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Indigenous diaspora: Leaving home and the journey across Mexico


Indigenous diaspora: Leaving home and the journey across Mexico
René Kladzyk and Maria Ramos Pacheco/El Paso Matters and Veronica Martinez/La Verdad
First of a three-part series
Running children and crying babies create a cacophony at El Buen Samaritano shelter, but in a far corner, Carmela holds her 2-year-old in silence. She can’t communicate with anyone she doesn’t know Spanish, and no one at the facility can understand the Indigenous language she speaks. 
Indigenous migrants like Carmela encounter extra hurdles in attempting to reach the United States: communication difficulties, cultural barriers and anti-Indigenous discrimination. 
In this three-part series, we’ll trace the path of a migration journey from Guatemala, investigating the challenges that Indigenous migrants face at every stage. Part one looks at migration drivers and the arduous journey across Mexico; part two discusses added barriers at the U.S. border as Indigeno ....

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Mexico Antitrust Body Rules Global Banks Rigged Bond Market

(Bloomberg) Mexico’s antitrust commission is planning to fine several global banks and individual traders after ruling that they conspired to manipulate prices for peso bonds early last decade, people familiar with the matter said.The decision, which was reached on Jan. 14, is set to be made public in coming days, the people said, asking not to be identified because the ruling hasn’t been announced.It wasn’t immediately clear which companies and individuals will be fined. But the commission’s investigative unit found evidence in 2019 of collusion by the Mexican units of Barclays Plc, Bank of America Corp., Banco Bilbao Vizcaya Argentaria SA, Deutsche Bank AG and JPMorgan Chase & Co., as well as Banco Santander Mexico SA and Citigroup Inc.’s local unit, Citibanamex.A spokesperson for the antitrust commission, known as Cofece, declined to comment. The agency is barred from speaking publicly about its rulings until all the parties involved have be ....

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Banxico Wins Respite on Law It's Trying to Block


Mexico Central Bank Wins Respite on Law It’s Trying to Block
Bloomberg
12/14/2020
Michael O Boyle and Matthew Bristow
© Bloomberg
The logo for Mexico s central bank, the Banco de Mexico, is displayed on the exterior of its headquarters building in Mexico City, Mexico, on Tuesday, March 15, 2016.
(Bloomberg) Mexico’s central bank won a respite when a bill that could force it to buy money of dubious origin was left off the congressional agenda for Monday.
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Banco de Mexico’s efforts to derail the proposal also got a boost when the country’s private banks and the most influential business lobby came out in support of the central bank on Sunday. ....

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