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"Burgeoning extortion has not grabbed the headlines, but it's been the all-the-more corrosive fallout of a security strategy that never merited the label," said Falko Ernst, a senior analyst at the International Crisis Group. Lopez Obrador denies his strategy has fed impunity, but said after the villagers' bloody takedown of extortionists in Texcapilla, some 75 miles (120 km) southwest of Mexico City, that Mexico must fight the problem. Security frequently tops polls of voters' chief concerns ahead of the June 2 presidential election to succeed Lopez Obrador, who under Mexican law cannot run again. Sheinbaum has defended the administration, while also pledging "zero impunity" and highlighting her own record on security in Mexico City, where murders fell far more sharply. A recent study by a Mexican Senate think tank said Mexico suffers some 13,000 acts of extortion daily.
Persons: Dave Graham MEXICO, Andres Manuel Lopez Obrador, Lopez, it's, Falko Ernst, Lopez Obrador, abrazos, Lopez Obrador's, Mexico City Mayor Claudia Sheinbaum, Sheinbaum, Ernst, Mexico's, extortioners, Carlos Heredia, Dave Graham, Lizbeth Diaz, Alistair Bell Organizations: Dave Graham MEXICO CITY, Crisis, Mexico City Mayor, Army Locations: Texcapilla, Mexico City, Mexico, Mexican
[1/3] U.S. President Joe Biden meets with Mexican President Andres Manuel Lopez Obrador on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, California, U.S. November 17, 2023. The announcement published Tuesday said President Andres Manuel Lopez Obrador sought permission for 11 U.S. military personnel to take part in a program called "Strengthening the Capacities of the Special Forces of the Defense Ministry." Lopez Obrador has vigorously defended the principle of Mexican sovereignty, passing measures to restrict the ability of U.S. counter-narcotics agents to operate in Mexico. The U.S. troops are expected to arrive in Mexico with their own weapons, ammunition and equipment, the Senate letter added. For his part, Lopez Obrador has been critical of U.S. anti-narcotics officials operating on Mexican territory, accusing U.S. Drug Enforcement Administration (DEA) agents of trampling on Mexican sovereignty.
Persons: Joe Biden, Andres Manuel Lopez Obrador, Kevin Lamarque, Lopez Obrador, Lopez Obrador's, Dave Graham, Drazen Jorgic, Franklin Paul, Deepa Babington Organizations: Economic Cooperation, REUTERS, MEXICO CITY, Mexican Senate, U.S, Special Forces of, Defense Ministry, Special Forces Group, Mexico's Defense Ministry, United States, Drug Enforcement Administration, Thomson Locations: Asia, San Francisco , California, U.S, MEXICO, Mexican, Mexico, United States, Mexico City, Jan, Iraq, Afghanistan
Mexican Senate cancels trusts for judiciary worth over $800 mln
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +2 min
The Senate, controlled by Lopez Obrador's leftist National Regeneration Movement (MORENA) and its allies, approved the measure to do away with the trusts worth some 15 billion pesos ($820 million). Last week, the lower house of Congress voted to wind up the trusts, whose funds are due to be absorbed by the government. Mexico's Supreme Court said this month the elimination of the trusts will affect workers in the judiciary, pointing to their pensions and other social security benefits. "How does the judiciary benefit the Mexican people, or the majority of Mexicans? Critics of Lopez Obrador see the judiciary as a bulwark against his efforts to concentrate power.
Persons: Henry Romero, Andres Manuel Lopez Obrador, Lopez Obrador's, Lopez Obrador, hock, it's, Dave Graham, Natalia Siniawski, Michael Perry Organizations: Supreme, REUTERS, MEXICO CITY, Regeneration, Thomson Locations: Mexico City, Mexico, MEXICO
Yorio said he sees annual inflation stabilizing at around 4.5% toward the end of the year. However, Bank of Mexico board member Jonathan Heath cautioned that the slowing pace of the inflation rate in recent months should not prompt premature celebration, local media outlet El Financiero reported on Wednesday. We still see a long battle ahead and this inflation phenomenon has really been much more complex than we would have imagined," said Heath. His comments come as the central bank has kept its benchmark interest rate at 11.25% since March, following a nearly two-year rate-hike cycle. Reporting by Ana Isabel Martinez and Isabel Woodford; Writing by Sarah Morland; Editing by Stephen Eisenhammer and Alistair BellOur Standards: The Thomson Reuters Trust Principles.
Persons: Gabriel Yorio, Yorio, Jonathan Heath, we're, Heath, Ana Isabel Martinez, Isabel Woodford, Sarah Morland, Stephen Eisenhammer, Alistair Bell Organizations: MEXICO CITY, Mexican Senate, U.S, automaking, Bank of, El, Thomson Locations: MEXICO, Latin America, Mexican, Bank, Bank of Mexico
MEXICO CITY, April 29 (Reuters) - The Mexican Senate approved in an express session on Saturday a package of laws including two constitutional reforms and a new mining law rebuked by the mining chamber and Canada. The mining law shortens concessions in the mining sector to 30 years from 50, tightens water extraction permits, and requires some mining profits to be returned to local communities, among other modifications. Lopez Obrador has not granted any new mining concessions since he took office in the world's top silver producing country in late 2018. The national mining chamber Camimex has warned such reforms could cost the country some $9 billion in investments and up to 420,000 jobs. Mining giant Grupo México (GMEXICOB.MX) said on Thursday that the government's reforms to the sector did not represent a risk to its portfolio.
MEXICO CITY — The Mexican government filed another U.S. gun lawsuit Monday, this time against five U.S. gun shops and distributors it claims are responsible for the flow of illegal weapons into Mexico. Mexico’s first lawsuit, which was recently dismissed, targeted U.S. gun manufacturers. The announcement comes several days after a U.S. federal judge dismissed Mexico’s first lawsuit against U.S. gun manufacturers; Mexico has said it will appeal that decision. The law shields gun manufacturers from damages “resulting from the criminal or unlawful misuse” of a firearm. The Mexican government estimates 70% of the weapons trafficked into Mexico come from the U.S., according to the Foreign Affairs Ministry.
German president urges Mexico to stand against Russian invasion
  + stars: | 2022-09-20 | by ( ) www.reuters.com   time to read: +2 min
German President Frank-Walter Steinmeier shakes hands with Mexico City's Mayor Claudia Sheinbaum during a ceremony to honor him with a Distinguished Guest recognition at City Hall in Mexico City, Mexico September 20, 2022. REUTERS/Toya Sarno JordanMEXICO CITY, Sept 20 (Reuters) - German President Frank-Walter Steinmeier on Tuesday urged the Mexican government to stand with Europe in opposing the Russian invasion of Ukraine, invoking the spirit of one of Mexico's legendary leaders in his appeal. In a speech to the Mexican Senate following a meeting with President Andres Manuel Lopez Obrador, Steinmeier said failure to close ranks against Moscow's attack on Ukraine posed a threat to global democracy. Lopez Obrador has himself repeatedly made reference to the words of Juarez quoted by Steinmeier when urging countries to show mutual respect. Register now for FREE unlimited access to Reuters.com RegisterReporting by Dave Graham; editing by Stephen EisenhammerOur Standards: The Thomson Reuters Trust Principles.
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