FIBA – Francisco Cruz scored 12 of his team-high 18 points for Mexico in the fourth quarter and, after a go-ahead three-pointer from Paul Stoll, the Mexicans forced Iran into a backcourt violation to help lift the team from the Americas to a 75-70 win that secured a place in the Semi-Finals of the 2016 FIBA Olympic Qualifying Tournament in Turin.
ESPN fc – Club America striker Oribe Peralta will represent Mexico at the Rio de Janeiro Olympics, four years after his goals helped El Tri to the gold medal in London in a historic feat for Mexican soccer.
Travel and Leisure – The three Mexico City hotels that most charmed T+L readers this year are all in spitting distance of Chapultepec Park. Las Alcobas, second on the list, offers easy access to shopping and trendy restaurants. The Four Seasons, No. 3, and our winner, the St. Regis, also earn top marks for location.
Daily Caller – El Chapo’s Hollywood squeeze, Kate del Castillo, won an appeal to a judge, asking that the Mexican Attorney General’s Office charge her with a specific crime for her ties with the cartel chief or let her walk.
Sentido Comun – Femsa, the Mexican company manager of Oxxo convenience stores, presented a new image of its brand Oxxo Gas with which the company begins operating gas stations in 14 states Mexico.
Sentido Comun – Grupo Aeroportuario del Pacífico, or GAP, said the number of passengers transited through its facilities rose 17.3 percent in June compared with the same month last year.
Sentido Comun – AeroMexico said it carried 6.1 percent more passengers last month than in June 2015, its best advance in the last six months, but lower for a sixth month of the last two years.
By Nacha Cattan and Eric Martin / Bloomberg
Mexico raised its key interest rate after the peso plunged on the U.K.’s vote to leave the European Union, outweighing concerns revealed in the same central bank decision of a weaker domestic economy. The currency rallied.
Banco de Mexico increased the overnight rate a half-point to 4.25 percent Thursday, saying that while the nation’s growth outlook has deteriorated, worsened global economic conditions could impact prices.
It’s the second time this year that policy makers led by Governor Agustin Carstens have veered from the Federal Reserve’s path of keeping rates on hold, after a surprise rate hike in February, even after they said several times they preferred to match U.S. policy moves. The decision to raise rates more than expected Thursday highlights how far global decisions have overshadowed domestic factors, according to Credit Suisse Group.
“Today’s move was very bold,” said Alonso Cervera, chief Latin America economist at Credit Suisse. “The central bank is acknowledging that the external environment is more complex, that it may drive the peso weaker and we have to respond to it. Growth considerations are very secondary.”
Vice News – The Mexican government has started to airlift food supplies to parts of the southern state of Oaxaca that it says are suffering shortages because of road blockades by striking teachers.
Politico – Standing before a crowd outside the shuttered Osram Sylvania light-bulb factory in Manchester, NH, on Thursday, Donald Trump offered up the closed plant as a direct symptom of trade deals advocated by both Hillary Clinton and former President Bill Clinton. He also joked that a plane flying overhead could be from Mexico and poised for attack.
The Hill – A group of human traffickers was apprehended in northern Mexico smuggling Central American migrants north in cars registered with the Uber ride-hailing service. Five cars were stopped June 10 at the border of the Mexican states Coahuila and Zacatecas carrying 34 undocumented migrants. Of the five cars, four were registered with Uber.
Tech Crunch – Twenty years ago only one of 10 people in Mexico had a telephone of any kind. Today, more than 100 million people (out of a population of roughly 125 million) have cell phones and more than 70 percent are smartphones. To keep up the torrid growth, scrappy competitors are offering smartphones for every budget and plans that let users choose right from their handsets which services they want and how much they want to spend.
PRI – In the canyons of northern Mexico’s Sierra Madre Occidental reside some of the fastest runners in the world: the indigenous Tarahumara population, who call themselves the Raramuri.
This indigenous group excels in running competitions worldwide. But to the authorities, they’re becoming known for something else: Narco-traffickers have been exploiting them to smuggle drugs to the US. Between 2010 and 2015, the number of Raramuri arrested at the US-Mexico border doubled from 50 to 100 detainees.
NwiTimes – Canada and Mexico bought more steel from the United States in April, according to the American Institute for International Steel. The United States exported 305,054 tons to Mexico in April, a 5.4 percent increase from March. And exports to Canada grew 2.4 percent in April to 410,341 tons.
Korea Times – Kia Motors, South Korea’s second-largest carmaker, said that sales of its vehicles more than tripled in Mexico in May from nearly a year ago. Kia said it sold 4,610 units in Mexico in May, compared with 1,499 units in July last year when the carmaker began to sell its vehicles there.
Goal – The rumor mill is churning this summer, as it always seems to be, with chatter about players moving clubs filling printed and online pages. As always, there are plenty of Mexican players involved in the mix.
Fox News Latino – U.S. Customs and Border Protection officers confiscated an elephant skull at Mission, Texas, after a Mexican national tried to drive the skull from the U.S. into Mexico on the flatbed of his pickup truck.
Terra – Agents of the Federal Police and the Mexican Army arrested in Cuernavaca an individual allegedly linked to the disappearance of the 43 students of the school Ayotzinapa in 2014, the National Security reported.