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Mexico
Government, Business, Technology, Equipment

US, Mexico to Cooperate on Semiconductors, Electric Vehicles

Blinken

MEXICO CITY — Mexico and the United States plan to take advantage of the Biden administration’s massive investment in semiconductor production to push the integration of their supply chains and cooperate on expanding the production of electric vehicles through Mexico’s nationalized lithium industry, officials from both countries said Sept. 12.

María Verza and Christopher Sherman | Associated Press
September 13, 2022
Business, Fuel

Mexico to Stop Exporting Oil in 2023 in Self-Sufficiency Quest

Mexico plans to end crude oil exports in 2023 as part of a strategy by the nationalist government of Andres Manuel Lopez Obrador to reach self-sufficiency in the domestic fuels market.

Amy Stillman | Bloomberg News
December 28, 2021
Government, Business, Breaking News

US-Mexico Border to Close; Trade Will Keep Moving

Following similar action along the Canadian border, the White House has closed the United States’ border with Mexico to nonessential traffic, but is exempting trade and commerce from the ban.

Dan Ronan | Senior Reporter
March 20, 2020
Government, Business

GSA Completes Major Border Facility Project

The General Services Administration recently completed a 10-year construction project at the San Ysidro Land Port of Entry, a bustling border crossing facility that links San Diego County and Tijuana, Mexico.

Eleanor Lamb | Staff Reporter
December 20, 2019
Government, Business

Democrats See USMCA Deal Near, Urge Mexico to Accept Compromise

House Democrats said Dec. 4 that a deal on the stalled U.S.-Mexico-Canada free-trade agreement is within reach and urged Mexico to accept a compromise on labor-rights enforcement.

Erik Wasson and Eric Martin | Bloomberg News
December 4, 2019
Government, Business

Mexico Unveils $44 Billion Infrastructure Plan to Boost GDP

Mexico President Andres Manuel Lopez Obrador announced an infrastructure plan worth 859 billion pesos ($44 billion) that includes highways, railways, ports and airports as well as investments in telecommunications, with most of the capital coming from the private sector.

Bloomberg News
November 26, 2019
Government, Business, Technology, Fuel

Hacker Seeks About $5 Million Ransom From Pemex by Nov. 30

The hacker behind a cyberattack that has crippled Petroleos Mexicanos’ computer systems since the weekend is hoping to squeeze about $5 million out of the company and appears to have set a deadline of Nov. 30.

Bloomberg News
November 13, 2019
Government, Business, Fuel

Pemex Reduces Fuel Imports After Theft Crackdown

Petroleos Mexicanos imported less gasoline and diesel in the second quarter as its refineries produced more fuel and the government cracked down on fuel theft.

Amy Stillman | Bloomberg News
October 23, 2019
Government, Business, Fuel, Logistics

US Exporters Rely on Trucks to Meet Mexico’s Fuel Demand

U.S. exporters are increasingly relying on trucks to get fuel into Mexico as the country’s gasoline production sags and infrastructure constraints limit shipments from one coast to the other.

Amy Stillman and Jeffrey Bair | Bloomberg News
September 17, 2019
Government, Business

Mexico’s Senate Ratifies USMCA Amid Trump Tariff Cease-Fire

Mexico’s Senate ratified a North American trade deal with the U.S. and Canada, becoming the first to do so amid a truce reached with President Donald Trump over an unrelated tariff threat.

Nacha Cattan | Bloomberg News
June 19, 2019

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