By Kylie Madry MEXICO CITY (Reuters) – Mexico’s two-year-old air safety rating downgrade by U.S. authorities has caused a more-than-billion-dollar hit to national airlines, an industry head said in an interview Wednesday. “It was a huge loss,” said Diana Olivares, head of Mexico’s air transportation chamber and LATAM Airlines’ country manager. Mexico was downgraded to…
By Daina Beth Solomon and Laura Gottesdiener NUEVO LAREDO, Mexico (Reuters) – The U.S. government is restarting asylum appointments at a dangerous Mexican border town, according to Customs and Borders Protection (CBP), just days after U.S. officials suspended the scheduling of appointments there because drug cartels were extorting migrants. The reversal comes after more than…
MEXICO CITY (Reuters) -Former Mexico City Mayor Claudia Sheinbaum leads the contest to be a candidate for Mexico’s ruling party in the 2024 presidential election, a survey published on Wednesday showed, while another poll put her in a virtual dead heat but advancing. A survey by polling firm Buendia & Marquez for newspaper El Universal…
(Reuters) – Shares of AI-focused companies will be a major driver of returns for developed markets in a tough economic environment, BlackRock Investment Institute said, citing an unusually concentrated rally in a handful of technology stocks. It said the extent of the concentration of gains on the S&P 500 surpassed levels seen in the 2000s…
HAVANA (Reuters) – The defense ministers of Cuba and Russia discussed the development of joint “technical military” projects this week at a meeting in Moscow, according to media reports and Russia’s defense ministry, just days after mercenaries marched towards the Russian capital. The longtime political allies – both subject to U.S. sanctions – have sharply…
By Enrique Garcia GUATEMALA CITY (Reuters) -An anti-corruption presidential candidate in Guatemala, whose surprise showing in a first-round election on Sunday means he will contest a runoff vote in August, said on Tuesday he would pursue closer relations with China if he wins. “We need to work on our trade relations and expand them in…
By Ricardo Brito BRASILIA (Reuters) -Former Brazilian President Jair Bolsonaro was staring into the political abyss on Tuesday when a federal electoral court (TSE) justice voted to bar him from office until 2030 for anti-democratic abuse of power during last year’s fraught election. The vote by Benedito Goncalves, the lead justice in the case against…
PANAMA CITY (Reuters) – The Panama Maritime Authority (AMP) said on Tuesday it would continue to clean up its fleet to prevent substandard Panama-flagged ships from being detained in foreign ports, a week after the country was added to an international watch list. Panama’s ships registry was last week added to the “grey list” of…
By Kylie Madry MEXICO CITY (Reuters) – Mexico is likely to hand over control of the capital’s main airport – the busiest in the country – to its navy, according to a draft decree published on Tuesday, in what would be the latest step increasing the military’s role in the sector. President Andres Manuel Lopez…
By Patricia VilasBoas SAO PAULO (Reuters) – The top executive of Google Brazil said on Tuesday the company encourages greater dialogue around regulating digital platforms in the country, in order to change a bill that might turn out to be “perverse” for everyone. Nearly two months ago, country’s top court ordered an investigation into executives…
