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☆ Hurricane John slams into Mexico’s southern coast after rapidly intensifying
▼ + stars: | 2024-09-24 | by ( Chris Lau | Gene Norman | ) edition.cnn.com time to read: +2 min

CNN —Hurricane John struck Mexico’s southern coast on Monday night after rapidly strengthening into a major Category 3 storm, triggering warnings of ‘life-threatening’ floods and mudslides. Oaxaca state is a popular tourist spot known for its beautiful landscapes and beaches. Fishermen return to shore ahead of the arrival of Hurricane John in Salina Cruz, Oaxaca State, Mexico, on September 23, 2024. The Salina Cruz Port is seen closed ahead of the arrival of Hurricane John in Salina Cruz, Oaxaca State, Mexico, on September 23, 2024. The rainfall could cause a life-threatening storm surge, producing significant coastal flooding near the landfall location, the National Hurricane Center said.

Persons: John, Hurricane, Rusvel Rasgado, Ana Aldai, ” Organizations: CNN, National Hurricane Center, Getty, Associated Press, AP Locations: Mexico’s, Marquelia, Guerrero, Mexican, Chiapas, Oaxaca, Salina Cruz, Oaxaca State, Mexico, AFP, Puerto Escondido, Salina Cruz Port

CNN —Hurricane John struck Mexico’s southern coast on Monday night as a Category 3 storm after rapidly strengthening in the Pacific, triggering warnings of “life-threatening” floods and mudslides. John has since weakened to a tropical storm and is slowing as it moves northwest of the coastal city of Acapulco in Oaxaca state. Fishermen return to shore ahead of the arrival of Hurricane John in Salina Cruz, Oaxaca State, Mexico, on September 23, 2024. The Salina Cruz Port is seen closed ahead of the arrival of Hurricane John in Salina Cruz, Oaxaca State, Mexico, on September 23, 2024. The government of Mexico has as changed the hurricane warning from east of Acapulco to Lagunas de Chacahua to a tropical storm warning.

Persons: John, National Hurricane Center . John, Hurricane, Rusvel Rasgado, Ana Aldai, ”, Chacahua Organizations: CNN, National Hurricane Center ., National Hurricane Center, Getty, Associated Press, AP Locations: Mexico’s, Marquelia, Guerrero, Acapulco, Oaxaca, ”, Mexico, Salina Cruz, Oaxaca State, AFP, Puerto Escondido, Salina Cruz Port, Lagunas, Chiapas

U.S. West Texas Intermediate (WTI) crude fell 97 cents, or 1.3%, to settle at $71.86. A stronger dollar can weigh on oil demand by making the fuel more expensive for holders of other currencies. High interest rates boost borrowing costs, which can slow the economy and reduce oil demand. The strength of April U.S. economic data in addition to optimism about the debt ceiling negotiations have strengthened market expectations of a further hike, ANZ Research said in a note on Thursday. Another factor that could reduce oil demand was a fire in Mexico at the Salina Cruz refinery owned by Mexican state oil company Pemex.

MEXICO CITY, May 8 (Reuters) - The Mexican government on Monday set out fresh details of a plan to attract businesses to a corridor straddling a narrow isthmus of southern Mexico, part of a larger push to pump investment into the relatively poor region. The plan, called the Inter-Oceanic Corridor, will include 10 new industrial parks along the stretch connecting the Pacific port of Salina Cruz in Oaxaca state with the Gulf coast hub of Coatzacoalcos in Veracruz state, officials said. Officials also hinted at plans to construct four wind plants across the area, home to major installations of state-run oil company Pemex. Another reason to push manufacturing to the south is that the north - which benefits from its proximity with the United States - is facing a drought, officials say. Reporting by Kylie Madry; Writing by Brendan O'Boyle; Editing by David Alire GarciaOur Standards: The Thomson Reuters Trust Principles.

☆ Mexican officials roll out investment plans for southern corridor
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +2 min

Officials announced details for 10 industrial parks along the corridor connecting the Pacific port of Salina Cruz in Oaxaca state with the Gulf coast hub of Coatzacoalcos in Veracruz state. Four of the parks will be located in Veracruz and six in Oaxaca, officials said during an event touting the potential of the Interoceanic Corridor development plan. Lopez Obrador has repeatedly argued that southern states like Oaxaca are prime for investment versus the country's more industrial north. He has also touted southern Mexico's more ample water resources. The minister added that the Interoceanic Corridor project will be presented to companies from the United States, Canada, Taiwan and Germany, among others.

[1/5] A Cuban tanker ship enters Havana's bay with a sign that reads in Spanish: "No more blockade", referring to the trade embargo on Cuba imposed by the U.S., Havana, Cuba, April 25, 2023. Venezuela's oil exports to Cuba so far this year have dropped to 55,000 barrels per day (bpd) from almost 80,000 in 2020. Cuba has also imported since November at least five cargoes from Russia, a long-time supplier, as well as fuel from Caribbean terminals and Europe, the data shows. Officials also blame U.S. sanctions, which complicate the financing and transport of fuel to Cuba, for the crisis. Venezuela's state oil company PDVSA and oil ministry, Pemex, and Mexico's foreign ministry did not reply to requests for comment.

☆ In Mexico, a reporter published a story. The next day he was shot dead
▼ + stars: | 2023-01-21 | by ( Sarah Kinosian | ) www.reuters.com time to read: +10 min

One man got out, walked inside and shot the 42-year-old journalist dead. As he lay dead, a nearby patrol car responded to an emergency call, intercepted the pickup and arrested the two men. "In silence zones people don't get access to basic information to conduct their lives," said Jan-Albert Hootsen, CPJ's Mexico representative. One of those killed was Gustavo Sanchez, a journalist shot at close range in June 2021 by two motorcycle-riding hitmen. "You would think the biggest enemy would be armed groups and organized crime," said journalist Patricia Mayorga, who fled Mexico after investigating corruption.

☆ In Mexico, a reporter published a story. The next day he was dead
▼ + stars: | 2023-01-21 | by ( Sarah Kinosian | ) www.reuters.com time to read: +10 min

A day earlier, Lopez–who ran two online news sites in the southern Oaxaca state–had published a story on Facebook accusing local politician Arminda Espinosa Cartas of corruption related to her re-election efforts. As he lay dead, a nearby patrol car responded to an emergency call, intercepted the pickup and arrested the two men. "In silence zones people don't get access to basic information to conduct their lives," said Jan-Albert Hootsen, CPJ's Mexico representative. The infrastructure was a part of the Interoceanic Corridor–one of Lopez Obrador's flagship development projects in southern Mexico. "You would think the biggest enemy would be armed groups and organized crime," said journalist Patricia Mayorga, who fled Mexico after investigating corruption.

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