Sentido Comun – Shares of housing development companies, including some who lived through bitter moments three years ago for failing to meet financial obligations, recorded record highs in the Mexican stock market to the surprise of friends and strangers.
Sentido Comun -Nova Energy Infrastructure (IEnova) is unhappy with its disqualification from another FEC auction. Last Friday, CFE dismissed IEnova offer in the competition to build the Tula-Villa de Reyes pipeline.
Notimex – The Directorate General of Epidemiology reported that Mexico recorded 222 cases of infection by the virus zika , of which 53 are pregnant. States with the most cases are Chiapas and Oaxaca, followed by Guerrero, Jalisco, Michoacan, Nayarit, Nuevo Leon, Sinaloa, Tabasco, Veracruz and Yucatan.
El Financiero – In March, KIA Motors Mexico registered a growth of 7.5 percent in total sales, with 3,381 more vehicles sold than the preceding month. Since starting operations in the country last July, Kia has sold 20,658 vehicles.
Mexico ended 2015 with nearly 10,000 complaints of alleged human rights abuses, representing an increase of 18 percent compared to the figures recorded in 2014.
President of Mexico’s National Commission of Human Rights (CNDH), Luis Raul Gonzalez, released the numbers Wednesday as part of his annual address.
Mexico is one of the countries in the region with the most cases of torture, arbitrary executions, human trafficking and forced disappearances.
In 2015 alone, 453 cases of disappearances were registered, while in the past decade some 27,000 people have been reported missing and another 150,000 killed, with reported links to organized crime.
According to Gonzalez, by the end of 2015 the CNDH had received 3,152 human rights complaints relating to improper provision of public services like security, 1,871 complaints relating to lack of honesty and impartiality in state services and 1,697 complaints for refusing medical care.
President Peña Nieto has been dismissive of both national and international human rights organizations demanding reforms in Mexico.
The Sun Daily – Independent experts investigating the disappearance of 43 students in Mexico threatened Wednesday to stop working with government authorities, accusing them of manipulating the probe for political ends.
Reuters – Mexico’s annual inflation rate eased in March and remained below the central bank’s 3 percent target, giving policymakers room to keep interest rates on hold amid a partial recovery in the peso.
Reuters – U.S. sugar refiners want to renegotiate suspension agreements signed by Mexico and the United States in December 2014 so they can import more standard sugar, the president of Mexico’s sugar chamber, Juan Cortina, said.
Sputnik – The cost of the Uber taxi dispatch service has increased dramatically after Mexico City authorities imposed restrictions on the use of private vehicles amid environmental concerns.
Sentido Comun – Aeromexico, the country’s largest airline, reported in March, the lowest monthly increase passenger traffic in 15 months, and the second lowest in almost three years.
Sentido Comun – Volaris, the second largest airline in Mexico, transported 36.9 percent more travelers last month than in the same period of 2015. The growth rate is the second largest since Volaris began trading on the Mexican stock market in September 2013.
EFE – Mexico has the highest number of deaths from diabetes in Latin America, according to a study by the World Health Organization (WHO) that also shows that the disease is the fourth leading cause of death in the country.
El Universal -Cities with the highest percentage of people aged 18 and over who felt that their cities are unsafe were Villahermosa and Acapulco. Tepic, Campeche and Merida were considered safest.
Expansion – Banco Inbursa, a subsidiary of Grupo Financiero Inbursa, the financial arm of tycoon Carlos Slim, plans to collect 3 billion pesos ($168.7 million) with the sale of a three-year bond.
Washington Post – Mexican tax authorities say they are investigating 33 citizens of Mexico whose names are mentioned in documents in the “Panama Papers” leak. Tax authority head Aristoteles Nunez told Radio Formula on Wednesday that some of those mentioned in the documents were already subjects of investigations. He refused to identify those people.
By Paul Lienert, Bernie Woodall, David Shepardson and Ana Isabel Martinez / Reuters
Ford Motor Co on Tuesday announced it would invest $1.6 billion to build more small cars in Mexico, starting in 2018, triggering a fresh blast of criticism from Republican front-runner Donald Trump.
Following the announcement, Trump labeled the move “an absolute disgrace.”
“These ridiculous, job crushing transactions will not happen when I am president,” the real estate billionaire said in a statement released by his headquarters.
Ford stood by comments on the issue made two weeks ago by its chief executive, Mark Fields, who said the company would not back down on its production strategy.
“We are a global, multinational company and we will invest to keep us competitive and we will do what makes sense for the business,” Fields said.
WSJ – Republican presidential candidate Donald Trump said he would demand Mexico pay between $5 billion and $10 billion to build a wall along the U.S.-Mexico border, and if the payment wasn’t made, he would block remittances from undocumented Mexicans living in the U.S.
Reuters – Mexico’s government on Tuesday unexpectedly changed two of its top officials responsible for U.S. relations, citing concerns about an increasingly anti-Mexican climate across the border.
The Guardian – With little fanfare, Mexican officials have quietly tried to undercut an international investigation into one of the country’s worst human rights tragedies: the attack on 43 students from the Ayotzinapa teacher training school, who were kidnapped and presumably killed by police and whose bodies have never been found.