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Nubank — the company behind Nu banking services — will invest US $4.2B in Mexico

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Nubank app
Such a sizable investment by Latin America's largest fintech is expected to create both direct and indirect jobs as well as boost technological innovation, financial inclusion and digitization of banking services. (Shutterstock)

President Claudia Sheinbaum on Monday announced that the fintech Nubank would be investing US $4.2 billion in the country over the next four years.

Sheinbaum revealed the news in a social media post after meeting with the company’s founder and CEO David Vélez Osorno and his team at the National Palace, where the Colombian businessman presented her with an investment plan aimed at strengthening the firm’s operations in Mexico.

Sheinbaum and Nubank founder
President Sheinbaum received Nubank’s four-year investment plan in person during a visit to the National Palace by David Vélez Osorno, the fintech’s founder and CEO. (Claudia Sheinbaum/X)

The investment will expand Nubank’s presence in the country, strengthen its technological infrastructure, allow for the development of new digital solutions and broaden its services for millions of users.

The government expects the project to contribute to economic growth, boost technological innovation and financial inclusion and promote greater digitization of banking services. It will also stimulate competition in the financial sector and create conditions to attract new investments in sectors such as technology, financial services and the digital economy.

Known commercially as Nu in Mexico, Nubank currently serves more than 135 million customers in Latin America (with more than 15 million in Mexico), adding approximately 4 million new users in this year’s first quarter alone.

The company’s growth is expected to boost employment in the sector, particularly for professionals specializing in software engineering, mobile application development, artificial intelligence, science and data analysis, cybersecurity, cloud architecture and financial risk management. 

Likewise, an investment of this magnitude usually generates indirect jobs through technology providers, consulting firms, digital infrastructure firms, data centers and specialized services.

Nu’s growth in Mexico has been rapid following its injection of US $100 million into its local operations in 2024. Nu went from offering only credit cards to building a financial ecosystem that includes savings accounts, investment products and fully digital solutions.

The latest investment reflects the company’s recognition of the potential of the Mexican market, where millions of people remain outside the traditional financial system, many of whom are seeking more agile and digital alternatives to manage their money.

Nubank has a banking license in Mexico, but lacks final approval to begin operations as a bank, though the approval process is said to be in its final phase.

With reports from El Financiero, Líder Empresarial and El Economista

Twin clashes near Mazatlán leave 1 marine and 10 criminals dead

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armed attrckers detained
The Security Ministry announced the arrest of three suspects in the armed ambush of a marine patrol on Saturday that left one soldier dead. (SSPC/Cuartoscuro)

The Security Ministry (SSPC) has confirmed the death of one marine when his company was ambushed by armed criminals on Saturday in the municipality of Mazatlán, Sinaloa. 

Three other marines were injured during a subsequent confrontation in the northwestern state that left 10 criminals dead. The authorities reported that three Colombian nationals were arrested afterward, and weapons, ammunition and tactical equipment were seized.

In a joint statement issued along with the Navy Ministry, the SSPC said two of the wounded marines are out of danger but the other is in serious condition. The statement also attributed the ambush to the “Los Chapitos” faction of the Sinaloa Cartel.

Following the initial incident, the authorities increased security in the region, leading to the second clash which took place in the municipality of El Rosario, about 180 kilometers north of Mazatlán.

In describing the initial attack, the Navy said its personnel were on a routine patrol while surveying and monitoring rivers and dams as part of preventive actions to identify possible sudden increases in water levels during the rainy season.

The unidentified attackers surprised the marines in San Marcos, using improvised explosive devices (IEDs) in the ambush. 

Although the company of marines that were ambushed was not on a search and destroy mission, the confrontation occurred in a context of intensified security operations tasked to the Navy and other security forces to combat organized crime and drug trafficking.

Afterward, in what has been described as a second tactical deployment, federal forces engaged a group of armed men, killing 10 and arrested the three others.

In a social media post outlining the weekend events, Mexico’s Security Cabinet expressed condolences and solidarity to the family, loved ones and colleagues of the marine who was killed.

Sinaloa has been in turmoil since drug lord Ismael “El Mayo” Zambada was handed over to U.S. authorities by cartel rival Joaquín Guzmán López, son of Joaquín “El Chapo”  Guzmán in July 2024.

The betrayal — the primary subject of President Claudia Sheinbaum’s Tuesday morning press conference — unleashed a wave of violence in the region fed by the civil war between the “Los Mayos” and “Los Chapitos” factions of the Sinaloa Cartel.

The factional dispute has left thousands dead and wounded, with El País reporting that nearly 2,700 people have been killed in Sinaloa since the fighting began in earnest in September 2024.

On Monday, “El Mayo” announced through his lawyers that he will accept the life sentence he faces, while requesting that his health condition be guaranteed during the fulfillment of the sentence.

With reports from El Financiero, Reuters, 24 horas, El País, The Dallas Morning News and El Universal

Mexico’s light vehicle exports recover in first semester of 2026

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Lincoln SUVs in a row
Ford (the parent automaker of Lincoln) saw its exports drop 10.4% in the first semester of 2026. (Unsplash)

Exports of light vehicles made in Mexico increased slightly in the first half of 2026, despite the United States’ imposition of tariffs on Mexican autos last year and a sharp decline in exports in June.

The national statistics agency INEGI reported Tuesday that Mexico exported just under 1.69 million light vehicles (light trucks and cars) between January and June, a 1.4% increase compared to the same period of last year.

Mexico’s light vehicle exports have their worst first quarter since 2021

INEGI also reported that light vehicle exports declined 9.2% annually in June to 301,009 units. The newspaper El Economista attributed the decline in June to the U.S. tariffs, which aim to protect the U.S. auto industry and which took effect in April 2025. U.S. content in Mexican vehicles is exempt from the 25% duty, lowering the effective tariff for virtually all cars shipped north.

The United States is easily the largest market for light vehicles exported from Mexico. In the first six months of 2026, 75.9% of the approximately 1.69 million light vehicles Mexico exported went to the United States, according to INEGI. El Economista reported that the figure is down from 85% prior to the imposition of the U.S. tariffs.

The next biggest export markets for Mexican light vehicles were Canada (12.5%), Germany (2.8%) and Brazil (1.7%). The remaining 7.1% of exported light vehicles went to other countries around the world.

The automakers whose exports from Mexico increased in the first half of 2026 were Stellantis (+51.3%), Volkswagen (+37.4%), Acura (+13.4%), Audi (+13.4%), Kia (+10.8%) and General Motors (+0.8%).

Those whose exports from Mexico declined in the period were Nissan (-29.2%), Mazda (-14.9%), Ford (-10.4%), BMW (-8.6%), Honda (-8.1%), Mercedes Benz (-6.4%) and Toyota (-4.2%).

Light vehicle production fell slightly between January and June 

INEGI reported that just over 1.99 million light vehicles were made in Mexico in the first six months of 2026, a decline of 0.4% compared to the same period of last year. It was the lowest output for light vehicles in Mexico in the first six months of a year since 2023.

General Motors was the largest manufacturer of light vehicles in Mexico between January and June, with a total of 445,658 units rolling off production lines. That figure represented an annual increase of 2.2%.

After GM came Nissan, which made 253,572 light vehicles in Mexico between January and July, an annual decrease of 25.8%.

Stellantis was the third-largest manufacturer of light vehicles in Mexico in the period, assembling 242,228 units, a 34.9% production increase. That was the largest production increase of any automaker. Stellantis announced plans in December to expand operations at its plants in Coahuila and México state.

The production of light vehicles in Mexico by Nissan, Mazda and Mercedes Benz declined by more than 20% annually in all three cases in the first six months of 2026. BMW’s light vehicle production fell by 14.6%, while Ford’s manufacturing output in Mexico declined 6.8% compared to the first six months of 2025.

Light vehicle sales increase 5.3% in Mexico in first half of 2026

INEGI also reported on Tuesday that domestic sales of light vehicles increased 5.3% annually in the first half of 2026 to reach 754,418 units.

Nissan was the top automaker for sales in Mexico, selling 127,099 light vehicles between January and June. That figure represented a decline of 0.9% compared to the first six months of 2025.

After Nissan, the best-selling light vehicles in Mexico between January and June were made by:

  • General Motors: 96,921 units (+2.5%)
  • Volkswagen: 65,565 units (+1.5%)
  • Toyota: 62,129 units (+3.1%)
  • Kia: 54,852 units (+3.6%).

INEGI reported sales for various Chinese automakers, but not BYD, the world’s largest manufacturer of electric vehicles. Among the Chinese brands whose sales in Mexico were reported, Geely was the top performer, moving 21,121 light vehicles in the first six months of 2026, an annual increase of 250.5%.

With reports from La Jornada, El Financiero and El Economista

MND Local: Community gatherings in San Miguel de Allende

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San Miguel de Allende, view of the cathedral from a side street
Wherever you go in San Miguel de Allende these days, you're bound to find a community gathering of some sort. (Mark de Jong/Unsplash)

The summer rain keeps more tourists away, but San Miguel de Allende still has no shortage of community events — from thousands descending on Centro to watch Mexico face England, to hundreds admiring local art at the Fábrica La Aurora and a dozen more participating in a ritual Shabbat dinner — as we share in our latest community roundup. 

Thousands gather to watch Mexico vs. England 

San Miguel de Allende mayor Mauricio Trejo Pureco and the department of tourism set up a giant screen and a tent in front of the Parroquia de San Miguel Arcángel on Sunday, July 5, where thousands gathered to enthusiastically cheer on Mexico in its round of 16 World Cup knockout clash against England. 

Mexico against England in the World Cup
Thousands of guanajuatenses showed up for a public viewing of the World Cup game between Mexico and England, screened in San Miguel de Allende’s El Jardín Principal. (Edgar Negrete Lira/Cuartoscuro)

San Miguel previously set up screens for Mexico’s round of 32 win over Ecuador on June 30. 

Attendees ranged from toddlers being lifted on their parents’ shoulders to elderly residents taking in the scene. Fans waved Mexico flags and lit colored smoke sticks after Mexico’s national anthem, after goals and at the start of the second half. 

Other fans brought drums to lead the crowd in chants and keep the energy high. Attendees chanted for almost the entirety of the 90-minute game, raising their hands to shout “Sí se puede” to will El Tri on after they fell behind England. 

Mexico’s loss didn’t stop the party

The energy began to dissipate midway through the opening half when England star Jude Bellingham struck, scoring two goals in two minutes to give England a commanding lead. The lull was short-lived, however, as Mexican forward Julian Quiñones reignited the crowd with a 42nd-minute goal. 

The large overhead tent, which was erected to keep spectators dry, kept most of the ground noise in, making big cheers deafening. 

Despite a red card for England early in the second half and a Raúl Jiménez penalty goal in the 69th minute, it wasn’t enough for Mexico, who bowed out in the round of 16 for the eighth time in the last nine World Cups. 

Regardless of the result, the party did not stop, as supporters continued to dance long after the final whistle in celebration of one of Mexico’s most successful World Cup outings. 

Artists show off work at Fábrica La Aurora art center

The Fábrica La Aurora, an old textile mill converted into hundreds of art galleries, welcomed hundreds of visitors on Saturday, July 4, allowing local artists to show off and sell their work to members of the community. 

One of the many exhibits included the Healing Words Project by Kate Van Doren, which showed powerful portraits of women fighting for their rights, including victims of cancer and sexual assault. 

Others included a public gallery from the Coordination for the Promotion of Foreign Trade of the State of Guanajuato, which featured artisan products from local artists all around Guanajuato. 

Yesenia Olivares, who was working at the COFOCE gallery on Saturday, pointed out its benefits for the community. 

“This is the first time I’ve seen this event. It strikes me as a great idea for getting more people acquainted with the gallery,” she said. “The hope is that this month-to-month initiative to further support the artisans’ work can lead to it being more highly valued.”

Fábrica La Aurora art gallery from Instagram photo
Fábrica La Aurora is home to hundreds of art galleries where local artists and artisans can sell their works. (Fábrica La Aurora/Instagram)

A boon to local artists

Guests admiring the artwork could pick up food from Café de la Aurora or Geek and Coffee, and food was available at Grand Pa & Son Burgers and Los Conspiradores. Fábrica La Aurora also features La Santísima Trinidad, a wine tasting room.

Francoise Yohalem, a former art curator who has been living in San Miguel de Allende for 12 years, mentioned the importance of the Fábrica La Aurora for community members and local artists alike. 

“This event is an opportunity to see the work of local artists,” she said. “We have a lot of very good local artists … They can show their work and hopefully make some sales.”

Yohalem mentioned that the San Francisco Gallery, which features work across mediums from local artists, stood out to her at the event. 

Weekly Shabbat dinners provide community for Jewish expats

Mayim Aversa, a lifelong Jewish woman born in Mexico City, hosts weekly Shabbat dinners in her San Rafael Home for the local Jewish population in San Miguel de Allende on Friday nights. Shabbat is the weekly Jewish day of rest, observed from sunset on Friday until sunset on Saturday. 

“When we host these Shabbat dinners, there are always the most interesting and colorful people,” Aversa said. “I’ll take every color, every flavor, every background … If you’re Jewish, come and eat my food.”

The dinners are open to the community regardless of religious denomination. Aversa and her husband, Adam Ben-Abraham, are Orthodox and observe the day of rest by keeping lights off, turning off phones and not completing any work until after sunset Saturday. Others, like first-time attendee Kim Eisenberg, were searching for a sense of community while being just culturally Jewish. 

“I don’t even have a community of people that are Jewish (in the U.S.),” Eisenberg said. “(Being Jewish in Mexico) is not something I’ve experienced. I just see myself as a human.”

Lively dinner conversations

All of the food is kosher and is homemade by Aversa and her guests. Prayers are said over the food and drink before guests dive in. Attendees were expected to turn their phones off before the meal to respect the day of rest. 

Conversations at a Shabbat dinner on Friday, June 26, with around 10 guests ranged from artificial intelligence to Jewish identity and to life in San Miguel. All of the conversation worked to build community and give Jewish expats in San Miguel a slice of home. 

“I lived in very heavily Jewish areas in the United States … and then I had to come to Mexico to find my Jewish community,” Shabbat attendee Robin Stacey said. 

For more information about attending a Shabbat dinner, reach out to Aversa through WhatsApp at +1 (617) 501-6275.

Jared Tucker is a summer intern at Mexico News Daily in San Miguel de Allende and a rising senior at the University of Washington in Seattle, where he is the sports editor for The Daily UW. He was previously a fellow at TheFulcrum.us, where he covered public participation in American democracy.

Opinion: A World Cup loss can’t sap the country’s incurable optimism

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Mexico fans celebrating in the rain after a World Cup victory over Ecuador
Despite a heartbreaking loss in the 2026 FIFA World Cup, Mexico remains a country of incurable optimism. (Estrella Josento/Cuartoscuro)

Amigos, the silence after England’s goals hit like a bucket of cold water. The hope we felt again when the Mexican national team scored two goals kept us on the edge of our seats for 100 minutes. And when the match ended, through tears, we applauded the players, ourselves and the incurable optimism that makes us believe that, whatever the circumstances, everything is going to be okay. What might look, at first glance, like a coping mechanism for our reality is actually proof of Mexicans’ resilience.

Solidarity in the face of tragedy (or in this case, soccer) isn’t unique to Mexico. After an earthquake, a hurricane or a war, people everywhere tend to organize and help each other — that’s simply the human condition. What does seem distinctly Mexican is what comes after that first instinct: the collective conviction that if we all pitch in — le echamos ganas — things will get better. That extra layer of shared optimism, I suspect, is what explains why we’re happier than economies far richer than ours. And this is where the numbers start talking.

An optimism you can actually measure

Fan "flying" celebrations in Tlaxcala after Mexico defeated Ecuador in the 2026 FIFA World Cup.
“He wants to fly!” Fans celebrating in Tlaxcala after Mexico’s World Cup victory over Ecuador. (Alain Hernández/Cuartoscuro)

I went to the Mexico-Ecuador match. The energy in the stadium was unlike anything I’d experienced, and it wasn’t just me being dramatic — international commentators kept saying the same thing. Those of us who work in the arts know the phenomenon, where a piece moves you so deeply that you cry, your blood pressure drops or you feel lightheaded — it’s known as Stendhal syndrome. It’s the only way I can explain what nearly 80,000 people singing the national anthem with that kind of raw, overflowing passion feels like. I cried. I spent more than 90 minutes screaming, cheering on the national team and booing Ecuador.

But walking out, I saw dozens of my fellow Mexicans hoisting Ecuadorian, Korean, South African and Czech fans up on their hands and tossing them into the air to the cry of “¡quiere volar!” — loosely, “they want to fly!” — a boisterous, half-teasing ritual usually reserved for our own celebrations, now flooding social media this tournament. Even in defeat, we figured a little airborne send-off might lift a losing fan’s spirits. Days earlier, at the Ángel de la Independencia after the opening match, all it took was one person, soaked like everyone else, shouting “¡México, México!” for the chant to become communal.

Mexico’s communal spirit in action

I’d seen that same instinct before, under far harder circumstances. In 2017, when I was living in Colonia Roma, an earthquake shook Mexico City. Within 30 minutes, Hospital Obregón had set up a fully functioning operating room in the middle of the street, with help from whoever happened to be passing by. I watched people fall into complete silence, so rescue workers could listen for sounds beneath the rubble, and thousands of volunteers organize within minutes to cook, care for the injured and spread information — no one coordinating it from the top. It just happened.

It wasn’t the first time. Thirty-two years earlier, the 1985 earthquake killed thousands and left the government paralyzed for 36 hours — so ordinary citizens and university students organized themselves into rescue brigades instead, pulling close to 4,000 people out alive. That spontaneous response gave birth to the Topos Tlatelolco rescue brigade, which four decades later still travels the world to help wherever disaster strikes — the same brigadistas who were on the ground helping in Venezuela this year. Many trace the birth of Mexico’s modern civil society back to that day.

Forty-one years after 1985, that same reflex switched on again — not for a tragedy this time, but for a party.

By the numbers

Mexico hosted only 13 of the tournament’s 104 matches — the honest disclaimer behind everything that follows. And yet, in just the first 20 days, the three host cities generated an estimated 45 billion pesos in economic activity, with Concanaco Servytur projecting a final total above 65 billion pesos (or US $3.71 billion).

Mexico loses to England 3-2 in the World Cup knockout stages in Mexico City Stadium
Over 60 million people were watching as Mexico lost a tense, hard-fought game to England during the World Cup. (Edgar Negrete Lira/Cuartoscuro)

The England-Mexico match broke national viewership records with 60 million people watching. The night I screamed myself hoarse at the Ángel, it turns out, wasn’t just me getting carried away: we broke the record for the largest crowd ever gathered in the capital, 1.4 million people chanting “México” in the rain. Adidas sold more than 5 million Mexico jerseys worldwide, half of them here at home — and roughly 5 million more were counterfeit. It’s nothing to be proud of, but proof of just how many people wanted in on the party.

Being a World Cup host felt like opening the door of your own home for a party: not the biggest house, nor the fanciest one, but shared with all the enthusiasm and warmth we had. We don’t need to be the ones who profit the most to be the ones who enjoy it the most — and spread it to everyone around us.

How do we do it?

Being hosts made me ask: How, despite all our problems and shortcomings — the ones we’re painfully aware of — do we still find the energy to be happy, and to want to spread that happiness to whoever is standing next to us? Mexico ranks 12th in the 2026 World Happiness Report, an annual measure of self-perceived well-being from the Gallup World Poll and the University of Oxford’s Wellbeing Research Centre. By that ranking, we sit above the United States (23rd), Canada (25th) and the United Kingdom (29th).

The report is honest about why: It isn’t gross domestic product. It’s family ties, a social support network we can actually lean on, and a cultural resilience that carries us through hard times better than richer nations manage. Other countries on the list lean on strong institutions. We lean on each other.

Optimism undergirded by realism … or surrealism

But there might be a simpler explanation too, and it has nothing to do with surveys: We are painfully aware that there’s only one life, and it’s meant to be lived, not managed. That awareness expresses itself as something close to surrealism — not metaphorically, but the way André Breton meant it when he called Mexico “the most surrealist country in the world” after visiting in 1938. (The line is often misattributed to Salvador Dalí, but no historian has ever found it in anything he wrote, and there’s no record he ever set foot here.)

You see it everywhere: a goat and a dog headbutting each other at the Zócalo Fan Fest and nobody blinking twice. A duck strutting down the street in a national team jersey. A mascot dressed as a doctor turning up at a funeral one day, a religious procession the next and playing with a stranger’s dog the day after that. It isn’t chaos. It’s a kind of joy that doesn’t ask permission — the same joy that lets us fall hard for a duck, a Dr. Simi or a soccer team.

Closing

Strangers hug after Mexico's defeat of Ecuador in the 2026 FIFA World Cup.
Mexico’s solidarity is its strength, whether it wins or loses in the World Cup. (Estrella Josento/Cuartoscuro)

We lost the World Cup, yes. But there’s always a hug waiting. And that hug always carries the same words, the ones we’ve repeated across generations, between neighbors and strangers alike, after a tragedy or after a goal: “Everything is going to be okay,” because we have each other. We go back to facing all the problems that weigh on us — and there are many — but with the certainty that we are a nation that truly knows solidarity.

And if you, like me, are sitting with that post-World Cup emptiness today, let me tell you what someone told me: “What if we actually do it in Morocco 2030? What if it’s the women’s national team that finally does it?” If 11 players can move us like this, what else could we do? What other reasons could get us shouting “México” together? ¿Y si sí? What if this time, we do?

Maria Meléndez writes for Mexico News Daily in Mexico City.

This month’s Guanajuato International Film Festival will highlight women in Mexican cinema

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GIFF poster
Besides screening more films than any one person could watch in nine days, the GIFF will be offering conferences and panel discussions on movie-related topics such as emerging technologies in filmmaking and industry figures who are either luminaries, mavericks or disrupters. (@FilmotecaUNAM/X)

This year’s Guanajuato International Film Festival (GIFF) will present 203 films from 55 countries, while spotlighting women who have reshaped Mexican cinema, organizers announced Monday.

The 29th edition of the festival — whose theme last year was inspired by Alfred Hitchcock’s 1958 “Vertigo” — will run July 24 to 27 at nine venues in the historic city of Guanajuato, then continue July 29 to Aug. 2 at 10 venues in the expat hub of San Miguel de Allende in the same state.

Backed by Mexico’s Culture Ministry through its Profest festival support program, the nine-day event will offer a mostly free lineup of screenings along with talks, workshops and other activities.

In a press release, GIFF director Sarah Hoch said the festival will honor actresses Marina de Tavira and Cecilia Suárez and producer Inna Payán, highlighting a broader push toward gender equity in the industry. 

The honorees will receive Más Cine awards, while Suárez — who starred in Netflix’s “La casa de las flores” (“House of Flowers”) — will also be recognized by the film archive of the National Autonomous University of Mexico (UNAM).

“I can only express my gratitude for this beautiful and utterly unexpected recognition,” said De Tavira, whose performance as Sofia in the 2018 drama “Roma” earned her an Academy Award nomination for best supporting actress and a Silver Ariel, Mexico’s top film prize, for the same role.

“Films made by women haven’t had the same level of recognition as they are getting now, and it continues to grow,” she added.

Payán, who has produced more than 30 films and six TV series over two decades, said she felt very honored “that it is my fellow women who are giving me this recognition.”

She is vice president of the Mexican Academy of Film Arts and Sciences and a member of the Academy of Motion Picture Arts and Sciences, which present the Ariel Awards and Oscars, respectively.

The festival will also include a posthumous tribute to Spanish actress Marisa Paredes with a screening of her final film, the surrealist road movie “Emergency Exit.”

Paredes, who died in 2024, acted in more than 75 films across a six-decade career and was known for collaborations with director Pedro Almodóvar, notably “All About My Mother” in 1999.

Organizers said 155 of the selected films will compete in various categories. This includes 14 Mexican features, 10 of them world premieres.

An emphasis on emerging technologies — a GIFF trend over the past few years — will continue with panels and discussions on artificial intelligence. New programs will spotlight mavericks and luminaries, as well as filmmakers who are disruptive and push boundaries.

The festival will also include an eight-film showcase from Qatar as part of a bilateral cultural initiative.

Screenings are set for iconic venues such as the Teatro Juárez in Guanajuato city and Teatro Ángela Peralta in San Miguel de Allende, along with outdoor squares and unconventional spaces.

Most screenings are expected to be free on a first-come, first-served basis. For more details, visit the festival website in English or Spanish.

With reports from Proceso and Excélsior

3 Mexican cities are among Travel + Leisure’s top 10 in the world

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A courtyard at Rancho La Puerta in Baja California, Mexico, ranked the No. 1 wellness resort in the world.
A courtyard at Rancho La Puerta in Baja California, Mexico, ranked the No. 1 wellness retreat in the world. (Rancho La Puerta)

The 2026 edition of Travel + Leisure’s World’s Best Awards once again named Mexico’s hotels and cities among international travelers’ favorites.  

From wellness retreats to colonial streets, the country garnered numerous accolades in one of the most influential rankings in the tourism industry, compiled from the opinions of thousands of the magazine’s readers. 

Here are notable Mexican properties and destinations that made the list.  

Best wellness retreat

Rancho La Puerta topped the list as the best wellness retreat in the world thanks to its holistic approach. Located in a lush valley in Tecate, Baja California, it combines thousands of acres of natural surroundings with mountain trails, landscaped gardens and an organic farm offering healthy cooking classes.

100 best hotels in the world

Four Seasons Resort Tamarindo, in Jalisco’s coastal Costalegre region, ranked as the No. 1 resort in Mexico and No. 31 in the world thanks to the hotel’s personalized service, the quality of its culinary offerings and balance between exclusivity and sustainability.

Next is Susurros del Corazón, Auberge Collection, which came in as Mexico’s second-best resort and No. 37 in the world. Located in Punta Mita, the resort offers an intimate and sophisticated experience featuring contemporary architecture inspired by the Pacific landscape. 

Coming in at No. 3 is Zadun Los Cabos, a Ritz-Carlton Reserve, the brand’s first resort of this collection in Mexico. With an architecture that blurs the lines between indoors and outdoors, the property blends Mexican artisanal details with modern designs to offer guests an immersive and exclusive experience. 

Moving to city hotels, Casa de Sierra Nevada, a Belmond Hotel, San Miguel de Allende, came in as Mexico’s No. 1 city hotel and No. 96 in the world. With 37 rooms spread across six colonial properties, this luxury boutique hotel stands out for its remarkable service and the exquisite way it blends history and modernity. Rosewood San Miguel de Allende also made the list of Mexico’s best city hotels, followed by Alexander in Mexico City, Four Seasons Mexico City and JW Marriott Hotel Mexico City Polanco.  

4 Mexican cities among the top 15 in the world 

Topping the list of the best cities in the world is once again San Miguel de Allende, Guanajuato, a city that continuously appears in the world’s most coveted rankings thanks to its colonial appeal, gastronomic offering and rich cultural heritage.  

The San Miguel de Allende skyline visible behind a green park full of trees
San Miguel de Allende has repeatedly won Best City in the World from Travel + Leisure, among other accolades. (Travis Bembenek)

Coming in at No. 5 is the city of Oaxaca, Oaxaca, popular among readers for its rich cuisine, colorful festivals, artisanal markets and colonial architecture. 

Next is Mexico City, which came in at No. 9 for its museums, cultural experiences, top-rated hotels and dynamic food scene.

Finally, coming in at No. 15 is Guadalajara, Jalisco, Mexico’s second-largest city, known for its contribution to Mexican culture – think mariachi, tequila and charrería – historical architecture and growing creative scene. 

Mexico News Daily

Swiss president arrives in Mexico for official visit focused on economic relations

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Mexico's Minister of Foreign Affairs and President of Switzerland shaking hands
According to the Ministry of Foreign Affairs (SRE), whose representative is pictured here (R), the purpose of Parmelin's visit is to deepen economic and trade ties between Mexico and Switzerland. (@SRE_mx/X)

President Claudia Sheinbaum will meet on Wednesday with Swiss President Guy Parmelin, who arrived in Mexico on Monday.

At her morning press conference on Tuesday, Sheinbaum noted that Parmelin, whose formal title is president of the Swiss Confederation, would come to the National Palace on Wednesday.

“We’re going to welcome him and later he’s coming [back] with a group of businesspeople who we are also going to welcome,” she said.

Switzerland is not part of the European Union (EU) and is therefore not a party to the new Mexico-EU trade agreement that was signed in Mexico City in May. However, it is a signatory to the trade agreement between Mexico and the European Free Trade Association, an intergovernmental organization made up of Iceland, Liechtenstein, Norway and Switzerland.

Trade between Mexico and Switzerland was worth US $4.27 billion in 2025, according to the national statistics agency INEGI. Mexico’s imports from Switzerland were worth $2.44 billion, while its exports to the European republic were worth $1.83 billion. In 2024, Mexico’s largest export to Switzerland was gold, while its largest import from the country was medications.

Swiss companies — hundreds of which operate in Mexico — invested $540 million in Mexico in 2024.

According to a social media post by the Ministry of Foreign Affairs (SRE) on Monday, the purpose of Parmelin’s visit is to deepen economic and trade ties between Mexico and Switzerland.

“This afternoon, the [Foreign] Minister Roberto Velasco welcomed the president of the Swiss Confederation, Guy Parmelin, and his wife, Caroline Merotto, to our country. The Swiss leader is carrying out an official visit to Mexico to meet with President Claudia Sheinbaum on Wednesday to continue deepening the economic and trade ties between our nations,” the SRE wrote on X.

Parmelin — who began a one-year term on Jan. 1 after previously serving as Swiss president in 2021 — and his wife flew into the Felipe Ángeles International Airport, located north of Mexico City in México state.

The Swiss Embassy in Mexico also took to social media to acknowledge Parmelin’s arrival in Mexico for a state visit.

In a post to X, the embassy said that 80 years of diplomatic relations between Mexico and Switzerland, reached in 2025, is a “milestone that reflects decades of commitment to mutual prosperity.”

With reports from La Jornada and SDP Noticias

‘Who lied?’ about the United States’ role in the capture of cartel boss ‘El Mayo’ Zambada: Tuesday’s mañanera recapped

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Sheinbaum July 7, 2026
Sheinbaum noted that Ken Salazar, who was the U.S. ambassador in Mexico between late 2021 and early 2025, publicly said that no U.S. agency was involved in the operation to capture Zambada. (Galo Cañas/Cuartoscuro)

Sheinbaum’s mañanera in 60 seconds

  • ✈️ Contradictions in US remarks on Zambada capture: Interior Minister Rosa Icela Rodríguez laid out a timeline of the 2024 capture of “El Mayo” Zambada, noting the plane used to fly him to the U.S. is now displayed at a New Mexico museum where the FBI reportedly claims credit for the operation — directly contradicting former US Ambassador Ken Salazar’s 2024 assertion that no U.S. agency was involved.
  • ❓ “Who lied?”: Sheinbaum repeatedly questioned whether Salazar lied to the Mexican government, saying that if a U.S. agency did participate in the “El Mayo” operation, it would have violated international treaties and the Mexican Constitution.
  • 🤝 Suggestions of a US pact with organized crime: Sheinbaum and Rodríguez suggested the U.S. made agreements with organized crime members — namely Joaquín Guzmán López — to facilitate Zambada’s capture. As for the Mexican government, Sheinbaum declared, “We’re never going to make agreements with any organized crime group.”
  • 📄 FGR to seek FBI info: Foreign Affairs Minister Roberto Velasco said the Foreign Affairs Ministry has asked the FGR to request more information from the FBI, while Sheinbaum said she’s also asking the FGR to report on its investigations into Zambada’s arrest under former attorney general Alejandro Gertz Manero.

Why today’s mañanera matters

The main focus of President Claudia Sheinbaum’s Tuesday morning press conference was the 2024 arrest in the United States of Sinaloa Cartel leader Ismael “El Mayo” Zambada.

Joaquín Guzmán López, a son of convicted drug lord Joaquín “El Chapo” Guzmán, admitted in a U.S. court late last year that he orchestrated the July 2024 kidnapping of Zambada, who was forced onto a plane and flown to an airport in New Mexico, where he was arrested by U.S. authorities. Guzmán López flew to the United States on the same plane and was also taken into custody.

Sheinbaum reiterated on Tuesday the four pillars of Mexico's relationship with the United States: 1. Respect for sovereignty and territorial integrity; 2. Shared and divided responsibility; 3. Mutual respect and trust; 4. Cooperation without subordination.
Sheinbaum reiterated on Tuesday the four pillars of Mexico’s relationship with the United States: 1. Respect for sovereignty and territorial integrity; 2. Shared and divided responsibility; 3. Mutual respect and trust; 4. Cooperation without subordination. (Juan Carlos Buenrostro/Presidencia)

Mexican authorities have long suspected that the U.S. government collaborated with Guzmán López on the capture of Zambada, although the U.S. Embassy in Mexico has denied that was the case.

In late June, Sheinbaum noted that the previous Mexican government led by ex-President Andrés Manuel López Obrador asked U.S. authorities to explain how the arrest of Zambada came about, although it never received a clear response.

Today’s mañanera was significant as the federal government accused U.S. authorities of presenting “contradictory” versions of events about the circumstances of Zambada’s arrest. It was also important because the government revealed that Mexican authorities will seek information about the arrest directly from the Federal Bureau of Investigation (FBI), which was involved in the operation to capture Zambada, according to journalist Luis Chaparro and his media outlet/YouTube channel Pie de Nota.

The Sheinbaum administration has taken note of Chaparro’s reporting, which has given Mexican authorities additional impetus to determine exactly how Zambada came to be detained at a small New Mexico airport almost two years ago.

If it is confirmed that the FBI and/or other U.S. agencies were involved in an operation to capture Zambada, the Mexican government would consider that another violation of Mexican sovereignty by the United States.

Sheinbaum has already denounced U.S. interference in Mexico in light of the CIA’s alleged participation in a drug lab raid in Chihuahua in April and U.S. prosecutors’ request for the arrest of Sinaloa Governor Rubén Rocha Moya and various other current and former officials accused of drug trafficking in league with the Sinaloa Cartel.

Rodríguez accuses US of presenting ‘contradictory’ versions of events regarding the capture of Zambada 

At the start of Sheinbaum’s mañanera, Interior Minister Rosa Icela Rodríguez presented a chronology of events related to the capture of Zambada in July 2024. Here is the information she presented.

  1. Ovidio Guzmán, one of Joaquín “El Chapo” Guzmán’s sons and a leader of the “Chapitos” faction of the Sinaloa Cartel, was arrested in Culiacán on Jan. 5, 2023. Ten soldiers were killed during the operation.
  2. On Sept. 15, 2023, the government of Mexico extradited Ovidio Guzmán to the United States.
  3. On July 25, 2024, the U.S. Embassy in Mexico announced a change in the “preventive measure” (i.e. custodial status) of Ovidio Guzmán “without consulting the government of Mexico, which violates the [bilateral] extradition treaty.” (Mexico’s Attorney General Office said in July 24 that Guzmán was released from high-security prison two day’s before Zambada’s arrest, but then U.S. Ambassador Ken Salazar asserted at the time that Guzmán was still in U.S. custody.) Also on July 25, 2024, Joaquín Guzmán López, another leader of the “Chapitos,” and Zambada were detained by U.S. authorities after flying into the Doña Ana County International Jetport near Santa Teresa, New Mexico. The plane’s transponder was only turned on “five minutes before landing.”
  4. On July 31, 2024, the Mexican government requested information from the U.S. Embassy in Mexico “about the participation of U.S. agencies” in the arrest of Zambada.
  5. On Aug. 9, 2024, then U.S. Ambassador Salazar “publicly reported that no U.S. agency participated in the operation.”
  6. On May 9, 2025, 17 relatives of Ovidio Guzmán were “received by the U.S. government” at the Mexico-U.S. border.
  7. On July 2, 2026, “a report in the media outlet Pie de Nota informs that the light aircraft that was used [to fly Zambada to the U.S.] is part of an exhibition of war planes in which the FBI presents it as part of an operation of that agency.”

“Why is it important? Why is this important?” Rodríguez said.

“The versions [of events] are contradictory,” she said, referring to Salazar’s remarks and the FBI’s apparent admission that it played a role in the operation to capture Zambada.

“Someone lied,” Rodríguez said.

If it is confirmed that the FBI was involved in the operation to capture Zambada “without informing the Mexican government,” there was a violation of the UN Charter, of the Charter of the Organization of American States, of the Mexican Constitution and of the National Security Law, she said.

Rodríguez subsequently suggested that the U.S. government had entered into “agreements with organized crime” — i.e., Joaquín Guzmán López — to facilitate the arrest of Zambada.

Former President Andrés Manuel López Obrador asserted that the United States carried out the “operation” that resulted in the arrest of Zambada in the United States. With his use of the word “operation,” he apparently meant a negotiation with Guzmán López that he believed resulted in the delivery of Zambada to U.S. law enforcement authorities at the Doña County airport on July 25, 2024.

Velasco: FGR to seek information from the FBI

Foreign Affairs Minister Roberto Velasco told reporters that the Ministry of Foreign Affairs has asked the Federal Attorney General’s Office to request “greater information” from the FBI “about this [alleged U.S.] involvement that was reported in the media.”

Foreign Affairs Minister Roberto Velasco told reporters that the Ministry of Foreign Affairs has asked the Federal Attorney General's Office to request "greater information" from the FBI.
Foreign Affairs Minister Roberto Velasco told reporters that the Ministry of Foreign Affairs has asked the Federal Attorney General’s Office to request “greater information” from the FBI. (Juan Carlos Buenrostro/Presidencia)

“We have also been in contact with the U.S. ambassador in Mexico about this issue,” Velasco said, adding that the U.S. Embassy has already provided some information about how the plane that flew Zambada to the U.S. was “loaned” to a museum in El Paso. The museum he was referring to is the War Eagles Museum, located at the Doña Ana County International Jetport, which is about 27 kilometers northwest of El Paso, Texas.

Sheinbaum: ‘Did Ambassador Ken Salazar lie?

Sheinbaum noted that Salazar, who was the U.S. ambassador in Mexico between late 2021 and early 2025, publicly said that no U.S. agency was involved in the operation to capture Zambada.

“However, in recent days we found out via a media report that the plane in which these two people, organized crime members, arrived [in the United States] is on display at a … [museum] where the FBI claims this operation,” she said.

“So, based on that, the question is, who’s lying? Who lied? Did Ambassador Ken Salazar lie?” Sheinbaum asked.

“Why is it important? Firstly, because he [allegedly] lied as ambassador, and secondly, if one of the U.S. agencies participated in this operation, it would have violated international treaties and the Constitution of the United Mexican States,” she said.

Sheinbaum also suggested that the United States had made a pact with “members of organized crime.”

‘El Mayo’ releases statement on his arrest: ‘I was kidnapped’

After noting that members of the extended family of Ovidio Guzmán (and El Chapo) were received by U.S. authorities at the border last year, she asked: “Who makes agreements with members of organized crime?”

Sheinbaum subsequently said that her government doesn’t make such agreements, adding to her insinuation that the U.S. government does.

“We’re never going to make agreements with any organized crime group,” she said.

Sheinbaum noted that the Foreign Affairs Ministry has asked the FGR to seek information directly from the FBI. She also said that the government is asking the FGR to report “today or tomorrow” on the investigations into Zambada’s arrest that it carried out while Alejandro Gertz Manero was attorney general. Gertz Manero resigned as attorney general late last year and is now Mexico’s Ambassador to the United Kingdom. Sheinbaum also said that her government has asked the FGR to report on what ongoing investigations it is carrying out related to the capture of Zambada.

“This is very important,” she said.

“And again [I ask] who lied, or who is lying? Did Ambassador Ken Salazar lie?” Sheinbaum added.

Later in the press conference, she said that all ambassadors have diplomatic immunity, which could protect Salazar from any legal consequences if he indeed made false remarks. However, Sheinbaum stressed that it is nevertheless “very significant” if a U.S. ambassador lies to the government of Mexico.

“If he lied, he’s not just lying to the government of Mexico, he’s also lying to who he is representing,” she said.

“… You can’t lie to the government of Mexico, just as we don’t lie to the U.S. government,” Sheinbaum said.

By Mexico News Daily chief staff writer Peter Davies (peter.davies@mexiconewsdaily.com)

Some ‘Mexico Embraces You’ centers, created to help deportees, are closing

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Office with Mexico Te Abraza sign
The México Te Abraza program provides deported Mexicans with cash, temporary shelter, job assistance and what many say they want most — respect and decent treatment. (Estado de México/Facebook)

Reacting to draconian immigration policies enacted when Donald Trump began his second term as U.S. president, President Claudia Sheinbaum launched the “Mexico Embraces You” program  (“México te abraza”) to support deported citizens with financial assistance, medical care, documents and temporary housing.

Now, however, as fewer Mexicans are being deported and returned home, the government has closed several of the shelters, but not all. “Some were [closed], and most were made smaller, but they remain ready to receive those who arrive,” Sheinbaum said last week, adding that facilities continue to operate at key locations, especially for those arriving by land.

President Sheinbaum said Interior Minister Rosa Icela Rodríguez is reviewing the Mexico Embraces You program to make sure that it continues to operate, even if in a reduced capacity, and that its funds are distributed efficiently. (Rosa Icela Rodríguez/Facebook)

Sheinbaum said the program is currently focused on southern cities such as Villahermosa, Tabasco, and Tapachula, Chiapas, where the largest number of deported Mexicans have been received. There is also a well-staffed shelter at Mexico City’s Felipe Ángeles International Airport, which is still receiving repatriation flights from the United States.

“They are welcomed home, supported and given a Paisano card (a 2,000-peso debit card, or roughly US $115) which provides resources allowing them to travel to their destinations,” she said. “We inform them of all the support available, including access to employment.”

Interior Minister Rosa Icela Rodríguez said the government is constantly reviewing the network of shelters to ensure that resources are allocated efficiently. Sheinbaum said Rodríguez will supply details about which shelters had been closed and how funds were being distributed.

Returning migrants interviewed by the Conexión Migrante media outlet said that even though the support is limited, they appreciate the fact that the government is making an effort to assist them.

What returnees want more than anything else, most said, is to be treated with respect.

“We don’t want special treatment, just respect and patience,” one of them told Conexión Migrante.

Many of those repatriated have spent months in detention centers in the United States, the interviewed returnee said, and yet, upon returning, they face bureaucracy, mistreatment and offensive remarks.

The lack of respect he described includes criticism of children who have lived most or all of their lives in the United States and don’t speak Spanish.

With reports from El Heraldo de Chiapas, Conexión Migrante and Infobae