Betssy Chávez case: Colombia threatens Peru with reprisals if it invades the Mexican embassy

Colombian President Gustavo Petro threatened on Friday to withdraw his country’s diplomatic mission from Peru if that country attacks the Mexican embassy residence in Lima, where former Peruvian Prime Minister Betssy Chávez is currently under asylum. A judge has ordered Chávez to be held in pretrial detention for five months. “If Peru attacks the Mexican […]

Views on Mexico from Washington and Davos

Amid this week’s flurry of news, the release of the World Bank’s (WB) report on regional growth prospects went unnoticed, as it will hold its 2025 annual meetings in Washington, D.C., from October 13 to 18. The report indicates that the Latin American and Caribbean region continues its efforts to revive growth and create more […]

China investigates Mexico’s tariffs and trade restrictions

On September 25, the Chinese government launched an internal investigation “into barriers to trade and investment in Mexico.” This is due to the modifications proposed by President Claudia Sehinbaum Pardo’s administration to at least 1,400 tariff items, “a measure that would seriously harm the trade and investment interests of Chinese companies,” the Chinese Ministry of […]

Russia studies Mexico’s plan to raise tariffs on imports

Russia is analyzing the Mexican government’s plans to raise tariffs on imports of Russian products from the current 20 percent to 50 percent by 2026, the ambassador to the Latin American country, Nikolai Sofinsky, said. “The aforementioned plan by the Mexican authorities was announced recently. Russia is studying this matter and will pay due attention […]

Cancun airport owner close to buying Banamex

Fernando Chico Pardo, 73, the main shareholder of Asur, which includes the Cancún airport, is one step away from acquiring 50% of Banamex in two phases. Citi would then be sold, and Carlos Slim Helú, who was Carlos Slim Helú’s banker at Imbursa for many years, would crown his business career. He had previously attempted […]