MLS Soccer -Giovani Dos Santos believes he’s got something to prove to Mexico national team interim head coach Ricardo Ferretti, and figures his best chance to do so will come in the LA Galaxy’s vital Western Conference showdowns Sunday against FC Dallas and the following weekend at Seattle.
Reuters – Crude production from Mexico’s state-owned oil company Pemex dipped slightly in August,. Crude oil production last month averaged 2.255 million barrels per day (bpd), down 0.7 percent from July.
Sentido Comun – Starbucks opened its 500th store in the country, 13 years after its arrival in Mexico. The coffee chain is present in 52 cities of the republic and employs 6,000 workers.
Sentido Comun – Volaris created a new option that allows passengers to attach ID and destination labels at home and thus speed up the process of processing luggage.
Terra – Three men involved in the 2013 kidnapping of 12 young people in a Mexico City bar and whose bodies were found months later in a clandestine grave, have been sentenced to 1,560 years in prison.
Pulso – Mexico’s tax agency has banned transactions in virtual currency under the new AML Law, warning that such payments are susceptible to money laundering.
By Lizbeth Diaz / Reuters
Parents of 43 Mexican students kidnapped and apparently massacred a year ago demanded a new probe into their fate on Thursday, accusing President Enrique Pena Nieto of ignoring their demands to solve a crime that has battered Mexico’s image.
The families asked the government to launch a new internationally supervised investigation and to review Mexico’s own investigators, after international experts cast doubt on Mexico’s official account of the incident.
In a meeting with families, Pena Nieto offered to set up a new unit in the attorney general’s office to search for disappeared persons.
But he stopped short of authorizing a new international probe or promising to review former-Attorney General Jesus Murillo and other officials’ involvement in the investigation for possible obstruction of justice, as the families had sought.
“I feel very hopeless because the government did not give us a response,” said Cristina Bautista, mother of one of the disappeared students. “From the experts we have gotten a lot, from Pena Nieto, nothing,” she said.
Bloomberg – Mexico’s largest tortilla, bread, mayonnaise and chicken makers have gained investors an average 14 percent in U.S. dollar terms this year, compared with an average 15 percent loss for food companies across Latin America.
Reuters – Mexico is studying the possibility of adding two new reactors to the country’s only nuclear power plant and could decide next year whether to seek permits to build them.
InSight Crime – Reports of drug traffickers taking control of towns in northwestern Mexico is a reminder of how organized crime often seeks power at the municipal government level.
Bloomberg – Mexico’s first-ever energy auction will award contracts priced in U.S. dollars in an effort to make the country’s newly opened power industry more attractive to developers.
What Culture – Between October 16-18, WWE will do a three-day tour of Mexico. The company will present a live event in Merida on Friday, Mexico City on Saturday and Monterrey on Sunday.
Reuters – Mexico is checking to see if Volkswagen has complied with its emissions standards and will act if it finds anomalies, Mexico’s environment minister said.
Reuters – Construction firm OHL Mexico, which has been embroiled in a corruption scandal, is suing highway technology company Infraiber for damages because of Infraiber’s “campaign to discredit” the company.
Sentido Comun – The real estate company controlled by the wealthiest entrepreneur Mexico, Maria Asuncion Aramburuzabala, won the legal battle that pitted a group of Polanco neighbors who opposed a housing project in the capital .
El Economista – Executives of the automotive company Daimler, which owns Mercedes-Benz, formalized an investment of $1.2 billion that will generate 3,600 jobs with the installation of its plant in Aguascalientes.
SI – The USA-Mexico men’s soccer rivalry is going to the big screen. The Oct. 10 showdown at the Rose Bowl for CONCACAF’s berth in the 2017 FIFA Confederations Cup will be shown at over 200 movie theaters across the United States, Fathom Events announced on Thursday.
Latin America’s power rankings are shifting this year and Mexico is emerging as a winner.
The Mexican economy isn’t surging, but it’s surviving — and that’s a success in a year of tough economic times for the region.
Low commodity prices, plunging currencies and a stock market sell off across emerging markets have hit Latin America particularly hard this year.
But Mexico’s economy is growing, unemployment is falling and its debt was upgraded earlier this year.
That’s exactly the opposite situation in Brazil, which had been the region’s biggest success story until recently. Brazil’s economic size, performance and potential surpassed all others in the region. But now its economy is in recession, its debt has been downgraded to junk status and the future outlook appears dim.
“Every problem and every headwind that you think of with Brazil, the reverse is happening in Mexico,” says Neil Shearing, chief emerging market economist at Capital Economics.
AFP – Parents of 43 Mexican students who disappeared last year began a 43-hour hunger strike on Wednesday, a day before meeting with President Enrique Pena Nieto ahead of the case’s anniversary.
AFP – Julio Iglesias announced on his 72nd birthday on Wednesday that “Mexico” will be his last studio album, but the iconic Spanish crooner insisted he would keep singing “until I’m 150.”