Monday, April 28, 2025

For Guerrero emigrant, it’s death in the desert or life in the US

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Cochoapa El Grande, where anyone with half a chance in life leaves.
Cochoapa El Grande, where anyone with half a chance in life leaves.

If there’s one thing I’ve learned from deportees, it’s that deportation is the easy bit.

Being handcuffed and forcibly returned to Mexico, be it through a border door or a plane deeper into the country, is bearable. Few are treated with respect and many are treated inhumanely, but over the years I’ve spent covering the plight of returning migrants, the vast majority have the same attitude: “Fair enough, you got caught. What else did you expect?”

Take David, whom I met in Guadalajara earlier this month. He’s from Cochoapa El Grande, in Guerrero state, the most impoverished municipality in Mexico. I’ve been there too.

It’s a mountain town, a two-hour drive up into the pine-jungled hills above Tlapa. Half an hour up the route, the asphalt comes to an end and the bright orange dirt road, cut at a right angle out of the hillside and furrowed by the streams of these sierras’ constant drizzle, takes you to the arches at the entrance to the town.

It looks much like any other town in this area. Adobe walls where the rock plaster has been chipped away, exposing the large rounded slabs. The colorful bubble-lettered graffiti promoting the visit of a music band two months ago. The town square, lined with topiarized square bushes and the see-through glass box containing jicama, chile powder and wasps.

Below the town there’s an enormous social housing development. One hundred identical houses built by a federal government stand in eight identical lines. The houses are deserted. Their windows smashed. You can see children running in between them.

It’s not because they’re bad. It’s because the town itself is underpopulated. Anyone with half a chance in life leaves. What good’s a roof over your head if there’s no work outside your door?

Cochoapa El Grande is impoverished for a reason: it’s two hours up a dirt road from Tlapa. There’s agricultural work, but profits are eaten up just getting the product to the commercial center. A bad road moves produce slowly, eats up more diesel, and damages the peaches (the main crop) along the way.

“Wouldn’t the housing money have been better spent on putting a proper road in?” I ask a local.

“Different ministries,” he shrugged.

Cochoapa El Grande is struggling even more. Like much of Guerrero, clandestine opium poppy production has for a long time been a major source of income. The opium fields produce at least two harvests a year: the wet season and the dry season.

The dry season opium is the best. It’s thicker, more concentrated, and when I first covered the industry four years ago, sold for US $1,500 a kilo.

But Fentanyl – synthesized opium – a hundred times stronger and far easier to produce, has ripped the bottom out of the market.

David, our deportee in Guadalajara, knows all about that. “A kilo of dry season gum is at $250 now,” he told me.

“There’s no other way to make money, so I had to try to cross the border.”

He went to Tijuana, hired a coyote guide, and crossed into Arizona. He got in. It was only at a Tucson McDonald’s that he got unlucky. A cop stood beside him in the line and watched his unusually ravenous hunger with suspicion when his quarter-pounder arrived.

He was sent to Guadalajara for that reason. To get him a thousand kilometers from the border makes it harder to get back. But don’t think that puts him off.

“I’ve already left my village,” he said. “I can’t show my face there again. People are depending on me.”

He would rest a day or two in Jalisco, before taking off again.

Back to Tijuana.

Back to the border.

“I know I can get in, because other people have done it,” he said, relaxing into the anonymous interview. “For me it’s either death in the desert, or life in the United States.”

Fair enough, he’s got half a chance. What else did you expect?

Alasdair Baverstock is a freelance foreign correspondent and reporter for CGTN who has covered Mexico and Latin America for nearly a decade. You can follow him across social media at @alibaverstock.

Crime is up in Tapachula, but migrants are not necessarily to blame

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Jesus Aguilar in Tapachula, Chiapas.
Jesus Aguilar in Tapachula, Chiapas.

I caught up with Jesús Aguilar, or Polo to his friends, over a delicious breakfast buffet in Tapachula, Chiapas. Polo had been my driver in 2018 when I was reporting on the migrant caravan, so I was keen to catch up with him to hear how Tapachula had changed since then.

“Tapachula isn’t the same town that it was. The main difference.” he explained, “is the level of crime.” In his view, the issue isn’t that migrants are committing crime, it could just as likely be Mexicans. The problem, he said, “is the growing perception that migrants are the culprits.”

Polo had recently taken on some Cuban migrants to work in his business. He couldn’t speak highly enough of their work ethic. They consistently go beyond what is expected. They bring with them “an attitude of wanting to work hard to lift themselves out of poverty.” 

Polo had shown that same work ethic with me years before when we worked together.  His role quickly went beyond driver to become my bodyguard, fixer and ultimately friend.  He would turn up each day with some new item, such as a sun hat, a snack or an energy drink, that might help to get us through that day. 

Our conversation moved to Chiapas and Polo is so proud of his beautiful part of Mexico. He leans in and tells me the best kept secret in Chiapas is the town of Comitán. It has everything you could want: waterfalls, ruins and perfect weather from day to night. Don’t worry, Polo, your secret is safe with Mexico News Daily.

Mexico News Daily

Amber light turns green for Pemex to plow through protected mangroves

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Mangroves are protected until the government decides to build a refinery.
Mangroves are protected until the government decides to build a refinery.

In southern Mexico, as in other similar climatic zones throughout the tropics, an extraordinary feature of the environment works tirelessly away upon the coast. Across countless marine shorelines and river estuaries you’ll find them doing what they can to reverse man-made climate damage. Here are the world’s greatest carbon scrubbers; their value, until recently, has been unquestionable.

The mangroves that exist in the tropical climes of the Caribbean and Central America are a vital feature of the region’s natural arsenal against carbon — aquatic trees that are adapted to harsh coastal conditions and absorb carbon dioxide for long-term storage, a unique process that makes them some of the most valuable resources in tackling the carbon crisis.

Their ability to effectively filter polluted seawater as well as oxygenate the air led to them being declared a protected entity, beyond the reach of large-scale companies capable of mass deforestation of areas heavily populated by mangroves.

Since then however, the conversation around the preservation of these sites has begun to regress, the tipping point being when President López Obrador offered the green light to Pemex to begin construction on a US $8-billion oil refinery over mangroves in Dos Bocas, Tabasco.

Following a disappointing downturn for Pemex amid plunging oil prices and ebbing investor confidence, AMLO — as the president is popularly known — hurriedly approved the project in his home state. Almost immediately following the go-ahead, large swathes of mangroves began to vanish from satellite imagery.

Mangroves at Dos Bocas, before and after.
Mangroves at Dos Bocas, before and after.

Seemingly ignoring the imposition of  a $700,000 fine from the National Security, Energy and Environment Agency (ASEA), the third-party incriminated continued to plow through the protected areas. Following a “conditional permit” to proceed with the project, Pemex was made aware that all further development was dependent on the immediate halting of mangrove deforestation.

But in an almost incestuous continuation of the government’s relationship with its state oil company, a blind eye has been turned to further pillaging of the mangroves on Tabasco’s coast. While the government professes to condemn Pemex’s actions, it continues to wave on the development of its newest refinery, a project which in the words of its own regulatory body for such matters, must not threaten the survival of protected mangroves. It is a perpetual paradox, and one that in all the confusion of the matter, may fall under the radar of the casual observer.

The evidence is clear to see. Roadways encroach farther and farther into the forest to allow vehicle access to the refinery, and existing clearings grow in size, incrementally removing swathes of the mangroves.

The campaign of deforestation in the area is, perhaps most importantly, being taken before the government’s official permit allows it to do so, and after the severe fine and reprimand it received from the environmental regulatory body. Pemex is already getting started, and perhaps the administration is afraid of intervention should any loose spanners end up in the proverbial works, threatening the longevity of the project.

López Obrador is ideologically a leader from a different age when it comes to the environment, focused almost exclusively on economic development with nary a glance or policy towards the current environmental crisis. As such, with Pemex in need of a boost, and AMLO’s campaign promise to save the country’s national oil company still echoing in the wind, all regulation is cosmetic in the face of the oil giant’s needs.

This reality is currently sitting at odds with a parallel pressure weighing on AMLO’s presidency, the importance of truly tackling Mexico’s carbon contribution as other leaders in the region continue to make similar commitments and Mexican cities show levels of pollution regularly exceeding target averages.

It is these two factors that continue to inform AMLO’s arguably erratic legislative activity: he supports Pemex’s building of an $8-billion refinery but insists the trucks that carry the oil must run on clean diesel. He offers a vast swathe of coastal land for said refinery but attempts to simultaneously protect the mangroves under threat, while ultimately rolling over after an apparent struggle, seemingly beaten back by the desperate needs of the economy.

Mexico’s environmental regulator is unlikely to pursue any meaningful action against those responsible for the destruction of the mangroves. Soon after the permit to develop the refinery was offered, the executive director of the ASEA, Luis Vera Morales, stepped down in protest, only to be replaced by Ángel Carrizales López, a diplomat who was once a close aide to AMLO.

This isn’t the first time that Carrizales López has been nominated by AMLO for a position in a regulatory body, but it is the first time he hasn’t been rejected by lawmakers, the position at the ASEA not requiring legislative approval. The fresh-faced leader has already committed to canceling the original $700,000 fine on the Pemex third party and is said to be hopeful of a relationship on good terms with the president, an attitude that could foster apathetic distraction from the conservation issues in question.

The president of the Mexican Center for Environmental Law, Gustavo Alanis-Ortega, has echoed an ongoing frustration leveled at the AMLO administration, saying that “If they are indeed breaking the law [at Dos Bocas], this shows that there is no real commitment to legality and the rule of law.”

This all mirrors a dynamic that has repeated itself since López Obrador took office: a prioritization of pragmatic action over environmental red tape. The Maya Train, a project that will run a network of trains throughout the southeast, was hurried, and it refused numerous times to await the analysis of an environmental impact report.

The same motivation at play in that ongoing saga is being revealed here as well, as the hope remains that legacy and demonstrable successes will eventually overshadow the methodological gray areas and drown out the nit-pickers with their clipboards.

Essentially, the green light the government has given Pemex is closer to amber. This is, at least, the message the government is trying to send, toeing both sides of the line until it can claim victory for an economic boost while simultaneously accepting its fair share of praise for taking on the environmental recklessness of the oil industry.

While it is true that the government has not provided explicit support for development of the mangrove zone, it has offered the industry an area rich in mangrove ecosystems. Is there really a difference? The government would say yes but in fact they’d rather not say anything at all.

Writer Jack Gooderidge is based in Campeche.

Coronavirus claims second victim; health officials confirm there are 203 cases

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A worker at a transit station in Nuevo León sprays disinfectant.
A worker at a transit station in Nuevo León sprays disinfectant.

Health officials confirmed that a patient who died in Durango on Thursday tested positive for Covid-19, making him the second person in Mexico to die of the disease.

The man was 74 years old and suffered from hypertension.

“Yesterday we mentioned a suspicious death in the state of Durango. The result was confirmed as [Covid-19],” Health Ministry epidemiologist José Luis Alomía told a press conference on Friday.

He said that at that moment there were 203 confirmed cases and 606 suspected cases of Covid-19 in the country. Of the hospitalized patients, 2% are in critical condition.

Contact tracing on the patients led to the identification of 66 people with symptoms, of whom 27 tested positive for the coronavirus. They have all been isolated and are undergoing treatment.

The total of confirmed cases is up from 164 as of Thursday evening.

As for how long Mexico can expect to be affected by the coronavirus, officials from the Health Ministry gave conflicting forecasts on Friday.

Alomía told the press conference that cases would peak in April or May. He said that the country is currently 22 days into Phase 1 of the virus’s cycle, which could last four weeks in total.

Phase 2, in which the highest number of cases is expected, will last about three weeks, he said, but added that it all depends on how people behave during the crisis. If the public does not practice effective methods of social distancing, the phases could last longer.

However, Deputy Health Minister Hugo López-Gatell told a reporter from Grupo Fórmula on Friday that Mexico will see the most cases in June.

“We have to prepare ourselves for a long epidemic,” he said, but added that the government has a positive outlook on the situation.

“We’re very hopeful that we will slow down transmission and in the moment that the [virus] spreads, which is going to happen, it won’t be so intense,” he said.

López-Gatell predicted that a decline in the number of cases could be seen in July or August, but the pandemic could continue until October.

The head of the national commission of high-specialty hospitals, Gustavo Reyes Terán, urged citizens with symptoms related to Covid-19 to remain at home and contact authorities in order to conduct the proper testing.

He said this remain-at-home procedure is important to keeping space available in high-specialty hospitals for more serious cases and ensuring that their emergency rooms do not become saturated with patients.

Mexico City Mayor Claudia Sheinbaum urged citizens to stay at home in a video posted to Twitter on Thursday, saying that such social distancing will help mitigate the spread of the virus.

Sources: Milenio (sp), El Financiero (sp), Diario de Yucatán (sp)

Sex crimes soar to a record high in February, up 28% over January

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One of the many protests against violence in Mexico City.
One of the many protests against violence in Mexico City.

Mexico saw a record number of reports of sex crimes in February, when 5,239 investigations were initiated.

It was the highest number of reported cases since the National Public Security System (SNSP) began keeping such records in 1997.

Reports of sexual abuse, assault and harassment surged 28.5% from January to February, after the first month of 2020 saw 4,078 cases.

Mexico City had the highest number, where incidents skyrocketed 63.8% from 490 in January to 803 in February. Sexual abuse accounted for 415 of the cases and 167 were for sexual assault.

On a brighter note, intentional homicides dropped 1.8% in February to 2,766.

The most reported sex crime in the country was sexual abuse, which accounted for 2,237 of the cases, followed by rape, with 1,135. There were 565 reports of sexual assault, a 56% increase from the 363 reported in January.

There was also a rise in reports of sexual harassment, from 128 in January to 228 last month, a 78% increase.

The federal government’s Specialized Committee on Sexual Violence estimates that nine of every 10 people reporting such crimes were female and that as many as 40% of them were under 15 years old.

Femicides increased by 24.6% in February, with 91 cases. The majority of them took place in México state, which saw 16. It was followed by Veracruz (12), Puebla (10), Nuevo León (7), Baja California (6) and Mexico City (5).

Those six federal entities accounted for 61.5% of the reports of femicide in the country in February.

Mexico City Mayor Claudia Sheinbaum announced on February 21 that her administration would strengthen the city’s security strategies to focus on violence against women in order to detect and prevent such crimes.

At the beginning of March, she announced the program called S.O.S. Mujeres, or S.O.S. Women, which aims to visit every single household in the city to inform women of the institutions available to victims in need of support.

She also proposed a campaign to promote equality and nonviolence, as well as a public sex offender database, the approval of a law to criminalize the publication of sexual material without the person’s consent and a street security campaign called Camina libre, Camina segura (Walk free, Walk safe).

Over 80,000 women marched in Mexico City on March 8 to demand better security in the wave of femicides that has swept over the country.

Source: Milenio (sp)

CORRECTION: Homicide numbers were incorrect in the earlier version of this story.

Zihuatanejo’s Sotavento resort: a dream project on the cusp of completion

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The view from a condo at Sotavento.
The view from a condo at Sotavento.

For many years, construction of the iconic Sotavento Ocean Resort & Villas overlooking the bay of Zihuatanejo has been a source of frustration — for both buyers as yet unable to realize their dream of owning a beachfront condo and locals who’ve had to view the unfinished project with seemingly no end in sight.

For many it was an eyesore that would never be completed and the source of rumors and half-truths that surrounded the project.

After receiving an invitation to check it out, I caught up with Mike Drever, the project’s developer since 2018, at his “Meet the Developer” social event. I wanted to find out firsthand why he believes this project will finally come to fruition. But first I wanted to know how and why he came to Zihuatanejo in the first place.

“I worked on a 46.6-foot Bertram sportfishing yacht as a deckhand when I was in my early 20s, called Muy Loco. I ran the boat from Vancouver to Acapulco and of course found Zihuatanejo along the way and fell in love with it. I also discovered the Sotavento Hotel, which I frequented regularly.”

I couldn’t help but see the irony and asked him whether his 20-year-old self ever thought he would one day own the hotel he loved to watch sunsets from at the Sunset Bar, to which he replied, “Never.”

With the view comes an infinity pool.
With the view comes an infinity pool.

It made me curious how someone went from being a deckhand to working in the travel/hospitality industry.

At 26 Drever opened his first travel agency, CruiseShipCenters, then sold 50% to Expedia in 2006 and renamed it ExpediaCruiseShipCenters. Over the next few years he began to reduce his percentage of ownership until in 2012 he resigned completely. As an entrepreneur behind many companies over the years, he saw to it that three of his businesses were directly involved with the Sotavento project: Performing Equity Ltd, a real estate development company; BranchUp, the travel technology company for sales and marketing of the hotel; and Glory Juice Co. for the wellness, food and education programs.

“When we first took possession of the property, we had to kind of take a deep dive and do an assessment as to what would be the best utilization of the property — what would be the best way to build it out. And as you know there is a legacy. There were a bunch of people who originally purchased a property here and when the project stalled, we made the decision as a new developer to protect their investments. We were able to, in working with them, move them out of what is known as the North Tower. And everyone got into the South Tower.” They then added 10 more units.

The reasoning behind that, Drever explained, was to get the existing owners into the project and get the project opened as fast as possible. Technically (and legally) they could have just foreclosed on the property.

“But that was not something we wanted to do and so we honored all contracts with previous buyers. From where we are right now, we could be open in eight months, but realistically I believe we will open February/March 2021.”

Drever then explained that his program differs quite a bit from timeshares, admitting that some programs are good while others are “not so good.”

“With our program we all become travel agents. In other words, the Sotavento Travel Club pays you commission wherever you travel in the world in the form of savings, with up to 60% off online travel agencies such as Expedia, Travelocity and those types of companies.”

The other reason that Drever is confident about the project is the support they’ve received from various levels of government, including the municipality and the state.

“This is an iconic piece of property. When we open, it will be one of the largest employers in the city. As far as what we can give back to the community, we are working with all the organic farms that are currently working at 5% capacity. It’s a great opportunity to get those farms going and be able to bring that produce into the market, and this kind of helps in creating some employment. The city works very closely with us and last year they rezoned this entire beach. There is a lot of work that has been done here that people can’t see because it is all on the inside.”

As I toured the incredibly beautiful suites, I tried to imagine waking up to the view of the bay of Zihuatanejo – but as of today’s writing, the property is 75% sold.

The writer is a Canadian who has lived and worked in Mexico for many years.

CORRECTION: A photo that appeared in the original version of this story was not an accurate depiction of the project as it is today and has been removed.

General Motors, Volkswagen announce temporary plant closures

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The coronavirus is shutting down more automotive plants in Mexico.
The coronavirus is shutting down more automotive plants in Mexico.

More automobile manufacturers have announced that they will temporarily close plants and take other precautionary measures in response to the Covid-19 coronavirus pandemic.

Ford, Honda and other major car companies announced earlier this week that they would limit or suspend production in Mexico in attempts to mitigate the spread of the virus. Now others have also decided to take action.

General Motors had originally planned to close only plants in the United States and Canada, but the company announced Friday that it would temporarily halt production at its four plants in Mexico for cleaning and sanitization.

The plants are located in México state, San Luis Potosí, Guanajuato, and Coahuila. They will suspend operations at different times between March 23 and 30, and the company has set a tentative reopening date for April 13.

Volkswagen will also suspend operations at its plants in Puebla and Guanajuato beginning March 30, resuming production on April 12. The plant in Puebla is the site where that state’s first case of Covid-19 was confirmed.

Volkswagen said in a press release that it took many factors into consideration when making the decision, but safety was the top priority.

“The most important part of the analysis was the behavior of the contagion in other countries and how they compare with the virus’s evolution in Mexico, all with the purpose of mitigating as much as possible the risk to our collaborators, their families and the general population,” it said.

The week before the suspension of activities, the company will attempt to control the spread of the virus with checkpoints equipped with thermal cameras at the entrances and exits to the plants, the suspension of all new international travel and 14-day home quarantines for employees returning from international business trips currently in progress.

Nissan also announced that it will suspend its manufacturing in Mexico, shutting down from March 25 to April 14.

“There are currently no cases of the coronavirus in any Nissan installation [in Mexico],” said the company in a press release. “The other areas essential to the company will function with optimal security measures.”

Pirelli Tires took into account both the health risk from the virus and the current lack of demand for its product when deciding to scale back production.

The Italian company said that it will halt operations on Monday and monitor the situation day by day. It did not say when it would resume production.

“For the people who keep working, even with reduced production, Pirelli established security protocols to protect the health of its workers, who continue to be its priority,” the company said in a statement.

It will keep its warehouses functioning at reduced levels in order to keep providing limited services to customers.

Sources: La Jornada (sp), El Financiero (sp)

Coronavirus pandemic is bad business for the bad guys too

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Mexico City vendors must continue to pay extortion even as sales decline.
Mexico City vendors must continue to pay extortion even as sales decline.

The coronavirus pandemic is not only having a big economic impact on legal industries such as tourism, retail and entertainment; it’s also hitting Mexican criminal groups.

Citing several Mexican media sources, a report by InSight Crime, a foundation dedicated to the study of organized crime in Latin America and the Caribbean, says that criminal groups are struggling to source illicit items from China such as fake luxury goods and chemical precursors to make fentanyl because of the outbreak of Covid-19.

It was reported in February that La Unión de Tepito, a criminal group that controls much of the counterfeit goods trade in Mexico City, was facing pushback from businesses when its members went to collect extortion payments known as cobro de piso. The businesses said that they couldn’t afford to make the payments because they were not receiving illegal merchandise from China.

A cell within La Unión de Tepito, which is based in the notorious Mexico City neighborhood of the same name, has been going to China since 2010 to purchase counterfeit clothes, jewelry and other goods to be sold later in shops and markets in neighborhoods such as Tepito, Lagunilla and the capital’s historic center.

However, due to the outbreak of coronavirus in Wuhan, China, late last year, the members of the cell known as Los Marcos Polos have been unable to travel to the east Asian nation to purchase new supplies. La Unión de Tepito reportedly told shopkeepers that the trips to China have been suspended.

While some business owners are threatening to stop paying extortion payments after paying for merchandise from China that hasn’t arrived, La Unión de Tepito remains determined as ever to collect them.

Business owners in the central Mexico City borough of Cuauhtémoc who spoke with the newspaper Milenio said that even though their sales are down due to the growing outbreak of Covid-19 in Mexico, members of La Unión have made it clear that they will not be stopping the collection of payments.

One person who asked to remain anonymous told Milenio that a gang member said: “Start saving because there won’t be a reprieve because of the virus.”

“We don’t give a damn that there are not a lot of people [shopping, frequenting bars, etc.]. … [If you don’t pay] there will be abductions, you toe the line or you’re fucked.”

Milenio reported that La Unión has incurred massive losses due to the failure to secure and sell counterfeit goods from China and is determined to make up for them by charging an additional “tax” in areas where it holds sway.

The business owners said that young, armed men on motorbikes are sent to collect the cobro de piso payments and threaten them. They renewed their call for the National Guard to be deployed to central Mexico City to combat crime.

As La Unión de Tepito sees its revenue fall due to the disruption of supply chains in China, another much larger criminal organization is also experiencing an interruption to business as usual as a result of the coronavirus pandemic.

Citing a source within the federal Attorney General’s Office (FGR), MVS Noticias journalist Óscar Balderas reported on the radio show Nación Criminal earlier this month that the China contacts of the Jalisco New Generation Cartel (CJNG) have been unable to ship precursors to make the synthetic opioid fentanyl due to the outbreak of Covid-19.

According to the FGR source, the CJNG may be forced to raise its fentanyl prices and could lose customers to other criminal groups as a result.

Headed by Nemesio “El Mencho” Oseguera, the Jalisco cartel is one of two main importers of fentanyl into the United States, according to the U.S. Drug Enforcement Administration.

InSight Crime reported that the supply chain troubles of La Unión de Tepito and the CJNG are likely only the beginning of the impact of the coronavirus pandemic on organized crime.

In an analysis of the situation, it predicted that “criminal groups across the region will feel the squeeze.”

“Countries across Latin America are shutting down borders and preventing air travel, which is likely to significantly disrupt criminal economies like drug trafficking, contraband smuggling and human trafficking. With most aircraft grounded, illicit drug flights that have become a mainstay of drug trafficking in the region may become easier to track,” Insight Crime said.

Larger organizations, such as the CJNG, are better equipped to withstand the coronavirus-fueled economic slowdown but smaller groups such as La Unión de Tepito may struggle, the foundation said.

Source: Insight Crime (en), Milenio (sp) 

Central bank cuts benchmark rate to 6.5% in response to pandemic

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bank of mexico

The Bank of México (Banxico) cut its benchmark rate by 50 basis points to 6.5% on Friday, mimicking other central banks around the world that have eased rates in response to the global coronavirus pandemic.

The decision came after an unscheduled meeting of the Banxico board whose members were not due to meet until March 26.

“Considering the risks for inflation, economic activity and financial markets derived from the Covid-19 pandemic, significant challenges arise for monetary policy and the economy in general. In the face of the forecast impact, with the presence of all of its members, the board decided by a majority to reduce … the interbank interest rate …” the central bank said in a statement.

It added that one board member voted in favor of a quarter-point rather than a half-point cut.

Noting that the value of the Mexican peso has declined significantly, the prices of raw materials, especially oil, have fallen markedly, financial conditions around the world have deteriorated and global growth forecasts have “severely” slumped, the Bank of México said that it would also take additional measures to “provide liquidity and improve the operation of domestic financial markets.”

They include reducing the minimum amount of cash reserves that banks must hold and offering dollar auctions.

The central bank said that the impact of the coronavirus pandemic on economic activity in Mexico, “in the context of greater weakness in the global economy,” will result in a “deterioration of growth prospects.”

The prediction comes three weeks after Banxico cut its growth forecast for 2020 to between 0.5% and 1.5%, citing weakness in the global economy, trade tensions and the outbreak of coronavirus as factors.

With cases of Covid-19 increasing in Mexico and around the world, that forecast now looks fanciful.

Investment bank Credit Suisse is now predicting that the Mexican economy will contract 4% this year while the Bank of America anticipates that GDP will shrink by 4.5%.

With regard to inflation, the Bank of México said that it expects the rate to continue to trend downwards, albeit more slowly, toward the goal of 3%. Lower energy prices will help push prices down but the falling exchange rate could place upward pressure on the inflation rate, Banxico said.

Source: El Financiero (sp) 

Supposedly ancient sculpture returned to Nigeria declared a ‘total fake’

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The sculpture presented by Mexico to Nigeria.
The sculpture presented by Mexico to Nigeria.

A sculpture thought to be an ancient artifact that was seized at the Mexico City airport and returned to Nigeria in February is a fake, according to the ethnography curator of a museum in Belgium that specializes in the culture and history of Africa.

On February 25, Deputy Foreign Affairs Minister Julián Ventura handed over a small bronze sculpture believed to have come from the ancient Yoruba city of Ife to Nigeria’s ambassador to Mexico, Aminu Iyawa.

Ventura said at the time that returning “illegally extracted” cultural artifacts to their country of origin was a “priority” for Mexico.

Without guaranteeing that the sculpture was authentic, Raffaella Cedraschi, a researcher at Mexico City’s National Museum of Cultures, said in a a report prepared in conjunction with the National Institute of Anthropology and History that it “very probably” came from Ife, an ancient city in the southwest of Nigeria that is famous for bronze, stone and terracotta sculptures dating back to between 1200 and 1400 AD.

The sculpture, which depicts a man and was sent to Mexico by post from Cape Town, South Africa, could be the product of “archaeological looting” or “trafficking of ancient objects,” the report said.

“We believe that it is necessary … to deem it an important cultural asset for the Yoruba people of Nigeria.”

However, the ethnography curator at the Royal Museum for Central Africa in Tervuren, Belgium, told the newspaper El Universal that it was “really simple” to arrive at the conclusion that the sculpture is a “total fake.”

Julien Volper was able to reach his conclusion simply by looking at a photograph of the piece.

The “appearance, style and patina” of the sculpture all belie its authenticity, said Volper, who also advises the police, customs and other authorities in Belgium when they are investigating cases related to African artifacts.

“I would never make a declaration [that the sculpture is fake] … if I wasn’t 100% certain. This piece is totally fake, without a doubt,” he said.

Volper said that any other expert, curator, collector or merchant of African art would reach the same conclusion.

“Honestly, just seeing the photo is enough,” he said.

The curator said that he didn’t know how the authorities in Mexico could have determined that the sculpture is authentic but suggested that it was probably because they have a lack of knowledge about African art.

“They habitually work with Mexican and pre-Columbian art but not likely with African art. The biggest mistake was to leave the work to people who don’t specialize in African art,” Volper said.

Source: El Universal (sp)