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☆ Mexico's Election Year Deficit Plan Fuels Fear Over Finances
▼ + stars: | 2023-09-11 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +3 min

By Dave Graham and Diego OréMEXICO CITY (Reuters) - The Mexican government's plan to run up the biggest budget deficit in decades during the 2024 general election year could put pressure on public finances and eventually threaten its credit rating, analysts said on Monday. Lopez Obrador last week backed former Mexico City Mayor Claudia Sheinbaum as his party's candidate to succeed him. Historic data show the projected budget deficit for 2024 will be the highest since 1988 as a proportion of GDP. The government's higher spending plans should bolster Latin America's second-biggest economy, which has outpaced forecasts this year, brightening the outlook for 2024. He also noted that since Mexico's current account deficit is currently considerably lower than foreign direct investment, there was a pool of untapped demand in the economy that the government could temporarily offset via higher spending.

Persons: Dave Graham, Diego, Andres Manuel Lopez Obrador, Lopez, Patricia Terrazas, Lopez Obrador, Mexico City Mayor Claudia Sheinbaum, Gabriela Siller, Alberto Ramos, Goldman Sachs, Ramos, Raul Feliz, Feliz, Diego Ore, Noe Torres, Jamie Freed Organizations: MEXICO CITY, Lopez Obrador's, Action Party, PAN, Mexico City Mayor, Banco Base, Bank of Locations: MEXICO, Mexico, Bank of Mexico, Mexico City

REUTERS/Raquel Cunha Acquire Licensing RightsMEXICO CITY, Sept 11 (Reuters) - The Mexican government's plan to run up the biggest budget deficit in decades during the 2024 general election year could put pressure on public finances and eventually threaten its credit rating, analysts said on Monday. Lopez Obrador last week backed former Mexico City Mayor Claudia Sheinbaum as his party's candidate to succeed him. Historic data show the projected budget deficit for 2024 will be the highest since 1988 as a proportion of GDP. The government's higher spending plans should bolster Latin America's second-biggest economy, which has outpaced forecasts this year, brightening the outlook for 2024. He also noted that since Mexico's current account deficit is currently considerably lower than foreign direct investment, there was a pool of untapped demand in the economy that the government could temporarily offset via higher spending.

Persons: Mexico's Finance Ministry Rogelio Ramirez de la O, Marcela Guerra, Raquel Cunha, Andres Manuel Lopez Obrador, Lopez, Patricia Terrazas, Lopez Obrador, Mexico City Mayor Claudia Sheinbaum, Gabriela Siller, Alberto Ramos, Goldman Sachs, Ramos, Raul Feliz, Feliz, Dave Graham, Diego Ore, Noe Torres, Jamie Freed Organizations: Mexico's Finance Ministry, Mexican, REUTERS, Lopez Obrador's, Action Party, PAN, Mexico City Mayor, Banco Base, Bank of, Thomson Locations: Mexico City, Mexico, MEXICO, Bank of Mexico

REUTERS/Raquel Cunha/File Photo Acquire Licensing RightsSept 8 (Reuters) - The U.S. Department of Transportation has told Mexico that it will officially recover a U.S.-given air safety rating next week, Mexican President Andres Manuel Lopez Obrador said on Friday, preempting the much-anticipated decision. Mexico overhauled its civil aviation law, but faced several hurdles in recovering the Category 1 rating. "This is good news," Lopez Obrador said in a regular morning press conference, explaining that Foreign Minister Alicia Barcena had been informed by the U.S. Department of Transportation of the upcoming decision. The tax is currently used to pay off some $4.2 billion in outstanding bonds from the construction of an unfinished airport, which Lopez Obrador scrapped upon his election. Lopez Obrador slammed the ratings agency's decision on Friday, and said he could assure bondholders their investments were safe.

Persons: Andres Manuel Lopez Obrador, Raquel Cunha, Lopez Obrador's, Lopez Obrador, Alicia Barcena, Carrier Aeromexico, Lopez, Fitch, Kylie Madry, David Shepardson, Andrea Ricci, Edmund Blair, Aurora Ellis Organizations: Regeneration, REUTERS, U.S . Department of Transportation, U.S . Federal Aviation Administration, FAA, Reuters, Government, Industry, Carrier, Trust, Thomson Locations: Mexico City, Mexico, U.S

☆ Mexico's Sheinbaum eyes historic presidency as guardian of Lopez Obrador legacy
▼ + stars: | 2023-09-07 | by ( Dave Graham | ) www.reuters.com time to read: +5 min

[1/5] Former Mexico City Mayor Claudia Sheinbaum gestures as she speaks on the day of the announcement of the results of an internal national polling which declared Sheinbaum as the presidential candidate, in Mexico City, Mexico September 6, 2023. loadingSheinbaum and her mentor, President Andres Manuel Lopez Obrador, a trenchant critic of the establishment before he took power, would not meet until years later. On Wednesday, MORENA said Sheinbaum, who in June stood down as Mexico City mayor to pursue the nomination, would be its candidate to succeed Lopez Obrador. Lopez Obrador regularly lambasts adversaries at daily news briefings. Lopez Obrador appointed Sheinbaum city environment minister, and she became a close ally.

Persons: Mexico City Mayor Claudia Sheinbaum, Sheinbaum, Raquel Cunha, Claudia Sheinbaum, Andres Manuel Lopez Obrador, MORENA, Lopez Obrador, Marcelo Ebrard, Xochitl Galvez, Antonio Ocaranza, Ernesto Zedillo, Carlos Salinas, Mexico's, Salinas, Lopez, Rene Cervera, Ebrard, Cervera, Dave Graham, Diego Ore, Aurora Ellis Organizations: Mexico City Mayor, REUTERS, Trade, National Regeneration, Mexico City, Reuters, Stanford University, Institutional Revolutionary Party, Thomson Locations: Mexico City, Mexico, MEXICO, Mexican, Tabasco, MORENA

☆ Mexico president backs ruling party candidate after disputed selection process
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

Mexico's President Andres Manuel Lopez Obrador and Mexico City Mayor Claudia Sheinbaum attend an event to commemorate the 200th Anniversary of the Consummation of the Independence of Mexico outside the National Palace, in Mexico City, Mexico, September 27, 2021. Lopez Obrador rejected Ebrard's demand that the primary be redone, and said he supported Sheinbaum. It's something historic, unprecedented, and I don't see any problem," Lopez Obrador said about the process where Sheinbaum beat out five other contenders. Lopez Obrador suggested Ebrard may choose to run for the presidency as an independent candidate, adding that he is free to do what he considers best. "This type of process has never been done," Lopez Obrador said, referring to the polls of some 12,500 people that resulted in Sheinbaum becoming the MORENA candidate.

Persons: Andres Manuel Lopez Obrador, Mexico City Mayor Claudia Sheinbaum, Henry Romero, Marcelo Ebrard, MORENA, Lopez Obrador, Ebrard, Lopez, Xochitl Galvez, Dave Graham, Stephen Eisenhammer, Mark Porter Organizations: Mexico City Mayor, REUTERS, Regeneration, ' Movement, Thomson Locations: Mexico, Independence, Mexico City, MEXICO, Sheinbaum

Mexico President Andres Manuel Lopez Obrador's steps to roll back reforms aimed at opening Mexico's power and oil markets to foreign competitors ultimately sparked the trade dispute. The steps add to a significant worsening of trade relations between Washington and Mexico City, even as their economic integration grows. Like the energy policies, Washington argues that banning GMO corn for human and animal consumption violates Mexico's obligations under the trade pact. The White House has hoped to avoid escalating energy trade tensions with Mexico as it sought help on immigration and drug trafficking, but talks that began last year have made little progress. In 2022, Mexico had a $130.5 billion goods trade surplus with the United States.

Persons: Katherine Tai, Tatiana Clouthier, Trade Mary Ng, Joe Biden's, Andres Manuel Lopez Obrador's, USTR, Obrador, Biden, Donald Trump, Jarrett Renshaw, David Lawder, Stephen Eisenhammer, Tomasz Janowski Organizations: Trade, Small Business, Export, Washington, United States Trade Representative, United, Chevron, Marathon Petroleum, Comision Federal, Mexico, Ministry, U.S, North American Free Trade, Thomson Locations: Mexican, United States, Mexico, Canada, Mexico City, U.S, United States Mexico Canada, USMCA, Washington, China, Washington's

☆ Mexico's Sheinbaum favorite to win presidential nomination, polls show
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +3 min

Former Mexico City Mayor Claudia Sheinbaum holds a rally at Macroplaza Iztapalapa, pursuing to be the ruling MORENA party's candidate for the 2024 presidential election, in Mexico City, Mexico, August 1, 2023. REUTERS/Henry Romero/File Photo Acquire Licensing RightsMEXICO CITY, Sept 5 (Reuters) - Former Mexico City Mayor Claudia Sheinbaum held a comfortable advantage in the race to be the leftist ruling party's 2024 presidential nominee, according to opinion polls published on Tuesday, the eve of the announcement of the winner. The Sept. 1-2 survey polled 500 Mexican adults and had a margin of error of plus or minus 4.4 percentage points. The Parametria survey had a margin of error of plus-or-minus 3.5 percentage points, and showed Ebrard was the best-known contender in the presidential contest, recognized by 73% of respondents compared to 67% for Sheinbaum. Sheinbaum, a close ally of Lopez Obrador, has been viewed for months as the one to beat.

Persons: Mexico City Mayor Claudia Sheinbaum, Iztapalapa, MORENA, Henry Romero, El, Marcelo Ebrard, Ebrard, Andres Manuel Lopez Obrador, Sheinbaum, El Financiero, Lopez Obrador, Lopez, Lopez Obrador's, Dave Graham, Jonathan Oatis, Ed Tobin Organizations: Mexico City Mayor, REUTERS, National Regeneration, Sheinbaum, Thomson Locations: Mexico City, Mexico, MEXICO, El, MORENA

☆ Mexican Senator Xochitl Galvez hailed as opposition candidate for 2024 election
▼ + stars: | 2023-09-03 | by ( ) www.reuters.com time to read: +2 min

[1/5] Mexican Senator Xochitl Galvez speaks at a rally to be announced as the opposition Broad Front for Mexico 2024 presidential candidate, in Mexico City, Mexico September 3, 2023. REUTERS/Henry Romero Acquire Licensing RightsMEXICO CITY, Sept 3 (Reuters) - Thousands of supporters celebrated the nomination of Mexican Senator Xochitl Galvez on Sunday as the 2024 presidential candidate of an opposition alliance set to take on the country's ruling party. Galvez, a spirited communicator who has energized the opposition, is seen as the main candidate to take on President Andres Manuel Lopez Obrador's National Regeneration Movement (MORENA), which is due to announce its own candidate on Sept. 6. Supporters could be heard chanting "we are going to win" as they waved flags and banners supporting Galvez's nomination and the alliance. Representatives of the coalition, the center-right PAN, the leftist PRD and the once-powerful PRI party - which supported Galvez at the expense of its own challenger, Beatriz Paredes - had called for Galvez's nomination earlier in the week.

Persons: Xochitl Galvez, Henry Romero, Galvez, Andres Manuel Lopez, Lopez Obrador, Hector Chavez, Beatriz Paredes, Aida Pelaez, Fernandez, Cassandra Garrison, Alberto Fajardo, Liamar Ramos, Deepa Babington, Diane Craft Organizations: REUTERS, Regeneration, Frente Amplio, PAN, PRD, PRI, Thomson Locations: Mexico, Mexico City, MEXICO

☆ Mexico president attacks Reuters report on narco remittances
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +3 min

Mexico's President Andres Manuel Lopez Obrador speaks during a news conference at the Secretariat of Security and Civilian Protection in Mexico City, Mexico March 9, 2023. "Reuters, they are some deceivers, liars," López Obrador said during his regular news conference, which is held every weekday morning. Remittances to Mexico, nearly all of which come from the United States, hit a record $58.5 billion last year, according to data from Mexico’s central bank. That is an increase of $25 billion, or 74%, compared to 2018, when López Obrador came to power. The president has celebrated this increase and praised migrant workers for sending remittances, which last year accounted for 4.3% of Mexico's GDP.

Persons: Andres Manuel Lopez Obrador, Henry Romero, Andrés Manuel López Obrador, López Obrador, Signos Vitales, Stephen Eisenhammer, Marla Dickerson Organizations: of Security, Civilian Protection, REUTERS, MEXICO CITY, Reuters, U.S, Twitter, Thomson Locations: Mexico City, Mexico, MEXICO, United States, Sinaloa

☆ Pemex gets $3.8 billion from Mexico government, considers tapping bond markets again
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +2 min

Companies Petroleos Mexicanos FollowMEXICO CITY, July 28 (Reuters) - Mexican state energy company Pemex, whose financial debt ballooned to $110.5 billion by the second quarter, said Friday that it received 64.9 billion pesos ($3.8 billion) from the government to meet its obligations and may tap bond markets this year or next. Chief Financial Officer Carlos Cortez told investors during an earnings call that despite "significant" government support, Pemex was evaluating whether it would tap bond markets this year or next. Natural resources nationalist President Andres Manuel Lopez Obrador has staked his reputation on reviving Pemex, which he inherited highly indebted. Between 2019 and the end of the second quarter, Pemex received more than 720 billion pesos from the government, the results showed. Net profits were down almost 80% to 25.439 billion pesos in the second quarter from the year-ago period as sales fell, and revenues were down more than 40% to 414.156 billion pesos following weaker local sales and crude oil prices.

Persons: Carlos Cortez, Pemex, Cortez, We're, Andres Manuel Lopez Obrador, Lopez Obrador's, Octavio Romero, Romero, Valentine Hilaire, Adriana Barrera, Stefanie Eschenbacher, Anthony Esposito, Richard Chang, Cynthia Osterman Organizations: Moody's Investors Service, Thomson Locations: MEXICO, Pemex

☆ Focus: In Mexico, private cash races to plug nearshoring energy crunch
▼ + stars: | 2023-07-26 | by ( Isabel Woodford | Thomson Reuters | Isabel Is A British-Spanish Journalist Based In Mexico City. She Joined Reuters In As Part Of The Latin America News Hub | ) www.reuters.com time to read: +7 min

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

☆ Mexican president's fiery barbs fuel maverick rival's campaign
▼ + stars: | 2023-07-20 | by ( Dave Graham | ) www.reuters.com time to read: +5 min

Neither the president's office nor Galvez, who represents the center-right National Action Party (PAN), replied to requests for comment. Lopez Obrador has sought to break this narrative by branding Galvez a millionaire, said Roy Campos, Mitofsky's director. The authority this week ordered Lopez Obrador to remain neutral and abstain from election comments. Under Fox's government, Congress in 2005 stripped Lopez Obrador of immunity from prosecution over a minor land dispute. She urged her party to avoid resorting to tactics used against Lopez Obrador in the past.

Persons: Andres Manuel Lopez Obrador, Andres Manuel Lopez Obrador's, Xochitl Galvez, Lopez Obrador, Galvez, Alfa Gonzalez, pugnacious Lopez Obrador, Lopez, Consulta Mitofsky, Claudia Sheinbaum, Marcelo Ebrard, Roy Campos, Gabriel Islas, Beatriz Vazquez, Vicente Fox, Fox, Andres Manuel, Lorena Villavicencio, Sheinbaum, Dave Graham, Susan Heavey Organizations: Isla de, REUTERS, MEXICO CITY, Party of, Democratic Revolution, Action Party, PAN, Regeneration, Mexico City, Institutional Revolutionary Party, Congress, Thomson Locations: Isla, Isla de Cedros, Mulege, Mexico, MEXICO, derailing, MORENA, Spanish, Mexican

She also accused Lopez Obrador of using "the full apparatus of the state" against her. Lopez Obrador cannot run again because Mexican law restricts presidents to a single six-year term. It is not the first time Lopez Obrador has published financial information about a political adversary. Last year, Lopez Obrador released the purported earnings of journalist Carlos Loret de Mola, a prominent critic of the president. Lopez Obrador touted the amount of business Galvez had supposedly won during a regular press conference earlier on Friday, prompting Galvez to challenge him to back up his claims.

Persons: Andres Manuel Lopez Obrador, Lopez Obrador, Xochitl Galvez, Galvez, Lopez, MORENA, Carlos Loret de Mola, Kylie Madry, Dave Graham, Will Dunham Organizations: MEXICO CITY, Twitter, Regeneration, Thomson Locations: MEXICO

☆ Mexico stocks are surging this year on reshoring bets, but big risks can knock down the rally
▼ + stars: | 2023-07-12 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The Mexico nearshoring play is real, but investors should be aware of some pitfalls. Nearshoring — also called reshoring, onshoring, inshoring or backshoring — is helping drive Mexican stocks higher this year. For U.S. companies, there are compelling advantages to moving operations to Mexico from Asia, including geographical proximity, as well as low labor costs. "There is no nearshoring industrial revolution without electricity," according to a March note where Lippmann discusses Mexico's need to revamp its electricity infrastructure. According to Nace, the firm is the largest auto insurance company in Mexico, "similar to a Progressive in the United States.

Persons: —, Andrés Manuel López Obrador's, Meagan Nace, Nace, Morgan, Nikolaj Lippmann, Lippmann, Lippman, López Obrador, Tesla Organizations: U.S, Grupo, Artisan Partners, Companies, Partners, Semiconductor, New York Stock Exchange Locations: Mexico, Asia, Mexican, nearshoring, Baja California, United States, Monterrey, Nuevo Leon, U.S

☆ Mexico president vows to clean up corruption at food security agency Segalmex
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, June 29 (Reuters) - Mexican President Andres Manuel Lopez Obrador on Thursday vowed to clean up cases of fraud and corruption at Segalmex, a government organization aimed at promoting food self-sufficiency in the agricultural sector. Segalmex, created by Lopez Obrador, has been the target of multiple corruption accusations, with several former employees arrested by the Attorney General's Office (FGR) on charges ranging from embezzlement to organized crime. Lopez Obrador has put rooting out corruption at the center of his presidency. Among the accusations against Segalmex were payments using public funds for goods and services that were not accounted for. "This government does not tolerate corruption and impunity," Lopez Obrador said.

Persons: Andres Manuel Lopez Obrador, Lopez Obrador, Lopez, Segalmex, Valentine Hilaire, Raul Cortes, Cassandra Garrison, Mark Porter Organizations: MEXICO CITY, Attorney, Regeneration, Employees, Thomson Locations: MEXICO

☆ Maverick Mexican politician Xochitl Galvez throws hat in ring for presidency
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +2 min

MEXICO CITY, June 27 (Reuters) - Maverick Mexican politician Senator Xochitl Galvez on Tuesday said she was entering the race for the presidency in 2024 as a struggling opposition tries to claw back the initiative from President Andres Manuel Lopez Obrador's ruling party. Galvez, 60, made her announcement in a video posted on Twitter standing outside Lopez Obrador's office in Mexico City, injecting a dash of unpredictability to a burgeoning field of hopefuls for the election next June. Galvez contrasts her humble origins to those of the contenders of Lopez Obrador's leftist National Regeneration Movement (MORENA), whom she says grew up with more privilege. Galvez, a trained computer engineer elected to the Senate for the center-right National Action Party, could help counter the appeal of a female MORENA candidate, analysts say. Earlier this month, she created a media stir as she stood knocking on the doors of the presidential palace in protest at being denied entry to Lopez Obrador's morning press conference, where she was planning to criticize him.

Persons: Xochitl Galvez, Andres Manuel Lopez Obrador's, Galvez, Lopez, Lopez Obrador, MORENA, Mexico City Mayor Claudia Sheinbaum, Dave Graham, Leslie Adler Organizations: MEXICO CITY, Maverick, Twitter, Regeneration, Mexico City Mayor, Senate, Action Party, Thomson Locations: MEXICO, Maverick Mexican, Mexico City, Mexico

The fallout is a rare chink in Lopez Obrador's formidable popularity, steadily above 60% throughout his term. The pricing issue is urgent as northern corn farmers are harvesting now, many with nowhere to sell without taking a loss. It is not the first time that tensions have heated up between this administration and the agriculture sector. Valdez estimated that commercial agriculture producers represent about 10 million votes. Farmers argue Lopez Obrador's government has eliminated important sector benefits, including loans at beneficial interest rates, which his administration says too often fell into arrears.

Persons: Edgard Garrido, Andres Manuel Lopez, Lopez, Lopez Obrador's, Bosco, la Vega, Lopez Obrador, Claudia Sheinbaum, Marcelo Ebrard, Adan Augusto, Baltazar Valdez, Valdez, Raul Urteaga, Urteaga, spokespeople, Luz Maria Mendoza, Cassandra Garrison, Stephen Eisenhammer, Nick Zieminski Organizations: REUTERS, MEXICO CITY, U.S, Regeneration, Producers, Chicago Board of Trade, CNA, Farmers, North American Free Trade, United Farm Workers, Valdez, Global Agrotrade Advisors, Agriculture, Finance Ministry, FIRA, Thomson Locations: La Constitucion Totoltepec, Toluca , Mexico, MEXICO, Sinaloa, United States, U.S, Chihuahua, Mexico, Canada

☆ Mexico's top court strikes down part of electoral overhaul
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, June 22 (Reuters) - Mexico's Supreme Court ruled in a lopsided vote on Thursday to strike down part of a legislative overhaul of the country's electoral authority which was championed by President Andres Manuel Lopez Obrador. Nine of the court's 11 justices voted to invalidate the reform, the court announced on Twitter, which overall would significantly shrink Mexico's national electoral institute INE and cut its budget. Critics of the reform drive counter that the electoral shake-up would cede power to state and local officials, many of whom are currently affiliated with Lopez Obrador's Morena party. In March, Lopez Obrador said he will seek a vote on a broader electoral reform just before leaving office, if Morena and its allies can win a supermajority in the next Congress which would be needed to enact constitutional changes. Reporting by Raul Cortes Fernandez and Valentine Hilaire; Editing by David Alire GarciaOur Standards: The Thomson Reuters Trust Principles.

Persons: Andres Manuel Lopez Obrador, Lopez Obrador, Lopez Obrador's, Raul Cortes Fernandez, Valentine Hilaire, David Alire Garcia Organizations: MEXICO CITY, Twitter, Thomson Locations: MEXICO, Lopez Obrador's Morena, Morena

☆ Mexico asks Israel for second time to extradite ex-official accused of torture
▼ + stars: | 2023-06-20 | by ( Brendan O'Boyle | ) www.reuters.com time to read: +1 min

MEXICO CITY, June 20 (Reuters) - Mexico's president said on Tuesday that he had asked Israel for a second time to extradite a former official accused of torture in the Latin American country. Zeron led the heavily criticized investigation into the disappearance of 43 student teachers in southwestern Mexico in 2014 under a government to which Lopez Obrador was opposed. "It can't be that Israel protects a torturer under any circumstance," Lopez Obrador said in a regular press conference. Lopez Obrador, who made a similar extradition request in September 2021, said he expected Mexico's Jewish community to support the effort to extradite Zeron. Reporting by Brendan O'Boyle in Mexico City Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Israel, Andres Manuel Lopez Obrador, Benjamin Netanyahu, extraditing Tomas Zeron, Zeron, Lopez Obrador, Lopez Obrador's, Brendan O'Boyle, Matthew Lewis Organizations: MEXICO CITY, Thomson Locations: MEXICO, Mexico, Israel

☆ Mayor of Mexico's Tijuana moves into barracks for safety after threats
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, June 13 (Reuters) - The mayor of the violent border city Tijuana in northern Mexico, Montserrat Caballero, has moved into military barracks for her safety after she received threats, the president said on Tuesday. Just south of San Diego in California, Tijuana has become one of Mexico's most dangerous cities as criminal groups fight over drug trafficking routes to the United States. "She's being protected, since about two weeks ago," Andres Manuel Lopez Obrador said during his regular press conference. Murder rates fell last year but the government of Lopez Obrador is still on track to register a record total of murders for any six-year administration. Reporting by Stefanie Eschenbacher and Raul Cortes; Editing by Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.

Persons: Montserrat Caballero, Andres Manuel Lopez Obrador, Lopez Obrador, Caballero, Lopez, I've, Stefanie Eschenbacher, Raul Cortes, Conor Humphries Organizations: MEXICO CITY, Regeneration, Thomson Locations: MEXICO, Tijuana, Mexico, Montserrat, San Diego, California, United States

☆ Mexico City mayor to step down to pursue historic bid for presidency
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +3 min

[1/3] Outgoing Mexico City Mayor Claudia Sheinbaum, one of the leading candidates for the presidential nomination of the ruling MORENA party, gestures during a press conference in Mexico City, Mexico June 12, 2023. REUTERS/Raquel CunhaMEXICO CITY, June 12 (Reuters) - Mexico City Mayor Claudia Sheinbaum said she will step down on Friday to pursue the ruling party's candidacy for the 2024 presidential election, bidding to become the country's first female leader. President Andres Manuel Lopez Obrador's leftist National Regeneration Movement (MORENA) on Sunday agreed that on Sept. 6 it would announce the winner of its internal selection process. MORENA is heavily favored to win the June 2024 presidential election, lifted by Lopez Obrador's personal popularity. Reporting by Dave Graham in Mexico City; Writing by Sarah Morland and Brendan O'Boyle; Editing by Matthew Lewis and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Mexico City Mayor Claudia Sheinbaum, Raquel Cunha MEXICO, Andres Manuel Lopez Obrador's, MORENA, Lopez, Lopez Obrador, Sheinbaum, Marcelo Ebrard, Ebrard, Adan Augusto Lopez, Dave Graham, Sarah Morland, Brendan O'Boyle, Matthew Lewis, Leslie Adler Organizations: Mexico City Mayor, REUTERS, Raquel Cunha MEXICO CITY, Regeneration, Sunday, Reuters, Interior, Thomson Locations: Mexico, Mexico City, China, United States

☆ Mexico's ruling party to announce 2024 presidential candidate on Sept. 6
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +1 min

[1/4] Alfonso Durazo, President of the National Council of Mexico's ruling National Regeneration Movement (MORENA) party, announces the names of four aspiring candidates for the party's 2024 presidential candidacy, in Mexico City, Mexico June 11, 2023. REUTERS/Henry RomeroMEXICO CITY, June 11 (Reuters) - Mexican President Andres Manuel Lopez Obrador's ruling National Regeneration Movement (MORENA) said on Sunday its candidate for the 2024 presidential election will be announced on Sept. 6. All those competing for the party's 2024 candidacy must step down from public office to campaign, MORENA resolved. That decision had been widely anticipated, and followed what party insiders said was a recommendation made by Lopez Obrador on Monday evening which aimed at keeping his movement united. Reporting by Diego Ore and Dave Graham; Writing by Carolina Pulice; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

Persons: Alfonso Durazo, Henry Romero MEXICO, Andres Manuel Lopez Obrador's, MORENA, Lopez Obrador, Diego Ore, Dave Graham, Carolina Pulice, Lisa Shumaker Organizations: National Council of, Regeneration, REUTERS, Henry Romero MEXICO CITY, Thomson Locations: National Council of Mexico's, Mexico City, Mexico, MORENA, Sonora

MEXICO CITY/WASHINGTON, June 8 (Reuters) - The U.S. and Mexico still have "differences" of opinion regarding Mexico's recovery of a coveted air safety rating, Mexico's president said on Thursday. The U.S. Federal Aviation Administration (FAA) downgraded Mexico to the Category 2 air safety rating more than two years ago, citing safety concerns. The U.S. wants to make clear any decision to restore Mexico's safety rating would be based on technical merits, not politics, the sources added. A joint statement from the U.S. and Mexican transportation agencies released by USDOT late Thursday did not address Mexico's air safety rating but said both governments are committed to the successful development of AIFA "in ways that will bolster the U.S.-Mexico air transportation relationship." Mexican Transportation Minister Jorge Nuno said the audit was Mexico's "last" in a statement Wednesday, implying a positive resolution.

Persons: Pete Buttigieg, Andres Manuel Lopez Obrador, Lopez, Felipe Angeles, Lopez Obrador, USDOT, Jorge Nuno, Lopez Obrador's, Kylie Madry, David Shepardson, Rosalba O'Brien, Gerry Doyle Organizations: MEXICO CITY, U.S . Federal Aviation Administration, FAA, U.S . Transportation, Transportation, Thomson Locations: MEXICO, WASHINGTON, U.S, Mexico, United States, Mexican, Mexico City, Benito Juarez, AIFA, Washington

☆ Analysis: Mexico president puts unity first to broker compromise in succession race
▼ + stars: | 2023-06-08 | by ( Dave Graham | ) www.reuters.com time to read: +4 min

Ebrard, a leading contender to succeed Lopez Obrador, on Tuesday announced that he would step down next week. Under Lopez Obrador, MORENA in less than five years has replaced the Institutional Revolutionary Party (PRI) as the establishment party. Lopez Obrador has been urging MORENA to fight for a two-thirds congressional super-majority next year. Most recent polling gives Mexico City Mayor Claudia Sheinbaum a slight edge over Ebrard in the succession battle, and senior aides to the president have told Reuters they believe she is Lopez Obrador's preferred candidate. "The most important thing for Lopez Obrador right now is to keep his movement united and alive," Rozental said.

Persons: Andres Manuel Lopez, Marcelo Ebrard, Lopez, Lopez Obrador, MORENA, Mexico's, Mexico City Mayor Claudia Sheinbaum, Lopez Obrador's, Andres Rozental, Ebrard, Rozental, Sheinbaum, Dave Graham, Mark Porter Organizations: MEXICO CITY, Regeneration, Tuesday, Institutional Revolutionary Party, Mexico City Mayor, Reuters, Mexico City, Lopez Obrador, Thomson Locations: MEXICO, Mexico City, MORENA, Cohauila, Ebrard, Mexico

☆ Mexico foreign minister quits in bid to clinch presidential nomination
▼ + stars: | 2023-06-07 | by ( Dave Graham | ) www.reuters.com time to read: +4 min

[1/4] Mexican Foreign Minister Marcelo Ebrard raises his fist while announcing he will resign next week to focus on winning the nomination of the leftist National Regeneration Movement (MORENA) ruling party for next year's presidential election, at a hotel in Mexico City, Mexico, June 6, 2023. Mexico's U.N. ambassador Juan Ramon de la Fuente and ambassador to the U.S. Esteban Moctezuma are seen by many analysts as the favorites to replace Ebrard as foreign minister. As foreign minister, it is harder for Ebrard to address domestic issues than for Sheinbaum and Interior Minister Adan Augusto Lopez, another leading contender, Buendia said. Following Ebrard's announcement, MORENA party chairman Mario Delgado told Mexican radio the party's contenders would ultimately have to resign to ensure a fair contest. During Monday's meeting, Lopez Obrador said he had urged the party to remain united, and pledged not to influence the outcome of MORENA's internal contest.

Persons: Marcelo Ebrard, Andres Manuel Lopez Obrador, Mayor Claudia Sheinbaum, Ebrard, Mexico's U.N, Juan Ramon de la Fuente, Esteban Moctezuma, Lopez Obrador, MORENA, Jorge Buendia, Marquez, Buendia, Adan Augusto Lopez, Lopez, Mario Delgado, Dave Graham, Anthony Esposito, Gerry Doyle, Raju Gopalakrishnan Organizations: Foreign, Regeneration, Read, MEXICO CITY, Mayor, U.S, Thomson Locations: Mexico City, Mexico, MEXICO, U.S, Mexican, State of Mexico

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