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FILE PHOTO: Mexican President Andres Manuel Lopez Obrador takes part in the virtual meeting of the Group of 20 (G20) summit, November 22, 2020. Mexico's Presidency/Handout via REUTERSMEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador on Monday denied that Mexico had agreed to capture a cartel leader for the United States in order to secure the return of ex-defense minister Salvador Cienfuegos from U.S. custody. Reuters reported last week that Mexico agreed with U.S. Attorney General William Barr to seek the arrest of a high-level Mexican drug cartel leader as part of a deal to get U.S. drug trafficking charges against Cienfuegos dropped. He said it was wrong to suggest that the United States sent Cienfuegos back so that Mexico would send Washington a leader of organized crime. Mexico’s government, angry it was not forewarned about the investigation, hailed Cienfuegos’ return on Wednesday as a diplomatic achievement and a win for the nation’s sovereignty.
Persons: Andres Manuel Lopez Obrador, Salvador, William Barr, ” Lopez Obrador, Cienfuegos ’, , Padrino, El Padrino ” Organizations: Mexico's, REUTERS MEXICO CITY, Reuters, U.S, Cienfuegos, Drug, Administration, Cienfuegos ’, El Locations: Mexico, United States, U.S, Cienfuegos, Washington, Los Angeles
Mexican president calls on rich countries to lessen debt for poorer nations
  + stars: | 2020-11-22 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +1 min
FILE PHOTO: Mexico's President Andres Manuel Lopez Obrador gestures during a news conference at National Palace in downtown Mexico City, Mexico November 13, 2020. REUTERS/Carlos Jasso/File PhotoMEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador on Sunday called on the Group of 20 (G20) major economies to improve external debt conditions for poor and middle-income countries, as the global economy suffers a recession from the coronavirus crisis. The leftist president has warned against taking on debt and bailing out companies, even as Mexico’s economy is set to contract 10% this year, its worst slump since the Great Depression. “Our proposal consists in ... making a reality the commitment to remove sums of debt and debt-servicing to the poor nations of the world,” Lopez Obrador said in a video as part of the G20 summit. Lopez Obrador also said Mexico’s economy is meeting the government’s expectation of V-shaped recovery, and projected that by next March the number of formal jobs will bounce back to 20.5 million, the amount before the pandemic hit.
Persons: Andres Manuel Lopez Obrador, Carlos Jasso, ” Lopez Obrador, Lopez Obrador, Jose Luis de la Cruz Organizations: REUTERS, MEXICO CITY, World Bank, Institute for Industrial Development Locations: Mexico City, Mexico, United States, Europe
Mexican president urges G20 to avoid debt, bailouts in pandemic
  + stars: | 2020-11-21 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +2 min
FILE PHOTO: Mexico's President Andres Manuel Lopez Obrador gestures during a news conference at National Palace in downtown Mexico City, Mexico November 13, 2020. REUTERS/Carlos Jasso/File PhotoMEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador on Saturday urged fellow leaders from the 20 biggest world economies (G20) to steer clear of debt and bailouts in the efforts to handle the COVID-19 crisis that has caused a global recession. Within G20, Mexico is the country with the least fiscal support spending as a percentage of gross domestic product. “Avoid taking on debt and even less so if it’s for the benefit of a few, at the cost of the suffering of many,” he said. Lopez Obrador also called on countries to avoid “authoritative measures” such as confinement and curfews, and to have more trust in people to act responsibly in curbing the spread of the novel coronavirus.
Persons: Andres Manuel Lopez Obrador, Carlos Jasso, ” Lopez Obrador, , Lopez Obrador Organizations: REUTERS, MEXICO CITY, Saturday, International Monetary Fund Locations: Mexico City, Mexico, Brazil, Britain, United States
MEXICO CITY—Mexico said Thursday it will no longer allow officials accused of corruption to be tried in the United States, a move that could end a decades-old tradition in which most of Mexico’s high-profile drug-trafficking and corruption cases have been tried north of the border. Ebrard's statement was not clear on whether Mexico would continue extraditing accused drug traffickers to face charges in U.S. courts, as it has done often in the past, or whether he was only referring to officials accused of collaborating with drug gangs. That decision came after reports that Mexico had threatened to expel the Drug Enforcement Administration’s regional director and agents. He was also accused of introducing cartel leaders to other corrupt Mexican officials. Mexican officials complained that the U.S. failed to share evidence against Cienfuegos and that his arrest came as a surprise.
Persons: Salvador Cienfuegos —, , Marcelo Ebrard, Cienfuegos, Andrés Manuel López Obrador, , ” López Obrador, López Obrador, ” Cienfuegos, Ebrard, ” Ebrard, nabbed, kingpins Organizations: MEXICO CITY, Justice Department, Foreign, U.S, White, U.S . Department of Justice, Los Angeles ., Prosecutors, Cienfuegos, NBC, Facebook, Twitter Locations: MEXICO, Mexico, United States, U.S, Mexican, Cienfuegos, , Los Angeles, New York City, New York
Mexico's President Andres Manuel Lopez Obrador speaks to the media during a news conference in Villa Hermosa, in Tabasco state, Mexico November 7, 2020. Press Office Andres Manuel Lopez Obrador/Handout via REUTERSDemocrat Joe Biden won the election on Saturday after a victory in the battleground state of Pennsylvania put him over the threshold of 270 Electoral College votes. “With regard to the U.S. election, we are going to wait until all the legal matters have been resolved,” Lopez Obrador said at a news conference. Under Trump, Mexico has had to navigate abrupt demands to stem illegal migration or face trade tariffs. “President Trump has been very respectful with us,” he said.
Persons: Andres Manuel Lopez Obrador, REUTERS Democrat Joe Biden, ” Lopez Obrador, Donald Trump, Evo Morales, Trump, , Lopez Obrador, Biden, acceding Organizations: MEXICO CITY, U.S, Press, REUTERS Democrat, Electoral, Republican, Trump Locations: MEXICO, Washington, Villa Hermosa, Tabasco, Mexico, Pennsylvania, United States, “ Bolivia
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