Enrique Alfaro faced allegations over disappearance crisis in Jalisco

Mexico's Economy Minister announced a record in foreign direct investment, but analysts are skeptical, pointing to the use of preliminary data that may overstate economic performance. They note that final figures from the Bank of Mexico are often significantly more modest.

Michoacán's Attorney General's Office has not yet confirmed the causes, number of detained agents, or potential involvement of others. Investigation ongoing.

Mexico's economy shrank 0.3% in Q3, driven by a collapse in industry. The Bank of Mexico has downgraded its growth forecast, adding downward pressure on inflation and government targets.