Mexico City, September 9, 2025 – Mexico Decoded today released a detailed analysis of several key developments impacting the nation, including a significant Navy scandal, U.S. diplomatic pressure, evolving public sentiment regarding Palestine, and a surprising surge in the country’s stock market.
The report began with a disturbing revelation: a high-ranking Navy scandal involving a fuel smuggling operation. The Department of Public Safety apprehended fourteen individuals, including six Navy officers and three businessmen, linked to the diversion of ten million liters of diesel. Notably, Vice Admiral Farías Laguna, nephew of former Navy Secretary Rafael Ojeda, was among those detained. “The capture of a high-ranking admiral with family ties to a past Navy chief challenges the belief in military integrity,” noted Mexico Decoded. President Sheinbaum is reportedly signaling that even top figures are not beyond accountability.
Simultaneously, U.S. Deputy Secretary of State Christopher Landau has adopted the moniker “El Quitavisas” (“the Visa Remover”), publicly boasting on X about canceling tourist visas of artists or citizens criticizing Washington or mocking U.S. officials. This strategy, utilizing social media to punish dissent, raises concerns regarding free expression and the potential abuse of U.S. influence.
Adding a layer of complexity, a free concert in Mexico City’s main plaza witnessed fervent support for Palestine. Fans of Puerto Rican artist Residente erupted in chants against the genocide in Gaza, bringing a Palestinian refugee family onstage for a performance featuring a hoodie emblazoned with “Free Palestine.” Despite Mexico’s official recognition of the State of Palestine and its backing for its UN membership, President Sheinbaum has remained silent on the issue, reportedly to maintain favorable relations with the United States.
Further scrutiny revealed a critical reform addressing a previously exploited loophole. Mexico has closed a provision that allowed banks to reduce their tax bills by deducting payments related to the 1994-95 financial bailout, which constituted 14% of GDP. This reform removes a double benefit afforded to powerful financial groups.
Finally, Mexico’s stock market experienced a record-breaking surge, surpassing 60,000 points for the first time. The index rose approximately 22% this year, reflecting growing investor confidence in President Sheinbaum’s “Plan México,” a strategy focused on modernizing infrastructure, expanding clean energy, and attracting manufacturers leaving Asia – positioning Mexico as a key player in global supply chains.
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Fuente: https://www.mexicodecoded.com/p/bankers-loopholes-palestine-chants