Latest Mexico City News
RSS-
Carlos Slim to sell stake in Philip Morris Mexico
Grupo Carso company is selling its stake in Philip Morris's Mexico unit to the US tobacco giant for $700 million, the firms said Tuesday. Grupo Carso holds a 20 percent stake in Philip Morris Mexico (PMM) and the companies expect to complete the transaction by September 30, ending a three-decade partnership between Slim and the maker of Marlboro cigarettes. Philip Morris holds almost ...
-
Same-sex couples inch toward sharing benefits in Mexico City
Same-sex couples are a step closer to being able to share social security benefits after one government agency changed its policy in May 2013. Same-sex marriage has been legal for three years in Mexico City. But delays in Congress to revise the social security laws continue to leave spouses without access to each other's ...
-
Soldiers flood western Mexico to protect towns
COALCOMAN, Mexico (AP) -- Mexico's top security officials promised Tuesday that a new federal offensive to rescue towns besieged by the Knights Templar drug cartel in western Michoacan state would stay "until there is security and peace for all state ...
More Mexico City News
RSS-
Statement by Agriculture Secretary Tom Vilsack on Meeting with Mexicoaposs Secretary of Agriculture
MEXICO CITY, May 17, 2013 - Agriculture Secretary Tom Vilsack today issued the following statement following his meeting with Mexico's new Secretary of Agriculture, Enrique Martnez y Martnez: "I am pleased by the productive exchange with Secretary Martnez where we discussed and recognized the strong bilateral agricultural trade between our two countries. Mexico is an important ...
-
Pena Nieto’s Mexico Energy Reform Faces Delay in PAN Shakeup
Ernesto Cordero from the Senate party leadership. The decision erodes the political consensus parties have built in congress, complicating the economic reform agenda, according to IdeaGlobal and Javier Oliva, a political scientist at Mexico's National Autonomous University. "What may happen is that factions of the party would vote against part of an energy reform," Oliva ...
-
Opportunity in Mexicos Airport Operators
With the Mexican economy growing at around 3.5% in 2012, it's not surprising that airport traffic was up for the year. Tourism is one of the biggest sources of foreign currency for Mexico. As the Mexican economy's growth is expected to be close to its potential, at 3.5% in both 2013 and 2014 ...
-
California couple get prison for keeping niece as sex slave
A Southern California couple are headed to prison after pleading guilty to keeping a young niece in the United States illegally as a sex slave. Inez Martinez Garcia, 44, was sentenced Monday to a 20-year prison term. Her husband, Marcial Garcia Hernandez, 45, was given a 23-years-to-life sentence. Both pleaded guilty to multiple counts of abuse. Prosecutors said the couple coerced a relative ...
-
Mexico City rivals to contest Liga MX final
The recent dominance of the Liga MX by teams from the north is over, for now, with the traditional "Big Four" represented by two sides from Mexico City in this week's Clausura 2013 ...
Mexico City Feature Story
-
Mexico City launches eco-friendly and cash friendly project
Mexico City has joined a global movement that has taken many major city municipalities by storm in recent years, the eco-friendly movement of bicycle-sharing. The city joins the ranks of Montreal, Paris, Barcelona and many other major cities across Europe and the world, such as Beijing in China and Melbourne in Australia. The scheme, once rolled out in its entirety, is expected to play a part in relieving some of the burden on Mexico City’s streets.
Mexico City, the largest and richest city in Mexico, is also one of the worst for traffic jams. A recent study by IMB, the IMB Commuter Pain Study, found Mexico City and Beijing to be the two worst cities in the entire world for traffic jams, ours are among the longest and most frequent with the city getting a score of 99 out of 100 on the commuter pain index, this compared to Stockholm, which scored 15. Read more
News from around our Network
