EFE – Mexico’s Global Economic Activity Index, or IGAE, rose 2.4 percent in April compared to the same month of 2014, an increase fueled by growth in the agricultural sector, the National Statistics Institute, or INEGI, said.
Reuters – Mexican construction conglomerate Elementia, part-owned by billionaire Carlos Slim, plans to raise up to about 5.2 billion pesos ($336 million) in an initial public offering next month.
El Financiero – One hundred years after his birth on June 28, 1915, Rafael Bernal has become a kind of cult author for his work ”The Mongol plot”. The INBA will perform June 30 honored at the Manuel M. Ponce Hall of the Palace of Fine Arts.
A new report by the Oxfam aid organization says Mexico’s income has become more concentrated among a few business magnates.
Mexico’s Carlos Slim is the world’s second-richest man, but the minimum wage is just $4.50 per day. Slim’s estimated 5 percent return on wealth alone would pay for 2 million minimum wage workers.
Wednesday’s report says Mexico’s wealthiest 1 percent receives 21 percent of income, and the richest 10 percent have 64 percent of the country’s wealth.
In 2002, four billionaires received 2 percent of Mexico’s GDP. By 2014, their share had grown to 9 percent.
The report is part of a global campaign against economic inequality.
NDTV – Authorities found four bodies inside a pick-up truck in Mexico’s troubled southern state of Guerrero on Wednesday and relatives fear they might be three missing doctors and a lawyer.
Daily Mail – A truck carrying hundreds of new U.S. visas has been hijacked in northern Mexico and the visas inside have been stolen. The truck, which vanished in Matamoros, was headed to U.S. Consulates in Monterrey and Guadalajara.
AP – Mexican authorities said they found six tigers, seven baboons, four camels and three dromedaries abandoned in cages without food, water or adequate care in the southern Mexico state of Yucatan. The passage of laws forbidding animal acts in circuses has raised fears that the exotic species might be abandoned once they could no longer pay for their keep by performing.
Reuters – Altos Hornos de Mexico (AHMSA), one of Mexico’s largest steelmakers, could cut a further 4,000 jobs if the government does not take radical measures to stop dumping in the industry, the company said in a statement.
Reuters – Mexico has more investment projects under negotiation with Cuba than any other Latin American country as it seeks to strengthen relations within the region and engage with the Communist-run nation, the country’s head trade official in Cuba says.
TeleSur – Mayor-elect Rogelio Sanchez was killed at a bus station in the municipality of Jerecuaro in Guanajuato, the town the Ecologist Green Party candidate was elected to govern.
Dario de Yucatan – In criticizing the inability of Education Secretary Emilio Chuayffet to resolve the teachers’ problem in states like Guerrero and Oaxaca, the National Action Party in the House of Representatives is seeking an appearance by officials of the Interior Ministry.
El Dario -The Apple Watch officially arrives in Mexico Friday, June 26. There is consumer interest in the watch Apple in the country. Two key points are where it can be purchased and how much it will cost.
Puente Legal – Twenty-nine original works by Michelangelo will go on exhibit June 29 at the National Hall of the Palace of Fine Arts in Mexico City, along with 45 works by artists of his time during the Renaissance.
Sports World – Javier “Chicharito” Hernandez is likely to remain in Madrid next season, just not with his former club. The Mexican international is being targeted by Atletico Madrid to replace the Juventus-bound Mario Mandzukic.
Reuters – Swiss authorities are examining development grants made by FIFA around the world as part of their investigation into the sport’s global governing body and its award of World Cup hosting rights for Russia in 2018 and Qatar in 2022, a source familiar with the probe said.
By Tim Johnson / McClatchy
Think the U.S. presidential campaign is long? Look at Mexico. The next presidential election isn’t until 2018, and candidates already are lining up.
President Enrique Peña Nieto isn’t even halfway through his six-year term.
Recent midterm elections displayed the weakness of several major opposition parties and opened the door to independents. As a result, several high-profile politicians have announced that they will seek the presidency in 2018.
Mexicans seem to be heading to a new normal: the permanent campaign.
AP – A fire that killed 17 residents at a retirement home for poor people in Mexicali on Mexico’s northern border might have been intentionally set, the city’s mayor said Wednesday.
Channel 4 – The president of the organization that chooses Miss Mexico is threatening to pull the country’s representative from the Miss Universe pageant after its owner, Donald Trump, made negative comments about Mexicans during his presidential bid announcement last week.
PRI – Twice a week in Mexico City, Chumel Torres, a clean-shaven, suited up 32-year-old sits behind a desk, in front of a green screen, and delivers a non-stop rundown of the news from Mexico, Latin America and the world with a heavy dose of satire.
It’s Mexico’s breakout show, in the spirit of Jon Stewart and John Oliver. But you won’t find it on television. Rather, as the media landscape shifts, it’s on YouTube. And that’s just fine with Torres.