Unbearably cute: Giant teddy bear in Mexico (Agence France-Presse) - May 2, 2019 - 5:45pm XONACATLÁN, Mexico — Residents in Mexican's Xonacatlan enter the Guinness Book of World Records with a giant teddy bear, measuring more than 20 meters long and weighing four tons. The colossal stuffed animal, named Xonita, took three months to be stitched together. … [Read more...] about Unbearably cute: Giant teddy bear in Mexico
NEW YORK (GZERO MEDIA) - Who is Mexico's new President Andres Manuel Lopez Obrador? Can he overcome the income inequality, poverty and violence that plagues his country? This video is made available to The Straits Times under a partnership with GZERO Media, a subsidiary of the Eurasia Group. … [Read more...] about GZERO VIDEO: Who is the new president of Mexico?
MEXICO CITY: Mexican President Andres Manuel Lopez Obrador on Tuesday (Apr 30) urged the United States to ratify the countries' new trade agreement with Canada after Mexico passed labour reforms demanded by its partners."Now it's up to the United States government, to the US legislators, to finish approving the free-trade agreement," Lopez Obrador told a news conference, referring to the new United States-Mexico-Canada Agreement (USMCA), which was signed in November and must now be ratified by all three countries' legislatures.He made the comment after Mexico's Senate passed reforms on Monday night intended to boost protections for Mexican workers and increase their wages - something the US and Canada demanded in updating the three countries' 1994 trade deal, the North American Free Trade Agreement (NAFTA).US Trade Representative Robert Lighthizer, President Donald Trump's top negotiator on the new deal, meanwhile praised Mexico's reform as "historic," and vowed the administration … [Read more...] about Mexico urges US to ratify trade deal after passing labor reform
MEXICO CITY: Mexican state oil company Pemex registered a loss of 35.7 billion pesos (US$1.88 billion) in the first quarter of 2019, it announced on Tuesday (Apr 30), falling back into the red despite a government bailout.The troubled company - the biggest in Latin America's second-largest economy - said the loss was mainly due to financial costs caused by the depreciation of the peso against the dollar.It is the latest bad news for both Pemex, whose US$106.5-billion debt makes it one of the world's most indebted companies, and for leftist President Andres Manuel Lopez Obrador, who is trying to help the firm regain its footing with a series of cash injections, tax benefits and other rescue measures.Pemex said sales fell 10.4 per cent in the period from January to March, to around US$18.7 billion. It reported average production of 1.6 million barrels a day, down 12 per cent from the same period last year.The company's production has plummeted for years, from a peak of 3.4 … [Read more...] about Mexico’s Pemex loses US$1.88 bn in Q1
WASHINGTON: The US military said on Monday (Apr 29) it would send about 320 Defence Department personnel to the border with Mexico in roles that would increasingly put them in contact with migrants, including driving them in vehicles and "monitoring" their welfare.The Pentagon's statement said the latest deployment would alone cost about US$7.4 million through September and broadly confirmed details of the deployment previewed on FridayThe US military deployments at the border, which now include about 5,000 forces, are being closely watched by proponents and foes of President Donald Trump's politically charged immigration policies. … [Read more...] about Pentagon approves 320 more personnel to Mexico border