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Transcripts for BBCNEWS BBC News 20240604 08:25:00

she s broken the metaphorical glass ceiling for generations of women and girls in mexico to come. but for her, this is a watershed moment. and for mexico, too. i think they ll look at her record in mexico city and be buoyed by that in washington. but, of course, there are very, very thorny issues between the two nations, the most obvious one being immigration and undocumented immigration through mexico on its way to the us. we don t know, of course, what the political landscape in the united states is going to look like with the election looming there too. so, a moment of flux. and we ll have to see how she gets on with whoever it is who takes over in the white house or if there s continuity with the biden administration. but let sjust take a moment to just underline how important this is. yes, other nations in latin america have had women presidents brazil, argentina, chile. but mexico now has its

Transcripts for BBCNEWS BBC News 20240604 08:24:00

claudia sheinbaum has been elected as mexico s first ever female president. the former mayor of mexico city had the support of the outgoing president. the election campaign was marked by unprecedented levels of violence, often carried out by organised crime gangs. ms scheinbaum has promised to reduced the violence, and improve the lives of women in a country with one of world s highest rates of femicide. 0ur mexico correspondent will grant has more on the significance of that result, as well as how the new president will work with the us administration. we are at the point where the country s electoral authorities have announced that claudia sheinbaum, the former mayor of mexico city is mexico s first woman president. a piece of history, an extraordinary piece of history in a country which has been so dominated by men, by machismo in the political sphere for decades, centuries, infact. here she is, broken through.

Transcripts for BBCNEWS BBC News 20240604 16:15:00

politics we are looking at today and the former president says he is willing to negotiate with the anc as long as it removes cyril ramaphosa as its head but we have heard from the powerful secretary general of the powerful secretary general of the anc saying that is not a fought negotiation with any of the opposition parties. catherine byaruhanga opposition parties. catherine byaruhanga live opposition parties. catherine byaruhanga live in opposition parties. catherine - byaruhanga live in johannesburg, thank byaruhanga live injohannesburg, thank you for the moment and we are expecting the result in the next half an hour or so and we will go back tojohannesburg when we get that official announcement from the electoral officials there. voting is taking place in mexico in an election which is almost certain to result in the country s first female president. the frontrunner, claudia sheinbaum, and her main rival, xochitl galvez, are well ahead of the only male candidate in opinion p

Transcripts for BBCNEWS World Business Report 20240604 04:47:00

0ur mexico correspondent, will grant, reports from the northern city of monterrey. Scores of chinese companies render relocating to mexico to reproduction closer to the us market. As well as saving on shipping, the final product is considered 100 mexican, meaning they avoid tariffs and sanctions imposed on china and in a worsening Trade War with the us. This General Manager says the move to mexico makes economic and logistical sense. They already employ 400 people and have ambitious plans to expand. And have ambitious plans to exand. , ~ and have ambitious plans to exand. , ~ ~ expand. Translation we hope ou are expand. Translation we hope you are triple expand. Translation we hope you are triple and expand. Translation we hope you are triple and quadruple you are triple and quadruple production. The intention here in mexico is to bring our Production Levels up to that of our Factories Production levels up to that of ourfactories in Production Levels up to that of our factories in v

Transcripts for BBCNEWS World Business Report 20240604 10:34:00

On cheaper Labour Costs or favourable tax regimes. But what happens when that shifts back the other way . Its called near shoring and its Given Mexico a major boost as the Trade War between china and the us hots up. Scores of chinese companies have been taking advantage of conditions in Northern Mexico to get around us sanctions on chinese goods by making those same products in mexico instead. At the same time, some big us firms have relocated from asia to mexico. So what are the pros and cons . 0ur Mexico correspondent, will grant, reports. Made in mexico but owned by china. The sofas of the Manoa Furniture Company are part of the buzzword in Mexican Business Near shoring. This is one of scores of chinese companies relocating to Industrial Parks in Northern Mexico to bring production closer to the us market. As well as saving on shipping, the final product is considered 100 mexican, meaning they avoid tariffs and sanctions imposed

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