Alex Vasquez

1 week ago | bloomberg.com | Alex Vasquez |Maya Averbuch

Welcome to Balance of Power, bringing you the latest in global politics. If you haven’t yet, sign up here. Mexicans head to the polls this weekend to elect the country’s federal judges for the first time, the culmination of a controversial judicial overhaul pushed by former President Andrés Manuel López Obrador.

Jan 9, 2025 | financialpost.com | Maya Averbuch |Alex Vasquez

Members of the Banco de Mexico board said that the 25% tariffs that Trump pledged in November to impose on Mexico and Canada have created additional uncertainty for the economy, according to the minutes of the Dec. 19 monetary policy decision published Thursday. Despite the board’s willingness to forge ahead with cuts, tariffs and other factors led to notes of caution.

Dec 9, 2024 | financialpost.com | Alex Vasquez |Maria Eloisa Capurro

Mexico’s headline inflation slowed slightly more than expected in November, boosting the odds of a fourth straight interest rate cut at the central bank’s meeting next week. (Bloomberg) — Mexico’s headline inflation slowed slightly more than expected in November, boosting the odds of a fourth straight interest rate cut at the central bank’s meeting next week. We apologize, but this video has failed to load.

Dec 8, 2024 | bnnbloomberg.ca | Alex Vasquez

(Bloomberg) -- A passenger on a domestic flight in Mexico attempted to divert the plane to the US by force on Sunday, according to Volaris, one of the country’s main airlines. The crew was able to detain the passenger while the flight, which was originally going to the city of Tijuana, on the border with San Diego, was diverted to Guadalajara in central Mexico, Volaris said in a statement. The passenger was handed over to authorities in Guadalajara and no injuries were reported.

Dec 5, 2024 | businessmirror.com.ph | Alex Vasquez

Mexican lawmakers are set to discuss a proposal that gives a minimum wage and other benefits to drivers and couriers working for companies such as Uber Technologies Inc., Didi Global Inc and Rappi Inc. President Claudia Sheinbaum submitted to Congress late Tuesday a proposal to reform Mexico’s labor law to ensure that workers earn a salary in line with the minimum wage “regardless of the demand for the services,” according to a summary of the bill compiled by Congress and seen by Bloomberg News.