Mexico consulting with China, Oxford and AstraZeneca on coronavirus vaccine trials

June 30, 2020
Source: Reuters

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MEXICO CITY  – Mexico is in talks with the Chinese government and private Chinese laboratories, as well as the University of Oxford and company AstraZeneca about running trials for experimental COVID-19 vaccines, a senior Mexican official said on Monday.

More than 100 vaccines against the novel coronavirus, which has killed hundreds of thousands of people and ravaged the global economy, are now being developed and tested by various teams around the world.

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Mexico’s president confirms visit to Trump in Washington, date to be set soon

Source: Reuters
June 29, 2020

MEXICO CITY – Mexico’s President Andres Manuel Lopez Obrador confirmed on Monday that he will visit U.S. President Donald Trump in Washington to celebrate the start of a new North American trade deal.

Lopez Obrador said a date would be set shortly for the visit and added the trip would likely not take place this week.

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Supreme Court rules against Trump’s attempt to end DACA, a win for undocumented ‘Dreamers’ brought to U.S. as children

Source: The Washington Post
June 18, 2020

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The Supreme Court on Thursday rejected the Trump administration’s attempt to dismantle the program protecting undocumented immigrants brought to the country as children, a reprieve for nearly 650,000 recipients known as “dreamers.”

The 5 to 4 decision was written by Chief Justice John G. Roberts Jr. and joined by the court’s four liberals. It was the second defeat this week for the Trump administration, as the Supreme Court begins to unveil its decision in marquee cases.

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Mexico’s coronavirus death surge puts testing regime under the microscope

June 16, 2020
Source: Reuters

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MEXICO CITY – Mexico went into the coronavirus outbreak insisting it would beat the pandemic without mass testing, but with deaths surging as it prepares to exit lockdown, the strategy looks increasingly untenable.

Mexico’s coronavirus czar, Deputy Health Minister Hugo Lopez-Gatell, has doggedly eschewed widespread testing for new cases in favor of a lighter regime based on a model drawn up over a decade ago, arguing it made more efficient use of medical resources.

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Mexico temporarily forbids workers from going to Canada due to coronavirus

06/16/2020

Source: CNN

Mexico will conduct a safety review of Canadian health policies and procedures before allowing any more temporary workers to travel to Canada to work in the agricultural sector.

 

“This is a temporary pause in order to determine the circumstances surrounding the safety conditions on farms,” said Oscar Mora, spokesman for the Mexican embassy in Ottawa.

Mexico’s coronavirus infections surpass 150,000, deaths over 17,500

06/15/2020

Source: Reuters

Mexico passed the grim milestone of 150,000 total confirmed coronavirus cases on Monday, as the health ministry reported 3,427 new infections along with 439 additional fatalities.

There are now a total 150,264 confirmed coronavirus cases and 17,580 deaths, though the government has said the real number of infected people is likely significantly higher than the official count.

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Mexico limits stimulus despite millions falling into poverty

06/16/2020

Source: Financial Times

Bookseller Martha Nava has so far managed to continue to pay the wages of her four staff as the coronavirus crisis wreaks havoc on the Mexican economy, thanks in part to a government loan — but millions of other workers across the country have not been so lucky.

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Mexico desperate to reopen 11 million-job tourism industry

06/14/2020

Source: The Associated Press

An irony of the coronavirus pandemic is that the idyllic beach vacation in Mexico in the brochures really does exist now: The white sand beaches are sparkling çlean and empty on the Caribbean coast, the water is clear on the Pacific coast and the waters around the resort of Los Cabos are teeming with fish after 10 weeks with no boats going out. There are two-for-one deals and very eager staff.

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Mexico’s oil hedge to be pricier, but government likely doing it anyway

06/15/2020

Source: Reuters

Mexico will have to pay more for less coverage under its giant oil revenue insurance policy for 2021, but will likely go ahead anyway to avoid further damaging its financial standing with international investors, sources said.

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Exclusive: Mexico’s oil hedge to be pricier, but government likely doing it anyway

June 15, 2020
Source: Reuters

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NEW YORK/MEXICO CITY – Mexico will have to pay more for less coverage under its giant oil revenue insurance policy for 2021, but will likely go ahead anyway to avoid further damaging its financial standing with international investors, sources said.

The finance ministry’s billion-dollar oil hedge is the world’s largest. It has been a pillar of the budget for more than two decades for Mexico, which pumps about 1.7 million barrels per day of crude.

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