1. Negotiations between the Ministry of Interior and the CNTE over education reform have stalled, while blockades in Oaxaca and Chiapas continue to expand, affecting the transit of goods and people. A group of 64 organizations from private and social sectors demand a resolution to this long-running conflict.
2. During the first State Visit by a Mexican president to Canada for 15 years, Prime Minister Trudeau announced the lifting of the visa requirement for Mexican visitors beginning December 1, 2016. The North American Leaders’ Summit followed the visit, offering a chance to forge a handful of agreements, primarily on energy and the environment, as well as tout the importance of integrated economic markets.
3. Mexico raised its key interest rate after the peso plunged on the U.K.’s vote to leave the European Union. Annual inflation has remained below Banxico central bank’s 3 percent target for a year. Nevertheless, the peso’s weakness continues to raise concerns of an increase in consumer prices, an effect known as pass-through.
4. Extradition of “El Chapo” to the United States was halted by a Federal Judge in Mexico. The ruling means it could be months or even years before El Chapo is sent to the US, where he faces murder and drug smuggling charges.