Thursday, October 17, 2024
An ambulance rushes to the scene of a homicide.

4 taxi drivers killed by gunmen in Acapulco, Guerrero

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One driver was shot shortly after a protest in which taxi drivers called on authorities to put an end to violence in Acapulco.
Missing Oaxaca activist and human rights lawyer Sandra Dominguez posing for a photo in a room with a primitive art painting of butterflies. She is smiling.

Search intensifies for Oaxaca activist who fought against gender violence

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After a U.N. appeal for action, Oaxaca is widening the search for Sandra Domínguez, a human rights lawyer who had received threats.
President Claudia Sheinbaum stands at a podium in front of a photo of Felipe Calderón and Genaro García Luna.

Former President Calderón responds to García Luna’s drug trafficking sentence

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The former Mexican commander-in-chief denied knowledge of his top security official's side hustle with the Sinaloa Cartel.
Yellow railroad locomotive engine car on a railroad track

Rail services reform bill passes Congress, ending decades of privatization

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Passage of the rail reform bill undoes a decades-old rail privatization law that ended passenger rail service in Mexico.
A older man looks up at screen that reads "Festival Internacional de Cine de Morelia" at the 2024 Morelia International Film Festival

22nd annual edition of the Morelia International Film Festival opens Friday

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American director Ford Francis Coppola will be a special guest at the festival, which will feature hundreds of Mexican and international film screenings.
Pemex's Olmeca Refinery in the Dos Bocas Port in Paraiso, Tabasco. (Presidencia/Cuartoscuro)

Mexican Senate approves energy sector reform bill

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If enough states ratify the approved reform bill, it will reverse parts of a 2013 law that opened Mexico's electricity and oil markets to foreign investment.
The entrance to Avery Dennison's new plant in Querétaro, showing the company name in red letters

Avery Dennison opens US $181M plant in Querétaro

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The company is a leading producer of the digital tags used around the world to track products as they move through supply chains.
Royal Caribbean cruise ship on the ocean.

Royal Caribbean to invest US $600M in ‘Perfect Day’ Mahahual site

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Royal Caribbean says it'll replicate its Bahamas "Perfect Day" concept in Mexico with a site exclusive to cruise passengers in Mahahual, Quintana Roo.
View of Popocatépetl from Puebla

World Bank lowers GDP growth forecasts for Mexico for 2024-26

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The World Bank cited a weaker peso and investor uncertainty among the reasons for a more pessimistic economic growth outlook.
Manzanillo, Colima port

WSJ: Sheinbaum administration wants US help to reduce Mexico’s imports from China

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The Wall Street Journal reported on this administration's plan to reduce dependence on China, with help from foreign manufacturers operating in Mexico.
Jorge Vallejo CEO of BYD Mexico speaking at the BloombergNEF forum in Monterrey, Mexico

BYD projects its sales of EVs in Mexico will reach 100K by 2025

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BYD's general director in Mexico said Tuesday at the BloombergNEF forum that the company's sales in Mexico will hit 50,000 EVs this year and double that in 2025.
Altagracia Gómez, the president's business advisor, is mainly focused on capacity building and supporting small and medium-sized businesses within the sector. “We want the young people working for your company to be properly trained,” Gómez stressed. 

Sheinbaum administration outlines 10 priorities for Mexico’s auto industry

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The announcement of priorities for the sector suggests Sheinbaum will maintain a closer relationship with automakers than her predecessor.
Benjamin Ting, senior vice president at Foxconn on a stage giving a speech wearing a headset microphone.

Foxconn says it will build huge Nvidia ‘superchip’ plant in Guadalajara

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Senior Foxconn executives revealed the plan at the company's annual tech day in Taipei, announcing that the plant would assemble high-demand chips for Nvidia.
10 people in suits posing for a photo for a photo holding shovels while standing under two bucket loaders whose cranes are bent into something resembling a heart shape.

Makino invests US $21M in Querétaro tech innovation center

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Makino, one of the world’s leading companies in advanced manufacturing technology, aims to become an "iconic" presence in Querétaro, its officials said.
Trump at a rally in Butler, PA on Oct. 6, 2024

Trump threatens 200% tariff on all cars imported from Mexico

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Trump's most recent comments indicate that the tariffs would extend beyond Chinese vehicles to include all vehicles imported from Mexico.
Claudia Sheinbaum staring into the camera at a press conference and smiling.

Peso performs well during Claudia Sheinbaum’s first week as president

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Mexico's peso appreciated more than 2% against the U.S. dollar this week, strengthening both before and after President Sheinbaum took office.