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Mexico & Nafta - August 2019

Introduction
This edition of the Regional Report: Mexico & Nafta contains analysis of the public security and economic situation in Mexico at the start of the second half of the year.... Read More
Security
Mexico’s intractable crime problem has shown little sign of improvement in recent years, and President Andrés Manuel López Obrador has inaugurated a new federal security force to try to turn the tide.... Read More
In Mexico City (CDMX), the lucrative crime of extortion has increased in the first five months of 2019, with February being the worst month.... Read More
Economy
The resignation of the market-friendly finance minister Carlos Urzúa in early July and his parting shot – a resignation letter that formed a damning indictment of President Andrés Manuel López Obrador’s administration – has rocked markets.... Read More
Following the release of the minutes from the last central bank monetary policy committee meeting in late June, there has been rising speculation that the Mexican economy may be on the verge of tipping into recession.... Read More
The imposition of fresh tariffs on Mexican steel exports to the US comes at a difficult time for the Mexican government, when it could really have done with some good news on the economy.... Read More
In addition to the steel duties discussed in the previous article, separate developments related to a long-running pipeline construction project threaten to impact the ratification of the US-Mexico-Canada Agreement (USMCA).... Read More
Security Strategy
Joaquín ‘El Chapo’ Guzmán Loera, Mexico’s most powerful drug trafficking organisation (DTO) leader for two decades, was sentenced to life plus 30 years by a US federal court on 17 July and sent to the ‘supermax’ ADX Florence prison in Colorado.... Read More
Security & Economy
Mexico’s state-owned oil and gas company Pemex presents a major economic problem for the government of President Andrés Manuel López Obrador.... Read More
Highlights
New port facilities: On 1 July commercial operations began at the new maritime port facilities in Mexico’s Veracruz state, with the ‘White Shark’, a ship owned by a French shipping company, officially unloading its cargo.... Read More

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