Pelosi pushes to keep tech’s legal shield out of trade agreement with Mexico and Canada

pelosi

12/05/19 – CNBC

By Lauren Feiner

House Speaker Nancy Pelosi, D-Calif., is pushing to keep a key legal shield for tech companies out of a new trade agreement with Mexico and Canada. The Wall Street Journal first reported the news on Thursday.

The effort could throw a wrench into progress Congress seemed to be making on the pact and would be a blow to tech companies who already fear losing the legal protection within the U.S. Just last week, Pelosi said House Democrats were “within range” of reaching a pact they can support for the United States-Mexico-Canada Agreement, or USMCA, which would replace NAFTA.

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Uber to let passengers record rides in effort to curb crime in Latin America

Uber

11/06/19 – Reuters

By Marcelo Rochabrun

Uber (UBER.N) said on Wednesday that it will allow passengers and drivers to record audio of their trips in Brazil and Mexico using a new feature in the app, as the ride-hailing company copes with recurring safety concerns during its trips.

Uber has come under significant scrutiny over passenger safety in markets such as the United States and India but it has acknowledged particular problems in Latin America, where passengers and drivers have been robbed and assaulted and some even murdered.

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Mexican National Guard to Crack Down on Uber as Drug War Rages

uber2

10/30/19 – Bloomberg

By Andrea Navarro

Mexico’s militarized police force, already grappling with a surge in drug violence and immigration, has a new mission: to stop people from hailing an Uber at airports.

The Mexican National Guard has been charged with conducting sting operations at the country’s 56 airports to make sure that only taxis with a federal permit are allowed to load passengers, according to a statement by the Ministry. The operation comes after the Ministry met with the nation’s taxi association, and will include government communications and transportation officials.

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Stripe Open For Business In Mexico

Economic substance and arm’s length – Mexico

taxes accounting business

10/15/19 – International Tax Review

By Oscar Campero and Yoshio Uehara of Chévez Ruíz Zamarripa y Cía

Mexican taxpayers are obliged to determine their taxable income and authorised deductions derived from related party transactions considering the prices that would have been used in comparable transactions with or between independent parties. This is, in Mexico the arm’s length principle is recognised for tax purposes.

In the previous administration (2), the transfer pricing department within Mexico’s Tax Administration (“SAT” for its acronym in Spanish) had an important role, from handling a mere documentation compliance matter to acting as a strategic risk assessment tool for multinational companies (“MNEs”).

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Undercover entrepreneurs: fearful Mexican tech startups shun spotlight

 

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Photo by luis gomes on Pexels.com

10/16/19 – Reuters

By Julia Love, Daina Beth Solomon

In Mexico’s burgeoning startup scene, publicity is the last thing many entrepreneurs want.

Unlike plenty of their P.R.-hungry counterparts in Silicon Valley, Mexican startup founders often decline media interviews, avoid public announcements and suppress details of financial success.

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Mexico to Allocate $5 Million for Science and Technology

 

shallow focus photography of microscope
Photo by Chokniti Khongchum on Pexels.com

10/09/19 – Nearshore Americas

By  Narayan Ammachchi

Mexico is planning to allocate over US$5 million for science and technology-related activities in its 2020 fiscal budget, as the government looks at technology to prop up the flagging economy.

The money is 6.5% more than what was allocated to the sector in 2019, according to the President of the Congressional Committee on Science and Technology, Marivel Solís Barrera, who announced the move on October 4.

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Saving Mexico’s Native Corn With Sustainable Furniture

red and black corn
Photo by Madison Inouye on Pexels.com

10/08/19 – Clean Technica

By Anne-Sophie Garrigou

As creators of desire, we are in a privileged position to change what people want and what they ask from the market.” — Fernando Laposse

Fernando Laposse is a Mexican designer who is drawing most of his inspiration from Mexico, its people, its craft, and their relationship to the natural world. Fernando strives to transform cheap and often waste materials to create gorgeous furniture. His projects aim to raise questions regarding whole system thinking, ephemerality, patterns of consumption and the politics of food production. We talked with Fernando about the role of design in raising awareness towards sustainable issues and he introduced us to one of its latest project: Totomoxtle, which showcases the range of species of native corn that exist in Mexico.

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Airbnb Rentals Are Displacing Mexico City Residents as Rents Surge

 

people near indian flag
Photo by Ricky Esquivel on Pexels.com

October 2, 2019 – Truthout

By Tamara Pearson

In the neighborhood of Juárez, a vibrant artistic and historic area of Mexico City with LGBTQ bars and restaurants and a large Korean population, long-term renters are losing their homes as apartments are being converted into more profitable day-rate Airbnb rentals.

No studies have been conducted, but former residents say rental prices have more than doubled to prohibitive levels of 20,000 to 30,000 pesos per month. Before, 10,000 pesos (U.S. $520) was the norm, Dario Martínez told El Big Data after he had to leave his place in Juárez.

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Mexico City taxi drivers block traffic to protest Uber

uber

10/07/19 – AP News

Thousands of medallion taxi drivers have parked their cars to block major Mexico City thoroughfares to protest ride-hailing apps such as Uber.

The ranks of white-and pink cabs caused major, hours-long delays for motorists Monday.

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