Mexico

As Mexico Security Spending Slows, Some Fear Ever-worsening Murder Tally

... are going to recognize that and they're going to take advantage of it," Silva said. Security analyst Alejandro Hope, writing in El Universal newspaper, also said 2017 could end with a record murder tally. "Hold on," he wrote, "because it's likely to be a horrible year.". An economy weakened by trade conflicts with a Trump-led United States could spur greater violence, some experts said. CASH POOR. Reuters reviewed federal spending data until October 2016, and found that expenditure at entities such as the federal police, the army, the navy, the national migration institute, the interior ministry and the attorney general's office, rose by about a quarter between 2013, Pena Nieto's first year in office, and 2015. Since then, however, spending has slowed. For example, total 2016 spending at the attorney general's office, which investigates felonies, is on track to be the lowest since before 2012. The president's office declined to comment, directing enquiries to each ministry. Neither the army, the navy, nor the attorney general's ...

Dispute Over Border Wall Plunges U.s. Into Crisis With Mexico, As Mexican President Scraps White House Visit

... in contrast to a past when the U. S. was seen as the hemisphere’s biggest bully. The diplomats worry, however, that such favorable trends could be reversed under Trump. Nowhere is that more important than in Mexico. (Kate Linthicum). “It has taken a generation to build the relationship,” said Eric Farnsworth, vice president of the Council of the Americas, an advocacy group in Washington. “Now it has taken a new direction. This is a new day.”. Relative prosperity and stability in Latin America has been predicated in large part on increased integration and free trade. Trump seems intent on rolling that back. He already removed the United States from the Trans-Pacific Partnership treaty, of which Mexico too is a signatory, and has announced renegotiation of NAFTA. Peña Nieto’s visit was meant to be a first step in that process. NAFTA governs an interlocking web of commerce across Mexico, the U. S. and Canada, and nurtured a sizable middle class in Mexico, a country that was mired in poverty. But efforts to renegotiate the pact will be challenged if ...

U.s. Provides Aid Worth $320 Million A Year To Mexico; Experts Say Yanking It Could Hurt

... for the proposed border wall with our southern neighbor. Check out this story on __link__: __link__ j CH 3 Ca. Cancel Send. A link has been sent to your friend's email address. A link has been posted to your Facebook feed. Join the Nation's Conversation. To find out more about Facebook commenting please read the Conversation Guidelines and FAQs. U. S. provides aid worth $320 million a year to Mexico; experts say yanking it could hurt. Donovan Slack , USA TODAY Published 5:25 p.m. ET Jan. 26, 2017 | Updated 3 hours ago. A Mexican soldier stands guard at a checkpoint near the Mexico-U. S. border fence, on the Mexican side, separating the towns of Anapra, Mexico, and Sunland Park, N. M., on Jan. 25, 2017. (Photo: Christian Torres, AP). WASHINGTON — The United States directs an average of $320 million worth of aid a year to Mexico for various ...

Us Banks Slash Their Exposure To Mexico

... has gained nearly 24 percent since the election, as of Wednesday's close. Citi's shares have risen 15.5 percent during that period, with underperformance due largely to a 6 percent drop since Jan. 4. Bullishness on banks comes from expectations for more inflation that will push up interest rates and, consequently, bank's margins. Some analysts have speculated that the border tax will be inflationary in that it would act essentially as a consumption tax on Mexican goods. Interestingly, Corbat said he believes the bank has been underinvested in Mexico overall. Citi's interest in Mexico is executed primarily through its Grupo Financiero Banamex SA de CV subsidiary. However, he stressed that the bank wants to focus on making smart investments in the country that are in line with the Trump White House's thinking to ...

Trump Could Really Mess Up Mexico’s Economy

... reached a historic peak in 2016. In November alone, remittances to Mexico grew by 24.7 percent compared with the same month a year earlier. Remittances, however, are just the beginning of the risk Trump’s presidency could pose to the Mexican economy. If he follows through on his proposed policies, Trump could change the calculus for doing business in Mexico, and thus endanger the economic prospects of the whole country. Among his proposed policies, Trump has threatened to renegotiate or completely withdraw from the North American Free Trade Agreement (NAFTA) and impose a 35 percent tax on businesses that ship goods to the U. S. after relocating out of the country. Either policy could be devastating for the Mexican economy. “If Trump implements all the policies he’s been talking about, the next year to year and a half could be very complicated for Mexico,” said Jesús Peña Gonzalez, an economist and director of a manufacturing firm in Monterrey, Mexico. Mexico’s economy has long depended on trade with the U. S., and those ties have only deepened since 1994, when the North American Free Trade Agreement lowered trade barriers between the two ...

Latin America Leaders Condemn Trump's Mexico Wall At Celac Summit

... ways to confront a new regional reality. READ MORE: Trump to put limits on refugees, immigration. "The phantom of protectionism and closure of borders would have grave consequences. We must de everything we can to prevent a return to the past … We are facing an adverse international scenario. We need to stick together to defend our alliance," said host President Danilo Medina as he opened the summit. But the speed with which the Trump administration has decided to go ahead with his electoral vow to build a wall along the US-Mexico border apparently caught everyone off guard. Tuesday night, as his plane was preparing to fly him to Punta Cana for the summit, Mexican President Enrique Pena Nieto abruptly cancelled his trip, attributing it to reason of "internal agenda". The announcement came after Pena Nieto got wind of President Trump's plans to announce ...

How A 20% Mexico Tariff Could Cost U.s. Shoppers

... to build a wall that runs along the entire U. S.-Mexico border. Now's he's taking the first steps to make it a reality. USA TODAY NETWORK. Fresh vegetables purchased from Mexico totaled $4.8 billion in 2015, according to the office of the Trade Representative. Snack food imports totaled $1.7 billion, while wine and beer $2.7  billion and processed fruit and vegetables peaked at $1.4 billion two years ago. Representative Lloyd Doggett, D-Texas, said in a statement that a tariff  would not only "disrupt Texas commerce with our most important trading partner, but it would raise consumer prices by 20% on many goods, like so much of the fresh produce upon which we rely at this time of year.'. Automakers have flocked across the border, not only lured by low wages, but to tap into a skilled labor force and Mexico’s multitude of trade deals with countries across the globe. The U. S. has made use of services from Mexico in transportation, travel, technology and other industries. Such imports amounted to roughly $21.6 billion in 2015, 11% more than the year before, ...

11 Ways To See A Whole New Side Of Mexico

... the Sea of Cortez, you'll find pescado zarandeado: a whole butterflied, chili-marinated fish grilled over smoldering mesquite. …For Una Vacación Muy Romántica. Three absurdly quaint (and Valentine’s Day–appropriate) towns a few hours from Mexico City. Street Life in Guanajuato. Buy sweets at Xocola-T Boutique, a chocolate shop the size of your average elevator. At dusk, follow a band of troubadours who'll lead you up all the steep stairs and blind alleys (above). The next day: Ride the funicular up the hill. If you've got a diamond, now's when you break it out. Dining in San Miguel de Allende. This cobblestoned town has so much great food that Top Chef filmed a finale here. Sample the tacos at Tianguis de los Martes (the Tuesday market), try the tasting menu at Áperi, or hit the roof of Hotel Nena, where you'll soak up both city views and the mole sauce on a suckling pig. Shopping in Puebla. Forget that Callejón de los Sapos translates to Alley of the Frogs. Just go there. You'll seem like a hero for “discovering” this ...

Mexico’s President May Nix His U.s. Trip After Trump Orders Wall

... estimates that the project could cost $8 billion to $14 billion, Ryan said, "That's about right.". Trump has insisted many times the border structure will be a wall. The order he signed referred to "a contiguous, physical wall or other similarly secure, contiguous and impassable physical barrier.". To build the wall , the president is relying on a 2006 law that authorized several hundred miles of fencing along the 2,000-mile frontier. That bill led to the construction of about 700 miles of various kinds of fencing designed to block both vehicles and pedestrians. The president's orders also call for hiring 5,000 additional border patrol agents and 10,000 more immigration officers, though the increases are subject to the approval of congressional funding. He also moved to end what Republicans have labeled a catch-and-release system at the border. Currently, some immigrants caught crossing the border illegally ...