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Sheinbaum, a 61-year-old former Mexico City mayor and longtime political ally of Lopez Obrador, hit all the right notes in thanking him. Lopez Obrador promises to ‘retire completely’Schettino believes the immensely popularly Lopez Obrador views Sheinbaum as his extension in power. In 2012, Lopez Obrador created Morena as a political party. “President López Obrador, a dinosaur who not only is a dinosaur, but also has the vocation of a tyrant. Earlier this year, Lopez Obrador denied he had any favorites among his party’s hopefuls or that he was pushing for one candidate or another behind the scenes.
Persons: Andrés Manuel López Obrador, Claudia Sheinbaum, Lopez Obrador, Morena, Sheinbaum, , , Xochitl Gálvez, It’s, Lopez, Xochitl Galvez, wasn’t, Gálvez, López Obrador, Vicente Fox, Gálvez unapologetically, Macario, she’s, don’t, ” Schettino, , let’s, it’s, ” Sheinbaum, , Schettino, hew Organizations: CNN, Mexico City, Broad Front, PAN, PRI, PRD, Front, Mexican Congress, Social, Institutional Revolutionary Party, Party of Democratic Locations: Mexico City, Mexico, Monterrey, Mexican, Mexico’s
Death toll in Mexican church collapse during mass rises to 10
  + stars: | 2023-10-02 | by ( ) www.reuters.com   time to read: +2 min
[1/5] Rescue team work near the church, after the roof collapsed, in Ciudad Madero, in Tamaulipas state, Mexico, October 1, 2023. Five women, two men and three children were among those killed at the church in the Gulf Coast city of Ciudad Madero in Tamaulipas state, state governor Americo Villarreal said. Footage posted on social media showed the moment the church roof caved in, puffs of gray smoke billowing into the air, followed by the toppling of yellow brick outer walls. Mexican media reported that several children were baptized during the Sunday Mass at the church. Bishop Jose Armando Alvarez from the Roman Catholic Diocese of nearby Tampico said the church roof crumbled as worshippers were receiving communion and asked others to pray for survivors.
Persons: El Citadino, Americo Villarreal, Villarreal, Andres Manuel Lopez Obrador, Bishop Jose Armando Alvarez, Nestor Javier Lopez, Kylie Madry, Raul Cortes, Laura Gottesdiener, David Gregorio Our Organizations: REUTERS, Rights, Roman Catholic Diocese, Reforma, Thomson Locations: Ciudad Madero, Tamaulipas, Mexico, El, Rights MONTERREY, Gulf Coast, Tampico, Mexico City, Monterrey
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
[1/2] Mexico's President Andres Manuel Lopez Obrador and Chile's President Gabriel Boric (not pictured) deliver a statement to the media at La Moneda government palace in Santiago, Chile, September 10, 2023. Some 6,000 people are entering southern Mexico daily, Lopez Obrador said, and even higher numbers have been reaching the U.S.-Mexico border. "Last week, 10,000 migrants reached the northern border every day," Lopez Obrador said at his regular morning press conference. 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 emphasized officials must address root causes driving migration, including people's need to find work and improve their living conditions.
Persons: Andres Manuel Lopez Obrador, Gabriel Boric, Ivan Alvarado, Lopez Obrador, Laura Gottesdiener, Raul Cortes, Aurora Ellis Organizations: La, REUTERS, Rights, U.S, Sunday, Thomson Locations: Santiago , Chile, Rights MONTERREY, Mexico, U.S, Mexican, Chiapas, Monterrey, Mexico City
Death Toll in Mexican Church Collapse During Mass Rises to 10
  + stars: | 2023-10-02 | by ( Oct. | At A.M. | ) www.usnews.com   time to read: +1 min
MONTERREY, Mexico (Reuters) - The death toll caused by the collapse of a church roof during a Sunday Mass in northern Mexico has risen to 10, and another 60 people were injured, officials said on Monday, as local authorities began wrapping up search and rescue efforts. Five women, two men and three children were among those killed at the church in the Gulf Coast city of Ciudad Madero in Tamaulipas state, state governor Americo Villarreal said. Footage posted on social media showed the moment the church roof caved in, puffs of gray smoke billowing into the air, followed by the toppling of yellow brick outer walls. Mexican media reported that several children were baptized during the Sunday Mass at the church. Bishop Jose Armando Alvarez from the Roman Catholic Diocese of nearby Tampico said the church roof crumbled as worshippers were receiving communion and asked others to pray for survivors.
Persons: Americo Villarreal, Villarreal, Andres Manuel Lopez Obrador, Bishop Jose Armando Alvarez, Nestor Javier Lopez, Kylie Madry, Raul Cortes, Laura Gottesdiener, David Gregorio Organizations: Roman Catholic Diocese, Reforma Locations: MONTERREY, Mexico, Gulf Coast, Ciudad Madero, Tamaulipas, Tampico, Mexico City, Monterrey
[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
[1/2] A general view shows the of headquarters of Banorte Bank in Monterrey, Mexico, June 17, 2019. Picture taken June 17, 2019. REUTERS/Daniel Becerril/File Photo Acquire Licensing RightsMEXICO CITY, Sept 27 (Reuters) - Mexican bank Banorte plans to hire between 1,000 and 1,200 more employees to handle operations related to nearshoring, amid an expected boom in activity from global manufactures wishing to relocate their factories, a company executive said on Wednesday. The latest hiring estimate marks an increase from Banorte's March announcement that it would hire 800 new employees to tap into nearshoring, in which businesses set up shop in Mexico near the U.S. border. Banorte projects the trend could generate an additional 30% in exports from Mexico over the next five years, totaling $168 billion.
Persons: Daniel Becerril, Alejandro Padilla, Banorte's, nearshoring, Marion Giraldo, Carolina Pulice, Isabel Woodford, Leslie Adler Organizations: Banorte Bank, REUTERS, Thomson Locations: Monterrey, Mexico, MEXICO, U.S, Nearshoring, North America, Asia
[1/5] Migrants wait behind razor wire after crossing the Rio Grande into the United States in Eagle Pass, Texas, U.S., September 28, 2023. Reuters witnessed migrants crossing, sometimes dozens at a time and at times with small children, navigating strong currents to then make their way through the sharp wire put up by the Texas national guard. Once on U.S. soil they waited in the hot sun to turn themselves in to U.S. border officials for processing. Earlier this month nine migrants died as they were trying to cross the river into Eagle Pass. The Department of Homeland Security and Texas state officials did not respond to requests for comments on the crossings in Eagle Pass.
Persons: Brian Snyder, Joe Biden, Biden, Donald Trump, Greg Abbott, Abbott, Jason Owens, Owens, Johendry Chourio, Daniel Becerril, Laura Gottesdiener, Mica Rosenberg, Rosalba O'Brien Organizations: REUTERS, PASS, Texas, Texas Republican, Democrat, Border Patrol, U.S, Department of Homeland Security, Thomson Locations: Rio Grande, United States, Eagle Pass , Texas, U.S, Texas, PIEDRAS NEGRAS, Mexico, Venezuela, America, Eagle, Mexican, Piedras Negras, Eagle Pass, Monterrey, New York
Ana-Maria Jaramillo introduced her now husband, Gus May, to breakfast tacos when they met in 2017. They agreed that if their relationship became more serious, they'd bring breakfast tacos to DC. AdvertisementAdvertisementAna-Maria Jaramillo grew up eating homemade breakfast tacos on a flour tortilla — and figured almost everyone else did, too. La Tejana serves up breakfast tacos in Washington, DC. Jaramillo introduced May to breakfast tacos in 2017.
Persons: Ana, Maria Jaramillo, Gus May, , Jaramillo, Tejana, — Jaramillo, she'd, May, It's, Maria, Suzannah Hoover, That's, fryer, " Jaramillo, that's, We've, we've, we're Organizations: DC, Small, Service Locations: Monterrey, Mexico, McAllen , Texas, Austin, Washington ,, Washington , DC, Washington, Texas, Mount Pleasant, Pleasant, La
About 8,000 trailers carrying an estimated $1 billion worth of goods have been stranded on the Mexican side over the past week, said Manuel Sotelo, president of the transport association of Ciudad Juarez, a major manufacturing hub across from El Paso, Texas. The delays forced a Canadian snowmobile and off-road vehicle manufacturer to suspend production on Monday and Tuesday at three factories in Ciudad Juarez that employ some 9,000 people. "Due to the waiting times on the international bridges in Ciudad Juarez, we have had a significant reduction in the volume of units that we can export daily," the Quebec-based company, BRP, said in a statement. Jesus Salayandía, a representative of the Mexican industry association Canacintra, said he expected other companies in Ciudad Juarez would announce temporary work stoppages if the long wait times at the border continue. U.S. border authorities suspended cargo processing at one of El Paso's international bridges last week to shift officers to process more migrant arrivals.
Persons: Manuel Sotelo, Sotelo, Jesus Salayandía, Ferromex, Jose Luis Gonzalez, Laura Gottesdiener, Isabel Woodford, Sonali Paul Organizations: . Customs, Border Protection, Patrol, U.S ., Ciudad, Reuters, BRP, El, U.S . Customs, Protection, Union Pacific, Wednesday . Union Pacific, Thomson Locations: Zaragoza, Ysleta, U.S, Cordova, Americas, CIUDAD JUAREZ, Mexico, Ciudad Juarez, El Paso , Texas, New Mexico, Arizona, Texas, Canadian, Quebec, Mexican, United States, Eagle Pass , Texas, Monterrey, Mexico City
MONTERREY, Mexico, Sept 26 (Reuters) - Mutilated corpses and severed body parts were found dumped in seven locations across the metropolitan area of the Mexican city of Monterrey on Tuesday in a spate of violence that unnerved residents of Mexico's industrial capital. Authorities said they are still analyzing the dismembered body parts to try to identify how many people had been killed. Local media has reported there could be up to 12 victims and that some of the body parts were discovered in coolers. The gruesome discoveries recalled a bloody period in the 2010s when cartel conflicts engulfed the city and bodies were left in the streets or hanging from bridges. The brutality of the violence had subsided in Monterrey, which was recently chosen to be the home of a new Tesla (TSLA.O) car plant.
Persons: Pedro Jardon, Laura Gottesdiener, Chris Reese Organizations: Authorities, Northeast, Thomson Locations: MONTERREY, Mexico, Mexican, Monterrey, Tamaulipas, Nuevo Leon
MEXICO CITY (AP) — A Mexican mother bravely shielded her son after a bear leapt on a picnic table and devoured the tacos and enchiladas meant for the boy’s birthday dinner, inches from his face. Silvia Macías of Mexico City had traveled to the Chipinque Park on the outskirts of the northern city of Monterrey to celebrate the 15th birthday of her son, Santiago, who has Down syndrome. Soon after they sat down to eat the food they had brought, the bear showed up and gulped down french fries, enchiladas, tacos and salsa. “The worst thing was that Santiago might get scared," Macías recalled Tuesday in an interview with The Associated Press. I was afraid that if he got scared or screamed or scared the bear, that the bear would react,” she said of the incident Monday.
Persons: Silvia Macías, Santiago, Angela Chapa, Macías, “ Santiago, , Chapa, Angela, tacos, doesn't, Organizations: MEXICO CITY, Associated Press Locations: MEXICO, Mexican, Mexico City, Monterrey, Santiago
The logo of Mexican cement maker CEMEX is pictured at it's plant in Monterrey, Mexico June 8, 2021. REUTERS/Daniel Becerril/File Photo Acquire Licensing RightsMEXICO CITY, Sept 21 (Reuters) - Mexican cement maker Cemex is in talks to refinance its entire $3 billion credit facility with banks, Bloomberg reported on Thursday, citing company executives. "We're in current discussions with our banks, because the biggest amount of debt that is maturing is bank debt," Chief Financial Officer Maher Al-Haffar was quoted as saying in an interview. A Cemex spokesperson pointed Reuters to prior earnings calls in which executives had discussed the potential of a refinancing. Last year, ratings agency S&P estimated that in 2023 and 2024, Cemex would face "debt maturities of less than $500 million," noting that the amount was "highly manageable."
Persons: Daniel Becerril, Maher Al, Haffar, Fernando Gonzalez, Fitch, Cemex, Gonzalez, Kylie Madry, Isabel Woodford, Richard Chang Organizations: REUTERS, Bloomberg, Mexico City, Thomson Locations: Monterrey, Mexico, MEXICO, Mexican, Costa Rica, El Salvador, Europe
Biden in May rolled out a new policy to deter illegal crossings, including deporting migrants and banning re-entry for five years, as his administration grappled with migration at record highs. He praised Biden for creating legal pathways for migrants but said they needed to be expanded. Hundreds of migrants who crossed without appointments have been forced to wait between two border walls. Within the last eight days, U.S. Customs and Border Protection (CBP) had processed more than 5,000 migrants in the San Diego area, a San Diego official said on Thursday. An unprecedented number of migrants entering Mexico hail from othercontinents, as the trek to the U.S. southern border increasingly becomes a global migration route.
Persons: Jose Luis Gonzalez, Joe Biden, Biden, Andrew Selee, Andres Manuel Lopez Obrador, Oscar Suarez, Suarez, Enrique Lucero, Giuseppe Loprete, don't, Lopez Obrador, Lizbeth Diaz, Laura Gottesdiener, Beth Solomon, Adrees Latif, Mike Blake, Ted Hesson, Rosalba O'Brien Organizations: U.S, REUTERS, Rights, Migration Policy Institute, Tijuana, U.S . Customs, Border Protection, San Diego, CBP, Migrants, Pacific, International Organization for Migration, IOM, Thomson Locations: United States, Rio Bravo, Mexico, Ciudad Juarez, California, Texas, Mexican, San Diego , California, El Paso, Central, South America, San Diego, Tijuana, U.S, Grande, Eagle, Panama, Darien, othercontinents, Monterrey, Mexico City, Washington
Mexico is now America's top trade partner thanks to US-China tensions and "nearshoring." AdvertisementAdvertisementMexico's infrastructure is not readyBeing a more attractive trade partner to the US is one thing. China is now Mexico's largest trading partner globally, and Mexico is already China's second-largest trade partner in Latin America. China's Foreign Direct Investment in Mexico is still small (about 1% of Mexico's Foreign Direct Investment) but it is its fastest-growing source of outside investment. If Mexico's economy is going to surge, it needs to be more than just a middleman.
Persons: Luis Torres, , Tesla, JULIO CESAR AGUILAR, Xi Jinping, Lintao Zhang, Kearney, Gerardo Esquivel Organizations: Service, Federal Reserve Bank of, Foreign, Investment, Bloomberg, Getty, Publishing Locations: Mexico, China, Wall, Silicon, Federal Reserve Bank of Dallas, Monterrey, Nuevo Leon, Nuevo León, Latin America, Yantai, Shandong Province, Mexican, United States
FILE PHOTO:Soccer Football - Liga MX Femenil - Monterrey v Pachuca - Estadio BBVA, Monterrey, Mexico - September 15, 2023 Pachuca's Jenni Hermoso after the match. After most of Spain's World Cup winning squad were selected for upcoming games earlier on Monday, the players said they would continue their boycott, which came after Luis Rubiales kissed Hermoso on the lips during the trophy presentation ceremony in Australia. Victor Francos, the head of Spain's government national sports agency, told SER radio station if the players did not show up "the government must apply the law". "It is yet more irrefutable proof that shows that even today, nothing has changed." Montse Tome, who has replaced Jorge Vilda as coach of the national team, suggested Hermoso was left out of the squad because of the intense media attention she had received in the past month.
Persons: Jenni Hermoso, Luis Rubiales, Hermoso, Victor Francos, Tome, Jorge Vilda, Jenni, Angelica Medina, Peter Rutherford Organizations: Football, Pachuca, Estadio BBVA, Spain's, Spanish, SER, Thomson Locations: Monterrey, Mexico, Spanish, Australia, Mexico City
Former Mexican Senator Xochitl Galvez takes a selfie with a woman after a private event as she pursues the Frente Amplio por Mexico opposition alliance's candidacy for the 2024 presidential election, in Monterrey, Mexico, August 19, 2023. REUTERS/Daniel Becerril Acquire Licensing RightsMEXICO CITY, Aug 31 (Reuters) - Mexican senator Xochitl Galvez will on Sunday officially become the 2024 presidential candidate of an alliance of opposition parties, representatives of the alliance said on Thursday during an event. On Wednesday, Galvez effectively secured the candidacy when a key party in the alliance backed her at the expense of its own contender. read moreReporting by Lizbeth DiazOur Standards: The Thomson Reuters Trust Principles.
Persons: Xochitl Galvez, Daniel Becerril, Galvez, Lizbeth Diaz Organizations: Frente Amplio, REUTERS, MEXICO CITY, Sunday, Thomson Locations: Mexico, Monterrey, MEXICO
Tickets for the Leagues Cup final are going fast, and prices are skyrocketing. If you suddenly feel messy for soccer and can't make it in person, we'll show you how to watch Messi and Inter Miami vs. Nashville in the Leagues Cup final live stream. Deal Apple TV Plus (Monthly Plan) New and returning subscribers can enjoy seven days of Apple TV+ for free! How to watch Messi and Inter Miami vs. Nashville Leagues Cup Final live stream from anywhereApple TV's MLS Season Pass add-on is available in nearly every country Apple TV Plus is available in. MLS Leagues Cup Final scheduleA third-place matchup will precede the Leagues Cup Final.
Persons: Lionel Messi, Messi, Read, We've, FuboTV, ExpressVPN, CEST, AEST Organizations: MLS, Inter Miami, Leagues, Nashville, Apple TV, Apple, Miami, TV, Plus, Insiders, Philadelphia Locations: Miami, Philadelphia, United States, Turkey, Jamaica, Iceland, Albania, Romania, Russia, Nigeria, Kenya, South Africa, Singapore, China, Monterrey
CNN —In just one month with Inter Miami, Argentine superstar Lionel Messi already has his team reaching new heights. Messi’s goal against Philadelphia was his ninth in just six games since joining Inter, scoring in each of his six matches so far to sit atop the Leagues Cup scoring chart. After Josef Martinez opened the scoring for Miami, Messi scored in the 20th minute with a low rocket from more than 30 yards out. In the other Leagues Cup semifinal Tuesday, Nashville SC defeated Monterrey 2-0 to set up a final against Miami. The Leagues Cup, an annual tournament between MLS and Mexico’s Liga MX, was expanded this year to include all teams in each league.
Persons: Lionel Messi, Messi, Gonzalo Higuain, Josef Martinez, Andre Blake, Jordi Alba, Alejandro Bedoya, David Ruiz Organizations: CNN, Inter Miami, Philadelphia Union, Miami, CONCACAF Leagues, Philadelphia, Inter, Leagues, Nashville SC, Monterrey, MLS, Liga Locations: Argentine, Spanish, Philadelphia, Nashville , Tennessee
Messi magic continues as Inter Miami reach Leagues Cup final
  + stars: | 2023-08-16 | by ( ) www.reuters.com   time to read: +1 min
[1/5] Aug 15, 2023; Chester, PA, USA; Inter Miami CF forward Lionel Messi (10) misses a shot against the Philadelphia Union the second half at Subaru Park. Mandatory Credit: Bill Streicher-USA TODAY Sports Acquire Licensing RightsAug 15 (Reuters) - Lionel Messi notched his ninth goal in six matches as Inter Miami crushed Philadelphia Union 4-1 to reach the Leagues Cup final on Tuesday. Philadelphia, who made the MLS Cup final last year and have a dominant record at home, were poised to be Miami's biggest test since the latter added the Argentinean striker to their roster last month. Miami will face either CF Monterrey or Nashville SC, who play later on Tuesday, in Saturday's Leagues Cup final, Miami's first final appearance in club history. The win also mean Miami will play in their first ever CONCACAF Champions League next year.
Persons: Lionel Messi, Bill Streicher, Josef Martinez, Serhiy Kryvtsov, Messi, Martinez, Andre Blake, Jordi Alba, Alejandro Bedoya, David Ruiz, Miami's, Rory Carroll, Muralikumar Organizations: Inter Miami CF, Philadelphia Union, Subaru Park, Inter Miami, Philadelphia, Leagues, MLS, Miami, Union, CF Monterrey, Nashville SC, Saturday's Leagues, CONCACAF Champions League, Thomson Locations: Chester , PA, USA, Philadelphia, Miami, Los Angeles
Lucía Vidales didn’t intend to be a painter, at least not a traditional one. When she enrolled as an undergraduate at the National Institute of Fine Arts in her native Mexico City, she thought of painting as “conservative,” she says. At the time, the artist, now 37, was working mostly with garbage and other found objects, continuing a practice she had begun as a teenager living in Hong Kong, where she attended an international high school on a scholarship: “I didn’t want to relate my work to canvas or frames.”That changed as she learned more about art history, especially the era of pintura virreinal (“viceregal painting”) that spanned Spanish colonization to Mexican independence. Vidales — who now resides in Monterrey, where she is an instructor at the University of Monterrey — says she became intrigued by the “tensions between Hispanic traditions in terms of technique, iconography and how they understood the world.” She began to wonder how her own work could relate to a cultural canon that, however fascinating, she says, “is so problematic and kind of foreign and violent.”
Persons: Lucía, , , Vidales —, University of Monterrey — Organizations: National Institute of Fine Arts, University of Monterrey Locations: Mexico City, Hong Kong, Monterrey
Mr. Solis, who earns about $3,500 a month delivering for apps like DoorDash, used to send about $1,500 monthly. Since the spring, he has had to send more than $2,000 to cover the same expenses, something he does by working longer days. That means each dollar Mr. Solis sends covers less of the budget back home. In 2022, those working abroad, primarily in the United States, sent more than $61 billion to Mexico. The largest portion of that money goes to food and clothes, followed by health care, according to the Wilson Center, a Washington research organization.
Persons: Antonio Solis, Solis Organizations: Wilson Locations: New York City, Monterrey, Mexico, India, United States, Washington
[1/5] Boards displaying the exchange rate of the Mexican peso against the U.S. dollar are pictured outside exchange houses in Ciudad Juarez, Mexico July 27, 2023. But emergence of the phenomenon known as the "super peso" means those dollars no longer go as far as they did. "The purchasing power of remittances has deteriorated due to peso appreciation," said Carlos Serrano, chief economist at bank BBVA Mexico. "You can see it hitting lower-income families ... in states that bring in most remittances." Georgina Cardenas, 34, said the $1,200 a month she receives from her builder husband in the United States "used to be enough for my two children" and other expenses.
Persons: Jose Luis Gonzalez, Adriana Sanchez, Sanchez, it's, Andres Manuel Lopez, Carlos Serrano, Pablo Lopez Sarabia, Manuel, there's, Veronica, They're, Georgina Cardenas, Lizbeth Diaz, Noe Torres, Dave Graham, Aurora Ellis Organizations: U.S ., REUTERS, BBVA Mexico, Reuters, Tecnologico de Monterrey, Thomson Locations: Ciudad Juarez, Mexico, TLAXCALA, United States, Asia, Tlaxcala, Mexico City, U.S, California
Sergio Arguelles, president of the Mexican Association of Private Industrial Parks (AMPIP), said parks' investment in state energy assets today is unprecedented. "Mexico would be very well positioned to take advantage of nearshoring if it didn't have such an energy problem," he said. THE SHRINKING STATEMexico's approach to its groaning electricity grid is in contrast to its fast-growing peers, which tend to either incentivize private energy contractors or have state utility companies with deep pockets. Still, there is some hope for the new wave of 47 planned industrial parks. Yet critics say Mexico's push for state control over energy distribution while also neglecting it is self-sabotage.
Persons: Daniel Becerril, Sergio Bermudez, Barbie, Mattel, Bermudez, , Eduardo Martinez, Sergio Arguelles, Aaron Gallo, Gallo, Andres Manuel Lopez Obrador's, David Gantz, Electrobras, AMPIP's Arguelles, Lopez Obrador, Ramses Pech, Hans Joachim Kohlsdorf, Zonia Torres, Alfredo Nolasco, Isabel Woodford, Marguerita Choy Organizations: Federal Electricity Commission, REUTERS, MEXICO CITY, Unilever, Mexican Association of Private Industrial Parks, American Industries, Industries, CFE, U.S, Baker Institute, Thomson Locations: Mexico's, Santa Catarina, Monterrey, Mexico, MEXICO, Nuevo Leon, Brazil, Guanajuato
"Tourism has been on the slow burner for decades in the Darien," said longtime Panamanian tour guide Rick Morales. Tourists and migrants rarely meet face to face; the routes are almost always separated by dozens of miles. Reuters GraphicsTrip advertising does not mention the humanitarian crisis. At the same time, it acknowledged a "catastrophic humanitarian crisis" in a separate part of the Darien due to migration. Travel Darien Panama is an Indigenous-owned tour operator that says on its website it aims to help fund schools and improve living conditions in their village.
Persons: Franca Ramirez, Ramirez, Rick Morales, Marco Wanske, Kisbel Garcia, Alejandra Peña, Luis Eguiluz, Lorri Krebs, Mark Fischer, Morales, Carmelita Cansari, Nina Van Maris, Van Maris, Daina Beth Solomon, Laura Gottesdiener, Elida Moreno, Stephen Eisenhammer, Claudia Parsons Organizations: MEXICO CITY, Pan, Organization for Migration, Reuters, Tourists, Reuters Graphics, Adventure Travel Trade Association . Social, REUTERS, UNESCO, Salem State University, Tourism Ministry, U.S ., U.S, U.S . State Department, Big, Maria, Thomson Locations: MEXICO, Panamanian, Venezuela, Darien, Panama, Americas, United States, Mexico, Alaska, Argentina, Afghanistan, Africa, U.S, selfies, Ecuador, Haiti, Acandi, Colombia, Central America, Salem , Massachusetts, Greece, Texas, Travel Darien Panama, Luxembourg, Mexico City, Monterrey, Panama City, Maria Laguna
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