Mexico

Submitted by Eugen von Bohm-Bawerk via Bawerk.net,

Submitted by Claire Bernish via TheAntiMedia.org,

Legislators in Mexico City passed a proposal on Thursday to bar presidential candidate Donald Trump from entering the country.

Though the proposal amounts to a tellingly symbolic gesture, the lawmakers hope the measure will pressure Mexican President Enrique Peña Nieto to take a more adamant stand against Trump’s xenophobic rhetoric — including his blanket characterization of Mexican immigrants as ‘rapists and criminals.’

Submitted by Nick Bernabe via TheAntiMedia.org,

The Mexican drug cartels are finally meeting their match as a wave of cannabis legalization efforts drastically reshapes the drug trafficking landscape in the United States. It turns out that as states legalize cannabis use and cultivation, the volume of weed brought across the border by Mexican drug cartels dramatically decreases — and is putting a dent in their cash flow.

Submitted by Dex Dunford via OilPrice.com,

Already reeling from low prices, officials with Mexico’s state-run Pemex are also fighting an ever intensifying battle against pipeline theft as organized crime tries to gain a foothold in the country’s newly reformed energy sector.

From loosely organized groups of locals to feared drug cartels, those who believe there is a significant amount of illicit profit to be made here are coming out of the woodwork—and for starters they are eyeing pipelines.

Last week, in “Welcome To Obama’s Recovery: Carrier Moving 1400 Jobs To Mexico,” we showed what happens the moment hundreds of American manufacturing workers learn that their services will no longer be needed thanks to cheap labor south of the border.