Latest news with #MexicanGovernment
Reuters
10 hours ago
- Politics
- Reuters
Mexican president rebukes violence in Los Angeles protests
MEXICO CITY, June 9 (Reuters) - Mexican President Claudia Sheinbaum said on Monday that she did not agree with violent acts committed during the massive protests which have broken out in Los Angeles against immigration raids. The leader, speaking from her morning press conference, also called on U.S. authorities to respect the rule of law in migration processes. "It must be clear: We condemn violence wherever it comes from," Sheinbaum said. Protests spread on the streets of Los Angeles over the weekend over President Donald Trump's immigration enforcement as groups of protesters, many carrying Mexican flags and signs denouncing U.S. immigration authorities, gathered in spots around the city. At least 42 Mexicans are being held in four detention centers after recent immigration raids in Los Angeles and four were deported, Mexico's Foreign Minister Juan Ramon de la Fuente said during Monday's press conference. "We will continue our visits to monitor the Mexicans in detention centers in Los Angeles," De la Fuente said. He added that the vast majority of Mexicans detained were working when they were arrested.
Travel Weekly
07-05-2025
- Business
- Travel Weekly
Trade group negotiates lower Mexico cruise tax
Mexico's cruise tax will be $5 per passenger when it is introduced on July 1, a significant reduction from the previously announced $42, according to the Florida-Caribbean Cruise Association (FCCA). The rate will increase to $10 on Aug. 1, 2026; $15 on July 1, 2027; and $21 on Aug. 1, 2028. The FCCA said it negotiated the agreement with the Mexican government. The deal "safeguards cruise tourism in Mexico," the FCCA said. "This milestone reflects the FCCA's core mission: fostering open dialogue and building partnerships to promote sustainable growth and shared value throughout our destinations," the FCCA said. Mexico's Congress initially approved a $42 head tax in November, scheduling implementation for Jan. 1. By December, it was delaying implementation to July after receiving cruise industry backlash. In a letter to Mexico President Claudia Sheinbaum, the FCCA had claimed that cruising to Mexico would become 213% more expensive than the average Caribbean port of call if the $42 tax were implemented. Mexico has a tourism tax, but only for overnight visitors. Those entering the country by cruise ship have been exempt because passengers come and go the same day.
Yahoo
28-02-2025
- Business
- Yahoo
Pemex reports $9bn loss in Q4 due to oil production drops
Mexican state oil company Pemex reported a $9bn loss for the fourth quarter of 2024, marking a stark contrast to the profit recorded in the previous year. The loss was attributed to increased sales costs, reduced fixed asset values and currency exchange losses, highlighting the company's challenging situation. Production during the quarter continued its downward trend, with crude and condensate output reaching 1.65 million barrels per day (bpd), a nearly 10% decline from the previous year. Pemex corporate planning chief Jorge Alberto Aguilar acknowledged the operational challenges, working capital issues and falling output, emphasising the need for a recovery strategy due to "serious" budget restrictions, as reported by Reuters. Pemex's crude output has reached historic lows, partly due to its reluctance to engage in equity partnerships and the ageing of its offshore fields, especially in the southern Gulf of Mexico. Declining output from the Maloob and Zaap offshore fields, as well as the Quesqui onshore field, were noted by company executives. Despite these challenges, Pemex's revenue for the period rose to 436.6bn pesos, a 3% increase from the same quarter last year. The company's tax bill decreased to 45.7bn pesos, down from 53.9bn pesos a year earlier. Earnings before interest, taxes, depreciation and amortisation totalled 14.6bn pesos. Pemex's financial debt remained substantial, ending the year at $97.6bn. Debt owed to service providers as of December totalled $506.2bn pesos. Pemex's refineries processed 786,000bpd of crude oil in the fourth quarter, aligning with the government's priority to reduce reliance on fuel imports. The Mexican Government provided 156.5bn pesos in support in 2024, with 96% directed towards debt repayment. Additionally, the government has announced plans to transfer 136bn pesos to Pemex in 2025 to support its debt and loan repayments. This move is part of a budget proposal aimed at addressing the company's financial liabilities, which include nearly $9bn in bond payments due in 2025. "Pemex reports $9bn loss in Q4 due to oil production drops" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
29-01-2025
- Politics
- Yahoo
Mexican border towns ready shelters ahead of Trump's promised mass deportations
Leer en español While Mexican President Claudia Sheinbaum has said there has been no "significant increase" in deportations from the United States to Mexico since Donald Trump took office last week, her government is readying border towns to meet the needs of immigrants, both nationals and non-nationals, being deported from the U.S. In the first week of Trump's second term alone, Mexico received 4,094 deportees, "the vast majority of them Mexican men and women," Sheinbaum said Monday. Trump's hard stance on immigration is not something new, she said, with a long history of similar actions being taken by different administrations. According to figures from the Mexican Government's Migration Policy Unit, in 2024, during Joe Biden's last year in office, 190,491 Mexican nationals were deported from the United States to Mexico, an average of 3,663 people per week. Deportation hit a peak during his term in 2022, with an average of 4,961 Mexicans deported per week. 'This is not new for Mexico. Mexico has a very important history of repatriation in relation to the United States. Past presidents had it and President (Andrés Manuel) López Obrador had it... first with the Trump administration and then with the Biden administration,' she said. In order to meet this administration's demands, she directed the Ministry of Foreign Affairs to increase efforts at the northern border to assist deportees. On Tuesday morning, Interior Secretary Rosa Icela Rodríguez detailed the plan for the "Mexico embraces you" program, which includes opening 10 support centers in border cities. "We are ready and we are coordinated with the conviction of serving our countrymen with warmth and humanism. The care centers are already operating to provide them with a warm, orderly and safe reception," said Rodríguez. Centers will be located in the following northern cities: Tijuana and Mexicali, in Baja California Nogales and San Luis Río Colorado, in Sonora Ciudad Juárez, in Chihuahua Nueva Rosita, in Coahuila El Carmen, in Nuevo León Matamoros, Reynosa and Nuevo Laredo, in Tamaulipas When Trump took office on Jan. 20, Sheinbaum asked Mexicans living in the U.S. to stay calm and promised them her government would support them, both in the U.S. and when they should be forced to head back to their homeland. "To our countrymen and women, I say, first of all, that they are not alone, and second, that they must remain calm, we must see how the process develops in the coming weeks," she said during a press conference just before Trump took oath as president. Rodríguez announced the launch of the "Mexico embraces you" program that same morning, stating that its sole purpose was to help repatriated Mexicans navigate returning home, especially when many hadn't set foot in the country since they were children. "We have been working for months since President Donald Trump announced that the deportation of Mexicans would take place. Of course, we do not agree, but, if it is done, they will be received with access to the welfare programs of the Mexican government, access to health services for them and their families, transportation to their places of origin, access to telephone communications,' Rodríguez said. With more than 1,250 staff available to run them, free services like transportation, meals and hygiene care will be offered, as well as other services like repatriation letters and identification processes. The mayor of Nogales, Sonora, Juan Francisco Gim, said that the town bordering Arizona is ready to meet the needs of immigrants. 'We are prepared to receive deported migrants, although we do not know how many there will be. We have three spaces ready to house them temporarily,' he said, signaling to local gymnasiums, warehouses and community centers that will serve as temporary shelters. In Hermosillo, Sonora, a gymnasium located south of the city, has also been adapted as a temporary shelter to receive 1,500 people. The governor of Baja California, Marina del Pilar Ávila, said that a shelter has been opened in a shopping center just 3 miles south of the San Ysidro port of entry in California. The site can receive 2,600 people and is equipped with bunk beds and individual showers, as well as modules of the Mexican Social Security Institute (IMSS), the Ministry of Welfare and other government agencies. Cruz Pérez Cuéllar, mayor of Ciudad Juárez, Chihuahua — bordering El Paso, Texas — said that the General Directorate of Civil Protection reviewed the facilities of El Punto, where tents were being set up as a temporary shelter. The site can receive 2,500 people, who will receive meals, medical attention if necessary and support to travel to the home of their relatives anywhere in Mexico. Cuellar said that the three levels of government are ready to support those who are stranded at the border since it is unknown what non-Mexican nationals will do since the suspension of the CBP One app. 'It is something that can affect them, there are surely people who are on their way for their appointments and others who were already here — who are hoping that the program will be reactivated. On the other hand, there are always people who want to cross into the United States, that is not going to change,' he said. Diana García is La Voz's Mexico City correspondent. This article originally appeared on Arizona Republic: Nogales prepares ahead of Trump's promised mass deportations
