AP – A 5.4-magnitude earthquake shook Mexico’s southern state of Oaxaca on Sunday morning, though Mexican officials said no injuries or significant damage was reported.
TeleSur – Civil society organizations and the parents of the 43 Ayotzinapa students who were abducted in Iguala, Guerrero, on Sept. 26, 2014, concluded a vigil called “43 for 43” late Sunday evening in Mexico City.
AP – Mexican President Enrique Pena Nieto left the hospital on Sunday after undergoing surgery to remove his gallbladder. Pena Nieto said he was feeling “very good” and is maintaining his normal schedule, including receiving a visit by Spanish King Felipe Vi today, Monday.
Yucatan Times – Wind energy in Mexico is expected to attract an annual investment of $2 billion during the next 25 years, becoming the most important sector in the country’s energy industry and the main source of large-scale renewable energy by 2033, surpassing hydroelectric.
EFE – Mexico’s leftist Party of the Democratic Revolution, or PRD, has experienced a serious decline in support since 2008, losing control of 126 cities and nearly half of the 27 million people it governed seven years ago.
talkSPORT – Javier Hernandez continues to prove his doubters wrong after scoring the equaliser in Mexico’s 2-2 draw with Costa Rica. The Manchester United player headed in a brilliant leveller for the Mexicans, returning to the side after an adminstration error kept him out of the Copa America.
MotorSport – Formula 1 returned to Mexico City on Saturday, as Red Bull brought Carlos Sainz and Daniel Ricciardo aboard a pair of RB7-Renaults for a roadshow event on the capital city’s streets. Government authorities estimated a crowd of 70,000 turned out.
La Prensa Grafica -The capture and death of 93 leaders of organized crime (from a list of 122 leaders) during President Enrique Peña Nieto’s term has decreased levels of violence in Mexico, El Universal said.
La Razon – Mexico is “a country that increasingly deposits rubbish”, said the Archdiocese of Mexico in an editorial in his newspaper Desde la Fe to mark this week dedicated to public policy failures that have harmed the environment.
Vanguardia – Rockabilly, ska, indie and rock and roll entertained thousands of Saltillenses on Saturday at the 2015 edition of Rockcoahuila. Among bands performing were the Rebel Cats, Chico Trujillo, La Gusana Ciega and Rococo Pantheon.
Notimex – Next Thursday marks one hundred years since the death of Porfirio Diaz. Born on September 15, 1830 in Oaxaca, Jose de la Cruz Porfirio Diaz Mori is known as the president of Mexico which established peace in the country after independence. After being overthrown by the Revolution, Diaz left the country for Paris, where he died on July 2, 1915.
By Jude Webber / Financial Times
Mexico is home to chutzpah on a grand scale. The country’s 16 billionaires have combined wealth of $144.5 billion, according to Forbes’ The World’s Billionaires list, amounting to some 11.5 per cent of the nation’s gross domestic product.
Some of the country’s rich, such as Carlos Slim, Mexico’s wealthiest man, are humble. While the telecoms tycoon has built a museum to house his art collection, including numerous Rodin sculptures, he lives unostentatiously.
But for the rich, flaunting the trappings of their wealth is entirely natural in a bling-crazy country, as Mexican photographer Daniela Rossell captured to perfection in her book Rich and Famous. Its portraits, taken between 1994 and 2001, show a rarefied world in which luxe ladies of leisure idle in their designer clothes and kitsch mansions. One tweet about the book notes tartly: “It’s a bit old now, but I doubt much has changed.”
Indeed it hasn’t. In Mexico it appears accepted, expected even, for success to translate into lavish lifestyles.
In this middle-income, emerging economy, where 52 per cent of the population live in poverty, the lives of the rich are eased by armies of staff, beach and country homes and shopping trips abroad. “It’s like in Miami, only cheaper,” says one well-connected consultant.
WSJ – AT&T Inc. plans to invest around $3 billion in Mexico to make its high-speed mobile Internet service available to 100 million people by the end of 2018, the U.S. telecommunications company said.
Reuters – Mexico’s factory exports suffered their biggest fall in over two years in May, pointing to weaker demand from its main trade partner, the United States, though a jump in non-oil consumer imports pointed to more robust spending at home.
LAT- Spanish-language media giant Univision is cutting business ties with Donald Trump, saying the real estate mogul made “insulting remarks” about Mexican immigrants when he announced that he was running for president.
Univision said it would not air the Miss USA pageant, as scheduled, on July 12. The company said it was severing its relationship with the Miss Universe Organization, which is part-owned by Trump.
Bloomberg – For bond investors in Mexican companies stung by lackluster returns, it’s likely to get worse. While dollar-denominated corporate bonds in emerging markets have returned 4 percent this year, those from Mexico have just gained 0.5 percent.
And because long-dated notes that are more sensitive to interest-rate increases make up a disproportionate amount of the nation’s corporate debt, the underperformance is likely just a prelude to losses in the second half as the U.S. Federal Reserve prepares to boost benchmark borrowing costs.
Reuters – Alfa said the all-cash offer it and Harbour Energy have made to buy Canadian oil company Pacific Rubiales is “full, fair and final.” The two companies are “disappointed” with a high-profile recommendation to reject the bid and they “do not intend to increase” their offer.
UPI – Amazon is launching full online retailing in Mexico. The U.S. based e-commerce giant currently only sells Kindle products in Mexico, but a study shows Amazon stands ready to revolutionize Mexican e-commerce.
ESPN fc -There is undoubtedly no lack of star-studded talent for Mexico in the upcoming Gold Cup tournament. Hidden behind many of the superstars is 27-year-old Yasser Corona. The Queretaro defender is the newest member of the national team and the only player on the Gold Cup roster who has yet to play in any match with El Tri.
Yucatan Times – Spain’s King Felipe VI and his wife Queen Letizia will visit Mexico on their first travel to the American continent as monarchs of the Spanish Crown. Zacatecas and Mexico City will be their only two destinations.