A federal judge dismissed criminal charges on Monday against two women who witnessed the June 30 army killing of suspected drug gang members in southern Mexico.
Business Wire – InterGen says its Altamira Compression Station in Tamaulipas is now operational. The 40,000 horsepower station will transport up to 1.3 billion cubic feet per day of natural gas in Mexico’s pipeline system.
PRNewswire – From rich traditions and stunning historical sites to glittery New Year’s Eve celebrations and haute cuisine, Mexico City serves up a cultural escape to make spirits bright for any traveler.
NYT – Raúl Salinas de Gortari, the brother of former President Carlos Salinas de Gortari, has been cleared of charges of illicit enrichment, ending his two decades of legal battles over charges ranging from money laundering to murder.
Excelsior – The National Weather Service reported that a frontal system will bring cold to very cold temperatures with frost in the mountainous areas of northern and central Mexico.
Excelsior – The head of the Ministry of Foreign Affairs (SRE), Jose Antonio Meade said Mexico had “a good year” in foreign policy, despite facing problems such as the Iguala case.
PL – The Piedra del Sol, the colossal monument that summarizes the astronomical knowledge of the Aztecs before the Spanish conquest, turns 224 years old today.
The Guardian – Mexican federal authorities had real-time information of an attack on a group of student teachers by corrupt local police, but did nothing to stop the disappearance and probable massacre of 43 people, according to new evidence published by the news magazine Proceso.
Financial Times – In Shakespearean tragedies, the second act is often the longest and most painful. Something similar might now be happening to Mexico and its economy as the oil price slumps.
Telesur – Mexico will send army troops to participate in one of the 16 UN peacekeeping missions in progress presently – part of the government’s efforts to step up its positive profile on the international stage.
LAT – An estimated 100,000 Mexican children under 14 pick crops for pay. Alejandrina, 12, wanted to be a teacher. Instead, she became a nomadic laborer, following the pepper harvest from farm to farm.
NYT – Mexico is expected to name a special prosecutor to investigate corruption. That might be what the public demands. What it is getting is a prosecutor with little of the independence necessary to carry out the stated mission.
Bloomberg – Mexico’s top-performing fund manager says the country’s real-estate investment trusts will thrive as the peso weakens — partly because many commercial-building rents are collected in dollars.
Billboard – Vevo’s Mexico service registered over 1 billion views in November, a significant milestone that now makes the country Vevo’s second largest market after the United States.
EFE – Top energy officials for the United States, Mexico and Canada agreed to the outlines of a “new roadmap” by signing a 15-point agreement including the promise to exchange information and recognizing the need to work on energy security and environmental policies.
International Business Times – Mexico’s vigilantes are back, and angry. The so-called self-defense groups announced their return in full force — a development that underscores how the security situation in parts of Mexico is still dire.
De Zeen – Architectural licensing bodies in the United States, Canada and Mexico have forged an agreement to allow architects to work across North American borders.
Reuters – Fiat Chrysler Automobiles has resumed exports from Brazil to Mexico after a more than three-year hiatus due to weak Brazilian demand and a more favorable exchange rate.
The Street – With prices of crude oil at fresh five-year lows, investors are wondering when Saudi Arabia might finally cry uncle, cut oil production and reverse the dramatic slide in oil prices. Yet Mexico, a non-OPEC country and third largest exporter of oil to the U.S. behind Canada and the Saudi Arabia, could have nearly as much near-term influence on oil prices as Saudi Arabia if they cut their own production.
By Richard Marosi/Los Angeles Times – Company stores, called tiendas de raya, are a stubborn vestige of an oppressive past. The country’s export farms have modernized rapidly in recent years to meet U.S. food safety standards and satisfy Americans’ appetite for fresh fruit and vegetables year-round. But the company stores operate as they have for generations: as mom-and-pop monopolies that sell to a captive clientele, post no prices and track purchases in dog-eared ledgers.