Roberto Velasco embodies two qualities valued by President Claudia Sheinbaum: technical expertise and generational renewal. At 38, he is the youngest to lead the department in nearly a century.
Jet fuel tends to be an airline's biggest expense. An analysis by the International Air Transport Association showed that, for the week ending March 27, the weekly average price of jet fuel has skyrocketed 116.8 per cent compared to the previous year's average.
In Mexico, and in Latin America in general, crime is no longer just drug trafficking. The old paradigm where cocaine, marijuana, and heroin fueled illicit industries, especially in rural areas, has given way to a different, much more complex reality. Any economy is fair game, from avocados and limes in Michoacan to street market stalls and transportation routes in Guerrero, to the theft of gasoline from the pipelines of the national oil company, Pemex.
Mexico's equity market does not trade in isolation from Washington. The country's economic relationship with the United States, governed by the United States-Mexico-Canada Agreement (USMCA), is the single biggest external variable for EWW over the next 12 months. When trade flows are stable, Mexican exporters, industrials, and materials companies see reliable demand. When that relationship is stressed, the fund reacts quickly.
The ability of criminal groups to exercise this type of power and exercise this type of violence is closely linked to firearms trafficking, said Cecilia Farfan-Mendez, an expert on Mexican organised crime. If we want to see less violence in Mexico, this is a very important conversation.
Oseguera Cervantes, known as El Mencho, consolidated one of Mexico's most powerful criminal organisations in part due to a unique franchise-based structure. According to the United States Drug Enforcement Agency (DEA), the CJNG maintains a presence in every state of Mexico, with varying levels of influence, and operates in more than 40 countries across the Americas, Europe, Asia and Africa, and throughout the US.
The change stems from the 2025 amendment to the Federal Tax Code, which has sparked controversy in the sector following the reform of Article 30-B. This provision stipulates that taxpayers providing digital services must grant tax authorities permanent, real-time online access only to the information necessary to verify compliance with tax obligations, as recorded in their systems or records. When asked about the reform, the Digital Transformation and Telecommunications Agency referred EL PAIS to the SAT.
The Mexican army killed the country's most powerful cartel leader and one of the United States' most wanted fugitives on Sunday, notching a major victory while cartel members responded with a wave violence across the country. The killing of Jalisco New Generation Cartel leader Nemesio Oseguera Cervantes during an attempt to capture him in Jalisco state was the highest-profile blow against cartels since the recapture of former Sinaloa cartel boss Joaquin El Chapo Guzman a decade ago.
China has been flooding Latin American markets with low-priced exports, especially autos and e-commerce goods, as its exporters adjust to U.S. President Donald Trump's tariffs and geopolitical moves. The world's second-largest economy has become a major trading partner for many Latin American nations, seeking access to their abundant natural resources and growing markets while expanding its influence in a region Trump views as America's Backyard.
Strong cattle prices, record beef demand, and renewed policy attention are giving the North American cattle sector reasons for optimism - but supply constraints and cross-border issues remain front and centre, says Colin Woodall, CEO of the National Cattlemen's Beef Association (NCBA). RealAgriculture's Shaun Haney was at CattleCon 2026 in Nashville, Tennessee, this week, to discuss the state of the cattle industry, trade relationships, and the policy challenges shaping the years ahead.
Mexico has sent another 37 alleged members of Mexican criminal organisations to the United States, the country's security minister said, amid US President Donald Trump's threat of ground attacks against drug cartels in the region. The handover of alleged drug cartel members on Tuesday is the third major transfer to the US in the past year and brings the total number of suspects transferred to 92.
It was a rough week for the Canadian economy. GM laid off 500 workers at a plant in Oshawa, Ont. New threats from the White House targeted Canada's aerospace industry. And Statistics Canada announced its preliminary estimates show gross domestic product contracted in the fourth quarter of last year. Looming over all that bad news is a question about how much and how quickly Canada can realistically expect to diversify its exports.