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☆ Kidnapped in Mexico: I Am One of the Missing Who Survived - The New York Times
▼ + stars: | 2024-05-08 | by ( Manuel Bayo Gisbert | ) www.nytimes.com time to read: +11 min

Scroll In June 2020 I was kidnapped by armed men and heldfor ransom. Photographs and text by Manuel Bayo Gisbert I was kidnapped by armed menand held for ransom. In Mexico we say that when you see or experience something painful it can make us sick with horror. I turned to the families of the missing people of Mexico. In Mexico, We Harvest Pain and DeathOn Aug. 19, 2023, three years after I was kidnapped, my uncle Fernando Bayo was taken by four armed men in Acapulco.

Persons: Manuel Bayo Gisbert, Manuel Bayo, Ivonne’s, Hilda, Cheli’s, Rafael, Miguel Ángel, Justina’s, Abelardo, Lucio Cabañas, Cirino, “, ”, Práxedes Giner Durán, Álvarez, Juárez, —, Felipe Calderón, Calderón's, she’s, …, Pachuca … It’s, Andrés Manuel López Obrador, López Obrador, Fernando Bayo Organizations: Mexico City, Mexican Army, Mexican, …, Pachuca …, National, Brigade, Residents, Inter, American, Human, Signals, National Search Brigade Locations: Leer, español, Mexico, Parres, Chilpancingo, Guerrero, El Conchero, El Ticuí, Ciudad Madera, Chihuahua, Atoyac, Ciudad Juarez, Texas, …, Pachuca, Veracruz, of Mexico, Ayotzinapa, U.S, Yecapixtla, Acapulco, Tihuatlán, Santiago, Mexico City

☆ US and China are buying into Mexico’s manufacturing moment
▼ + stars: | 2024-04-28 | by ( John Towfighi | ) edition.cnn.com time to read: +9 min

CNN —As US supply chains decouple from China, Mexico’s manufacturing sector is emerging as a winner. Ramos said Mexico and China have been competing for the US manufacturing market for years, but amid a shifting US-China relationship, Mexico looks poised to pull ahead. Those exports were driven by manufacturing, which comprises 40% of Mexico’s economy, according to Morgan Stanley. Meanwhile, Chinese exports to the US were down 20% in 2023, compared to 2022. Analysts at Morgan Stanley see the value of Mexico’s exports to the United States growing from $455 billion to about $609 billion in the next five years.

Persons: That’s, nearshoring, Alberto Ramos, Goldman Sachs, Ramos, Morgan Stanley, Katherine Tai, CNN’s Julia Chatterley, Tai, United States Jose Luis Gonzalez, Xeneta, Peter Sand, Jose Enrique Sevilla, John Raines, Goldman’s Ramos, Biden, Raquel Buenrostro, —, Joe Biden, Donald Trump, Trump, ”, Global’s, Raines, Christoffer Enemaerke, “, Tesla, Elon Musk, Julio Cesar Aguilar, BYD doesn’t, RBC’s Enemaerke, Michael Nam Organizations: CNN, Manufacturing, Commerce Department, US Trade, General Motors, Ford, Reuters, Shipping, Container Trade, Xeneta, Moody’s Analytics, P Global Market Intelligence, steelworkers, “, Global’s Sevilla, Macip, RBC, Getty, BYD, ” Sevilla, Monterrey Locations: China, Mexico, Canada, North America, US, Ciudad Juarez, United States, Pittsburgh, Mexican, Monterrey, ”, Nuevo Leon, Asia

☆ Immigration is 'taking pressure off' the job market and U.S. economy, expert says
▼ + stars: | 2024-03-02 | by ( Greg Iacurci | ) www.cnbc.com time to read: +10 min

Mark Zandi, chief economist at Moody's Analytics, said the increase in foreign-born workers is "taking pressure off the economy." The growth in foreign-born workers comes amid a contentious immigration policy debate in the U.S. Immigrants' share of the labor force has increased since 1996, when the Bureau of Labor Statistics began collecting such data. A growing population and labor force are key components of a healthy economy and the nation's ability to pay its bills, economists said. In other words, the economy is both absorbing immigrants and generating job opportunities for U.S.-born workers, the institute said.

Persons: Mark Zandi, it's, Alejandro Mayorkas, John Moore, Muzaffar Chishti, Jack Malde, Qian Weizhong, Steven Camarota, Camarota, Paul Ratje, Eric Thayer, Malde, EPI, Zandi, There's, Luis Alvarez Organizations: U.S . Bureau of Labor Statistics, Moody's, Republicans, U.S, Department of Homeland, U.S . Border Patrol, U.S . Department of Homeland, Getty, Migration Policy Institute, CNBC, Foreign, U.S . Immigrants, Bureau of Labor Statistics, Pew Research Center, Social Security, Congressional, Office, Center, Immigration, . Border Patrol, Getty Images, Federal Reserve Bank of San, Center for Immigration Studies, Afp, Bloomberg, Economic Policy Institute, National Academies of Sciences, Engineering, Medicine, Digitalvision Locations: U.S, Mexico, Eagle Pass , Texas, San Diego , California, Federal Reserve Bank of San Francisco, Paso, Ciudad Juarez , Mexico, Los Angeles

☆ Opinion | Desperate Migrants Seeking a New Life
▼ + stars: | 2024-02-06 | by ( ) www.nytimes.com time to read: +1 min

An investigation by The El Paso Times found that migrant deaths surged at the El Paso border in fiscal year 2023 to the highest level on record. Despite this — because of the urgency of their needs — migrants still come. It deported 20 percent more parents and children than President Trump removed in fiscal year 2020. Ultimately, we need long-term and sustainable solutions, including more legal pathways to enter the U.S. in the face of a changing world. We know from our daily work that when people have orderly, legal options for entering the country, they take them.

Persons: Miriam Jordan, Jordan, Trump Organizations: El Paso Times, Biden Locations: El Paso, Mexico, Ciudad

We don’t have enough judges,” Mr. Biden said on Monday. “Why won’t they give me the help?”A Senate bill introduced over the weekend tries to do just that. But Mr. Biden lifted Title 42 after the pandemic receded, and the legal pathway for using it again would be uncertain without an ongoing public health crisis. Immigration experts said that Mr. Biden probably could have taken some steps without the legislation. Mr. Biden could have done that without the legislation.

Persons: Biden, Donald J, Trump, ” Mr, ”, Ben Johnson, John Moore, Mike Johnson, Mr, Johnson, Biden’s, Trump’s Organizations: House Republicans, United, American Immigration Lawyers Association, “, Migrants, El Paso . Credit Locations: United States, Ciudad Juarez, Mexico, El Paso .

PUEBLA, Mexico (AP) — A four-year-old giraffe named Benito arrived Tuesday at his new home in a large animal park in central Mexico. The 7.5-acre (3-hectare) enclosure at the Africam Safari park in central Puebla state already holds seven giraffes, including three females. At the Africam park, Benito will start eating leaves from the acacia tree, one of the favorite foods of giraffes in their native habitat in Africa. The trip to the Africam Safari park, which started late Sunday, took around 30 hours, less than originally expected. At the Africam Safari park, the giraffes live in a much larger space that more closely resembles their natural habitat.

Persons: Benito, ”, Frank Carlos Camacho, munch, “ Benito, Camacho, “, —, ” Camacho, Flor Ortega, Benito couldn’t, zookeepers Organizations: Ciudad Juarez, National Guard, Modesto Locations: PUEBLA, Mexico, Puebla, Ciudad Juarez, Ciudad, El Paso , Texas, Africa, Africam, Sinaloa, Pacific

CIUDAD JUAREZ, Mexico (AP) — A giraffe named Benito started a 40-hour road trip Monday to leave behind the cold and loneliness of Mexico’s northern border city of Ciudad Juarez to find warmth — and maybe a mate — in his new home 2,000 kilometers (1,200 miles) to the south. With temperatures in Ciudad Juarez reaching as low as 39 degrees F (4 degrees C) Monday, Benito set off in a crate strapped to the back of a flat-bed truck. Benito is being transported across Mexico to Africam Safari park in central Puebla state where the low temperatures are about 20 degrees F warmer than in Ciudad Juarez. So he was donated to Ciudad Juarez. At the Africam Safari park, the giraffes live in a much larger space that more closely resembles their natural habitat.

Persons: Benito, —, ”, “, Flor Ortega, Benito couldn’t, zookeepers, munch, Frank Carlos Camacho, Camacho, “ Benito, Benito “, Benito doesn't, Maria Verza Organizations: Modesto, National Guard, Associated Locations: CIUDAD JUAREZ, Mexico, Ciudad Juarez, Puebla, Benito, Pacific, Sinaloa, El Paso , Texas, Zacatecas, Mexico City

MEXICO CITY (AP) — The head of Mexico’s immigration agency has ordered the suspension of migrant deportations and transfers due to a lack of funds amid a record-setting year for migration through the country’s territory. Mexico’s finance ministry suspended payments to the National Immigration Institute in November due to end-of-year budget adjustments, according to the memo. Deportations had precipitously dropped in April following a fire at a migrant detention center in Ciudad Juarez, across the border from El Paso, Texas. The tragedy threw the immigration agency into chaos and it temporarily closed dozens of its detention centers. Deportations had just picked up again in October, when Mexico began sending migrants back to their countries, including flights to Cuba and Venezuela.

Persons: Francisco Garduño, ” Garduño, ”, Adam Isacson Organizations: MEXICO CITY, Associated Press, National Immigration Institute, National Guard, Washington Office Locations: MEXICO, U.S, Mexico, Ciudad Juarez, El Paso , Texas, Cuba, Venezuela, America, Caribbean

☆ IMF approves $35 bln credit line for Mexico
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +1 min

[1/3] Employees work at a stall in an outdoor market dedicated to the sale of fruits and vegetables, in Ciudad Juarez, Mexico July 27, 2023. REUTERS/Jose Luis Gonzalez/File Photo Acquire Licensing RightsMEXICO CITY, Nov 16 (Reuters) - The International Monetary Fund's executive board has approved a two-year, $35 billion flexible credit line for Mexico, it said in a statement on Thursday, noting the Latin American country's economy is undergoing a broad-based expansion. This is Mexico's tenth flexible credit line arrangement since 2009, and the country has reduced amounts of the lines granted in recent years, the IMF said. In 2017, the IMF granted Mexico a credit line worth around $88 billion, which by 2021 was reduced to $50 billion. Authorities will reassess the external risk outlook and their implications on access under the agreement in November 2024, the IMF added.

Persons: Jose Luis Gonzalez, Gita Gopinath, Gopinath, Kylie Madry, Valentine Hilaire, Nick Zieminski Organizations: REUTERS, MEXICO CITY, Monetary Fund's, IMF, Thomson Locations: Ciudad Juarez, Mexico, MEXICO

☆ Mexican journalist shot dead in his car, motive unclear
▼ + stars: | 2023-11-16 | by ( Jose Luis Gonzalez | ) www.reuters.com time to read: +2 min

[1/3] A photographer takes a picture at the crime scene where photojournalist Ismael Villagomez Tapia of the local newspaper El Heraldo de Juarez was shot dead by unknown assailants, according to local media, in Ciudad Juarez, Mexico November 16, 2023. REUTERS/Jose Luis Gonzalez Acquire Licensing RightsCIUDAD JUAREZ, Mexico, Nov 16 (Reuters) - A Mexican photojournalist was killed in Ciudad Juarez in the early hours of Thursday while working as a ride-share driver, authorities and his employer said. In Mexico, many journalists work outside of the profession to pay the bills. Investigators have not ruled out the possibility that Villagomez was killed due to his work as a journalist, said Salas. "A journalist is a journalist 24 hours a day, whether or not they were working as something else meanwhile," Salas said, adding that Villagomez's cellphone was missing from the scene.

Persons: Ismael Villagomez Tapia, Juarez, Jose Luis Gonzalez, Ismael Villagomez, Carlos Manuel Salas, InDrive, Villagomez, Salas, We're, Jose Ramon Ortiz, Kylie Madry, Rosalba O'Brien Organizations: El, REUTERS, Thomson Locations: Ciudad Juarez, Mexico, CIUDAD JUAREZ, Mexican, de Juarez, El Heraldo

☆ Mexico inflation still easing but rate cuts seen only next year
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

A man buys vegetables at a stall in an outdoor market in downtown of Ciudad Juarez, Mexico July 27, 2023. Consumer prices rose 0.38% in October, according to non-seasonally adjusted figures, mainly driven by core inflation including higher food, beverage and service costs. The annual headline inflation reading came in slightly below economist forecasts in a Reuters poll, which stood at 4.28%. The closely monitored core index, which strips out some volatile food and energy prices, rose 0.39% during the month, while annual core inflation came in at 5.5%, in line with market expectations. "This report strengthens our view that headline inflation will remain under control over the coming months," said Pantheon Macroeconomics chief Latin America economist Andres Abadia, but "admittedly services inflation is still a bit sticky.

Persons: Jose Luis Gonzalez, Jason Tuvey, Banxico, Andres Abadia, Gabriel Araujo, Steven Grattan, Mark Heinrich Our Organizations: REUTERS, Bank of, Capital, Sao Paulo, Thomson Locations: Ciudad Juarez, Mexico, Bank of Mexico, Banxico, America, Sao

☆ Mexico logs sharp uptick in Venezuelan migrants amid latest surge
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Jose... Acquire Licensing Rights Read moreMEXICO CITY, Oct 17 (Reuters) - More migrants crossed into Mexico last month, led by a sharp increase from Venezuela but also significant numbers from Guatemala and Honduras, Mexico's top diplomat told lawmakers on Tuesday. In testimony to Mexican senators, Foreign Minister Alicia Barcena said that in the month of September alone, 60,000 Venezuelan migrants, 35,000 Guatemalan migrants and 27,000 Honduran migrants arrived in Mexico. The September data comes ahead of Sunday's migration summit in the southern Mexican town of Palenque hosted by President Andres Manuel Lopez Obrador where regional leaders will discuss rising U.S.-bound migration in Latin America. After U.S. authorities authorized in May more legal pathways to enter the United States, the numbers of migrants crossing Mexican territory fell abruptly. Barcena also noted that some 1.13 million migrants have so far this year reached Mexico's southern border with Guatemala, and that 1.75 million had reached the U.S.-Mexico border.

Persons: Cheila Gonzalez, Alicia Barcena, Andres Manuel Lopez, Gustavo Petro, Venezuela's Nicolas Maduro, Barcena, Raul Cortes, Isabel Woodford, Sandra Maler Organizations: REUTERS, MEXICO CITY, U.S, Thomson Locations: Guatemala, United States, Ciudad Juarez, Villa Ahumada, Chihuahua, Mexico, Jose, MEXICO, Venezuela, Honduras, Mexico's, Palenque, America

Migrants seeking asylum in the United States walk on the banks of the Rio Bravo river, the border between the U.S. and Mexico, in Ciudad Juarez, Mexico September 11, 2023. REUTERS/Jose Luis Gonzalez/File Photo Acquire Licensing RightsWASHINGTON, Oct 16 (Reuters) - The U.S. will offer migrant families separated at the U.S.-Mexico border under then-President Donald Trump temporary legal status and other benefits while barring similar separations in the future, according to a summary of a settlement agreement filed on Monday. Reporting by Ted Hesson; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Jose Luis Gonzalez, Donald Trump, Ted Hesson, Jonathan Oatis Organizations: U.S, REUTERS, Rights, Thomson Locations: United States, Rio Bravo, Mexico, Ciudad Juarez, U.S

The agreement currently applies to some 3,900 children separated from their parents during Trump's presidency from 2017-2021, according to the American Civil Liberties Union (ACLU), which represents separated families in a lawsuit first filed in 2018. An estimated 500-1,000 children remain separated and the number covered by the settlement will likely expand, the ACLU said. Trump, the frontrunner to become the Republican nominee for president in 2024, has criticized Biden's handling of border security and pledged to implement hardline immigration policies if reelected. As part of the settlement, separated families will have access to temporary housing support for one year, according to court documents. The Biden administration in 2021 broke off class-wide settlement talks that would have provided monetary compensation to separated families.

Persons: Jose Luis Gonzalez, Donald Trump, Joe Biden's, Trump, Alejandro Mayorkas, Lee Gelernt, Biden, Ted Hesson, Deepa Babington Organizations: U.S, REUTERS, Firms American Civil Liberties Union Follow WASHINGTON, American Civil Liberties Union, ACLU, Joe Biden's Democratic, Government watchdogs, Republican, Homeland, Biden, U.S . Citizenship, Immigration Services, Reuters, Thomson Locations: United States, Rio Bravo, Mexico, Ciudad Juarez, U.S, Washington

☆ Dollar up after inflation data boost
▼ + stars: | 2023-10-13 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +4 min

The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023. Data on Wednesday had shown U.S. producer prices increased more than expected in September amid higher costs for energy products and food. The dollar index , which measures the U.S. currency against six of its major peers, ticked up 0.11% to 106.63. Sweden's crown , edged up against both the dollar and euro after consumer price data came in higher-than-forecast, adding to risks that the Riksbank could raise rates further. Investors also digested producer and consumer prices data out of China on Friday that showed deflationary pressures were slightly stronger than expected.

Persons: Jose Luis Gonzalez, Helen, Jonas Goltermann, Patrick Harker, Adam Cole, Saqib Iqbal Ahmed, Brigid Riley, Samuel Indyk, Miral Fahmy, Mark Potter, Alexander Smith, Jonathan Oatis Organizations: REUTERS, U.S, Federal, Reuters, PPI, Capital Economics, Fed, Federal Reserve Bank of Philadelphia, RBC, of Canada, Thomson Locations: Ciudad Juarez, Mexico, Israel, Gaza, Sweden's, China

☆ Dollar hovers near two-week lows ahead of inflation data
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +3 min

The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023. The report comes ahead of the release on Thursday of September's consumer price index data, which is expected to show inflation moderated last month. "On the flip side, an upside surprise will likely encourage markets to reprice higher the chance the Federal Open Market Committee will follow through on its projected 25 basis point hike." Futures markets are pricing in a 26% chance of a 25 basis point hike in the December meeting and a 9% chance of a 25 basis point hike in November meeting, according to the CME FedWatch tool. The Japanese yen strengthened 0.03% to 149.11 per dollar, while sterling was last trading at $1.2311, flat on the day.

Persons: Jose Luis Gonzalez, Ryan Brandham, Carol Kong, Ankur Banerjee, Sam Holmes Organizations: REUTERS, Rights, Federal Reserve, Validus Risk Management, Fed, Commonwealth Bank of Australia, European Central Bank, Thomson Locations: Ciudad Juarez, Mexico, Rights SINGAPORE, U.S, North America, Tokyo, Singapore

REUTERS/Jose Luis Gonzalez/File Photo Acquire Licensing RightsMEXICO CITY, Oct 9 (Reuters) - Mexico on Monday called for the U.S. government to mediate with Texas state authorities to ease inspections for cargo trucks crossing the border, as the country's president accused the Texas governor of "complicating the migration situation." State officials restarted costly, intensive cargo truck inspections last month. Texas Governor Greg Abbott has argued they are needed to stem the flow of migrants and illegal drugs into the country. The measure has held up some $1.9 billion in goods, Mexico's national cargo transport chamber said on Sunday. Along with the state-mandated inspections, cargo has been slowed by the temporary closure of U.S. federal processing at several crossings, Mexico's foreign ministry added.

Persons: Jose Luis Gonzalez, Greg Abbott, Andres Manuel Lopez Obrador, Lopez Obrador, Kylie Madry, Dave Graham, Brendan O'Boyle, Sarah Morland Organizations: U.S . Customs, REUTERS, MEXICO CITY, U.S, Government, Texas Department of Public, ., Texas, Ciudad Juarez, Thomson Locations: U.S, Zaragoza, Ysleta, El Paso, Ciudad Juarez, Mexico, MEXICO, Texas, Mexican, Americas, El Paso , Texas

☆ Mexico seeks diplomatic arrangements to return LatAm migrants
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +1 min

[1/3] Agents from Mexico's National Institute of Migration (INM) carry out an operation on the banks of the Rio Bravo river, the border between Mexico and the United States, in Ciudad Juarez, Mexico October 5, 2023. REUTERS/Jose Luis Gonzalez Acquire Licensing RightsMEXICO CITY, Oct 6 (Reuters) - Mexico's national migration institute (INM) on Friday said it has asked the foreign ministry to make diplomatic arrangements with Brazil, Colombia, Cuba, Nicaragua and Venezuela for the countries to accept migrant return flights. In the last three weeks, more than 27,000 migrants have been "persuaded to get down from trains," INM said in a statement. INM said it sought help from the ministry so that Brazil, Colombia, Cuba, Nicaragua and Venezuela would accept "assisted returns via air." INM also said it had hired charter planes and buses to transport migrants within Mexico, as well as to their home countries.

Persons: Jose Luis Gonzalez, INM, Diego Ore, Brendan O'Boyle, Beth Solomon, Isabel Woodford Organizations: Mexico's National Institute of Migration, REUTERS, MEXICO CITY, Thomson Locations: Rio Bravo, Mexico, United States, Ciudad Juarez, MEXICO, Brazil, Colombia, Cuba, Nicaragua, Venezuela, U.S

☆ U.S. doesn't want to build new sections of border wall, Mexico says
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +1 min

A member of the Texas National Guard works on a razor wire fence, near a border wall on the banks of the Rio Bravo River, on the border between the U.S. and Mexico, as seen from Ciudad Juarez, Mexico September 18, 2023. "It's pure publicity," Lopez Obrador said in a regular morning press conference, after the Biden administration announced it would build additional sections of border wall, carrying forward a signature policy of the Trump administration. "They don't want to (build more sections of the wall), that's what they told us," Lopez Obrador said. Biden, when he took office in 2021, pledged that "no more American taxpayer dollars be diverted to construct a border wall." Mexico's president added that in the meetings the day before, the Mexican delegation expressed that Mexico "does not believe (additional border wall construction) to be the answer to the migration problem."

Persons: Jose Luis Gonzalez, Andres Manuel Lopez Obrador, Lopez Obrador, Biden, Trump, Antony Blinken, Joe Biden, Kylie Madry Organizations: Texas National Guard, U.S, REUTERS, MEXICO CITY, Congress, Thomson Locations: Rio Bravo, Mexico, Ciudad Juarez, MEXICO, Mexican

REUTERS/Jose Luis Gonzalez/File Photo Acquire Licensing RightsOct 5 (Reuters) - The United States is restarting deportations of Venezuelans who cross the U.S.-Mexico border unlawfully, Homeland Security Secretary Alejandro Mayorkas said on Thursday, part of attempts to curb a record number of migrant crossings. The record number of arrivals has strained resources in cities across the United States, with Democratic officials in New York and Chicago sounding the alarm. Frosty diplomatic relations between the U.S. and Venezuela had made it difficult for the U.S. to deport Venezuelans to their home country. Migration is the direct result of sanctions, the Venezuelan government added, repeating its frequent accusation that U.S. measures are a violation of international law. Washington has insisted Maduro must take steps toward free elections before it considers any further significant sanctions relief, though the U.S. has faced calls from some Latin American governments to take such action without further delay.

Persons: Jose Luis Gonzalez, Alejandro Mayorkas, Joe Biden, Mayorkas, Biden, Donald Trump, Yvan Gil, Washington, Nicolas Maduro, Maduro, Mica Rosenberg, Kristina Cooke, Julia Symmes Cobb, Vivian Sequera, Matt Spetalnick, Simon Lewis, David Ljunggren, Grant McCool, Chris Reese Organizations: REUTERS, Homeland, U.S, Republican, Democratic, Foreign, United, United Nations, Trump, Socialist, Thomson Locations: U.S, Mexico, Ciudad Juarez, United States, Venezuela . Washington, Venezuela, Mexico City, Darien, New York, Chicago, Venezuelan, Latin America, Caribbean, Colombia, Nicolas Maduro . Washington

☆ As Mexico cracks down on migrants, AMLO gains leverage with Washington
▼ + stars: | 2023-10-05 | by ( David Shortell | ) edition.cnn.com time to read: +11 min

And right now that leverage is around migration,” said Andrew Selee, the president of the nonpartisan Migration Policy Institute. Members of the Mexican National Guard stand on the border between Mexico and Guatemala to prevent the crossing of migrant caravans on October 21, 2022. “The Mexico southern border pretty much was the US southern border,” Meyer said. “What we are looking for is to reach an agreement to confront the migration phenomenon by addressing the causes,” López Obrador said at a news conference. US Secretary of State Antony Blinken is expected to travel to Mexico this week along with other cabinet secretaries and meet with López Obrador.

Persons: Biden, ”, Andrew Selee, Stringer, George W, Bush, Vicente Fox, Maureen Meyer, ” Meyer, Andrés Manuel López Obrador, Donald Trump, López Obrador, Alicia Bárcena, Bárcena, ” López Obrador, Elizabeth Sherwood, Randall, Antony Blinken, ” Selee, Lopez Obrador, “ López, Arturo Sarukhán, López Obrador’s, Critics, Ned Price, Blinken, ” Price, ” Sarukhán, “, ‘ Organizations: Mexico City CNN, Ciudad, Mexican, Institute, Mexican National Guard, Getty, Washington Office, US, Washington, CNN, Bloomberg, United Nations, Refugees, Mexican Supreme, State Department, White Locations: Mexico, Washington, Guatemala, AFP, Central America, Caribbean, America, United States, Honduras, El Salvador, Ecuador, Venezuela, Colombia, El Paso , Texas, Nicaragua, Cuba, Costa Rica, Mexican

JUCHITAN, Mexico, Mexico, Oct 2 (Reuters) - Several hundred migrants in southern Mexico awaited buses north on Monday under a new government program meant to help manage the numbers arriving, as Mexico's president said 10,000 people have been reaching the northern border with the U.S. daily. Thousands of migrants have crossed into the U.S. from Mexico in recent weeks, alarming officials in U.S. border cities and prompting delays to trade. Salma was among about 400 people, including families with small children, awaiting buses headed to the state capital or Mexico City. In September, the number of migrants encountered at the U.S.-Mexico border was on pace to approach, or surpass, previous monthly highs. Lopez Obrador called for countries to address root causes driving migration and lamented the deaths of 10 Cuban migrants in a traffic accident in southern Mexico on Sunday.

Persons: we've, Victor Salma, Salma, Jesus Gonzalez, Jose Luis Gonzalez, Andres Manuel Lopez Obrador, Lopez Obrador, Papa, Jose Cortes, Lizbeth Diaz, Laura Gottesdiener, Raul Cortes, Daina Beth Solomon, Aurora Ellis, Gerry Doyle, Simon Cameron, Moore Organizations: U.S, Reuters, CBP, REUTERS, Texas National Guard, U.S . Customs, Border Protection, Thomson Locations: JUCHITAN, Mexico, U.S, Tijuana, San Diego , California, Juchitan, Oaxaca, Venezuela, Mexico City, United States, Ciudad Juarez, Texas, Monterrey

☆ Migrants aboard Mexico cargo trains stranded miles from U.S. border
▼ + stars: | 2023-09-30 | by ( ) www.reuters.com time to read: +3 min

[1/2] Migrants travelling by train to Ciudad Juarez in an attempt to reach the United States, wait near train wagons while being stranded near Villa Ahumada, in the state of Chihuahua, Mexico September 29, 2023. Sixty northbound cargo trains run by Mexico's Ferromex were stopped last week, after about half a dozen migrants suffered death or injury. Grupo Mexico, which owns Ferromex, could not immediately be reached about the sudden train stoppage with migrants aboard near Villa Ahumada. Meanwhile, further east, in the border city of Piedras Negras that sits opposite Eagle Pass, Texas, Venezuelan migrant Jose Julian said on Friday he had similarly been stranded while traveling aboard the cargo trains. For years, migrants trying to reach the United States have crisscrossed Mexico on cargo trains.

Persons: Jose Luis Gonzalez, VILLA, Sasha Pacheco, we're, Mexico's Ferromex, Villa Ahumada, Marlon Vera, who'd, Jose Julian, Daniel Becerril, Isabel Woodford, Kylie Madry, Valentine Hilaire, Michael Perry Organizations: REUTERS, Grupo Mexico, Reuters, Thomson Locations: Ciudad Juarez, United States, Villa Ahumada, Chihuahua, Mexico, PIEDRAS NEGRAS, U.S, Mexican, Piedras Negras, , Texas, Monterrey, Torreon, Rio, Villa, Mexico City

☆ Automakers say they face $14 billion in fines from Biden's 'unfeasible' fuel rules
▼ + stars: | 2023-09-29 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

The fines would impact one in every two light trucks and one in every three passenger cars in 2027-2032, the group added. A separate document viewed by Reuters said the Detroit Three - GM, Ford Motor (F.N) and Chrysler-parent Stellantis (STLAM.MI) - would face about $10 billion in CAFE fines in that period. A NHTSA spokesperson said the estimate cited by automakers represents the agency forecast and is "consistent with our statutory obligations". In June, Reuters reported Stellantis and GM paid a total of $363 million in CAFE fines for failing to meet U.S. fuel economy requirements for prior model years. The record-setting penalties include $235.5 million for Stellantis for the 2018 and 2019 model years and $128.2 million for GM covering 2016 and 2017.

Persons: Jose Luis Gonzalez, Biden, David Shepardson, Barbara Lewis Organizations: REUTERS, Rights, Alliance, Automotive Innovation, General Motors, Toyota, Volkswagen, Hyundai, Traffic, Reuters, Detroit, Ford Motor, Chrysler, European Union, NHTSA, GM, Thomson Locations: Texas, Ciudad Juarez, Mexico

☆ Morning Bid: Bond crush stifles markets as $134 billion hits
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +6 min

The yield spike has supercharged the U.S. dollar worldwide - both a reflection and aggravator of mounting financial stress far and wide. As Deutsche Bank notes, this is historically significant territory as the average of the 10-year yield going back to 1799 is around 4.50%. The Treasury sells $48 billion in two-year notes on Tuesday, $49 billion in five-year paper on Wednesday and $37 billion in seven-year notes on Thursday. Minneapolis Fed Bank President Neel Kashkari said on Monday the Fed probably needs to raise borrowing rates further. Private sector bankers are starting to brace for the worst, with JP Morgan chief Jamie Dimon reported overnight as warning: "I am not sure if the world is prepared for 7% (Fed rates)."

Persons: Jose Luis Gonzalez, Mike Dolan, South Korea's, Sterling, haven't, Neel Kashkari, Said Kashkari, Austan Goolsbee, JP Morgan, Jamie Dimon, Christine Lagarde, China Evergrande, Michelle Bowman, Christina Fincher Organizations: REUTERS, Federal Reserve, U.S ., Bank of Japan, South, Treasury, Deutsche Bank, Minneapolis Fed, Chicago Fed, European Central Bank, ECB, Dallas Fed's, Chicago Fed's, HK, Richmond Fed, Dallas Fed, Philadelphia Fed, Costco, Cintas, Thomson, Reuters Locations: Ciudad Juarez, Mexico, U.S, Wall St, Asia, Europe, Philadelphia, Washington

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