Former President’s stepsons being investigated for money laundering

MEXICO CITY (Mexico Tribune).- The Office of the Attorney General of Mexico – PGR by its Spanish acronym – is investigating a company co-owned by the two sons of Martha Sahagun Baca, wife of former President Vicente Fox. Oceanografia is also being in investigated in the United States for money laundering, said the head of…

Mexico is No. 1 in cocaine and heroin smuggling into the U.S.

Number one producer of methamphetamines Almost half of the heroin in the U.S. is produced in Mexico It is also responsible for more Ecstasy than previously believed Exporter of a new powerful hallucinogenic herb called Salvia divinorum MEXICO CITY (Mexico Tribune).- Mexico continues to be the main route of drugs into the United States, despite…

Mexicans think Chapo Guzman is more powerful than the government

MEXICO CITY (Mexico Tribune).- It is alarming, but no surprising, the two facts that have been published in different news reports this last few days as Joaquin “Chapo” Guzman is indicted on six counts of criminal activity, organized crime, money laundering, drug trafficking and other crimes. The first is the fact that according to a…

Self-defenses are being formed in Mexico City; officials deny it

MEXICO CITY (Mexico Tribune).- Mexico City´s government has categorically denied the existence of any kind of self-defenses in the capital, similar to those in Michoacán and Guerrero, but various local news reports prove otherwise. The fact is that people living in Los Reyes Coyoacan – a few minutes away from Coyoacan – have assured that…

Expert says Mexico will not grow the expected 3.9% in 2014

MEXICO CITY (Mexico Tribune).- Mexico’s growth expectations of 3.9 percent in 2014 will not be achievable because it will not receive the expected boost from the United States, said an economic expert. Monex Director of Economic Analysis Eduardo Avila said the President of the U.S. Federal Reserve Janet Yellen has hinted that interest rates in…

OECD criticizes Mexican education and foreign investment restrictions

MEXICO CITY (Mexico Tribune).- Mexico´s economy faces to major obstacles which are the very low standards in education and the very high level of restrictions that pose an obstacle to foreign investment, said the Organization for Economic Co-operation and Development  (OECD). The international organism explained that despite economic reforms made in the last year, Mexico…

Mexico urgently needs to invest in education and health

IMF is optimistic about world economic recovery MEXICO CITY (Mexico Tribune).- The Mexican government has set forward reforms that will have no effect unless it invests in education, the health system and infrastructure in order to reduce inequality and poverty, said the President of consulting firm RGE Monitor Nouriel Roubini. The growth in Mexico during…

Mexican government clamps down against freedom of expression

Article 19 says during Enrique Pena Nieto’s presidency attacks against the press have increased Website administrators accuse the government of closing them down MEXICO CITY (Mexico Tribune).- Since Enrique Pena Nieto took power in December 2012, there has been an increase of attacks against journalist and human rights activists in Mexico, according to international organization…