News

On November 1st, the Day of the Dead will be celebrated in various regions of Mexico. While Yucatán, Baja California Sur, and Campeche will suspend school activities, Nuevo León and Coahuila will continue classes. The festivities will include altars and cultural activities.

The political victory in June has rekindled interest in purchasing properties in Miami, especially among wealthy Mexicans, while young members of the upper class are looking for investments abroad.

The Mexican economy has seen a significant slowdown under President Andrés Manuel López Obrador's administration, with an estimated cumulative GDP growth of only 5.5% from 2019 to 2024, the lowest in decades.

David Martínez acquired a 7.8% stake in Grupo Televisa, which has led to a significant rise in the company's shares by approximately 40% from their historical low. This move positions Fintech as Televisa's third largest shareholder, potentially influencing future direction amid industry changes.

The National Electoral Institute (INE) in Mexico voted to present a constitutional controversy against articles from the electoral law affecting the structure of the judiciary. Six councilors supported the motion, expressing concerns about the new powers assigned to the electoral authority.

The National Electoral Institute (INE) is entangled in legal uncertainties regarding the judicial election preparations due to over 240 federal injunctions. INE's Council member, Arturo Castillo Loza, highlights the urgency for the Supreme Court to address the injunctions to facilitate the 2025 election organization.

The INE's General Council approved a constitutional controversy against new powers granted to the president of the council, arguing it affects the collegial decision-making process behind elections.

Luis María Aguilar Morales announced his resignation as a minister of the Supreme Court of Justice of the Nation, effective November 30. He cited the end of his term and changes in constitutional norms as reasons for his decision.

The Chamber of Deputies of Mexico approved the reform that limits the amparo lawsuit against changes to the Constitution. The measure aims to strengthen the unchallengeability of reforms but faces resistance from the opposition.

Patricia Bunbury, a journalist from Colima, was shot dead in her food business. The local authorities have opened an investigation into the homicide.

The Attorney General's Office is still awaiting crucial information from the U.S. regarding the aircraft involved in the capture of Ismael Zambada and Joaquín Guzmán López. Despite multiple requests over ten weeks, no data has been provided on the aircraft or the unidentified pilot. The U.S. Embassy held a press conference but did not address these specific inquiries. The Attorney General's Office asserts strong evidence for prosecuting Ismael Z for aggravated kidnapping and treason, impacting national sovereignty.

Ministers Yasmín Esquivel and Loretta Ortiz presented a list of candidates for the Evaluation Committee of the Judiciary following the resignation of several ministers. Political influence and strategies for reelection are key in this process.