Headlines from Mexico

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1. Mexico’s Secretary of the Interior Miguel Angel Osorio Chong spoke at the White House Summit to Counter Violent Extremism stating the importance of creating a common front to fight and prevent violent extremism. A total of 60 countries participated in this summit hosted by the State Department.

Read More: El Universal

2. Cemex will invest $30 million to create a new unit called Cemex Energía that will be taking advantage of Mexico’s energy reforms. They expect to launch power projects within the next five years to meet the country’s electricity requirements. Cemex also signed a joint venture agreement with Pattern Energy Group Inc. to expand wind power projects.

Read More: El Universal, La Jornada

3. Pemex has decided to no longer ship usable gasoline through its pipelines after illegal taps rose 70% from 2013 to 2014. According to the data presented, Pemex lost $1.15 billion in the first nine months of 2014.

Read More: El Universal

4. Manuel Medina Mora will be stepping down from his position with Citi, one year after the discovery of the loan scandal between Oceanografia and Citigroup’s local unit Banamex.

Read More: La Jornada

5. Federal authorities have discovered that kidnappers have used social media as a mechanism to set up dates and lure victims.

Read More: El Universal

6. 77 migrants were rescued in the states of Oaxaca and Veracruz after being transported in overcrowded and inhumane conditions by human traffickers.

Read More: El Universal, La Jornada

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