-
Mexican Stocks Plummet, Peso Drops To 20-Month Lows As Investors Run From Judicial Reform
Tuesday, August 27, 2024 - 4:10pm | 705Mexican financial assets have come under significant selling pressure on Tuesday as investors react negatively to domestic political developments. Concerns are mounting over a judicial reform proposal, which many see as a threat to judicial independence and a potential compromise to justice and...
-
Ron DeSantis Bashed By Mexico's President Over Florida Anti-Immigration Bill: Governor Taking 'Advantage Of Migrant's Pain' For Political Gain
Monday, May 8, 2023 - 9:51pm | 362Mexican President Andrés Manuel López Obrador heavily criticized Florida's latest anti-immigration bill on Monday as "immoral." The bill would give the state's Republican Governor Ron DeSantis $12 million for the transportation of migrants. What Happened: López Obrador said DeSantis is taking "...
-
Cannabis Regulatory Update: Maine Prepares For Federal Reform, Hawaiians Urge Clemency & More
Wednesday, April 26, 2023 - 5:44pm | 733Hawaiians Want Clemency For Low-Level Cannabis Offenses This week, the Hawaii legislature approved Resolution 51, urging the governor to initiate a clemency program for individuals who have been prosecuted for low-level marijuana-related offenses. Rep. Jeanne Kapela, who sponsored the...
-
Mexican President Lopez Obrador Accuses US Of 'Spying' — Says Wants To 'Weaken Us Politically'
Tuesday, April 18, 2023 - 10:05pm | 364Mexican President Andres Manuel Lopez Obrador accused the Pentagon of spying on his government following a Washington Post report based on leaked U.S. intelligence documents. What Happened: Lopez Obrador, on Tuesday, criticizing the U.S., vowed to restrict information from the country's armed...
-
Mexico's President Lopez Obrador Slams NBA's New Cannabis Policy
Monday, April 10, 2023 - 3:39pm | 586The NBA has eliminated cannabis testing for players and is considering allowing them to invest in NBA and WNBA teams, as well as promote and/or invest in sports betting and cannabis companies. Until now, NBA players have been prohibited from participating in cannabis sponsorships or business...
-
Mexican President Lopez Obrador Digs At US After Recent Deadly Kidnapping: 'Mexico Is Safer…'
Tuesday, March 14, 2023 - 3:17am | 299Mexican President Andres Manuel Lopez Obrador, on Monday, took a dig at Washington, saying that his country was safer than the U.S. What Happened: President Obrador pushed back against American critics of his security record after a recent deadly kidnapping in a Mexican city claimed the lives of...
-
GOP Stops Short Of Declaring War On Mexico, Whose President Blames US Fentanyl Crisis On 'Social Decay'
Saturday, March 11, 2023 - 6:53pm | 661When Mexican President Andrés Manuel López Obrador called the 70,000+ annual fentanyl overdose deaths of Americans the result of the US’s inherent “social decay” having nothing to do with Mexican cartels trafficking it across the border by...
-
Biden Approval Rating At 42%, 31% Say US Headed In Right Direction: Poll
Monday, December 12, 2022 - 6:33pm | 654A new poll from Morning Consult shows how Americans are feeling about President Joe Biden and what they perceive as the most important world issues. According to the results: 42% approve of Biden 51% disapprove 7% have no opinion. 31% say the U.S. is headed in the right direction 68% say the U.S....
-
Musk Reacts To Questions Over Trump's Return On Twitter As Mexico President Urges To 'Repair Damage'
Thursday, November 3, 2022 - 3:40am | 401Tesla Inc (NASDAQ:TSLA) CEO Elon Musk's purchase of Twitter has made the chorus demanding Donald Trump's return to the platform louder with Mexico's president joining in on Monday. What Happened: President Andres Manuel Lopez Obrador said at a news conference that Musk should "repair the damage...
-
Mexico Publishes Long-Awaited Regulations On Medical Cannabis
Wednesday, January 13, 2021 - 11:27am | 332Mexico’s government has published regulation guidelines for the legal production, research and use of medical cannabis. The document, signed by President Andrés Manuel López Obrador, deals with the control, promotion and law enforcement of cannabis as a raw product and its...
-
Mexico Aims To Restart Critical Factories And Supply Chains By Monday
Thursday, May 14, 2020 - 8:44am | 506Mexican President Andrés Manuel López Obrador announced on Wednesday morning a plan for the "gradual" resumption of economic activities. The plan includes restarting factories in the automotive, mining and construction industries by as early as Monday. Other parts of Mexico's economy and social...
-
Mexico Auto Production And Sales Collapses
Tuesday, May 12, 2020 - 4:29pm | 583Auto factories across Mexico were closed in April, consequently, wholesale and retail heavy-duty truck dealerships reported sales declines of 77% compared to the same period in 2019. Only 893 heavy-duty trucks were sold at the wholesale level in Mexico in April, compared with 3,865 trucks sold...
-
Another Country Considering A Rate Cut And It May Need More Than One
Tuesday, July 30, 2019 - 12:50pm | 500The iShares MSCI Mexico ETF (NYSE: EWW) is up just 2.65% year to date, well below the returns of the MSCI Emerging Markets Index and the S&P 500. Slumping Mexican stocks could be a sign Latin America's second-largest economy needs some jump-starting. What Happened As has been noted, stocks...
-
The 'New NAFTA' Creates Certainty For Oil & Gas Investors
Thursday, October 4, 2018 - 11:14am | 884Negotiations for the United States - Mexico - Canada Agreement (USMCA) have been concluded, but the three countries still have to ratify the deal. The USMCA represents President Trump's effort to modernize the North American Free Trade Agreement (NAFTA) and includes important provisions that...