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Mexico - March 2026
Introduction
This March edition of the Latin American Report: Mexico begins by looking at the difficult dichotomy that President Claudia Sheinbaum is trying to maintain in offering support to Cuba while also keeping on the good side of Washington.... Read More
Diplomacy
For decades, successive Mexican presidents have worked to maintain the country’s historic ties with Cuba while also keeping on the good side of Washington.... Read More
Security
Mexico’s state of Sinaloa has been undergoing a sustained wave of violence since September 2024, driven by an internal conflict between rival factions of the Cártel de Sinaloa.... Read More
Environment
On 2 February Mexico’s national water commission (Conagua) announced the lowest levels of drought recorded in the country for six years.... Read More
Economy & Security
The killing of Nemesio ‘El Mencho’ Rubén Oseguera Cervantes, the leader of the Cártel Jalisco Nueva Generación (CJNG), during a security operation in February set off a wave of retaliatory cartel attacks that caused much short-term economic damage.... Read More
Economy
The Mexican economy grew by just 0.6% in 2025, representing the country’s fourth consecutive year of weaker growth and its longest slowdown since the 1980s, despite ending the year on a high note with a burst of fourth-quarter activity.... Read More
Economy & Finance
Concerns about higher inflation prompted the governing board of Mexico’s central bank, Banco de México (Banxico), to slam the brakes on a cycle of consecutive interest rate cuts that started one-and-a-half years ago, deciding unanimously to keep its benchmark rate unchanged at 7% at its meeting on 5 February.... Read More
Finance
As US multinational bank and financial services corporation Citigroup Inc moves ahead with the sale of its Banamex unit, on 23 February it announced it had agreed to sell an additional 24% stake of the Mexican retail bank worth around US$2.5bn to several new investors.... Read More
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