Three Mexican border governors called on the president of Mexico to halt border crossings from Texas as cases of the novel coronavirus (COVID-19) continue to rise. The call to action comes as Mexico prepares for the Holy Week vacation period that tends to drive up the number of visitors to the northern states. The governors…
Despite President Trump’s announcement that the U.S.-Mexico Border will close Saturday to all non-essential crossings to help stem the spread of the coronavirus like recently seen with Canada, major cartel smuggling operations risk few disruptions. Some recent adjustments have made these organizations practically immune to the broader impacts of the pandemic. Cargo and trade will continue—and…
Mexican health officials reported a spike of 46 new cases of novel Coronavirus (Covid-19) in one day, bringing the total to 164. Officials also revealed a possible second death, one day after a 41-year-old patient passed in Mexico City. During a streamed news conference, Mexico’s Health Secretariat revealed the new figures of 164 confirmed cases…
President Donald Trump told Bill O’Reilly he will designate some Mexican cartels as Foreign Terrorist Organizations (FTO). His comments came during an interview released on Tuesday. “The Mexican drug cartels kill more than 100,000 Americans every year by the importation of dangerous narcotics,” O’Reilly said to President Trump during an interview aired on O’Reilly.com. “Are…
AP Photo/Augusto Zurita The government of Mexico deployed 230 Mexican Army Special Forces personnel who arrived in Culiacán, Sinaloa, on Friday night in response to cartel violence that broke out throughout the city on Thursday afternoon. The deployment of additional security elements resulted from a cartel rampage that exploded in Culiacán after the capture of…
Banks in Latin America have long dominated the market as oligopolies, becoming highly profitable but not serving well the population. In the region, Brazil was the first market to have the banks’ oligopoly challenged by neobanks, with Nubank proving that it was possible to break them up. Providing a superior product and exceptional customer support,…
Flat has raised one of Mexico’s largest pre-seed rounds to take the Opendoor real estate marketplace model across the Rio Grande. The company snagged a $4.5 million pre-seed round to expand its business helping homeowners quickly sell their properties in Mexico. The round was led by ALLVP, an active early-stage fund in Mexico. California-based Liquid 2…
The total number of federal arrests of Mexican nationals living in the United States now exceeds the total number of federal arrests of American citizens, federal data reveals. A new report by the Department of Justice (DOJ) finds that in 2018, the number of Mexican nationals arrested for federal crimes exceeded the number of American…
