Mexico will be the 8th world economic power in 2050

By Olivier Acuña MEXICO CITY (Mexico Tribune).- Financial experts have predicted that Mexico will move up the ranks to become the eighth world’s economic power by the year 2050, when the Gross National Product (GDP) will have increased from $1.18 billion to $7 billion.. The main economic drive of growth in Mexico will be that…

UN says impunity and human rights violations in Mexico are alarming

MEXICO CITY (Mexico Tribune).- United Nations Special Envoy Cristof Heyns told Mexican legislators that there is still an alarming rate of human rights violations and impunity in Mexico. Mr Heyns congratulated the government for implementing reforms to protect human rights of those most vulnerable, but he reiterated that despite new laws there are profound deficiencies…

Three men arrested in Coyoacan with 5 million dollars

MEXICO CITY (Mexico Tribune).- Federal Police Agents arrested three persons in a neighbourhood near Coyoacan in three vehicles that were transporting 4.7 million dollars, 1.1 million pesos in cash and 10 kilograms of a white powder believed to be cocaine. The arrest took place in the southern part of Mexico City in the housing sector…

The negative effects of NAFTA after 20 years

MEXICO CITY (Mexico Tribune).- Twenty years have passed since the North American Free Trade Agreement (NAFTA) was signed and put into effect and all that can be said about it today is that only the rich got richer and the transnationals expanded, while in Mexico the poor got much poorer and the in the United…

Mexico’s economy will grow 3.9% this year: Finance Ministry

MEXICO CITY (Mexico Tribune).- Mexican Finance Ministry (SHCP, by its Spanish acronym) said today it maintains the country’s economic growth will be 3.9 percent this year, while the positive impact of the energy reform will be in 2015. Finance Minister Luis Videgaray said there are already indicators that show improvement in planned spending, construction and…

Mexico ties Nigeria 0-0; will play the U.S. April 2

MEXICO CITY (Mexico Tribune).- The Brazil World Cup is about 100 days away and Mexico still seems not to be able to get it together under the direction of Miguel “El Pijo” Herrera or so it seems after a very weak performance last night when then tied Nigeria 0-0. Yes it’s the first time the…

After Chapo Guzman´s arrest, various northern states went on alert

MEXICO CITY (Mexico Tribune).- At least four northern Mexican states have heightened security and are on alert since Joaquin “Chapo” Guzman’s arrest February 22 because they fear violent cartel Los Zetas will make a comeback. Authorities from Tamaulipas, Coahuila, Nuevo Leon and Zacatecas feel that with Chapo out of the way the Los Zetas will…