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Mexicos Fox reverses on bill decriminalising drugs

Mexicos Fox reverses on bill decriminalising drugs Vicente Fox, Mexicos president, has made a rapid U-turn on a bill that envisaged decriminalising the possession of small amounts of drugs such as heroin, cocaine and LSD. Mr Fox will ask Congress to undertake the necessary corrections to make it absolutely clear that in our country the possession of drugs and their consumption are, and will continue to be, a crime. Mexico must deepen the fight against drugs. Only three days ago, the presidents office had said he would sign the bill into law.It is understood the US pressed Mexico over the proposed legislation.

Mexico Criticizes U.S. Immigration Bill

Mexico Criticizes U.S. Immigration Bill The Mexican government slammed the U.S. Congress for approving an immigration bill that would tighten border controls and make it harder for undocumented immigrants to get jobs. The House of Representatives voted 239-182 in favor of measures that would enlist military and local law enforcement to help stop illegal entrants and require employers to verify the legal status of their workers. The House also authorized the building of a fence along parts of the U.S.-Mexico border, but did not include any new temporary work program for migrants, something Mexico insists is needed. "The government of Mexico ... believes

Mexico criticizes U.S. immigration bill focusing mostly on border security

Mexico criticizes U.S. immigration bill focusing mostly on border security The Mexican government Friday slammed the U.S. Congress for approving the construction of a fence along the U.S.-Mexico border, while Mexican human rights groups said it will only cause more deaths. The U.S. House of Representatives late Thursday approved building 700 miles of fence along the 2,000-mile U.S.-Mexico border, giving priority for construction in Laredo, Texas. The city is across the border from Nuevo Laredo, Mexico, where warring drug cartels have been blamed for more than 140 killings this year. The measure is part of a wider immigration enforcement bill that

Mexico assails US border fence immigration bill

Mexico assails US border fence immigration bill A bill moving through the U.S. Congress that demands security fencing with lights and cameras be built along the Mexico-U.S. border will not stop the flood of illegal immigrants, Mexico said Friday. The House of Representatives voted 260-159 late Thursday to require the high-tech fencing along parts of the U.S. border, while seemingly moving away from a White House plan for immigration reform that includes a guest worker program and is backed by Mexico. Mexican presidential spokesman Ruben Aguilar said Mexico would keep pushing for a comprehensive immigration reform that expands temporary worker programs. "An immigration reform

UPDATE 1-Mexico 28-day T-bill yield edges down to 7.98 pct

UPDATE 1-Mexico 28-day T-bill yield edges down to 7.98 pct The yield on Mexico's benchmark Cetes, or T-bills, edged down for the 23rd straight week on Tuesday amid investor expectations that the central bank will push interest rates lower again this month. The rate on 28-day paper fell four basis points to 7.98 percent while the rates on three-month and six-month paper also fell. An earlier Reuters survey of Cetes dealers had forecast the 28-day Cetes rate would fall two basis points to 8.00 percent while longer-term T-bill yields would fall slightly or hold steady. The yield on the 10-year peso denominated bond

Mexico ’dirty war’ crimes alleged

Mexico 'dirty war' crimes alleged The Mexican government and military committed "crimes against humanity" in the so-called "dirty war" against left-wing rebels, a leaked report says. The report was prepared for current President Vicente Fox but has not been released. A US NGO has printed material saying Mexicans had a right to know. The army kidnapped, tortured and killed hundreds of rebel suspects, says the report, which covers 1964 to 1982. Mexico's special prosecutor says the report is biased and has been revised. More: news.bbc.co.uk

Mexico slams border fence

Mexico slams border fence Mexico’s foreign secretary Monday leveled his country’s sharpest criticism yet at U.S. proposal for a fence along parts of its southern border, condemning it as “stupid” and “underhanded.” In a radio interview, Luis Ernesto Derbez said U.S. legislators who approved the bill were turning a blind eye to the contributions millions of migrants from Mexico and elsewhere make to America’s economy and culture. “It’s a law that looks underhanded to everybody ... stupid,” Derbez said. On Friday, the U.S. House of Representatives voted 239-182 in favor of an immigration enforcement bill, which includes a proposal to build 700 miles of

Mexico 1-month T-bill yield rises to 7.02 pct

Mexico 1-month T-bill yield rises to 7.02 pct The yield on Mexicos benchmark 28-day Cetes, or T-bills, edged up 1 basis point to 7.02 percent on Tuesday amid expectations of rising U.S. interest rates. Longer-term Cetes yields ticked up from last week at a central bank auction, along with rates on Mexicos 3-year and 7-year peso from when they were last auctioned on May 16. The yield on the three-month bill rose to 7.36 percent from 7.28 percent last week, while the yield on the six-month yield rose to 7.63 percent from 7.50 percent. The 3-year peso bond rose to a yield of 8.50

Mexico’s ambassador to the United States says many Americans opposed to border wall

Mexico's ambassador to the United States says many Americans opposed to border wall Many Americans are opposed to a U.S. proposal to build 1,100 kilometers (700 miles) of additional fences along the U.S.-Mexico border, Mexico's ambassador to the United States said Thursday. Carlos de Icaza told W Radio in Mexico City that U.S. businesses, church groups and even politicians have "clearly indicated their opposition to measures that could put the economy of the country in danger." Mexican Foreign Relations Secretary Luis Ernesto Derbez has called on other Latin American countries to unite against a U.S. House of Representatives bill to toughen border

Mexico cheers backing of immigrant bill by panel

Mexico cheers backing of immigrant bill by panel Mexicans cheered the proposal approved Monday by the Senate Judiciary Committee to legalize undocumented migrants and provide temporary work visas, and credited huge marches of migrants across the United States as the decisive factor behind the vote. President Vicente Fox of Mexico said the vote was the result of five years of work dating to the start of his presidential term in 2000, and puts Mexico one step closer toward the government's goal of ''legalization for everyone" who works in the United States. ''My recognition and respect for all the Hispanics and all the Mexicans