Headlines from Mexico

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  1. Mexico’s banking stocks plunged after Sen. Ricardo Monreal (Morena-PR) presented a bill proposal that would prohibit financial entities from charging clients in various areas, including checking a balance, withdrawing cash and requesting past bank statements.

    Read more: El Financiero, Milenio, El Economista

  2. Representatives of firms involved in the construction of the New International Airport of Mexico in Texcoco met with President-elect Andrés Manuel López Obrador after the incoming government announced the cancelation of the project and the contraction of a new airport in the air base of Saint Lucia.

    Read more: El Financiero, La Jornada, El Universal

  3. Mexico City residents have not had running water for over a week. Water trucks are being used to distribute water into water tanks around the city. The city government had originally shut off the system for short-term maintenance, but encountered issues that have caused the continued lack of water.

    Read more: Excelsior, Milenio 

  4. Olga Sánchez Cordero, the incoming Secretary of Governance, presented the General Law for the Regulation and Control of Cannabis. The initiative proposes a model of strict regulation but will no longer criminalize any step of the production chain, from growing to selling to consuming.

    Read more: Milenio, Forbes, El Universal 

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