WSJ – Today (Wednesday) Mexico will auction off nine fields in the shallow-water Gulf of Mexico in what analysts consider its best chance this year to attract private and foreign oil companies, which have been kept out for almost eight decades.
WSJ – A government contractor who carried out controversial real-estate transactions with Finance Minister Luis Videgaray and first lady Angélica Rivera is seeking to prevent public disclosure of details of a loan Mexico’s state-development bank Banobras awarded to one of his companies.
CBC – A key point of tension in a still-uncompleted Pacific Rim trade deal has ended up putting Canada and Mexico on the same side of an argument about what is fair when it comes to the terms relating to automotive production.
Fox News Latino – A municipal government official in charge of the welfare of destitute groups in a suburb of Mexico City suggested to a reporter that maybe it would be for the best if homeless people were administered lethal injections.
EFE – The mothers of the 13 young people kidnapped in 2013 from a Mexico City bar and later murdered praised the long prison sentences handed down to three men convicted in the case, but they also demanded that officials investigate the motive for the killings.
Bloomberg – JPMorgan Chase & Co. has joined four banks to manage the sale of as much as $6 billion in bonds to fund Mexico City’s new airport, with the first dollar debt likely to come in 2016’s second half.
Forbes – First and second place at the DARDO festival has given rise to Raicilla as a bona fide category, and with a cult following in Mexico, With Raicilla’s crisp floral notes and subdued smokiness in comparison to Mezcal, Raicilla’s been dubbed Mexico’s native Gin.
Sentido Comun – GBM Infrastructure, a fund specialized in supporting infrastructure investment projects, plans to invest in Ecatepec highway Naucalpan, owned by Empresas ICA, Mexico’s largest construction company.
Sentido Comun – Genomma announced that not only will it not achieve its sales growth expectations for this year as predicted in March, but revenues will drop from the need to further reduce inventories.
Proceso – A year after the disappearance of the 43 Ayotzinapa student teachers, the main business of the PRD former mayor Jose Luis Abarca Velázquez and his wife, Maria de los Angeles Pineda Villa, continue to operate normally even though both have been imprisoned since November 2014 to face prosecution for organized crime, illicit enrichment, kidnapping and murder.
Mexico’s roaring capital city, among the most populous in the Western Hemisphere, has long been considered a haven from the violent drug gangs that run unchecked across many parts of the country. But a sharp rise this year in violent crime here has many worried that the city’s favored status is in jeopardy.
The Federal District, home to some nine million of the 20 million inhabitants in the Mexico City metropolitan area, saw homicides rise 21 percent to 566 in the first eight months of this year, according to Interior Ministry data released last week, putting the capital’s murder rate at its highest level over the same period since 1998.
“It has been a slow process, but it appears that criminal activity around Mexico City is finally moving into the capital. This is a very worrying trend,” said Juan Salgado, a security expert at CIDE University and a member of nonprofit government-accountability group Causa en Común.
The increase in murders in Mexico City has contributed to a nationwide rise in homicide for the first time since President Enrique Peña Nieto took power in late 2012, months after the rate of killings linked to the country’s murderous drug war began to fall.
The rising toll is a big challenge for Mr. Peña Nieto, whose administration had trumpeted the decline in murders over the past two years as proof that the government’s security initiatives, such as improved coordination between crime-fighting agencies like the army and federal police, were working.