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The growing tragedy of Cuba

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Havana, Cuba
Cuba's people are suffering due to political pressures from the U.S. (JF Martin/Unsplash)

Especially for those of us from north of the border, the idea of truly being trapped is foreign to most of us.

Look how many of us had the freedom to simply pick up and move to Mexico, for example! Doing it “the right way might be complicated (and expensive), but it’s not impossible. And anyway, even doing it “the wrong way” does not typically get us abused or deported.

Havana, Cuba
Cubans have been put in a terrible situation. Revolt or starve? (Alexander Kunze/Unsplash)

Plenty of us have been through tough times and situations. But we’ve mostly been through them as free citizens of a free nation. Most of us English speakers who’ve immigrated to Mexico grew up in places where getting a fair shake is simply expected.

If worst comes to worst, we can usually find a job — even if it’s not the job we want. We can count on grocery stores being stocked with food and on getting a steady flow of electricity. There are enough comfortable people around us that charity is a real possibility if we wind up needing it.

A life without agency

All this is to say that it’s rare that most of us living today have been in situations of having no hope or agency. It is because we haven’t, I’d argue, that it’s so easy to dismiss refugees fleeing hopeless situations in their own countries, or to imagine that people unable to help themselves are truly unable to: we simply can’t imagine being unable to do anything about a bad situation we may find ourselves in.

This is a very different experience from many others in the world, who are basically fish in a barrel. Look at Gaza, for example. For most Palestinians, there’s literally no way out other than death. Look at Sudan, where poverty is rampant and soldiers roam from town to town taking what they will. Or look at Ukraine, fighting to defend its sovereignty, the world apparently weaker than it seemed to stop such an obvious violation by a stronger power. Russia’s young men, in the meantime, are being plucked by force to go fight in a useless war. Look at Venezuela: poverty, shortages of goods and services, and a takeover by a country that openly cares about its national resources, not the people.

Look at Cuba.

What’s happening in Cuba

Cuba has been in the news a lot more lately, and not for reasons it would like. Its people are suffering, starving and dying of preventable diseases.

Oil tanker
Venezuelan oil shipments to Cuba have plummeted by 63% since 2023, resulting in a situation where Mexico is now the chief supplier of crude to Cuba. (Jens Rademacher/Unsplash)

The reason is not that they don’t work hard enough; it’s not that they’ve failed to “find solutions.” It’s the literal squeezing from the U.S. In classic Trump fashion, he’s actively causing the pain, then blaming those suffering for the consequences of it. Donald Trump wants it “fallen” and is salivating already: another notch in his belt after his “success” in Venezuela.

And now he’s preventing, in a major way, Mexico from helping.

One of the most meaningful ways that Mexico could help, and has helped, is by sending oil. In 2025, it surpassed Venezuela as its main oil supplier, which Cuba depends on for electricity.

US designs on Cuba

But Trump has become bolder and more confident. Though Mexico and Cuba have been close allies for a long time, Cuba has managed to stay on the U.S.’s bad side since their revolution in 1959. Obama re-established relations with the country, only to have them turned right back around by Trump … twice.

When you think about it, it’s hands down amazing that Cuba has survived for so many decades with outright hostility from their largest and most powerful neighbor. And even in its poverty, Cuba’s people have managed to do amazing things, turning out top doctors, dancers and artists. Given the circumstances, it’s amazing Cubans have accomplished so much.

But now, they are in a true new crisis, caused single-handedly by the U.S. government under Donald Trump. We know that Trump’s got his eye on Cuba for conquest, and signs seem to point to him having an eye on Mexico as well. That story about the El Paso airport closing because they were fighting off Mexican drones? They couldn’t be more transparent if they were made of Saran Wrap.

Andrés Manuel López Obrador welcomes Cuban President Miguel Díaz-Canel Bermúdez
Andrés Manuel López Obrador welcomes Cuban President Miguel Díaz-Canel Bermúdez on a state visit in 2023. (Gobierno de Mexico)

This puts Mexico in a tough spot. Mexico wants to help Cuba, as it always has. And it has done so despite the disapproval of the U.S. Honestly, Mexico has been a great “Switzerland” in the situation: it has stayed in the U.S.’s good graces while helping an ally that has lived for decades under the U.S.’s very intentional thumb.

Trapped on an island

Cubans right now are pretty much literally fish in a barrel. It’s an island. How to escape one’s fate? Again, most of the readers of Mexico News Daily have never had to deal with the certainty that we’d flat-out die if someone didn’t show mercy. If we have, it’s been on an individual basis, not because we happened to live in a certain place. We’ve grown up knowing that 1) help was likely to arrive and 2) there were things we could do to help ourselves.

What can Cubans do (or Palestinians, for that matter)? When a powerful country has decided you must be collectively brought to your knees, there’s nothing you can do to keep your children, or yourself, from suffering the consequences. They must die because someone you don’t know wants to use you as a pawn to bring some other power you also have little to do with to their knees. It is the very definition of “unfair.” (In a book I recently read, a god says, “Fair? What’s fair?”)

I’m with President Sheinbaum on this one: “You can agree or not agree with a regime, but the people should never be affected.”

I wish the people insisting on Cubans’ suffering could get behind that message, too.

Sarah DeVries is a writer and translator based in Xalapa, Veracruz. She can be reached through her website, sarahedevries.substack.com.

The iconic Nissan Tsuru returns as a Mexico City taxi Hot Wheels collectible

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Nissan Tsuru Mexico City taxi
The Nissan Tsuru became iconic in Mexico City as a pink taxi. (Gzzz/Wikimedia Commons)

Going back to the mid-1980s, there has been a devotional zeal in Mexico regarding the Nissan Tsuru — the Japanese sedan known for its economic affordability and robust durability. Outside of the Volkswagen Beetle, which has had an equally dominant grasp on Mexican consumers for decades, the Tsuru has long been an emblematic vehicle for Mexicans.

That’s especially amplified by the fact that the vehicle never made it to the U.S. or Canadian markets — at least not under the same iconic Tsuru title. Instead, Nissan rebranded it as the Sentra elsewhere. But in Mexico and Latin America, it forever remained the Tsuru. 

The golden age of the Nissan Tsuru

Nissan Tsuru production notice
The devotional zeal for the Nissan Tsuru in Mexico has outlived its actual production, which stopped in 2017. (Nissan)

The result? Tsurus have abounded throughout Mexico, where it became a best-selling vehicle and was manufactured from 1984 to 2017, the year it ceased production. Ever since, the car has remained highly sought after. Part of the Tsuru’s appeal has always been in its humble, no frills quality — a bare-bones, low price machine seemingly made for the common person.

It’s not only Mexican families who bought the car by the droves, either. The little Nissan that could is equally beloved by the nation’s taxistas. For anyone who has ever visited Mexico, there’s a high likelihood that the first taxi you’ve flagged down is a Tsuru, no matter what part of the country you’ve been in. The sleek, 4-door ride is big enough to comfortably fit a sizable group, but compact enough to maneuver Mexico’s tightest corners and traffic-congested lanes, making it an ideal choice for a taxi driver in every sense.

The Tsuru returns as a Hot Wheels collectible

The Tsuru fervor has now reached a new level in Mexico with the introduction of the legendary CDMX taxi in the form of a Hot Wheels diecast, officially listed as a “‘91 Nissan Sentra SE-R.”

At the very end of 2025, the popular toy company announced the addition of a 1991 Mexico City-themed Nissan Tsuru taxi, available only in a limited supply of 3,500 and exclusively for sale in Mexico through Mercado Libre. The car features the pink colorway of CDMX’s taxis (a controversial design choice that was first implemented in Mexico City at the end of 2014 in an effort to standardize taxis and rebrand the city’s safety appeal to tourists) rather than its former green or yellow variations.

The Mexican internet went bonkers for it, posting videos and reactions to the Hot Wheel release, with rampant jokes about the high cost (originally listed at 5,000 Mexican pesos, but reselling for as much as 20,000) being worth an actual Tsuru.

The Tsuru Hot Wheels’ reception

There have been a few online criticisms: for one, the Hot Wheels Tsuru is a two-door coupe version rather than the more popular four-door sedan. Indeed, Nissan did make two-door variations of the Tsuru, but they are far less common, particularly for taxis, which are typically four-door for easy passenger access. Second, Hot Wheels has released the Tsuru in prior years, but not in taxi form — leaving some Mexican customers wondering if the color change is worth the egregious price differential.

Hot wheels collectible of the iconic Mexico City taxi
Would you pay 20,000 pesos for a Hot Wheels collectible of the iconic Nissan Tsuru as a pink-hued Mexico City taxi? (Mercado Libre)

Despite the jokes and pushback, the car’s viral appeal was boosted by Mexican influencers like Marvin Bara posting videos on Instagram of the anticipated Hot Wheels unboxing, showcasing the careful thought and design that went into it all, which includes a collector’s case and other memorabilia. 

The high price of nostalgia

If you’re thinking of getting one, it’s possible, but it’ll cost you. The lowest price I’ve seen online is for 5,500 pesos (not too bad), but you’ll likely be paying upward of 7,000 to 20,000. 

Though the Tsuru hasn’t been manufactured for nearly a decade, its return in miniature form was a fun surprise to end the year. No other car has held such an alluring charm over Mexican drivers during that time. The next time you’re on the road in Mexico, I challenge you to count how many Tsurus you see in one outing. Who knows, maybe you’ll want to get one yourself to keep the mythology going.

Alan Chazaro is the author of “This Is Not a Frank Ocean Cover Album,” “Piñata Theory” and “Notes From the Eastern Span of the Bay Bridge” (Ghost City Press, 2021). He is a graduate of June Jordan’s Poetry for the People program at UC Berkeley and a former Lawrence Ferlinghetti Fellow at the University of San Francisco. His writing can be found in GQ, NPR, The Guardian, L.A. Times and more. Originally from the San Francisco Bay Area, he is currently based in Veracruz.

Who will succeed ‘El Mencho’ as chief of the Jalisco cartel? Friday’s mañanera recapped

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President Sheinbaum at her morning press conference
Possible successors to CJNG chief 'El Mencho' along with Sinaloa's much-reduced homicide rate were topics at Friday's presidential press conference. (Gobierno de México/Screenshot)

President Claudia Sheinbaum held her Friday morning press conference in Mazatlán, the top tourist destination in the northern state of Sinaloa.

During a security update, National Public Security System chief Marcela Figueroa reported that the daily homicide rate in Sinaloa in January was 3.42, a reduction of 50% from the recent peak of 6.9 last June. Sinaloa — plagued in recent times by violence related to infighting between rival factions of the Sinaloa Cartel — was Mexico’s fourth most violent state in 2025 in terms of total homicides.

A view of Olas Altas beach in downtown Mazatlán
Friday’s presidential press conference was held in the Sinaloan resort city of Mazatlán. (Kathy Toynbee / Pixabay)

Security Minister Omar García Harfuch reported that 2,225 people were arrested in Sinaloa for allegedly committing high-impact crimes between Oct. 1, 2024 — the day the current government took office — and Feb. 15, 2026.

Later in the press conference, officials responded to questions related to last Sunday’s military operation against Jalisco New Generation Cartel (CJNG) leader Nemesio “El Mencho” Oseguera Cervantes, who died after being shot by soldiers in Tapalpa, Jalisco.

García Harfuch: 4 possible successors to ‘El Mencho’ 

Asked who could take control of the CJNG in the wake of Oseguera’s death, García Harfuch first noted that the cartel has a presence in “various states” — i.e. the vast majority of Mexico’s 32 federal entities.

He then told reporters that the cartel has regional leaders, and revealed that authorities have identified the four “strongest” leaders within “this criminal group.”

García Harfuch said that those leaders — who he didn’t identify — are “under investigation.”

He subsequently said that two of those four leaders are considered most likely to succeed “El Mencho” as head of the CJNG, generally regarded as one of the two most powerful criminal organizations in Mexico, the other being the Sinaloa Cartel.

While García Harfuch didn’t mention any names, Oseguera’s stepson Juan Carlos Valencia González, a 41-year-old California native known as “R3” among other aliases, is considered a leading contender for the leadership of the cartel.

According to media reports, other possible successors to “El Mencho” include Hugo Gonzalo Mendoza Gaytán, known as “El Sapo” (The Toad); Audias Flores Silva, known as “El Jardinero” (The Gardener); Ricardo Ruiz Velasco, known as “El Doble R” (The Double R); and Heraclio Guerrero Martínez, known as “Tío Lako” (Uncle Lako).

3 soldiers were killed during operation targeting ‘El Mencho’

Defense Minister Ricardo Trevilla Trejo said that three soldiers who participated in the operation against “El Mencho” died from injuries they sustained during a gunfight with CJNG members tasked with protecting the cartel’s leader.

The Defense Ministry said last Sunday that three soldiers were wounded in the operation and subsequently airlifted to Mexico City for medical treatment.

National Guard members in uniform carry caskets wrapped in the Mexican flag
On Wednesday night, National Guard members in Acapulco, Guerrero, received the bodies of four comrades killed on Sunday. The government has confirmed that at least 28 soldiers and National Guard members died during and following Sunday’s military operation in Jalisco. (Carlos Alberto Carbajal / Cuartoscuro.com)

Trevilla said that 25 other members of the military, including National Guard officers, are currently receiving treatment in hospital for injuries they sustained last Sunday. During the CJNG’s violent response to Oseguera’s death, cartel gunmen engaged in confrontations with security forces in states including Jalisco and Michoacán.

García Harfuch reported on Monday that 25 National Guard officers were killed in clashes in Jalisco, while other members of that security force and others were injured in the confrontations.

Trevilla said that only one of the 25 hospitalized troops is in a “serious-unstable” condition.

“Fortunately, the rest are stable,” he said.

In the “successful” operation against “El Mencho,” Trevilla said that a total of 12 “criminals” who were shot succumbed to their injuries. He said that two others were arrested during the operation and are in custody.

The defense minister said security forces killed “34 criminals” in clashes after last Sunday’s operation in Tapalpa, while “around 70” suspected cartel members were arrested.

Gulf Cartel leader arrested 

Trevilla Trejo also responded to a question about the criminal activities of Antonio Guadalupe “N,” an alleged Gulf Cartel leader who was arrested in Matamoros, Tamaulipas, on Thursday along with eight other alleged members of the same cartel.

Trevilla said that the suspect, known as “El Lexus,” led a criminal cell and provided security to José Alfredo “El Contador” Cárdenas Martínez, “leader of the ‘Los Ciclones’ faction of the Gulf Cartel.”

A mug shot of a man in a white t-shirt with his eyes covered by a black bar
Gulf Cartel faction leader Antonio Guadalupe “N,” known as “El Lexus,” was arrested this week in Matamoros along with 8 alleged cartel operatives. (National Guard)

“He was also in charge of [drug] production [and] drug trafficking to the United States,” he said. “That was his main function.”

García Harfuch wrote on social media on Friday morning that the Mexican Army, the National Guard and the Air Force carried out an operation in Matamoros that resulted in the arrest of Antonio Guadalupe “N,” and nine other Gulf Cartel suspects.

He said that “El Lexus” is accused of extortion, kidnapping and the trafficking of weapons, people and drugs in Mexico and the United States.

Sheinbaum: ‘We’re with the people of Sinaloa’

While improving the security situation in Jalisco has been the top focus of the federal government this week, Sheinbaum emphasized that combating crime in Sinaloa is also a priority.

“We are with the people of Sinaloa,” she said when asked what her message was for families that have been affected by violence in the state.

“And the entire security cabinet and the government of Mexico is working with the state government to guarantee peace and security,” Sheinbaum added.

“And every day we will remain here, making our best effort, … [doing] whatever the people of Sinaloa need,” the president said just before the conclusion of her Friday mañanera.

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

In a historic first, the Supreme Court holds a session in a Chiapas pueblo

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Supreme Court in Chiapas
Some 2,000 area residents turned out to witness the Supreme Court's first offfical session outside of the nation's capital. (Isabel Mateos Hinojosa/ Cuartoscuro.com)

In its first session outside of the nation’s capital, Mexico’s Supreme Court convened in a remote mountain town in the southern state of Chiapas on Thursday, part of its plan to bring the country’s highest court to far-flung corners of the country.

Six of the nine Supreme Court justices traveled nearly 900 kilometers (560 miles) to hold an itinerant session which began with an introductory ceremony and informal greetings, followed by selfies and ovations from the audience.

justices in Chiapas
Justice Lenia Batres Guadarrama chats with Chief Justice Hugo Aguilar Ortiz during a break in the Supreme Court session held in Chiapas. (Isabel Mateos Hinojoso/Cuartoscuro)

The justices appeared pleased to be wearing indigenous attire and traditional hats for their first “sesión en territorio,” designed to allow the magistrates to “connect with the people” and produce “a more inclusive and accessible legal culture.”

Chief Justice Hugo Aguilar, along with Lenia Batres, Sara Irene Herrerías and Arístides Guerrero wore local outfits, while Yasmín Esquivel and Loretta Ortiz sported robes adorned with community emblems. 

Two of the justices — Irving Espinosa and Giovanni Figueroa — took part remotely, while María Estela Ríos did not participate. 

In the modest central square of Tenejapa, some 2,000 people listened to the court’s deliberations. Some of the Indigenous leaders held signs reading “right to self-determination,” while others were content to listen and be part of a historic moment.

Though some publications criticized the occasion as a mere photo op (Animal Político described it as “a day marked by half-baked translations, restrained applause and political winks”), there was genuine gratitude among those present that the Court had come to them.

The appreciation evolved into gratification as the justices recognized the self-government of the Tzotzil community of La Candelaria located in the municipality of San Cristobal de las Casas.

La Candelaria had been demanding self-rule for years and, by a majority vote, the Court ordered the Chiapas state Congress to forge or adapt the legal framework necessary for the full exercise of self-government. It also ordered the state government to guarantee the direct delivery of the budget that corresponds to the small village which featured a population of 1,541 in 2020.

The Supreme Court said Tenejapa was selected due to its “clear social and territorial relevance,” adding that “Chiapas is home to the third largest Indigenous population in the country, with 12 of Mexico’s 68 Indigenous groups represented.” 

The journey to Tenejapa, two hours from San Cristóbal de las Casas, proved an ordeal. The judicial entourage wound its way along a road that had become a broken track, riddled with narrow curves and numerous potholes that demanded a steady but cautious pace.

The ministers traded the majestic horseshoe-shaped table and imposing platforms of the grandiose art deco Supreme Court building just off of Mexico City’s main square for a simple rectangular table under a white tent, sitting face-to-face with attendees.

The current court is the first elected by the people. The rationale for doing so was partly to make it more responsive and accountable.

With reports from The Associated Press, Animal Político and La Jornada 

Coca-Cola will celebrate 100 years in Mexico by investing US $6B

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coke bottle
Along with its investment, Coca-Cola plans to ride hard on Mexico's hosting of the World Cup, tagging its marketing campaign to the event. (Cuartoscuro)

Coca-Cola is expected to invest US $6 billion (103.2 billion pesos) in the Mexican market as the company celebrates 100 years of doing business in Mexico.

President Claudia Sheinbaum announced the investment on her X social media account after meeting with Coca-Cola Global Executive Director Henrique Braun at the National Palace in Mexico City.

President Sheinbaum met with Coca-Cola Global Executive Director Henrique Braun at the National Palace shortly before making the announcement of the investment on social media. (Claudia Sheinbaum/on X)

No details were forthcoming about the investment, but Braun had said in his early fiscal year 2025 report that greater investment and a strong marketing strategy in the lead-up to the 2026 FIFA World Cup would help the company tackle the challenges brought about by Mexico’s recently introduced tax increases on sugary drinks.

The tax hikes, which also included low-calorie sodas containing non-sugar sweeteners, increase the tax rate to 3.08 pesos per liter, an 88% increase compared to the previous rate of 1.64 pesos per liter. 

Coca-Cola plans to focus its marketing efforts on Mexico’s hosting of the 2026 World Cup, which Braun views as important for clients and consumers alike. 

“We have been intensifying our campaigns since the first day,” he said. “We have had the campaign prepared since Jan. 1.” 

“Furthermore, we are celebrating 100 years in Mexico. This will help us to navigate the strong headwinds” brought on by the new tax.

The CEO of bottler Coca-Cola FEMSA, Ian Craig García, said that the company has optimized its structure and adjusted its capital expenditure in Mexico to prepare for the fiscal challenges and the weak economic growth projected for 2026.

 FEMSA’s strategy focuses on stability and the expansion of its supply of returnable containers, to help maintain its market share.

The firm hopes to use Mexico’s role as a World Cup host country to promote its brands through digital and revenue management initiatives.

“We have … developed an ambitious plan together with the Coca-Cola Company to benefit from our experience as a host country for the FIFA World Cup,” stated García. 

We remain focused on productivity and cost control initiatives, together with a prudent investment in capital,” he added.

With reports from El Financiero

Mexican pop legend Thalía named as Billboard’s 2026 ‘Icon’

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Mexican pop legend Thalía's three-decade career will be honored in April by Billboard for its international impact across generations. (Thalía/Facebook)

Mexican pop powerhouse Thalía is set to receive the Icon Award at the 2026 Billboard Women in Music ceremony, cementing her status as one of Latin music’s most enduring stars.

Announced this week, the April 29 gala at the Hollywood Palladium in Los Angeles will honor women who have made some of the biggest strides in the industry over the past year, with American actress and singer Keke Palmer hosting.

Thalia - Amor A La Mexicana [Official Video] (Remastered HD)

Thalía’s recognition caps more than three decades in music and television, during which she helped take Latin pop to wider international audiences and became a household name across the Spanish-speaking world.

The Icon Award isn’t given for a single hit, but for a career that has defined an era while transcending generations and borders.

Born Ariadna Thalía Sodi Miranda in Mexico City in 1971, Thalía rose to fame first as a teen performer and then as a telenovela star before consolidating a long solo career.

She is best known on screen for leading roles in hit melodramas such as “Marimar,” “María la del Barrio” and “María Mercedes,” which expanded her reach throughout Latin America and beyond. In the United States, the “María” telenovelas aired on the Spanish-language TV network Univision and its affiliates.

Offscreen, the now 54-year-old built a catalog of Latin pop hits, toured internationally, and developed a multimedia brand that now includes fashion and other ventures.

Her career-defining hit is widely regarded as the 1997 release “Amor a la Mexicana,” considered one of the biggest classics in Mexican pop and a signature song of her career.

Her first No. 1 on the Billboard Hot Latin Songs chart was “Entre el Mar y una Estrella” in 2000, with later Latin chart-toppers including “Tú y Yo” and “No Me Enseñaste.”

Thalía is the latest Mexican artist to join the Women in Music honor roll. In 2025, regional Mexican singer Ángela Aguilar received the Breakthrough Award at the event.

This year’s ceremony also will spotlight R&B singer Teyana Taylor (Visionary Award), country star Ella Langley (Powerhouse Award), R&B and pop artist Kehlani (Impact Award), alternative R&B artist Mariah the Scientist (Rising Star Award), pop singer Tate McRae (Hitmaker Award), jazz pop artist Laufey (Innovator Award) and electropop star Zara Larsson (Breakthrough Award).

The Woman of the Year honoree will be announced in the coming weeks. Last year’s winner was U.S. rapper-singer Doechii, who mixes styles within and beyond hip-hop.

There is also a separate but related franchise called the Billboard Latin Women in Music, which has awarded Woman of the Year to Colombian pop star Shakira (2023), Colombian reggaeton star Karol G (2024) and American-born Latina Selena Gomez (2025). The ceremony last year was held in Miami; the 2026 event venue has yet to be announced.

With reports from El Universal, Billboard and Milenio

Mexico’s economic growth outlook improves as Banxico, OECD lift forecasts

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The Mexico City skyline with a skyscraper in the foreground
The Mexico City skyline as seen from the Torre Mayor on Paseo de la Reforma. (Shutterstock)

Mexico’s central bank and one of the world’s leading economic bodies both upgraded their growth outlooks for the country this week, offering encouragement for an economy that grew just 0.8% in 2025.

The Bank of Mexico (Banxico) raised its 2026 GDP growth forecast to 1.6% from 1.1% in its quarterly report for October–December 2025, published Thursday. The central bank also revised its projected range upward to between 1% and 2.2%, abandoning its previous range of 0.4% to 1.8%.

Victoria Rodríguez Ceja
Banxico governor Victoria Rodríguez Ceja said that the 2026 forecast improved thanks to strong GDP performance in the last quarter of 2025. (Daniel Augusto/Cuartoscuro)

Separately, the Organization for Economic Co-operation and Development (OECD) published its Economic Survey of Mexico 2026 on the same day, projecting GDP growth of 1.4% this year and 1.7% in 2027. That compares with the OECD’s December forecast of 1.2% growth for 2026 — meaning the Paris-based organization has also nudged its outlook higher.

Banxico Governor Victoria Rodríguez Ceja, presenting the quarterly report, said that 2025 had seen an intensification of economic weakness that began in 2022, in what she described as a “particularly complex” environment characterized by “elevated uncertainty.” She attributed the improved 2026 forecast largely to better-than-expected GDP performance in the fourth quarter of 2025, which created a higher statistical base for this year’s growth.

Despite the upgrades, both institutions struck a cautious tone. Rodríguez Ceja said risks to the growth outlook remain skewed to the downside. Banxico’s report identified six key downside risks: a worsening of global uncertainty; geopolitical conflicts; slower-than-expected U.S. economic growth; supply chain disruptions from tariffs; financial market volatility; and adverse weather events.

The OECD echoed those concerns, noting that trade tensions and heightened global policy uncertainty remain significant risks, and that private investment will continue to be constrained by domestic and international uncertainty, even as it gradually benefits from lower interest rates.

Banxico’s 2027 forecast remained unchanged at 2%, the midpoint of a range between 1.2% and 2.8% — above both the OECD’s 1.7% projection and a Citi market survey estimate of 1.8%.

Both forecasts remain well below the Mexican government’s 2.3% projection, which underpinned its 2026 budget package.

The upgraded forecasts come as Mexico navigates a delicate moment: trade policy uncertainty from the United States, a pending USMCA review and domestic fiscal consolidation efforts are all shaping the economic outlook. The OECD noted that a swift and successful USMCA renegotiation could provide a meaningful boost to investment and exports beyond what is currently anticipated.

With reports from El Economista

Facing billions in back taxes in Mexico and the US, TV Azteca announces bankruptcy proceedings

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Azteca logo on wall
TV Azteca shareholders approved the reorganization of company liabilities through a voluntary bankruptcy proceeding (a “concurso mercantil”), with the aim of restructuring financial obligations under judicial supervision. (Rogelio Morales/Cuartoscuro.com)

TV Azteca filed for bankruptcy protection on Thursday, taking a step that is typically a prelude to liquidation.

Shareholders approved the reorganization of company liabilities through a voluntary bankruptcy proceeding (a “concurso mercantil”), with the aim of restructuring financial obligations under judicial supervision.

Ricardo Salinas
Ricardo Salinas Pliego, TV Azteca’s billionaire owner, recently reached a deal with the SAT that requires him to pay US $1.86 billion in back taxes. (Edgar Negrete Lira/Cuartoscuro.com)

TV Azteca, owned by billionaire Ricardo Salinas Pliego, insists that this is not a bankruptcy, but is instead a preventative measure. The network said the decision was influenced by structural challenges facing the broadcast television business due to declining advertising revenue and pressure from digital platforms.

The network outlined a perfect storm of negative factors that pushed the company into these proceedings. The TV Azteca statement pointed to nearly 19 years of litigation and tax disputes, a “complex negotiation with international creditors,” the COVID-19 pandemic and the impact of 3.8 billion pesos (US $220.6 million) in government licensing fees paid in 2018.

Trading in the broadcaster’s shares on the Mexican Stock Exchange was suspended in 2023 after the company failed to file corporate results.

Salinas Pliego — who last month reached an agreement with the Mexican Tax Administration Service (SAT) to pay more than 32 billion pesos (US $1.86 billion) in overdue tax debts — refuted declarations that he was going bankrupt.

Responding to a Wednesday social media post by Jenaro Villamil, the director of the Mexican State Public Broadcasting System, Salinas Pliego said Villamil and his friends in the government “are messing with the wrong person.”

“We’ll see you all in 2030 and then you’ll find out if I’m bankrupt,” Salinas Pliego wrote, referencing the next presidential election, for which he is considered a potential candidate.

As for TV Azteca — Mexico’s second-biggest television broadcaster — El Universal columnist Mario Maldonado believes that behind the corporate message are significant obligations that explain the decision. 

“TV Azteca carries an estimated total debt of between US $2 billion and US $2.2 billion and, in addition, faces defaults to creditors in the United States for around US $600 million, a situation that has increased the legal and financial pressure on the company,” he wrote on Friday.

Maldonado said that whether the bankruptcy proceedings successfully stabilize the company “will depend on the cash flow the television station manages to generate in a shrinking advertising market.”

Rafael Rodríguez, TV Azteca’s CEO, implied just that in a statement. “This is a last‑resort tool aimed at preserving the value of the company, ensuring the continuity of its operations, and facilitating the orderly fulfillment of its obligations without interrupting its functioning,” he said.

Under Mexican law, the “concurso mercantil” aims to seek an agreement between the company and its creditors in order to avoid a shutdown in a process that typically lasts six months. If a procedure on restructuring debts can’t be agreed upon, the company’s assets would be sold off to pay creditors.

With reports from La Jornada, Proceso, El Universal and Reuters

Diving World Cup in Jalisco canceled over public safety concerns

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diving event canceled
The event was set to take place at the Zapopan Aquatic Center, Mexico’s national diving training hub in the Guadalajara metropolitan area, where much of last Sunday's unrest took place. (World Aquatics)

The Diving World Cup event scheduled to take place next week in Jalisco has been canceled, but Mexico’s National Commission for Physical Culture and Sport (Conade) and the Jalisco state government are lobbying World Aquatics to continue with the event as planned, or, failing that, change the venue.

World Aquatics — the international federation that administers international swimming and diving competitions — announced its decision on Wednesday after consultations with Aquatics Mexico, the Mexican Federation of Diving and High Diving and the Jalisco Council for Sports Development (CODE Jalisco).

Conade president
Conade president Rommel Pacheco, a former Olympic diver himself and a gold medalist at the 2016 World Diving Cup, has joined President Claudia Sheinbaum in efforts to get the international diving authority to keep the event in Mexico, perhaps by selecting an alternative site. (Conade)

The event was scheduled to take place at the Zapopan Aquatic Center, Mexico’s national diving training hub, just west of Guadalajara, the state capital. Guadalajara and other regions of the state experienced considerable unrest and violence following a military operation to capture a notorious drug kingpin last Sunday.

World Aquatics said the decision took into account travel restrictions issued by foreign embassies in Mexico, some of whom rescinded authorization for their national teams to participate.

“The safety and participation of all athletes remains a fundamental priority for World Aquatics,” it said.

Conade President Rommel Pacheco said his organization is urging World Aquatics to consider alternatives in Mexico City, Veracruz or Yucatán “so that our women and men divers can compete at home.”

Jalisco Governor Pablo Lemus said the decision to cancel was not solely based on the risk assessment, since his government lowered alert levels on Tuesday. He told reporters that logistical complications resulting from this past weekend’s disturbances were also responsible.

“China has considerable influence in the World Diving Federation and they asked that the event be postponed due to air connectivity issues,” he said. 

Lemus said that along with Conade and CODE Jalisco he is asking China not to insist on the cancellation of the competition.

Along with the cancellation, World Aquatics said that qualification for the May 1-3 Diving World Cup Super Final in Beijing would be based on the results of the competition currently taking place in Canada.

These events are all part of the qualification process for the 2028 Summer Olympics and Conade is concerned that the loss of a competition — especially one at home — would be detrimental to the diving team’s preparations. Along with archery, the diving team is one of Mexico’s most successful Olympic squads.

With reports from La Jornada, Excelsior, Swimming World Magazine and the CBC

Opinion: You don’t get to lie about my home

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In the wake of the death of El Mencho, the world rushed to write lurid headlines about supposed experiences in Mexico. Resident Charlotte Smith fights back against the misinformation. (Roman López/Cuartoscuro)

I stood in the soot-lined streets of London the morning of the July 7, 2005, bombings and started walking home because there was no other way to get there. It took me nearly 16 hours. The air tasted like metal. I held hands with a stranger for a while, neither of us knowing quite what to do.

Ten years later, almost to the day, I was having dinner near the Grand 16 Movie Theatre in Lafayette, Louisiana, when people started running and screaming from an active shooter inside the theatre. Police cars swallowed the street in blue and red light. I remember the sound of sirens folding into each other.

2005 London bombings
The 2005 London bombings killed 56 people in a series of coordinated attacks across the British capital. (Toby Mason)

Social media misinformation after El Mencho’s death

I’ve lived through real chaos. I’ve reported on hurricanes, terror alerts, elections and the long tail of grief that follows tragedy.

I know what fear feels like in a city, and I know what it looks like when things actually fall apart.

That’s why what happened Sunday in Puerto Vallarta has left me shaken in a way I didn’t expect.

Not because there was unrest — of which there absolutely was. A cartel leader was killed elsewhere in Mexico, and as a result, violence flared in pockets of the country. Puerto Vallarta saw vehicle fires and property damage. There were tense hours, and authorities responded in force. It was all very serious.

But seriousness and sensationalism aren’t the same thing, and what followed wasn’t careful reporting or measured analysis. It was panic porn.

This image, almost certainly generated by AI, was among an estimated 200-500 posts on social media sharing false or unverified information in the 48 hours after the cartel kingpin’s capture, according to the Tecnológico de Monterrey’s Digital Media Observatory.

While I was at home with a stomach bug, toggling between my notebook and the bathroom floor, calling sources, confirming details, asking for photos and videos I could verify and checking timestamps and locations, social media was already sprinting ahead with a version of events that barely resembled reality.

An influencer posted a breathless video of himself being “extracted” by private jet, flanked by what he claimed were armoured security vehicles. If you actually watch the footage, you can see they’re standard SUVs. Not armoured or tactical. Just really, really shiny.

The drama was the point. He went from looking terrified to important to rescued. And his video racked up views.

Then the New York Post reported that security teams had swooped in and escorted millionaire clients onto ferries from Puerto Vallarta to Cabo.

There is no ferry from Puerto Vallarta to Cabo.

Not a seasonal one. Not a private one. Not a secret one. It simply doesn’t exist. And yet that detail didn’t slow the story down, because it sounded good. It fit the narrative of making Mexico feel more like a war zone that required extraction.

An aerial view of Nuevo Nayarit, which came in No. 2 for highest hotel occupancy in Mexico.
Nuevo Nayarit (formerly Nuevo Vallarta) came in No. 2 for highest hotel occupancy in Mexico. (File photo)

An influencer staying in the highly gated, wealthier tourist destination of Nuevo Nayarit, claimed she was “trapped,” “stranded,” and “without food and water.”

Nothing happened in Nuevo. No chaos, just holiday makers enjoying lockdown by their pools with open all-you-can-eat buffets beckoning them with a hearty welcome.

Photos circulated that weren’t from here. Video clips were miscaptioned. Phrases like “city under siege” and “center of hell” moved faster than any verified fact ever could. I watched the lie outpace the truth in real time. Over and over and over again.

And what hurt, what still hurts, is that I’ve given years of my life to doing this work carefully. To earning trust slowly. To double-checking names, locations, timestamps. To correcting myself publicly when I get something wrong.

That’s supposed to matter, but some days, I’m not sure it does anymore.

We’re in a moment where social media mixed with AI means anyone can look authoritative. Add dramatic music, a confident voice, a few urgent captions, maybe a headline generated in ten seconds, and suddenly you’re credible.

Fake fires, real fear: Debunking the lies that went viral after ‘El Mencho’ fell

So where does that leave those of us who built credibility the slow way? Who were taught that publishing something wrong wasn’t embarrassing, it was unethical?

I live here. This isn’t a dateline to me. It’s home. I know the woman who runs the corner shop, the hotel manager fielding cancellation calls from guests who think tanks are rolling down the Malecón, and families whose livelihoods depend on whether someone in Ohio or Alberta decides Mexico is “too dangerous” this week.

The lies don’t just bruise abstract concepts like ‘reputation.’ They hit real people.

I was contacted by seven major media outlets. Seven. They’d read my work here in Mexico News Daily, so they knew I wouldn’t sensationalize what happened. But it became clear they were hoping for something sharper that matched the temperature of the headlines already circulating. That isn’t what I do.

I knew the nuance I’d bring wouldn’t fit neatly into a segment built on urgency and fear. And more than likely, it’d be trimmed until it did. So I said no seven times. I said no to opportunities that could’ve expanded my reach in ways writers are told they should never pass up.

Then the BBC World Service reached out.

Image of a burning Costco in Puerto Vallarta
Images of a burning Costco in Puerto Vallarta went viral across the globe, but the extent of the damage was exaggerated.

From the first conversation, it felt different. They weren’t chasing panic, they were chasing context. They wanted to talk about how we process events without feeding fear. They made space for three of us, right here in Mexico, to speak honestly.

That conversation reminded me why I became a journalist in the first place.

Still, I woke up with a heavy realisation. I’m never going to be widely read. I’m never going to be famous. And it’s not because I’m not good at what I do, because I most certainly am. It’s because I’m not willing to trade accuracy for amplification, and right now amplification is what the system rewards.

I’m angry today, because I love this place. And loving a place means defending it when it’s misrepresented.

I’m angry that I had to spend precious hours fact-checking viral nonsense instead of focusing on deeper reporting. I’m angry that geography is optional for some outlets. I’m angry that corrections whisper while lies shout. And I’m angry that Mexico is so often flattened into a caricature.

After the London bombings, no one asked me if the entire United Kingdom should be avoided indefinitely. After mass shootings in the United States, people don’t declare the whole country off-limits.

Photo of Big Ben and London Bridge and part of the city skyline against a partly cloudy blue sky.
Over the last two decades, London has been the site of multiple bombings, mass stabbings, attackers driving vehicles into crowds and even a missile attack. Yet, argues the writer, no one hesitates to visit the city in fear of violence. (Marcin Nowak/Unsplash)

But let something happen in Mexico, and suddenly a nation of nearly 130 million people becomes a single, ominous headline.

My phone lights up every time.

“Is it safe?”

Here’s what’s true:

Sunday was rough. It was tense and unsettling, and I had a little cry.

But it wasn’t the apocalypse. Smoke clears, and algorithms move on.

A smiling woman in a cream-colored crochet bikini top stands in the clear, turquoise ocean water at Isla del Coral, Mexico, with her arms outstretched joyfully. In the background, a boat is visible on the water in front of a coastal town and lush, green mountains under a clear blue sky.
Mexico is Charlotte Smith’s adopted home. The violence that occurred in Mexico this week was unsettling but not apocalyptic, she says, and it has not changed her mind about living here. (Charlotte Smith)

And those of us who still care about the truth will be where we’re meant to be, like me in Mexico with my notebook in hand, sunburned, stubborn, and committed to facts, doing the slow, unglamorous work of getting it right.

As angry as I am right now, I’ve also been reminded of something rather beautiful. In the middle of all the noise and exaggeration, I watched this city do what it always does: neighbors checking in on neighbors; business owners sweeping up soot and opening their doors anyway; friends sending messages that simply say, “We’re okay. Come for coffee.” Life asserting itself.

The beach is still here every morning. The water doesn’t care about the headlines. Children are back on bicycles and playing marbles right outside my door. The corner shop is open on time.

And once this stomach bug finally clears, I’ll be right back out there sitting in the sand, talking with the people who stayed, who didn’t turn their fear into content, and who understand that loving a place means standing in it when it’s misunderstood. I’ll be here, because this is my home.

And the truth deserves someone willing to stay for it.

Charlotte Smith is a writer and journalist based in Mexico. Her work focuses on travel, politics and community.