Edition:
United States

Mexico

Mexico considers new laws on investor security if NAFTA dies: minister

Photo

WASHINGTON Mexico is examining ways to create new laws that would give investors security over their investments if the NAFTA collapses, Mexico's economy minister said on Tuesday.

Mexico tech industry benefits from U.S. anti-immigration stance

SAN FRANCISCO/MEXICO CITY Amazon, Facebook and other U.S. tech companies are expanding operations south of the border as Mexico works to capitalize on the Trump administration’s anti-immigration stance.

7:14am EDT

Mexico finance minister says NAFTA uncertainty hitting peso

MEXICO CITY Mexico's Finance Minister Jose Antonio Meade said on Monday that the peso's recent depreciation reflects uncertainty about the NAFTA renegotiation process and questions about how quickly the U.S. Federal Reserve will normalize rates.

Oct 16 2017

Mexico attorney general resigns amid debate on new top prosecutor

MEXICO CITY Mexico's Attorney General Raul Cervantes said on Monday that he presented President Enrique Pena Nieto with his resignation, as an intense political debate brews over the implementation of a new, autonomous anti-corruption system to replace his office.

Oct 16 2017

Oil no longer leaking from pipe after spill in Gulf Of Mexico: LLOG

LLOG Exploration Offshore said on Monday oil was no longer escaping from a jumper pipeline operated by the company that was fractured, causing a spill into the Gulf of Mexico on Friday.

Oct 16 2017

Carstens sees only short-term impact on Mexico if NAFTA ends

The end of the North American Free Trade Agreement (NAFTA) would be negative for Mexico, but would create a short-lived downturn, the country's outgoing central bank chief said on Saturday.

Oct 14 2017

Magnitude 5.4 quake rumbles southern Mexico, no reports of damage

MEXICO CITY A 5.4 magnitude quake struck southern Mexico on Friday, according to the U.S. Geological Survey, but there were no immediate reports of damage.

Oct 13 2017

Canada's Trudeau calls treatment of women in Mexico 'unacceptable'

MEXICO CITY Canada's Prime Minister Justin Trudeau on Friday urged Mexican lawmakers to improve women's rights, delivering a sharp rebuke to a key trading partner that has struggled to curb years of femicide, drug violence and rights abuses.

Oct 13 2017

Mexico wants NAFTA consensus despite tension: finance minister

WASHINGTON Mexican Finance Minister Jose Antonio Meade said on Friday that Mexico's peso was reacting with volatility to "tension" in NAFTA talks, but Mexico wanted to reach a consensus to modernize the trade pact to benefit all three member countries.

Oct 13 2017

Mexico disasters should not cause major economic impact: Banxico

MEXICO CITY Mexico is likely to see lower than expected growth in the short term following a string of natural disasters but its economy should rebound in a similar proportion to the dip, a Mexican central bank official said on Friday.

Oct 13 2017

Mexico says NAFTA would survive with Canada even without U.S

MEXICO CITY Mexico would keep trading with Canada under the North American Free Trade Agreement (NAFTA) even if the United States opts to abandon the pact, Mexico's economy minister said on Friday, as a fourth round of talks proceeded near Washington.

Oct 13 2017

Canada, Mexico vow to stick with NAFTA talks, Mexico works on Plan B

MEXICO CITY The leaders of Mexico and Canada on Thursday pledged to work toward a renegotiation of the North American Free Trade Agreement (NAFTA) even as talks taking place in the United States turned sour due to hard-line U.S. demands.

Oct 13 2017

Mexico central bank signals 'prudent' policy amid NAFTA risks

MEXICO CITY Mexico's central bank is likely to maintain a prudent monetary policy stance due to "adverse scenarios" in Mexican-U.S. ties, which could heighten risks for economic growth and the peso, most of the bank's board members said in minutes published on Thursday.

Oct 12 2017

Business leaders say no NAFTA better than bad deal

MEXICO CITY Business leaders attending a U.S.-Mexico CEO conference said on Wednesday that no North American Free Trade Agreement would be better than a bad deal, as industry braces for the end of a treaty that drives $1 trillion in annual trade.

Oct 12 2017

At least 13 killed during prison fight in northern Mexico

MONTERREY, Mexico At least 13 people were killed when a fight broke out in a prison in the northern Mexican state of Nuevo Leon and security troops were sent in to quell the violence, a state security official said on Tuesday.

Oct 11 2017

Mexican mogul Slim donates $105 million to earthquake recovery efforts

MEXICO CITY Mexican mogul Carlos Slim's foundation will donate more than $105 million (1.978 billion pesos) to help the country recover from two large earthquakes in September, Slim announced on Tuesday.

Oct 10 2017

Mexico to receive $150 million from catastrophe bond after quake

MEXICO CITY Mexico's will receive a pay out of $150 million from a catastrophe bond after a Sept. 7 quake met parameters for magnitude, location and depth, the finance ministry said in a statement on Tuesday.

Oct 10 2017

Mexico will only remain in NAFTA if good for national interest: foreign minister

MEXICO CITY Mexico will only remain within the North American Free Trade Agreement if the renegotiated treaty is good for the country, Foreign Minister Luis Videgaray said on Tuesday, as trade negotiators gathered in Washington for talks.

Oct 10 2017

Mexico quake leaves thousands stranded without a home

SAN JUAN PILCAYA, Mexico Rubble is all that remains of hundreds of houses rent asunder by the earthquake that struck Mexico in September, leaving owners lodging with relatives or friends, hoping their homes can be rebuilt or they can find new ones. http://reut.rs/2yUFmHr

Oct 10 2017

U.S. content in Mexican autos higher than argued: Mexico lobby

MEXICO CITY Mexico's main automotive industry group said on Monday U.S. content in vehicles made south of the border is far higher than Trump administration officials have argued, as Mexican auto output and exports posted robust growth in September.

Oct 09 2017
Photo

Islamic State defeated in its Syrian capital Raqqa

RAQQA, Syria U.S.-backed militias in Syria declared victory over Islamic State in its capital Raqqa on Tuesday, raising flags over the last jihadist footholds after a four-month battle. | Video