COVID roundup: 44,000 new cases Wednesday; active cases at all-time high

01/13/2022

Source: Mexico News Daily

The federal Health Ministry reported a new daily record of 44,187 confirmed coronavirus cases on Wednesday, while the number of estimated active cases hit an all-time high of 222,221.

Mexico’s accumulated case tally rose to 4.21 million, while an additional 190 COVID-19 fatalities lifted the official death toll to 300,764.

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Super Bowl avocado exports expected to break record

01/13/2022

Source: Mexico News Daily

A record-breaking 140,000 tonnes of Mexican avocados are expected to be shipped to the United States in the lead-up to the 56th Super Bowl, to be played in Los Angeles on February 13.

José Luis Gallardo, president of the Mexican Association of Avocado Producers, Packers and Exporters, told the newspaper Milenio that about 25,000 tonnes of avocados are currently being shipped to the U.S. per week, while exports will ramp up in early February.

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AMLO Wants Citi’s Mexico Unit to Be Bought by Local Investors

01/14/2022

Source: Bloomberg

Mexico’s President Andres Manuel Lopez Obrador said he prefers Citigroup Inc.’s retail-banking operation in Mexico be bought by local investors, in his first public comments on what’s expected to be the country’s largest banking deal in years.

The president, who’s been avoiding in-person events since testing positive on Jan. 10 for Covid-19 for a second time, said in a video address that potential Mexican buyers included Banco Azteca SA’s Ricardo Salinas Pliego, Grupo Financiero Inbursa SAB’s Carlos Slim, and Grupo Financiero Banorte SAB de CV’s Carlos Hank Gonzalez.

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Mexico Removes All COVID-19 Entry Requirements Including Health Form

01/12/2022

Source: Travel Off Path

exico—the world’s most popular travel destination throughout the COVID-19 pandemic—has now dropped all COVID-19 entry requirements as of January 1, 2022. El Salvador was the world’s first nation to drop all COVID-19 entry requirements in November 2021, with Mexico now joining El Salvador as the world’s second nation to drop all covid-related entry restrictions.

Unlike most of the world, Mexico has kept its borders open throughout the whole pandemic. As a result, it’s become the world’s most popular destination since 2020.

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Canada Joins Mexico in Complaint Over U.S. Car-Origin Rules

01/13/2022

Source: Bloomberg

Canada is joining Mexico in formally disputing how the U.S. interprets rules governing the origin of vehicle parts under the trilateral trade agreement between the countries.

The country will join Mexico in requesting the creation of a tribunal of experts to rule on the matter as allowed under the U.S.-Mexico-Canada Agreement, known as USMCA, Trade Minister Mary Ng said in a statement. Mexico formally made the request last week.

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Constellation plant in Mexico may spur $2.6 bln in investment, official says

01/12/2022

Source: Reuters

MEXICO CITY, Jan 11 (Reuters) – A new Constellation Brands (STZ.N) brewery to be built in the Mexican state of Veracruz, announced after a dispute over water stymied plans for a plant on the northern border, could spark $2.6 billion in investment, a government official said.

The plant in the Gulf coast state is part of a previously announced $5 billion to $5.5 billion investment in Mexico through 2026 by the U.S. maker of beer, wine and spirits.

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Mexico says has ‘no bias’ on possible buyers for Citigroup assets

01/13/2022

Source: Reuters

MEXICO CITY, Jan 12 (Reuters) – Mexico’s government has “no bias” on potential buyers for the assets of Citigroup that the U.S. bank is selling in Mexico, with both international and domestic bidders welcome, Finance Minister Rogelio Ramirez de la O said on Wednesday.

Citigroup said on Tuesday it was selling its consumer banking operations in Mexico, and Ramirez told Reuters in an interview the process would be open to all.

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Omicron spikes, Mexican president calls it “a little COVID”

01/10/2022

Source: ABC News

MEXICO CITY — As coronavirus cases spike in Mexico and tests become scarce, President Andrés Manuel López Obrador told Mexicans Monday to just assume they had COVID-19 if they had symptoms.

The number of confirmed cases in Mexico spiked by 186% last week.

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After mixed signals, Mexico says it will attend Nicaragua inauguration

01/10/2022

Source: Reuters

Mexico’s government on Monday said it would send a representative to the inauguration of Nicaraguan President Daniel Ortega for his fourth consecutive term in office, after indicating a day earlier that it would not.

Ortega, who in November won an election which U.S. President Joe Biden described as a “pantomime” after the Nicaraguan government’s crackdown on the opposition and critical media, is due to be sworn in for his next term on Monday afternoon.

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Mexico charges 7 in ‘Fast and Furious’ weapons trafficking

01/10/2022

Source: ABC News

MEXICO CITY — Mexican prosecutors said Sunday they have charged seven people, including former top officials, in the “Fast and Furious” weapons trafficking scandal.

The December 2010 murder of Border Patrol agent Brian Terry exposed the bungled “Fast and Furious” investigation, in which agents from the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives allowed criminals to buy guns with the intention of tracking the weapons

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