The Trump administration imposed new restrictions Saturday on flights from Mexico and threatened to end a longstanding partnership between Delta Air Lines and Aeromexico in response to limits the Mexican government placed on passenger and cargo flights into Mexico City several years ago. Transportation Secretary Sean Duffy said Mexico’s actions to force airlines to move…
Key Points The U.S. and EU have the largest bilateral trade and investment relationship in the world, representing almost 30% of global trade in goods and services. Last year alone, the value of EU-U.S. trade amounted to 1.68 trillion euros ($1.96 trillion). That’s the equivalent of roughly 4.6 billion euros of trade per day. U.S….
MEXICO CITY (AP) — A fierce protest in Mexico City railing against gentrification and mass tourism was fueled by government failures and active promotion to attract digital nomads, according to experts, who said tension had been mounting for years. The criticism comes after Mexican President Claudia Sheinbaum alleged that Friday’s protest was marked by xenophobia,…
Mexico City (AP) — Three Mexican financial institutions sanctioned by the Trump administration last week have felt a cascade of economic consequences following the allegations that they helped launder millions of dollars for drug cartels. It comes after the U.S. Treasury Department announced that it was blocking transactions between American banks and Mexican branches of…
(Reuters) -SpaceX said on Thursday its debris recovery efforts after last week’s Starship explosion have been hindered and it has sought cooperation from Mexico, whose president has raised the possibility of legal action against the company. A massive Starship spacecraft by SpaceX exploded into a dramatic fireball during testing in Texas last week, which Elon…