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...in Mexico....
...While Congress bickers, the people travelling north through Mexico are buffeted by the country’s capricious authorities....
...Mexico is also demanding reparations for damages and a promise that such an action will not happen again....
...Our main item is from the FT’s Mexico and Central America correspondent Christine Murray, who investigates the energy challenges facing Mexico’s next president....
...Mexico, Latin America’s second-largest economy, is all but certain to elect its first female president on June 2, as well as choosing a new congress....
...“Mexico’s interests are not the United States’ interests on this topic,” said Carlos Pérez Ricart, an author of a book on the DEA in Mexico....
...“It’s the growing ideologisation of foreign policy across Latin America,” she said....
...Mexico’s economy, the second largest in Latin America, has been relatively resilient, with growth of 3.3 per cent last year and unemployment at historic lows....
...Voters are likely to choose a female president for the first time in Latin America’s second-largest economy, but the next leader faces a tight budget while trying to attract more “nearshoring” investments...
...“It is casus belli, Mexico could declare war if it wants.”...
...In June, Mexico will hold its largest elections, including for a new president and congress....
...Efforts to try to reduce the dominance of his América Móvil telecoms company have lost momentum, experts said....
...Dialogue on migration issues will continue between the federal governments,” Roberto Velasco, head of North America at Mexico’s Foreign Ministry, wrote on X....
...Pemex, once a major cash cow for Mexico’s government, now has the highest level of debt of any oil company due to years of under-investment, corruption and lack of reforms....
...Condemnation from Latin America’s governments was swift, with leftist leaders from Cuba, Venezuela, and Honduras criticising Ecuador’s conduct, while Nicaragua on Saturday followed Mexico in breaking off...
...Cars imported to the US from Mexico are subject to a 2.5 per cent US levy, while parts put together in Mexico incur a tariff of 0 per cent to 6 per cent....
...Within the past 12 months, Mexico’s supreme court has blocked some of his crucial reforms, making the institution a target for his supporters....
...The North American country “has the potential to be as important as Brazil for us”, said Vélez, citing its large population of almost 130mn and higher income per capita....
...Millions of people are expected to watch a total solar eclipse sweep across North America on Monday, offering rare views of the star that sustains life on Earth....
...Panama, once Latin America’s star economy, is close to losing its investment-grade status as another ratings demotion looms, with the next president set to inherit its biggest economic challenge in decades...
...The moves were a show of government force against Mexico’s second and third richest men....
...“You hear more and more voices saying there is something dark in all this,” says Ernesto Revilla, Latin America chief economist at Citibank and a former senior Mexican finance ministry official....
...the occupying power or the occupied power,” Mexico’s foreign ministry said....
...A record number of migrants are travelling through Central America and Mexico to reach the US border, making it a top issue for the US election in November and a significant problem for President Joe Biden...
...and Sir Sajid Javid as potential candidates for its next chair, BP reported its second-biggest annual profit in a decade, and the FT’s Michael Stott explains the dark side of money flowing from the US to Mexico...
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