Mexico City’s Gentrification Hits Breaking Point
Mexico City is grappling with a housing crisis, pushing an estimated 800,000 families to its outskirts and resulting in daily commutes of four hours on strained public transport. Protests, sparked by this crisis, have been framed by some as a Gaza demonstration, despite the underlying issues of stalled building permits, cement monopolies, and lax Airbnb regulations – ultimately blamed on foreign nomads.
Mexico’s Boldest Anti-Extortion Plan
President Sheinbaum has rolled out what may be Mexico’s most aggressive anti-extortion policy to date. This initiative features specialized police units and a legal overhaul permitting investigations without formal complaints. Driven by shrinking profits from drug and human trafficking due to increased pressure from authorities and a decline in undocumented migration, the policy targets extortion rings.
Pemex Seeks to Refinance Massive Debt
Mexico’s national oil company, Pemex, is currently negotiating a credit line with the World Bank and Deutsche Bank to refinance its substantial $120 billion debt – the largest of any oil company globally. While some view this push as Sheinbaum supporting public energy in line with her predecessor, it’s largely considered a pragmatic move to avoid a potential debt crisis.
U.S. Closes Border to Mexican Cattle – Again
The U.S. border has been temporarily closed following an outbreak of screwworm flies, a parasite that infects wounds. Despite eradication efforts in 2003, a U.S.-Mexico program to release sterile male flies has revived the threat in previously safe areas due to climate change. The outbreak has already cost Mexico’s livestock industry an estimated $38 million.
Racist Meltdown Goes Viral
A model driving a Mercedes-Benz was captured on video hurling racist insults at a police officer ticketing her. The incident sparked widespread outrage, exposing deeply rooted racial and class divides within Mexico, where lighter-skinned elites often enjoy social privilege while working-class Mexicans face routine discrimination.
Fuente: https://www.mexicodecoded.com/p/viral-racism-extortion-crackdown