The Mexican central bank’s surprise interest rate cut on Thursday is likely to have a limited impact at best on lifting growth this year after the sluggish economy narrowly avoided recession in the first half of 2019, analysts say.
The merciless dogfight between Mexican drug cartels produced its latest macabre spectacle with the discovery of 19 mutilated corpses — nine of them hung semi-naked from a bridge — in a city to the west of the capital.
The Cameroonian men who share 10 mattresses on the floor of a third-floor apartment above a barber shop walk every morning to the busiest US border crossing with Mexico, hoping against all odds that it will be their lucky day to claim asylum in the United States. Their unlikely bet is that a sympathetic Mexican official will somehow find a spot for them.
Mexico’s government said on Saturday it would help Honduras create 20,000 jobs this year and support its coffee farmers as the two countries seek to curb migration to the United States that has created tensions with US President Donald Trump.Mexican President Andres Manuel Lopez Obrador and his Honduran counterpart, Juan Orlando Hernandez, pledged to work together to lift prosperity in Central America, where poverty and violence have fueled an exodus of people north.
Mexico’s environmental prosecutor Profepa said it ordered the partial and temporary closure of mining and transport firm Grupo Mexico’s Guaymas facility after it spilled sulfuric acid in the Gulf of California.
A small group of asylum seekers sit under a canopy on the side of a road leading into the United States, chatting to pass the time as a blazing desert sun pushes the heat into triple digits and fumes roll in from dozens of cars lined up to cross the US-Mexico border.
The administration of US President Donald Trump is more than doubling the number of asylum seekers it returns to Mexico as it rapidly expands a policy to make Central American migrants wait for claims south of the US-Mexico border.
US President Donald Trump has flaunted a document confirming details of an immigration deal agreed with Mexico to avoid threatened US tariffs, saying the plan was “secret” even though Mexican officials had revealed much of the asylum agreement.
Democratic lawmakers in the US Congress have blasted President Donald Trump's tactics of threatening tariffs to gain concessions on immigration from Mexico, saying the Republican president was recklessly endangering Washington’s ties to a major trading partner and ally.
President Donald Trump continued Monday to talk up the trade agreement his administration struck with Mexico after a weekend of news reports poking holes in his claims that Mexico had agreed to significant new concessions to avert tariffs.
A dovish Federal Reserve can use tools such as rate cuts to lessen the damage of America’s tariff skirmishes with China and Mexico, but it is either limited in its effectiveness or in its motivations, two economists told CNBC on Thursday.
US President Donald Trump says he would likely impose new tariffs on imports from Mexico to pressure the country to crack down on the rising numbers of migrants entering the US, as lawmakers from his own Republican Party expressed deep opposition to such a move.