Mexico
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US sanctions three Mexican banks over alleged fentanyl money laundering
The United States has imposed sanctions on three Mexican financial institutions, accusing them of laundering millions of dollars for drug cartels and facilitating payments for fentanyl precursor chemicals from China
Russia’s Tinkov and Calvey bet on Mexican fintech as Plata targets $10bn IPO
Two of the most prominent figures in post-Soviet finance, Oleg Tinkov and Michael Calvey, have reunited as investors in Plata, a rapidly growing Mexican fintech aiming to replicate the success of Tinkoff Bank, Russia’s first online-only fintech.
Russia courts Mexico with LNG offer as energy ties with US face strain
Russia is pushing to boost energy ties with Mexico, offering LNG and tech support as the country faces ageing infrastructure, low output, and heavy reliance on US gas.
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Hurricane Erick makes landfall in Mexico's Oaxaca state as category 3 storm
Hurricane Erick struck Mexico's Pacific coast early on June 19 morning, making landfall in the western state of Oaxaca as a Category 3 storm with maximum sustained winds of 205 km/h (125 mph).
Hurricane Erick bears down on Mexico's Pacific coast
Hurricane Erick has rapidly intensified as it approaches Mexico's southwestern Pacific coastline, with meteorologists warning it could develop into a major hurricane before making landfall on June 19.
Spanish-led right-wing alliance plots Latin American electoral sweep
A coalition of conservative and far-right parties from Spain and Latin America has declared its intention to secure victory in seven general elections across the region scheduled for this year and 2026.
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Latin America splits over Iran-Israel conflict
The escalating Iran-Israel conflict has exposed deep fractures across Latin America, with governments from Buenos Aires to Caracas staking out opposing positions that lay bare deep-rooted political divisions.
CITIES IN PERIL: Mexico's Acapulco still rebuilding as climate disasters mount
The people of Acapulco are rebuilding not only infrastructure but also their lives, in the grim knowledge that hurricanes may become increasingly likely as ocean temperatures continue to rise.
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Mexico’s Sheinbaum braces for first face-to-face with Trump at G7
Mexico’s President, Claudia Sheinbaum, will attend the G7 Summit in Kananaskis, Alberta, on 15–17 June 2025, in what will be her first high-level diplomatic engagement since taking office last year.
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Mexico’s ruling party allies win full control of top court in judicial election
Mexico’s governing party, Morena, has secured a near-complete sweep of the newly elected Supreme Court, a landmark result from the country’s first-ever judicial elections.
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Mexico’s judicial elections falter amid low turnout and chaos
Mexico has held its first-ever judicial elections, a process hailed by the federal government as a landmark step towards democratic improvement. Yet the reality on the ground painted a far more fragmented and contentious picture.
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Latin America faces investment drought as fiscal space shrinks, ECLAC says
ECLAC report highlights the region's struggle with low public investment amid mounting debt pressures.
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Thousands of species threatened by climate crisis, says novel study
A new study highlights the growing threat climate change poses to animal life, identifying over 3,500 species as at risk.
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Mexico prepares for unprecedented judicial elections amid international scrutiny
Mexico will hold its first-ever popular elections for federal judges on June 1, as the Organization of American States readies to deploy observers for the historic vote that legal experts warn threatens judicial independence.
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Mexico skirts recession in first quarter despite Trump uncertainty
Mexico avoided falling into technical recession during the first quarter of 2025, when the country experienced uncertainty from Donald Trump's early days in the White House.
US Secretary Rubio plans Mexico trip to finalise cooperation agreements
US Secretary of State Marco Rubio will travel to Mexico in the coming weeks alongside other cabinet members to solidify cooperation agreements, praising the country's responsiveness on US security concerns.
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Mexico's oil champion Pemex grows isolated amid mounting ecological damage
Pemex, Mexico’s state-owned oil company, is facing growing criticism for its significant role in hydrocarbon-related environmental damage and its apparent lack of sufficient response strategies.
COMMENT: China and Latin America forge ‘shared future’ as US wields coercive diplomacy
China hosted Latin American leaders at the China-CELAC Forum, pledging $9.2bn and deeper ties. As US influence fades, Beijing’s “shared future” vision gains ground, fueling a shift in global alliances and challenging Washington’s dominance.
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Latin American EV market accelerates threefold in 2024
The number of light electric vehicles in Latin America and the Caribbean saw a dramatic surge last year, tripling in size from 154,966 registered units at the end of 2023 to 444,071 vehicles by December 2024, according to data from Olade.
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Trump administration proposes 5% tax on migrant remittances amid Latin American outcry
The Trump administration has introduced a controversial legislative proposal to impose a 5% tax on remittances sent abroad by non-citizens living in the United States.