Plans to force fund managers to slash their commissions as part of a pension overhaul has triggered threats of litigation.
Stories by Jude Webber
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Conquistadores — greed, gold and guilt in a revisiting of colonialism
New book details the cruel and complicated story of the Spanish Conquest of the Americas.
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Mexico clamps down on private players in energy sector
The move escalates months of government efforts to abruptly change the rules in the sector that have soured investor sentiment.
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Supreme Court approves referendum on presidential trials
President López Obrador has secured approval for a controversial referendum on whether his predecessors should face trial for corruption.
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Anti-AMLO protest moves into zócalo ‘to fight 20th-century socialism’
The biggest anti-government protests in López Obrador’s almost two years in office mark growing dissatisfaction with the populist president.
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2021 budget assumptions met with skepticism by analysts
The government promised fiscal rectitude and austerity in its 2021 budget but analysts criticized the plan for optimistic growth forecasts.
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López Obrador’s frugality drive takes toll on civil servants
His demand for frugality has alienated civil servants and left some struggling to make ends meet. ‘My salary has gone down by 50%,’ said one.
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Mexico shaping up as one of worst health and economic casualties of virus
Mexico surpassed its “catastrophic” worst-case scenario of 60,000 Covid-19 deaths on Saturday.
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Homegrown hero SuperSlim joins the fight against Covid-19
For the cash-strapped government the deal was a godsend as it struggles to tame a pandemic that has killed nearly 60,000 people.
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Mexican migrants send more money home to help virus-hit economy
Remittances to Mexico have proved resilient since the start of the Covid-19 crisis, after hitting a record US $36 billion last year.
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López Obrador offers dark hint about his plan for Mexican energy
First came two new pipeline permits, then came President López Obrador’s warning that he could reverse Mexico’s energy sector reforms.
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Jalisco cartel shows off its might, defying federal administration
If there were any doubts about the military might of the Jalisco New Generation Cartel, videos widely shared on social media this month have dispelled them.
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Pemex hit by loss of nearly $2bn as former boss goes on trial
The debt-laden company’s net loss — 44.3 million pesos — was 16% worse than the same quarter last year but an improvement on its first-quarter performance.
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Bicycles multiply as the capital expands it bike lanes network
The city has rolled out emergency bike lanes to encourage safe, socially distant travel during Covid-19. And cyclists are using them.
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Veteran trade negotiator believes he can fix issues at World Trade Organization
Mexico’s pick to run the World Trade Organization says he can fix its broken dispute resolution mechanism and use it to ease U.S.-China trade tensions.
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Explosion of violence dooms Mexican leader’s bid to calm cartels
The violence has escalated into areas previously off-limits to major cartels, such as the CJNG’s dawn ambush on Mexico City’s police chief last month.
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Ford faces parts shortages as virus impacts Mexico factories
The automaker is facing potential parts shortages from suppliers in northern Mexico as the coronavirus pandemic throttles production.
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López Obrador journeys north to toast trade deal with Trump
The president makes his first international trip to visit Washington, where the two leaders will toast the new trade treaty despite mounting woes at home.
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Music streaming service Deezer makes a bet on Mexican market
Grupo Salinas’ TV Azteca will take a minority stake in the company, promoting the service through its TV businesses and Elektra retail stores.
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Former Pemex chief drops extradition fight in corruption case
Emilio Lozoya will be flown home to face charges in the biggest corruption prosecution yet under President López Obrador.
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New North American trade pact launches under a cloud
A new trade pact begins on Wednesday with the top US negotiator threatening litigation, investor distrust rife and supply chains tested by Covid-19.
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President López Obrador’s anti-corruption push is failing
The president insists that Mexico’s greatest asset is “the honesty of its people,” but studies show corruption has worsened since he took office.
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Mexico’s crusade for healthy eating could hurt trade
The healthy eating drive, which will begin next month, overlooks the fact that Mexico exports some US $22 billion a year in processed food to the US.
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Mexico’s ‘Iron Lady’ cracks whip on multinationals’ taxes
Mexico has deployed its top weapon to keep revenue flowing: a sweet-spoken and tough-as-nails official who has squeezed $800 million in contested payments.
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Wealthy Mexicans find they can buy comfort but not protection
The alarm bells started ringing in March when three top businessmen went down with coronavirus after flying home from a U.S. ski resort.
