Mexico mayor tied to car and dragged along by angry locals

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10/09/19 – BBC News

Eleven people have been arrested in southern Mexico after the mayor of their village was dragged out of his office, tied to a pick-up truck and dragged through the streets.

Police intervened to free Mayor Jorge Luis Escandón Hernández, who reportedly suffered no major injuries.

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Mexico environment minister quits, second top official to exit in a week

5/25/2019 – Reuters

envMexico’s environment minister resigned on Saturday after causing a commercial flight to be delayed, making her the second top official to depart from the government of President Andres Manuel Lopez Obrador in less than a week.

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Mexico to Try New Tactics in Search for Those Missing in Drug War

2/5/2019 – The New York Times

07-01-19-foto-06-conferencia-de-prensa-matutina-770x513MEXICO CITY — Mexican officials on Monday presented a new plan to search for the tens of thousands of people who have disappeared during the country’s drug war, creating a new forensic institute and working more closely with international groups and families.

The government estimates more than 40,000 people have gone missing in Mexico, and there are about 26,000 unidentified bodies in the forensic system, Alejandro Encinas, the undersecretary for human rights in the interior ministry, said during a news conference on Monday. Officials believe there are more than 1,100 hidden burial sites in the country, he added.

“Unfortunately, our territory has become a huge clandestine grave,” he said.

The plan to locate the missing was outlined by the government of Mexican President Andres Manuel Lopez Obrador, who took office in December. During the campaign, Lopez Obrador presented a strategy that leaned heavily on “transitional justice” – which often involves leniency for those who admit guilt, as well as truth commissions to investigate atrocities and the granting of reparations for victims.

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Mexican Government to Support Search for the Disappeared

2/4/2019 – The New York Times

04-02-2019-FOTO-04-CONFERENCIA-DE-PRENSA-MATUTINA-1024x731.jpegBy Reuters

MEXICO CITY — Mexico’s top human rights official says the government will dedicate more than $20 million to a government effort to help find and identify the country’s estimated 40,000 missing.

Alejandro Encinas says Mexico has become “an enormous clandestine grave.”

Encinas said Monday there are more than 1,100 registered but unexplored secret grave sites and some 26,000 unidentified bodies around the country.

The search for the disappeared has largely been led by families of the victims, at times with the assistance of foreign experts. Encinas says the previous administration’s attention to the issue amounted to window dressing.

Encinas estimated that at least one in 10 of the disappeared are migrants. The vast majority of the victims are young people who fall prey to organized crime.

Read on the New York Times…

Mexico hedges 2019 oil at $55 per barrel, spends $1.2 billion on options

1/10/2019 – Reuters

Mexico prepares for arrival of next Central American migrant caravan

1/9/2019 – Reuters

caravanBy Diego Oré

MEXICO CITY (Reuters) – Mexican authorities will meet with Central American officials to prepare for the arrival of a planned new caravan of migrants headed to the United States next week.

The head of Mexico’s immigration office, Tonatiuh Guillen, left on Wednesday on a trip to El Salvador and Honduras to meet with his counterparts and other authorities, said Interior Ministry spokesman Hector Gandini.

Mexico hopes to discourage a mass exodus from El Salvador, Guatemala and Honduras, and wants Central Americans who decide to migrate north to do so in an orderly way and through legal ports of entry.

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UN Group Slams Mexican Plan to Hold More Suspects Pending

12/13/2018 – The New York Times

Flag-of-the-United-Nations.jpgMEXICO CITY — A U.N. rights group is criticizing a proposal by Mexico’s leftist Morena party to broaden the list of charges that require suspects be jailed while on trial.

The bill passed last week by Mexico’s Senate adds four crimes to those considered so serious that suspects can’t be released on bail or personal recognizance.

The list currently includes serious crimes like murder, rape or terrorism, and the measure would broaden add corruption, weapons possession, child sex abuse and fuel theft from government pipelines.

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Mexican Government Under Pressure to Improve Airport Bond Deal

12-06-2018 – Bloomberg

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Photographer: Brett Gundlock/Bloomberg

By Justin Villamil and Pablo Rosendo Gonzalez

Investors in Mexico City’s planned airport project want a lot more from the government before they agree to its buyback offer.

An explicit federal guarantee to honor the debt would go a long way toward resolving concerns, according to chats with more than half a dozen bondholders who asked not to be identified before any formal talks are held. Barring that, the government should agree to buy back a larger portion of the bonds or offer higher compensation for investors who hold onto the notes but agree to waive the terms set forth when the bonds were sold, they said.

President Andres Manuel Lopez Obrador’s administration is struggling to attract support for its proposal to end a standoff with investors who loaned $6 billion to construct a new Mexico City airport, a project that the new president wants to scrap. An offer to buy back about $1.8 billion of the bonds for as little as 90 cents on the dollar and provide less than 1 cent in compensation for investors who agree to waive their right to declare an immediate default when construction ends has been rejected by an ad hoc group of bondholders who say they own more than 50 percent of one of the notes, enough to block the deal from going through.

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Mexico offers to buy debt of canceled airport, but work continues

12/04/2018 – Reuters

(REUTERS/Alexandre Meneghini)

By Anthony Esposito

TEXCOCO, Mexico (Reuters) – Mexico said on Monday it would repurchase some of the debt used to fund a partly-built airport canceled by the new president, even as work at the site continued for the time being.

Veteran leftist Andres Manuel Lopez Obrador said in October that he would scrap the $13 billion Mexico City airport, arguing that the project was tainted by corruption and would be expensive to maintain.

On the first weekday of his new administration, the Mexico City Airport Trust said it would buy back up to $1.8 billion of $6 billion in debt issued to fund the airport, in an offer that runs through the start of January.

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Mexico’s ‘common man’ president pledges end to secrecy

12/04/2018 – The Washington Post

MEXICO CITY — Mexico’s newly inaugurated president kicked off his first Monday in office with something not seen in recent history — a news conference and a pledge to hold one every working day of his six-year term to keep the people informed.

Two days after taking the oath as the first leftist president in decades of technocrats, Andres Manuel Lopez Obrador made good on his promise to govern as a common man and end decades of secrecy, heavy security and luxury enjoyed by past presidents. His workday began at 7 a.m. with a gathering of more than 100 reporters, photographers and TV cameramen all trained on the new leader, his gray hair slightly ruffled as he answered questions.

“Isn’t that a change that I am here, informing you?” Lopez Obrador asked. While past presidents have rarely held news conferences, Lopez Obrador promised to do so on a near-daily basis, much as he did when he was mayor of Mexico City from 2000-2005.

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