant to stoke the poorest workers’ buying power, which has been eroded by recessions and past bouts of high inflation. But the prospect of higher earnings is doing little to dent pessimism among consumers, who head into 2017 facing rising fuel costs, higher interest rates and a weakening peso that closed 2016 near record lows against the U.S. dollar.
Delta Air Lines, Inc. and Aeromexico Join Forces
This will enable them to coordinate their efforts in the transborder market. Delta and Aeromexico are going ahead with the joint venture even though U.S. regulators are forcing them to divest up to 28 airport slot pairs in New York and Mexico City.