Home Blog Page 664

Peso starts the week with appreciation against the US dollar

2
Mexican 1000 peso bills
The Mexican peso had a good Monday morning, hitting almost 17 to the US dollar. (CRISANTA ESPINOSA AGUILAR /CUARTOSCURO.COM)

The Mexican peso almost reached 17 to the US dollar on Monday morning, but subsequently weakened to trade at 17.13 to the greenback at 12 p.m. Mexico City time.

Bloomberg data showed that the peso appreciated to 17.03 to the dollar early Monday after closing at 17.11 last Friday. The 17.03 exchange rate was the peso’s best position since late August.

The El Financiero newspaper reported that the peso strengthened on the expectation that the United States Federal Reserve will not raise interest rates at its final monetary policy meeting next month and will begin making cuts in 2024.

The Fed’s funds rate is currently set at a 5.25%-5.5% range, while the Bank of Mexico’s benchmark rate has remained at a record high 11.25% since it was raised to that level in March.

Analysts have cited the significant difference between the two rates as one factor that has contributed to the strengthening of the peso in 2023 after it started the year at about 19.5 to the greenback.

Financial consultancy Roga Capital said Monday that “the recent appreciation of the Mexican currency continues to be attributed to the optimism generated by a possible end to the cycle of interest rate increases by the Federal Reserve.”

Banco de México building
Mexico’s central bank has held a high benchmark rate of 11.25% since March, which is cited as one reason for the strengthening of the peso. (Shutterstock)

Gabriela Siller, director of economic analysis at Mexican bank Banco Base, said on the X social media platform that the “wide” gap between interest rates in Mexico and the United States “is one of the factors” that allowed the peso to appreciate on Monday morning, but added that “the possibility that the differential” will narrow subsequently weakened the currency.

She also said that when the USD:MXN exchange rate is close to 17, investors “take currency hedges and buy dollars in advance, as greater volatility is expected in 2024.”

“This increases the demand for dollars and the exchange rate increases,” Siller added.

One key piece of data that could affect the USD:MXN exchange rate this week is the Personal Consumption Expenditures index for October, to be released in the United States on Thursday. The index is the Fed’s preferred inflation gauge.

At home, the Bank of Mexico will publish its third-quarter report on Wednesday, in which it will offer updated forecasts on economic growth and an outlook on inflation. The bank’s board will hold its final monetary policy meeting of the year on Dec. 14, but is expected to leave the key interest rate unchanged.

An initial cut to the 11.25% rate is considered likely in the first or second quarter of 2024, provided the downward trend in inflation seen throughout most of 2023 – albeit not in the first half of November – continues.

With reports from El Financiero and El Economista 

3 journalists kidnapped in Taxco have been released

0
Three journalists abducted in Taxco, Guerrero last week have been released, but a son of one of the journalists is still missing. (Artículo 19)

Three Guerrero-based journalists who were abducted last week have been released, but the son of one of them is still missing.

The Guerrero Attorney General’s Office (FGE) reported Saturday that Marco Antonio Toledo, Silvia Nayssa Arce Avilés and Alberto Sánchez Juárez had all been released.

Taxco is a popular tourist destination in Guerrero under 200 km from Mexico City. (Wikimedia Commons)

Guadalupe Denova Flores, the wife of Toledo, was also released, but their 28-year-old son Alberto Toledo Denova is apparently still being held by his abductors and a search to locate him is ongoing.

The FGE said that the three journalists and Denova were released due to “the strengthening of search operations and the deployment of federal and state security authorities in the northern region” of Guerrero.

Toledo, director of the news magazine Espectador de Taxco, was abducted along with his wife and son by armed men who broke into his home in the municipality of Taxco on Nov. 19.

Arce and Sánchez, a married couple who run the news outlet RedSiete, were kidnapped by armed men last Wednesday in Taxco, a popular tourism destination less than 200 kilometers from Mexico City.

Journalists protest in Guerrero
Journalists protest outside the attorney general’s office in Chilpancingo, Guerrero on Friday, holding signs saying “enough threats against the press” and “the press isn’t for sale.” (DASSAEV TÉLLEZ ADAME/CUARTOSCURO.COM)

All three journalists had received threats prior to their abduction.

Toledo, who wrote for other Guerrero media outlets in addition to managing Espectador de Taxco, reported on political and security issues.

“He recently published an article in which he condemned the municipal government’s approval of a budget for a public work in Taxco,” press freedom advocacy organization Article 19 said.

That organization noted that cell phones and computers were removed from Toledo’s home by the armed men who abducted him.

Arce previously shut down another news site she ran due to threats she received from organized crime, according to the El Universal newspaper.

Leopoldo Maldonado Gutiérrez, director of Article 19 in Mexico, said in a radio interview that violence against the press is a particular problem in Guerrero, a poor southern state known for lawlessness in certain areas.

“Violence is rampant in a large part of the country, like in Guanajuato and Tamaulipas, and in Guerrero [there is] specific violence against the press,” he said.

“We have to remember that Guerrero ranks fifth [among Mexico’s 32 federal entities] for the number of attacks … against the press,” Maldonado said citing data for the period between 2009 and 2023.

Article 19 reported in September that an act of aggression against Mexican media workers and organizations was committed every 16 hours on average during the first half of 2023.

The organization also said that 161 journalists have been murdered in Mexico since 2000, including 41 during the current federal administration.

With reports from El País, El UniversalEl Economista and Reforma

Cold front to bring rain and low temperatures across Mexico

0
Winter has arrived in the Valley of Mexico, where temperatures will hover between 10 and 20 degrees Celsius. (Andrea Murcia/Cuartoscuro)

The twelfth cold front of the season is now moving along the Gulf of Mexico coastline, interacting with moisture from the Pacific to bring low temperatures and heavy rain to much of the country.

The National Meteorological Service (SMN) predicts torrential rain (150-250mm) in areas of Chiapas, Tabasco and Veracruz on Monday, with intense rain (75-150mm) in parts of Oaxaca and Puebla, and heavy to very heavy rains across eastern Mexico.

Low pressure systems and Pacific moisture will also cause heavy to very heavy rains in Nayarit, Colima, Jalisco, Michoacán and Guerrero, while Mexico’s northwestern and central states will experience scattered showers.

The SMN warns that the heaviest rains will be accompanied by lightning and hail with a high chance of flooding in low-lying regions. Residents are advised to stay alert to further forecasts and follow recommendations from Civil Protection authorities.

Meanwhile, a mass of polar air is expected to trigger a so-called “Norte,” which will cause gusts of wind of 80-100 kilometers per hour and waves 3-5 meters high on the coasts of Veracruz and the Isthmus of Tehuantepec.

Lighter winds of 40-60 kilometers per hour will sweep Chihuahua, Coahuila, Durango, Nuevo León, San Luis Potosí and Zacatecas, with tornadoes possible. Waterspouts, which are tornadoes that form over bodies of water, could also be seen off the coast of Tamaulipas, where waves will reach 2-3 meters high.

Temperatures will be cold across much of the country, particularly in high-altitude regions of northern and central Mexico. The mercury could drop as low as -10 degrees Celsius in the mountains of Baja California, Chihuahua and Durango, and -5 degrees Celsius in Coahuila, México state, Puebla, Sonora and Zacatecas.

Nevertheless, some regions of the country will continue to see high temperatures, with maximums of 40 degrees Celsius in Campeche, Guerrero, Michoacán, Quintana Roo, Yucatán and the coasts of Chiapas and Oaxaca; maximum temperatures of 35 degrees Celsius are forecast in Colima, Jalisco, Nayarit and Sinaloa.

The forecast for the Valley of Mexico is cloudy and cool throughout the morning, becoming more temperate during the afternoon, with scattered rains. Temperatures in the capital on Monday will vary between 9 and 22 degrees Celsius.

Mexico News Daily

The week in photos from Mexico: Monterrey to Mérida

1
Nov. 23: The snow-covered peak of Popocatépetl seen from Mexico City following the season's first winter storm. (GALO CAÑAS/CUARTOSCURO.COM)

Take a visual tour of the week in Mexico – from the snowy volcanic peaks of Mexico City’s skyline to the Maya Train in Chiapas – with this selection of pictures from around the country.

Monterrey, Nuevo León

Nov. 19: In the Bella Vía festival in Monterrey, over 50 artists created chalk pastel artwork in homage to Fernando Botero. The festival is the most important street art festival in Latin America. (GABRIELA PÉREZ MONTIEL / CUARTOSCURO.COM)

Mérida, Yucatán

Nov. 20: The civic military Revolution Day parade in Mérida, Yucatán. (MARTÍN ZETINA/CUARTOSCURO.COM)

Campeche, Campeche

Nov. 20: School groups and the armed forces participated in the Revolution Day parade in Campeche. (MICHAEL BALAM/CUARTOSCURO.COM)

Mexico City

Nov. 21: The Castellers de Vilafranca created a human pyramid in the Zócalo in Mexico City as part of the celebration of Catalan Week in Mexico. (GALO CAÑAS/CUARTOSCURO.COM)

Palenque, Chiapas

Nov. 22: A small communal plot (ejido) divided in two by the tracks of the Maya Train in Palenque, Chiapas. The project is just weeks away from the inauguration of its first phase. (DAMIÁN SÁNCHEZ/CUARTOSCURO.COM)

Mexico City

Nov. 22: Migrant families from Haiti, Colombia, Ecuador and Venezuela wait for appointments for days, weeks, even months in a makeshift camp by the railway tracks of the Misterios train. (GRACIELA LÓPEZ/CUARTOSCURO.COM)

Chilpancingo, Guerrero

Nov. 24: For the fourth consecutive year, this greenhouse in the Guerrero capital has worked on rescuing the endemic poinsettia plant, cultivating 15 varieties of “nochebuena” flowers. (DASSAEV TÉLLEZ ADAME/CUARTOSCURO.COM)

Chihuahua’s capital is worth checking out as part of your Chepe trip

1
No Mexican city is complete without a cathedral. Chihuahua’s takes its cue from the Baroque architecture from further south, as was the custom in the 18th century. (Leigh Thelmadatter)

Ask about  “Chihuahua” tourism and you’re likely to hear in response, “El Chepe” – and maybe nothing else. The train ride into the Copper Canyon and the Rarámuri territory is indeed breathtaking, but the state has much more to offer.

Although many start or end their “Chepe” experience in the Pueblo Mágico of Creel, I strongly recommend you add a day or two to your itinerary to take the train from the state capital of Chihuahua city. 

A mixture of laid-back charm and modern development nestled into mountains and arid grassland, Chihuahua city has an identity all its own, as well as aspirations for its future.

Let’s start with a little history

An abundance of silver, rivers and lush pastureland drew the Spanish to Chihuahua as early as 1534, but the city was not established until 1709. Local peoples such as the Rarámuri and Apache fought the European incursion fiercely and would not be completely defeated until 1880.

During the colonial period, the city and state were part of the huge northwestern province of Nueva Vizcaya (New Biscay). Over time, a distinct Chihuahua identity would emerge, reflected by the evolution of the city’s name: from San Francisco de Cuellar to San Francisco el Real de Chihuahua to just Chihuahua.

The Casa Chihuahua highlights the state’s vast geographical and demographic diversity. (credit Thelmadatter)

One reason is that the city played an important political and economic role. Mines and ranching made it a wealthy state, and by the 19th century, Chihuahua became a bulwark to its northern neighbor. Many of the city’s iconic buildings date from the nearly 30-year regime of Porfirio Díaz (1884-1911), including a section of former mansions and, yes, the “Chepe” train itself in 1903.

Díaz’s policies brought both economic growth and tyranny, resulting in the Mexican Revolution. Pancho Villa himself would be governor of the state for a few years, with his memory remaining an important part of the city and Chihuahua’s identity.

However, the civil war took a heavy toll on the city, which would not really recover until the mid-20th century. In the 1960s, maquiladoras (factories with special status to export) and a rail line linking Mexico and the United States brought the city and state back to prominence. Ranching and mining are the city’s heritage, but manufacturing and logistics are the city’s economic backbone. Their boom has spurred the growth of a modern Chihuahua city on the north side, filled with upscale shops, restaurants and more.

Getting the lay of the city

Families day and night stroll along pedestrian-only Libertad and Victoria Streets which connect the heart of the historic center. (credit Thelmadatter)

As impressive as the glitzy north side is, Chihuahua city tourism is best enjoyed in its historic neighborhoods.

The heart of the old city stretches from the cathedral northeast to the Plaza del Ángel, with a pedestrian-only commercial center in between. Chihuahua’s connection with central Mexico is reflected in the cathedral’s ornate Baroque facade, which was built starting in 1725. The plaza at the front is generally filled with people enjoying the foliage and cultural events. The commercial center has shops, restaurants and bars, but even on Friday and Saturday nights, the vibe is still laid back. The opposite end is marked by monumental state government offices and the informative Casa Chihuahua, a good stop to get a glimpse of just how vast the state is.

Just to the southeast was once a highly exclusive residential area, and important mansions from the 19th century still survive here. The most impressive of these is Quinta Gameros, now the cultural center of the state’s public university. But the main attraction is the relatively modest former home of Pancho Villa, now a museum in honor of the general and the revolution he fought. It boasts the country’s largest collection of the general’s possessions, including the car he was assassinated in. 

One notable aspect of Chihuahua city is how much nature adjoins the city proper. One good example of this is only 15 minutes from the cathedral. The Nombre de Dios Caverns are so close that the local trolley tours travel to it. Carved by the water flows of the Sacramento River, the cavern’ formations can be seen via a 1.3-km walkable trail.

How to eat like a chihuahuense

Like that of the U.S. west, traditional Chihuahua food is simple, hearty, and based heavily on meat and cheese. Street vendors selling burritos are everywhere, and an overstuffed taco called a “montado” is also popular. You should try both at least once, and a popular local joint to do this is El Arrancón, just a little ways from the historic center. 

Chihuahua’s heritage spirit is sotol, Mexico’s largest producer. It is traditionally sipped straight but it is strong. Bartenders here have learned to work with the spirits wide variety of flavors to produce good cocktails (credit Thelmadatter)

Another important gastronomic element is sotol. Made by the same process and with a similar flavor to mezcal, the main difference is that the sotol plant is the desert spoon (Dasylirion sp.), not the agave. Though still overcoming a moonshine-like reputation, sotol is starting to get the recognition it deserves, both locally and internationally. You can try the spirit, straight or in cocktails, at La Sotolería and El Mágico bars, only a few blocks from the cathedral.

Being arid, Chihuahua’s cuisine heavily features meat (especially beef), cured meats and cheeses. Central Mexican influence can be seen in beef versions of birria and barbacoa, but the offerings do not stop there.

International trade and proximity to the U.S. have fostered an evolving restaurant scene. At El Gardenia a craft beer brew pub located only a few blocks from Pancho Villa’s home, the menu features pub stables found north of the border, but care is taken to feature food products produced in the state. Sulāwe in the exclusive Distrito 1 commercial center takes this a step further and uses traditional Chihuahua products in international haute cuisine.

One curiosity I encountered was the relative abundance of seafood restaurants and offerings. “El Chepe” created a connection to the Pacific that endured a century later, and the growing economy has drawn people from other parts of Mexico, most notably Veracruz. Either could explain this phenomenon.

While the “Chepe” train provides stunning scenery to riders, just a short visit to the capital proves the state has so much more to offer. Whether you are going to or from the “Chepe” station in Chihuahua city, or doing a border trip, Chihuahua makes for a breathtaking (and yes, safe) alternative that just might put you ahead of the game as the region gains relevance.

Leigh Thelmadatter arrived in Mexico over 20 years ago and fell in love with the land and the culture in particular its handcrafts and art. She is the author of Mexican Cartonería: Paper, Paste and Fiesta (Schiffer 2019). Her culture column appears regularly on Mexico News Daily.

But what does it meme? The week in Mexican memes

4
The best Mexican memes to share with your friends.

If you’re on a quest to understand Mexican humor – or at least to find the best Mexican memes to share with your friends – we’ve got you covered! Here’s this week’s curated collection of memes with a translation, background, any relevance to current events and hopefully, a good chuckle.

Meme translation: “I’m feeling lazier than Disney’s graphic designer.”

What does it meme? I selected this meme for two reasons: 1) it’s funny, and 2) I wanted to point out the phrase “tengo flojera,” which means, roughly, “I’m feeling lazy and don’t want to do anything.” Like hunger, “laziness” is something to have rather than to be.

And you’ve got to admit: whoever designed those movie posters definitely found a style and stuck with it!

Meme translation: “My son won’t eat fish; what can I replace it/him with?” → “With a kitty. Kitties love fish.”

What does it meme? This is one of those jokes that works more in Spanish than in English. The reason? The direct object pronoun “lo” could be referring to either the fish or the son, given that both nouns are masculine. The joke, of course, is that it’s the child, not the fish, that is replaced in the answer. 

Michi” is a cute word for “cat,” mostly used by cat lovers (gato and its diminutive, gatito, are the words you probably already know for cat).

Meme translation: “Thanks to a quite respectful client, I just realized that I’ve spent over a year telling people to get naked with me (bare with me) instead of to have patience with me (bear with me).”

What does it meme? We’re not the only ones who make second-language mistakes! There are plenty of Spanish-speaking people throughout Latin America who work in customer service for English-speaking populations.

The above mistake isn’t particularly egregious, especially since most English-speakers wouldn’t even notice the misspelling. It’s certainly not as bad as the time I told my Spanish teacher that I lived in the condones (condoms) down the street (Note: you can’t shorten “condominium” in Spanish the same way you can in English.).

Meme translation: “Don’t go, it’s barely midnight!” → “But this is the last combi to my house!”

What does it meme? “House” in this case is understood to mean “neighborhood,” but no matter. Once the combis stop coming, you’re out of luck.

Combis” are vans that operate on bus routes throughout the day (and part of the night). In my own city, combis supplement major bus routes when there’s a lot of dead time in the bus schedule, or they replace them entirely  when the streets are too narrow for a bus to get through. When you board a combi, you pay the driver and have a seat (if you can) on one of the benches that line the interior. When it’s time to get off, you can either press the red button on the grab bar, or you can simply shout “¡Bajan!

Meme translation: “This has been a year of personal growth.” → “The personal growth:”

What does it meme? Unfortunately, this is one that we can all likely sympathize with: the “personal” growth of our bodies! Especially with the Mexican holiday marathon, which is just getting started, those sizes aren’t likely to go back down very soon.

Well, there’s always New Year’s resolutions! 

Meme translation: “tell me something I don’t know” → “The first letter of a sentence should always be capitalized.”

What does it meme? I know this meme is kind of sexist (and the fact that I find it hilarious checks with my generation’s general discomfort with posting selfies that strangers can comment on), but as a fellow grammar and punctuation snob, it gave me a hearty laugh! 

Meme translation: “You know you’re doing things right when a three-million-dollar vehicle comes by to pick you up every day.”

What does it meme? What’s the three-million-dollar vehicle? Why, the metro car, of course! 

This meme struck me as sweeter (“tierno,” most people would say) than funny, as it reminds us of the amazing feats of infrastructure and organization available to us every day. 

Modern public transportation is a pretty sweet deal.

Meme translation: “Yeah yeah, f*** off.” (on box: “Halloween crap”)

What does it meme?A la chingada” might actually be 20% less strong than my best English translation of the phrase – perhaps the way British people in the movies say it so nonchalantly as if they didn’t have such a cemented Puritan history? My point is, it’s rude but you’ll hear it.

Anyway, when used in the way it is above (yes, there are other meanings!) it’s a common dismissive phrase when people just don’t want to hear about something anymore. Chingaderas is also somewhat rude, at perhaps slightly about the same level as my translation of it.

Well, we’ve got to admit: we’re ready to decorate for Christmas, right?

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

Cocktails made with mezcal, the ancestral Mexican drink 

4
The best cocktails to make with authentic Mexican mezcal. (Canva)

The popular saying is, “Mezcal doesn’t get you drunk, it makes you magical,” and who are we to argue? Unlike its cousin tequila, mezcal on its own will not produce a hangover for most people. A strong, quick buzz, though? Yes. That’s because mezcal converts into polysaccharide sugar, which begins disintegrating immediately upon contact with the tongue. Other alcoholic beverages, including tequila, convert into monosaccharide sugars, which must be processed by the liver, resulting in hangovers. If you mix mezcal and other alcohol, chances are you’ll have a heck of a hangover the next day.

The similarities to tequila start and end with the fact that both are made from the agave plant. Tequila is technically a type of mezcal and can only be made from Weber blue agave. Mezcal, on the other hand, can be made from up to 50 different kinds of agave, so its taste, blends and alcohol content vary wildly.

Mezcal can be enjoyed by itself. (Canva)

Both spirits have the coveted Denomination of Origin designation, meaning they can only officially be produced in certain areas, in the same way that Champagne must come from the Champagne region of France and the name Parmigiano Reggiano can only be given to a certain kind of cheese made in a certain part of northern Italy. Mezcal is made in nine Mexican states: Oaxaca, Durango, Puebla, Guanajuato, Michoacan, Guerrero, San Luis Potosi, Zacatecas and Tamaulipas. By law, a spirit only needs to be 51% agave to count as tequila, although high-quality brands can be up to 100% agave. Perhaps it’s because most mezcals are 90-100% agave that magical qualities are attributed to it!

Mezcals are defined in three categories according to how they’re processed: mezcal, mezcal artesanal and mezcal ancestral. Mezcal is the most commercial and industrial, and those varieties will cost less than artesanal and ancestral, which follow age-old methods, made by hand and cooked in clay pots over fire or pit ovens. Buy the best you can afford, or splurge on a tasting at a mezcal bar to fully enjoy the range of flavors.

Mezcal is best enjoyed slowly and purely, unadulterated by mixers or other alcohols. It has a distinctive smoky taste –  the result of roasting the agave core, or piña, before pressing – a host of subtle flavors. Mezcal is not meant for chugging. Citrus – whether orange, lime, or grapefruit – pairs well with it and helps balance the palate; a mezcalero or knowledgeable bartender can be helpful in exploring various kinds of mezcal.

Mezcal Dirty Martini

  • 4 Castelvetrano olives, for garnish*
  • 4 oz. (120ml) mezcal
  • 1 oz. (30ml) Cointreau or Curaçao
  • 1 oz. (30ml) fresh lime juice 
  • 1½ oz. (45ml) olive brine* 
  • 4 dashes orange bitters

Chill two martini glasses. Thread two cocktail picks with two olives each.

In a cocktail shaker, place mezcal, Cointreau or Curacao, lime juice, olive brine and bitters, then fill 2/3 full with ice. Shake until well chilled, about 15 seconds. Strain into chilled glasses, garnishing each with a cocktail pick. Serve immediately.

If you can’t find Castelvetrano olives, consider halving the olive brine and adding more to taste, as salt levels vary drastically.

Pink Lady

  • 1½ oz. Aperol
  • ½ oz. mezcal 
  • 3 oz. prosecco
  • 1½ oz. soda water
  • Lemon for garnish

Fill a large wineglass about three-quarters full with ice. Add all ingredients garnish with a lemon twist and serve.

Mezcal Royale Punch

Just in time for holiday gatherings!

  • 6-8 limes
  • ¾ cup sugar
  • 1½ cups / 12 oz. blanc vermouth
  • ¾ cup / 6 oz. mezcal
  • ¾ cup / 6 oz. Cognac or brandy
  • 3 cups / 24 oz. club soda
  • 1 (750-milliliter) bottle cold, dry sparkling red wine, Lambrusco or sparkling rosé

Peel 4 limes; place peels in a medium bowl if using a muddler or a medium jar if using the end of a rolling pin to muddle. Reserve the limes. Add the sugar to the peels and work it in until they start to turn slightly translucent, about 2 minutes. Set aside at room temperature for at least 2 hours or overnight.

Juice the reserved limes to yield about ¾ cup juice; juice more if needed. Add juice to the lime peel mixture. Stir – or cover and shake the jar – until sugar dissolves. Strain through a fine-mesh strainer, pressing on solids, and transfer to a large bowl. This can also be stored in an airtight container in the refrigerator for up to 1 month.)

Add vermouth, mezcal, Cognac and 2 cups cold water; stir to combine. Pour mixture into resealable bottles or jars, cover and chill in the refrigerator for at least 1 hour or up to 24 hours.

To serve, pour the mixture into a large punch or serving bowl. Add club soda and stir gently to combine. Fill individual punch glasses with ice and ladle punch into the glasses; top each with a splash of sparkling red wine and a lime slice. Makes 18-20 (4-oz.) drinks

Janet Blaser is the author of the best-selling book, Why We Left: An Anthology of American Women Expats, featured on CNBC and MarketWatch. She has lived in Mexico since 2006. You can find her on Facebook.

López Obrador announces US $10B green hydrogen investment

4
Green hydrogen is hydrogen fuel made from renewable energy, rather than fossil fuels. President López Obrador announced a Danish fund will invest in a green hydrogen plant as part of the Isthmus of Tehuantepec trade corridor. (hydrogentechworld.com)

A Danish fund will invest US $10 billion in a green hydrogen plant in the Isthmus of Tehuantepec, President López Obrador said Friday.

Speaking at his morning press conference, López Obrador said that the plant will be located in an industrial park, or “development hub,” near Ixtepec, located inland from the port city of Salina Cruz, Oaxaca.

AMLO at a press conference in Oaxaca
The president held his morning press conference in Oaxaca on Friday and made the green hydrogen announcement. (Lopezobrador.org.mx)

The government is developing a trade corridor across the Isthmus of Tehuantepec between Salina Cruz on the Pacific side and Coatzacoalcos, Veracruz, on the Gulf of Mexico. It will include a modernized railroad to be used by freight and passenger trains and 10 industrial parks.

López Obrador told reporters that “a Danish company – a financial economic fund from Denmark” will operate the industrial park near Ixtepec, adding that it will invest $10 billion in the project.

“They’re going to produce energy, green hydrogen to substitute fossil fuels. New ships will run on green hydrogen and all this will be produced in the Isthmus,” he said.

“We’re talking about the era of no contamination, of everything being done to avoid climate change. This agreement is about to be signed. I won’t see the finished project [during my presidency], but I will leave all agreements and everything in place. This will help the isthmus a lot.”

Salina Cruz, Oaxaca
The port of Salina Cruz, Oaxaca will be connected to Coatzacoalcos, Veracruz via the interoceanic railway. (Lopezobrador.org.mx)

López Obrador didn’t name the fund he was referring to, but he said in August that Copenhagen Infrastructure Partners (CIP), a Danish investment firm focused on renewable energy, was going to build a green hydrogen plant near Salina Cruz to supply ships.

Reuters contacted CIP on Friday and a spokesperson said they didn’t know whether López Obrador was speaking about the firm’s project and declined to disclose how much CIP was investing.

The spokesperson did confirm that CIP is “involved in a large-scale green hydrogen project in the Oaxaca region in Mexico.”

“Further development will take place in collaboration with local authorities and partners. We will provide further updates as the project progresses,” the spokesperson told Reuters.

The president recently posted a video from the interoceanic train, which will be used for cargo and passenger service between Salina Cruz and Coatzacoalcos. (@lopezobrador_/X)

López Obrador, who held his Friday morning press conference in Oaxaca, also said that a passenger train will begin running between Salina Cruz and Coatzacoalcos on Dec. 22. He completed a test ride on the interoceanic service in September.

Once freight trains are running across the Isthmus of Tehuantepec – Mexico’s narrowest band of land between the Pacific and Gulf coasts – the government hopes to attract shipping companies that currently use the Panama Canal to move cargo between the eastern and western hemispheres.

Freight shipped from Asia, for example, could be unloaded in Salina Cruz and put on a train for a journey of approximately 300 kilometers to Coatzacoalcos. It could then be reloaded onto another ship before continuing on to the Gulf or Atlantic coasts of the United States.

Navy Minister José Rafael Ojeda Durán said in June that Mexico will become a “world shipping power” thanks to the construction of the interoceanic trade corridor.

He described the multi-billion-dollar trade corridor undertaking, which also includes the modernization of the Salina Cruz and Coatzacoalcos ports, as “one of the projects of the century” and asserted that it will stimulate economic development in the region and the entire country.

With reports from Reforma, El Universal and Reuters 

When will the new nonstop US-Tijuana flight launch?

6
Tijuana hasn't had a direct connection with the United States in seven years. (Nader Abushhab/Unsplash)

Tijuana will have a direct flight to the United States starting on Feb. 15, 2024, when American Airlines launches a new route from the Baja California border city to Phoenix, Arizona.

The daily flight service will depart from the Phoenix Sky Harbor International Airport for the Tijuana International Airport (TIJ) on an Embraer 175 aircraft with capacity for 76 passengers. It will be Tijuana’s first direct flight to the U.S. in seven years, after the closure of the Volaris Tijuana-Oakland route.

Cross Border Xpress in Tijuana
The Cross Border Xpress, a pedestrian bridge, connects the Tijuana airport (TIJ) with San Diego, making TIJ an attractive destination for travelers looking to reach Southern California. (Twitter)

“We are excited to become the only airline to connect Tijuana to the U.S. and to do so from our Phoenix hub, where our customers will have access to approximately 250 daily flights to 100 destinations in the winter,” said José A. Freig, American Airlines’ vice president of operations and commercial for Mexico, the Caribbean and Latin America.

Freig added that Tijuana would be American Airlines’ 26th destination in Mexico, where the company has operated for 80 years and employs over 1,200 people.

TIJ currently has 681 weekly departing flights to 39 Mexican destinations – the most of any airport after Mexico City International Airport (AICM), which connects with 45. Tijuana does not currently offer any other international routes, but that is set to change soon, when Hainan Airlines opens a direct flight from Tijuana to Beijing, China, in the coming months.

The attractiveness of Tijuana as an airline hub is aided by the Cross Border Xpress (CBX) pedestrian sky bridge, which allows passengers to cross the U.S. border to San Diego without leaving the airport. Since the CBX opened in 2015, TIJ’s passenger numbers have increased by 284%, reaching 11.06 million between January and October 2023.

Authorities and business leaders in both Mexico and the U.S. celebrated the new route from Phoenix, which TIJ director Eduardo González predicted would “open the door to other important destinations.”

The decision also drew praise from Jared Harckham, managing director of Aviation, Travel & Tourism Advisory for ICF Aviation. In a post on LinkedIn, Harckham highlighted that Tijuana is a booming manufacturing hub benefiting from nearshoring, and an up-and-coming culinary destination.

Kudos to American Airlines for recognizing a unique, first-mover opportunity!” he said. 

With reports from San Diego Union Tribune and Simple Flying

40-hour workweek law may soon pass in lower house of Congress

2
A woman holds a pink sign with the words "Vamos por las 40 horas" at a protest
Workers demonstrate in favor of a shorter workweek, on Tuesday in Cancún. (Elizabeth Ruiz / Cuartoscuro.com)

A bill to reduce Mexico’s constitutionally enshrined 48-hour workweek over six days to 40 hours over five could be approved by the Chamber of Deputies by the middle of December, according to the leader of the ruling Morena party in the lower house of Congress.

Ignacio Mier said Wednesday that Morena is aiming to get the legislation approved before the Dec. 15 conclusion of the final congressional period of 2023. The Chamber has been considering the bill since April but the vote has been repeatedly postponed.

Mexico's Chamber of Deputies
Morena hopes the Chamber of Deputies will pass the constitutional change by mid-December. (Chamber of Deputies)

As it seeks to change the constitution, the bill requires the support of two-thirds of lawmakers in both houses of Congress in order to become law.

Morena and its allies don’t have a two-thirds majority in the Chamber of Deputies or the Senate, but there is support for the bill among opposition parties, albeit with some reservations.

“There is the possibility of approving it in this [congressional] period,” Mier said of the bill, which seeks to ensure that workers have two days of rest per week.

“That’s the intention Morena has had since we presented the initiative,” he said.

A worker in Mexico
Mexican workers are currently subject to a 48-hour workweek that runs Monday through Saturday. (Jessica Palomo/Unsplash)

The bill, which seeks to reform article 123 of the Mexican constitution, has recently been the subject of an “open parliament” process convened by the Chamber of Deputies, during which employers, workers, union leaders, academics and others expressed their views in five forums.

It will now be considered by the the Chamber of Deputies, and parties and individual lawmakers will have the opportunity to express concerns and propose changes via congressional committees, according to Mier.

Susana Prieto Terrazas, a Morena deputy and the main proponent of the bill, said Wednesday that “various experts” attended the open parliament sessions and told lawmakers that workers are more productive when they work less.

“There is good news for the business people who have been saying for years that we need to produce more. With the reduction of the … [workweek], we will produce more,” she said.

“… That’s another benefit of the initiative. And when … [employers] say that payroll costs will increase, these [still] won’t exceed 2% of the cost of finished products when sold to the public. We’re talking about crumbs for business people,” Prieto said.

If the bill passes the lower house of Congress, it will be sent to the Senate, where additional modifications could take place. Changes to the Federal Labor Law will be required to set up the regulations for a 40-hour week if the initiative finds sufficient support among lawmakers.

Rubén Moreira, leader of the Institutional Revolutionary Party (PRI) in the Chamber of Deputies, said that his party is in favor of a 40-hour work week, but indicated that the outcomes of the open parliament process still needed to be looked at.

His National Action Party (PAN) counterpart Jorge Romero said that the impact of a 40-hour week on small and medium-sized businesses needs to be considered.

“Not all employers … are huge multinational companies with almost infinite budgets. … We have to look after … micro, small and medium-sized companies, to whom one worker more or one worker less makes a big difference,” he said.

However, “we’re certain that we can find that balance,” Romero said.

A woman speaks at a podium
Morena Deputy Susana Prieto is sponsoring the bill to modify the length of the workweek. (Chamber of Deputies)

PRI Deputy Tereso Medina Ramírez said that employers should see the reduction of the workweek as an investment.

“International organizations have said and maintained that it’s not true that working more hours leads to better productivity. I call on [employers] to see this as an investment,” he said before advocating a discussion about worker training and how that can help increase productivity.

With the support of the PRI and the PAN, the 40-hour workweek bill will sail through both houses of Congress.

Many Mexicans have expressed their support for the initiative on social media using the hashtag #YoPorLas40Horas (I’m in favor of 40 hours).

“Everyone says that reducing the work week is fair and that it’s time [to do it],” said Morena Deputy Manuel Baldenbro, president of the lower house’s labor committee.

Nobody — not even employers — “has said it’s unfair, nobody has said it’s not time,” he asserted, although some business groups have expressed opposition to the bill.

Though domestic workers already had basic workers' rights in theory, the new modification to Mexico's social security law aims to close loopholes and provide a path toward wider implementation.
Mexicans workers are some of the most overworked in the world, according to data from the OECD, and intergovernmental organization. (Twitter @Tu_IMSS)

According to 2018 OECD data cited by the World Population View, Mexico is the “most overworked country” in the world.

“The average annual hours worked in Mexico is 2,148 hours, making it the most overworked country. The average workweek for full-time employees in Mexico is about 48.5 hours. About 28.7% of Mexican employees work over 50 hours per week,” the independent research organization said in an article entitled “Most Overworked Countries 2023.”

According to national statistics agency INEGI, around 15 million Mexicans work more than 48 hours a week.

“Us Mexicans work a lot,” Juan Contreras, a 48-year-old parking attendant who puts in 60-hour weeks, told The Financial Times.

“It’s our culture from our parents, grandparents that worked in the fields, … long days with very little pay.”

Mexico’s daily minimum wage remains low by international standards, but has more than doubled during the term of the current government to reach 207 pesos (about US $12) at the start of 2023, up from 88 pesos when President López Obrador took office in late 2018.

An additional increase of a yet-to-be determined size will take effect at the start of 2024.

With reports from El Financiero and El País