Page 3 - Jude Webber News Today : Breaking News, Live Updates & Top Stories | Vimarsana

is the system.” “It is widely known,” Mexican journalist Ricardo Ravelo wrote in June 2018, “how the General Administration of Customs … operates a network of officials linked to large-scale smuggling in the country’s 49 customs offices.” Under previous central administrators Aristotle Núñez Sánchez and Osvaldo Santin Quiroz, Mexico’s Tax Administration Service (SAT) became known for “…unleashing smuggling throughout the country.” Smuggling, said Ravelo, is a business that operates in Mexico without a containment dam, under the protection of senior o...

“Corruption is not a disagreeable characteristic of the Mexican political system,” Gabriel Zaid observed in La economia presidencial. “It is the system.” “It is widely known,” Mexican journalist Ricardo Ravelo wrote in June 2018, “how the General Administration of Customs … operates a network of officials linked to large-scale smuggling in the country’s 49 customs offices.” Under previous central administrators Aristotle Núñez Sánchez and Osvaldo Santin Quiroz, Mexico’s Tax Administration Service (SAT) became known for “…unleashing smuggling throughout the coun...

© Getty Images Is Mexico a bargain or a basket case? Latin America’s second-biggest economy shrank by 8.5% last year and has suffered one of the world’s worst Covid-19 death tolls. Yet now it stands to gain from two key trends, Mathieu Savary of BCA Research told Barron’s. Firstly, Joe Biden’s stimulus-fuelled boom is excellent news for the country’s manufacturing and tourism sectors: more than three-quarters of Mexican exports go to its northern neighbour. Secondly, a renewed focus on simplifying and “reshoring” global supply chains away from China could mean that corporate...

For Joe Biden, contentious issues lie ahead in Mexico-US relationship     U.S. experts monitoring Mexico’s compliance with the tough labor provisions of the USMCA free trade treaty issued a stark warning before Christmas: “No more business as usual.” Although they were referring to Mexico’s slow progress in implementing commitments under the NAFTA replacement, the phrase could just as well describe bilateral relations as Joe Biden enters the White House. Strained security co-operation will loom high on the agenda between the neighboring countries, overshadowing their US $600-billion...