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Government backs off on budget cuts, cites ‘clerical errors’
The federal government has backed off on two budget cuts announced last week, explaining that they were the result of clerical errors.
Bond buyback declared a success, ‘clears the way’ for Santa Lucía airport
The offer to buy back US $1.8 billion in bonds issued to fund the cancelled Mexico City airport has received “overwhelming support” from bondholders.
Border zone minimum wage hike affects 43 municipalities
The higher minimum wage for the northern border area announced this week by the federal government will apply to 43 municipalities in six states.
Mexico, US agree on US $35.6-billion development plan to curb migration
The governments of Mexico and the United States have agreed to work together on a development plan in southern Mexico and Central America to curb migration.
Firm looks at multi-billion-peso medical-residential project in Quintana Roo
A Canadian company appears committed to building a project in Chetumal that would cater to the needs of Canadian retirees.
Businesses denounce ‘fake news’ extortion in Baja California
A gang is targeting business owners in Baja California and California with an extortion scam in which it threatens to spread fake news about them.
Six Nayarit judges accused of defrauding 40,000 in mortgage scam
The six allegedly participated in a corruption scheme that resulted in 40,000 people being wrongfully dispossessed of their homes in at least seven states.
Travel magazine readers name Riviera Maya Mexico’s top destination
The Riviera Maya has been recognized as the best destination in Mexico by Travel Weekly's 16th annual Readers Choice Awards.
Secretary calls 250 abandoned health care facilities ‘monuments to corruption’
The federal health secretary says the abandoned facilities are "scandalous monuments to incompetence, corruption and influence peddling."
AMLO government pledges ‘fiscal, financial discipline,’ targets budget surplus
The federal government presented its first budget Saturday, pledging “commitment to fiscal and financial discipline” and a surplus of 1% of GDP.
