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That year, he had also taken up an interest in stock trading. Increased accuracy on VWAPThe volume-weighted average price (VWAP) is a chart line that tracks the average price traders paid for a stock. If a stock's price is too far above the VWAP, it signals that it's overbought, and vice versa. But as more short sellers chase the stock's price down, it can get overcrowded, he noted. Pop Culture Group (CPOP) stock's trading was halted on October 31 after the stock rallied quickly.
Persons: David Capablanca, Capablanca, TraderSync, David Olivares, Olivares, He's Organizations: University of California, pharma, Capablanca, Interactive, Traders, Reviva Pharmaceuticals Holdings, shorting, InMed Pharmaceuticals, Culture Locations: Los Angeles
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
On Thursday, the U.S. said it was restarting deportations of Venezuelans who cross the U.S.-Mexico border unlawfully. Mexico, on Friday, said it was seeking to return migrants to Brazil, Colombia, Cuba, Nicaragua and Venezuela. A record of 417,000 migrants have crossed the Darien Gap this year, more than double the number in all of last year. "Crossing the Darien is hell," said Panama President Laurentino Crotizo in a statement, after touring the area via plane with Costa Rica counterpart Rodrigo Chaves. In the last three weeks, more than 27,000 migrants have been "persuaded to get down from trains," INM said.
Persons: Laurentino Cortizo, Rodrigo Chaves, Lajas, Sherly, Kelvin Romero, Laurentino Crotizo, Ana Cordova, INM, Elida Moreno, Valentine Hilare, Beth Solomon, Stephen Eisenhammer, Sandra Maler Organizations: Costa Rica, REUTERS Acquire, Migration Institute, Ore, Thomson Locations: Panama, Costa, Darien province, U.S, Mexico, Colombia, Venezuela, Brazil, Cuba, Nicaragua, Darien, Costa Rica, Venezuelan, Meteti, Mexico City
10 Cuban migrants killed in Mexico truck accident, 17 injured
  + stars: | 2023-10-01 | by ( ) www.reuters.com   time to read: +1 min
Oct 1 (Reuters) - At least 10 Cuban migrants died and 17 others were seriously injured when a cargo truck ferrying them had an accident in the southern Mexican state of Chiapas, Mexico's migration institute said on Sunday. The accident took place along the Pacific coast stretch of the Pijijiapan-Tonalá highway in Chiapas, a common route taken by migrants who cross into Mexico from Guatemala on their way north towards the United States. The driver of the Ford truck, which is not designed to carry so many people, fled the scene of the accident, the National Migration Institute (INM) said in a statement. The 17 injured people were taken to hospitals and are being monitored, INM said. Road accidents involving migrants are not uncommon in Mexico, where many people crossing the country to the United States travel in unauthorized and poorly maintained vehicles.
Persons: INM, Diego Ore, Lizbeth Diaz, Drazen Jorgic, Richard Chang Organizations: Ford, National Migration Institute, Thomson Locations: Mexican, Chiapas, Tonalá, Mexico, Guatemala, United States
Mexico City CNN —At least 10 Cuban migrants died and 17 others were injured when the truck they were traveling in overturned in southern Mexico on Sunday, Mexican authorities say. The truck was “irregularly” transporting 27 Cuban nationals on the Pijijiapan-Tonalá highway in the southern state of Chiapas when the accident occurred, Mexico’s National Migration Institute (INM) said in a statement. Officials said initial reports suggested the driver had been speeding and lost control of the unit, fleeing the scene after it overturned. Migrants from Central America and the Caribbean sometimes travel through Mexico in trucks and trailers in the hope of reaching the United States. In 2021, 55 people were killed and more than 100 injured when a truck also believed to be carrying migrants overturned in Chiapas state, which borders Guatemala.
Organizations: Mexico City CNN, Sunday, Migration Institute, Migrants Locations: Mexico, Tonalá, Chiapas, Central America, Caribbean, United States, Guatemala
TAPACHULA, Mexico, Sept 26 (Reuters) - Mexico moved to disperse a major build-up of migrants on its southern border with Guatemala by transporting thousands into nearby towns and setting up a camp to relieve pressure on local authorities, the government said on Tuesday. The National Migration Institute (INM) said it deployed 189 buses and 73 vans to move over 8,000 migrants from the southern city of Tapachula to other parts of the state of Chiapas and the southern states of Veracruz and Tabasco. Nevertheless, on Tuesday morning, thousands of people were still waiting outside COMAR's Tapachula offices, as migrants continued to cross the Suchiate River from Guatemala into Mexico, according to a Reuters witness. [1/8]Asylum seekers cross the Rio Grande river to finish their journey through Mexico to Eagle Pass, in Texas, U.S. as seen from Piedras Negras, Mexico, September 26, 2023. Discussing the railway concerns with U.S. officials at the end of the week, Mexico said the two sides had agreed on a series of measures to tackle the challenge.
Persons: Daniel Becerril, Biden, Jose Torres, Dave Graham, Grant McCool Organizations: Migration Institute, Mexican Commission, Aid, Refugees, National Migration Institute, REUTERS, U.S, Thomson Locations: TAPACHULA, Mexico, Guatemala, Tapachula, Chiapas, Veracruz, Tabasco, Eagle, Texas, U.S, Piedras Negras, United States, Venezuela, Brazil, Nicaragua, Colombia
Asylum seekers heading to the U.S. travel on a train after thousands of migrants crossed into the United States in recent days, in El Carmen, Mexico September 21, 2023. Thousands of people have reached the northern border in recent days and crossed into the United States, many after taking dangerous journeys on freight trains known as "The Beast." Mexican railroad operator Ferromex this week suspended 60 trains due to the influx of people, and Mexico's National Migration Institute (INM) has deployed agents to dissuade people from climbing aboard. "We want to take the train to get to the border and cross into the United States... Reporting by Jose Cortes in Huehuetoca; Writing by Daina Beth Solomon in Mexico City; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.
Persons: Daniel Becerril, Jason, Milagros Narvaez, It's, Jose Cortes, Daina Beth Solomon, William Mallard Organizations: REUTERS, Migration Institute, Grupo Mexico, Thomson Locations: United States, El Carmen, Mexico, Mexico City, Huehuetoca, Venezuelan, INM, Venezuela
By Jose CortesHUEHUETOCA, Mexico (Reuters) - Several dozen migrants retreated in frustration from train tracks outside Mexico City on Friday, blocked by Mexican officials from hitching rides on cargo wagons in a major new enforcement effort to curb the flow of people headed north. Mexican railroad operator Ferromex this week suspended 60 trains due to the influx of people, and Mexico's National Migration Institute (INM) has deployed agents to dissuade people from climbing aboard. "They forced us away from the rail," said Jason, a Venezuelan migrant who asked to be identified only by his first name. Migrants carrying backpacks and jugs of water made their way through tall grass under the hot sun to retreat on foot to the nearest town. (Reporting by Jose Cortes in Huehuetoca; Writing by Daina Beth Solomon in Mexico City; Editing by William Mallard)
Persons: Jose Cortes HUEHUETOCA, Jason, Milagros Narvaez, It's, Jose Cortes, Daina Beth Solomon, William Mallard Organizations: Migration Institute, Grupo Locations: Mexico, Mexico City, United States, Huehuetoca, Venezuelan, INM, Grupo Mexico, Venezuela
MEXICO CITY, Sept 9 (Reuters) - A group of Mexican and American citizens traveling in vehicles in northern Mexico was attacked by armed civilians on Saturday, leaving at least three Mexican passengers injured, local authorities said. "The caravan was made up of 20 people, 16 nationals and four Americans who were traveling in two trucks," reported INM, which condemned the attack. INM said that three Mexican citizens were wounded: a woman who received two gunshot wounds to the back, a 62-year-old man who was shot in the leg, and a 70-year-old man whose finger was hit by a bullet. None of the Americans were injured, according to INM. Reporting by Raul Cortes and Jackie Botts; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
Persons: Miguel Aleman, INM, Raul Cortes, Jackie Botts, Chizu Organizations: MEXICO CITY, National Migration Institute, Reuters, . Customs, Border Protection, Roma, Thomson Locations: MEXICO, Mexico, Mexican, Tamaulipas, United States, Dallas, Atlanta, U.S
[1/5] Tow trucks and authorities work at the area of a road accident, which left over a dozen migrants dead, in Tepelmeme Villa de Morelos, in Oaxaca state, Mexico August 22, 2023. REUTERS/Jose de Jesus Cortes Acquire Licensing RightsMEXICO CITY, Aug 22 (Reuters) - Fifteen Mexicans and one Venezuelan died in a road accident in central Mexico early on Tuesday, officials from Mexico's INM migration institute said in a statement. The 52 passengers traveling on the bus on Mexico's Miahuatlan-Coixtlahuaca highway included 10 passengers from Venezuela, the INM said, adding they had appointments to seek legal entry to the United States. Some 36 passengers were injured and taken to hospital after the bus crashed with a trailer in the early hours of the morning, officials from the state of Puebla said in a separate statement. A video shared on X by the local Red Cross unit showed a mangled white bus lying on its side while rescue teams worked in the dark.
Persons: Jose de Jesus Cortes, Noe Torres, Lizbeth Diaz, Isabel Woodford, Stefanie Eschenbacher, Anthony Esposito, Chris Reese Organizations: Morelos, REUTERS, MEXICO CITY, Local, Red, Thomson Locations: Tepelmeme Villa, Oaxaca, Mexico, MEXICO, Venezuela, United States, Puebla
“The INM rescued 148 migrants who were traveling overcrowded in the box of a trailer and were abandoned in life-threatening conditions on the side of the Minatitlán, Cordova highway,” the institute said in a statement. The truck was abandoned by the driver who is still at large, INM added. Of the 148 people rescued there were women and men traveling solo, 23 unaccompanied minors and 44 families – which consisted of 115 people. The faces of rescued migrants were obscured by INM in this picture. That same year, at least 55 people were killed and more than 100 injured when a truck overturned in southern Mexico.
Persons: INM Organizations: CNN, Central, Mexico’s National Institute of Migration, System, Integral, Defense, Minors, National Institute of Migration Immigrants Locations: Veracruz, Cordova, Honduras, Guatemala, El Salvador, United States, Mexico, Central
Mexico intercepts over 500 migrants in two days
  + stars: | 2023-07-17 | by ( Brendan O'Boyle | ) www.reuters.com   time to read: +2 min
INM/Handout via REUTERSMEXICO CITY, July 16 (Reuters) - Mexican authorities on Sunday said they intercepted over 500 migrants in two days in the eastern state of Veracruz as authorities crack down on the transportation of migrants toward the United States in unsafe conditions. The town's mayor Roberto Montiel wrote on Facebook that "over 180" migrants were found, including women and children, with some of the migrants presenting signs of dehydration. Earlier on Sunday, the INM reported in a statement that authorities had intercepted 303 migrants in two operations on Friday morning in Veracruz. Also on Friday, authorities found 196 migrants, including 19 unaccompanied minors, packed into an improperly parked tractor-trailer detected on a road close to the city of Fortin de las Flores. Five of the migrants were adults from Guatemala and another five adults from India, the INM statement said, without providing further details on the other migrants' nationalities.
Persons: Fortin de las, Roberto Montiel, Fortin de las Flores, Brendan O'Boyle, Diane Craft Organizations: National Institute of Migration, REUTERS, REUTERS MEXICO CITY, National Migration Institute, Facebook, Thomson Locations: Fortin de, Fortin de las Flores, Veracruz, Mexico, Handout, REUTERS MEXICO, United States, Puente Nacional, Cuba, El Salvador, Guatemala, Honduras, Nicaragua, Fortin, India, Mexico's, Chiapas, Texas
MEXICO CITY, June 26 (Reuters) - A woman who had just given birth was among 141 migrants detained at a bus checkpoint in southeastern Mexico on Monday, the same day another large group of migrants was found in the area crowded into the back of a trailer truck. The mother and her newborn girl were taken to a hospital after being detained, according to a statement by the National Migration Institute (INM). The mother was among a group of mostly Guatemalans found on the bus in the Gulf state of Veracruz. "(The woman) gave birth with the help of those that traveled with her, who cut the umbilical cord," the INM added. It comes after the institute reported on Monday that another 130 Guatemalan migrants had been detained in a truck in the same state.
Persons: Daina Beth Solomon, Isabel Woodford, Gerry Doyle Organizations: MEXICO CITY, National Migration Institute, United, Thomson Locations: MEXICO, Mexico, Gulf, Veracruz, Texas, United States
Mexican officials find 129 migrants in truck amid heat wave
  + stars: | 2023-06-17 | by ( ) www.reuters.com   time to read: +2 min
Instituto Nacional de... Read moreMEXICO CITY, June 17 (Reuters) - Mexican authorities found 129 migrants, mostly from Guatemala, crowded into a truck trailer in the eastern state of Veracruz, the National Migration Institute (INM) said in a statement on Saturday. The migrants were crammed into a trailer in the midst of a heat wave in Mexico, where higher-than-normal temperatures have topped 45C (113F) in several states, including Veracruz, where the operation took place. Immigration agents in late May had uncovered another 175 migrants further south, mainly from Central America, in Chiapas state. Migrants fleeing violence and poverty in Latin America frequently pay smugglers in an attempt to pass through Mexico bound for the U.S. Among the travelers found on Friday were adults from Guatemala, Honduras, India and El Salvador, and 19 unaccompanied minors, the migration institute said.
Persons: Francisco Garduño, Lucinda Elliott, Aida Pelaez, Fernandez, Franklin Paul Organizations: Mexico's National Institute of Migration, INM, Instituto Nacional de, Read, MEXICO CITY, National Migration Institute, U.S, Franklin Paul Our, Thomson Locations: Guatemala, Honduras, El Salvador, India, MEXICO, Veracruz, Mexico, Central America, Chiapas, America
MEXICO CITY, April 30 (Reuters) - A judge in northern Mexico has ordered the head of the national migration authority charged over a fire late last month that killed 40 migrants at a holding center in the border city of Ciudad Juarez, authorities said on Sunday. After a lengthy hearing, the court in Ciudad Juarez said there was sufficient evidence to charge Francisco Garduno, head of the National Migration Institute (INM), for unlawful exercise of public office, the Federal Judicial Council said. Garduno, an ally of President Andres Manuel Lopez Obrador, is not under arrest, but must report to authorities every two weeks. The fire, which authorities say began after one or more of the migrants set alight mattresses as a protest, killed 40 male migrants, most of them from Central America. Editing by Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.
MEXICO CITY, April 25 (Reuters) - Mexican prosecutors on Tuesday formally accused Mexico's top migration official with unlawful practice in public office, a criminal offense, over a fire at a government detention center that killed 40 migrants, according to Mexican media. Francisco Garduno, head of the National Migration Institute (INM), is the highest-ranking official to be formally accused in the case, which also led to the arrests of several other INM officials on homicide charges. Garduno, in remarks to reporters broadcast by Milenio television after the hearing, said he had invoked his right to remain silent before a judge. The hearing was held in Ciudad Juarez, the northern border city where the fire occurred. Perez said the hearing will continue Sunday, when the judge is expected to determine whether prosecutors have enough evidence to merit charges against Garduno.
Mexico nabs, swiftly deports MS-13 gang leader to El Salvador
  + stars: | 2023-04-18 | by ( ) www.reuters.com   time to read: +2 min
Jose Wilfredo Ayala, 55, was arrested after a tip from a neighbor, according to the Mexican capital's security ministry. The ministry said it had discovered Ayala - believed to be second-in-command of the gang commonly known as MS-13 - was using a false identity and hiding in Mexico City and in two areas a short drive north in Hidalgo state. An official with Mexico's national immigration institute INM told Reuters later on Tuesday that Ayala had already been deported to his native El Salvador, but did not provide further detail. El Salvador's justice and security ministry did not immediately respond to a request for comment on Ayala's capture. Reporting by Nelson Renteria in San Salvador; Additional reporting by Lizbeth Diaz in Mexico City; Writing by Brendan O'Boyle; Editing by David Alire Garcia and Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.
[1/5] A view shows migrants camp outside the immigration detention center where several migrants died after a fire broke out at the center, in Ciudad Juarez, Mexico April 10, 2023. The fire, which authorities say began after one or more of the migrants set alight mattresses as a protest, claimed the lives of 40 male migrants, most of them from Central America. "Today we discussed the possibility of some being accused of negligence, others of homicide," Lopez Obrador said, noting prosecutors have yet to give more details of the probe. Lopez Obrador said Tuesday the migrants were unable to escape from the facility located near the U.S. border because the person holding the key to their cell was absent. The prosecutors' statement Tuesday accused top immigration officials of failing to "watch over, protect and ensure the safety of the people and facilities in their charge."
Mexico investigates top migration officials after deadly fire
  + stars: | 2023-04-12 | by ( ) www.reuters.com   time to read: +2 min
MEXICO CITY, April 11 (Reuters) - Mexican prosecutors have launched criminal proceedings against top immigration officials as they investigate a fire that killed 40 migrants in a detention center last month, the Attorney General's office said on Tuesday. The Attorney General's office said in a statement it had launched criminal proceedings against six public officials in connection with the fire, identifying them only by first name, as is customary in Mexico. It did not specify whether the people had been charged or would face charges, and neither the office nor INM provided additional details. "They indicate a pattern of irresponsibility," the Attorney General's office said. The statement also alleged that Gonzalez and three other officials were linked to conduct that led to the deaths of the migrants.
REUTERS/Jose Luis GonzalezEl PASO, April 1 (Reuters) - After her husband survived a fire which killed dozens of migrants at a detention center in northern Mexico, Venezuelan Viangly Infante crossed into the United States on Saturday, in search of new opportunities for her three children. "The storm has passed," Infante, 31, said while holding back tears as she walked to the vehicle which would take her to a migrant center in El Paso. The family had arrived in Ciudad Juarez just before the new year, but only Caraballo managed to cross into the United States. Mexican authorities have shut down the detention center and arrested five people over the migrants' deaths, including INM staff, a private security agent, and a Venezuelan accused of starting the fire. In the days following the fire, the U.S government announced it would aid those affected, with Infante's family the first to receive help.
She did not know if the absent migration officer had taken the keys to the men's unit with him or if they had been stored on site, she said. Mexican officials on Thursday arrested five people suspected of involvement in the fire, after obtaining arrest orders for three INM officers, two private security officers and the person accused of starting the fire. "He returned when we were already outside; I was with the women," Hinojosa said. Officials have said they will replace CAMSA's services with federal guards in Chihuahua state, where Ciudad Juarez is located, and flagged concern over whether the company's guards were properly trained. "We are the support," she said, referring to her role helping migration officers.
Migrants said a new U.S. government app meant to streamline the process of securing asylum appointments from outside the United States has left them feeling fed up and helpless. A false rumor circulated on social media Wednesday that migrants surrendering at a specific spot at the border would be able to freely cross into U.S. territory. As they waited for a chance to cross the border, Border Patrol agents and Texas National Guard troops stood motionless in front of the massive metal gate, preventing them from getting through. Multiple migrants said they tried unsuccessfully to obtain a virtual appointment to start the asylum process in the U.S. Since the Biden administration rolled out the app in January, asylum seekers have complained of glitches, high demand, and a lack of appointments.
CIUDAD JUAREZ, Mexico, March 29 (Reuters) - Migrants were locked in a cell as a blaze spread killing 39 people at a detention center in Mexico, witnesses and a survivor said on Wednesday, as Mexico's president vowed to bring to justice those responsible. "There'll be no attempt to hide the facts, no attempt to cover for anyone," he told a news conference in Mexico city. All the victims were male, and Mexico's government is under pressure to find out why they died after officials said the women migrants at the center were successfully evacuated. Outside a hospital in Ciudad Juarez, which sits across the border from El Paso, Texas, family members anxiously waited for news of their loved ones who had been injured in the fire. Reporting by Lizbeth Diaz in Ciudad Juarez and Daina Beth Solomon, Dave Graham and Valentine Hilaire in Mexico City; Writing by Anthony Esposito; Editing by Jonathan Oatis and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.
MEXICO CITY, March 6 (Reuters) - Mexican authorities found 103 unaccompanied minors mostly from Guatemala inside an abandoned truck trailer in the eastern Mexican state of Veracruz, the government said on Monday, in one of the biggest recent discoveries of migrant children traveling through Mexico. In addition to the 103 children, authorities found 212 adults from Guatemala, Honduras, El Salvador and Ecuador in the trailer, the National Migration Institute (INM) said in a statement. Another 28 migrants traveling as families from Guatemala and El Salvador were also in the trailer, bringing the total number of passengers to 343. It was outfitted with fans, a partially ventilated roof and a structure that created a second level inside the trailer. Earlier this year, Mexican authorities found 57 unaccompanied minors from Guatemala at a checkpoint near the U.S.-Mexico border, and 20 other unaccompanied minors in a group of mostly Central Americans in the southern state of Chiapas.
REUTERS/Jose Luis GonzalezMEXICO CITY, Feb 27 (Reuters) - Dozens of migrant families are splitting up at Mexico's northern border as they struggle to secure U.S. asylum appointments on a government app beset by high demand and persistent glitches, migrants and advocates say. The 15-year-old decided to turn himself in at the border after his pregnant mother could only secure a solo appointment, Santiago said. U.S. President Joe Biden's administration made the app, called CBP One, directly available to asylum seekers in mid-January, aiming to make asylum requests at the border safer and more orderly. On a recent morning at a shelter in the Mexican border city of Ciudad Juarez, migrants awoke in the middle of the night to upload applications, including a selfie photo scan prone to slow processing. Her husband traveled to the Mexican border city of Nogales alone last week for his appointment, scheduled for March 3.
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