a new nerve center for the global drug trade

Ecuador has become an unlikely hub for the global drug trade, flooding the world with Colombian cocaine while bloodshed rages between a complex web of local gangs backed by the Mexican and European mafia. “The cocaine that leaves Ecuador’s ports goes all over the world, mostly to the United States and Europe, but also to […]

New Cold War: Arsenal of Democracy or Simply an Arsenal?

[ad_1] Yves here. The older fogeys among the readership may remember that when the USSR unexpectedly fell, ex post facto analysts attributed it to Reagan era programs, including Star Wars, forcing the USSR into even higher levels of military spending that wound up being crippling. Are we going to to this to ourselves with our […]

As Citi prepares to leave Mexico, manhunt for its assets is underway

[ad_1] Large global banks including Spain’s Santander and Canada’s Scotiabank are interested, but Mexican President Lopez Obrador would prefer the country’s third-largest bank to return to its Mexican owners. Last Wednesday (January 12), Citigroup broke the news It is selling its Mexican retail banking business after operating in Mexico for nearly a century. The U.S. […]

As “zero-day” approaches, Mexico City is dealing with serious water shortages

[ad_1] Unless major measures are taken, one of the world’s largest cities may face a “zero day” as early as 2028-when the water supply is so low that the government must start rationing precious liquids. Many working-class residents Neighborhood Ascapocalco, northwest of Mexico City, has a very dry Christmas this year. Many families stopped water […]

Biden’s electric car plans spark anger in Mexico and Canada

[ad_1] Joe Biden will meet with leaders of Mexico and Canada this week because his plan to encourage Americans to buy electric cars made in the United States has sparked strong opposition from the two major trading partners of the United States. The so-called Three Friends Summit, which will be held at the White House […]

Biden begins to rebuild U.S.-Mexico relations

[ad_1] This article is a live version of our trade secret newsletter.register here Send the newsletter directly to your inbox every Monday to Thursday Greetings from Washington, news of the chaotic withdrawal of American troops from Afghanistan in recent weeks interrupted the usually sleepy August. In terms of trade, we came back with a gorgeous […]

Can a new commodities boom revive Brazil?

[ad_1] Roughly every other glass of orange juice drunk around the world comes from the orchards of São Paulo state, boasts Duarte Nogueira. “We have everything beginning with the letter ‘C’,” says the mayor of Ribeirão Preto, a city four hours inland from the state capital, before reeling off the Portuguese names of produce cultivated […]

New bar restaurant La Chinesca opens in Philadelphia’s Spring Arts neighborhood

[ad_1] This Chinesca will open on Friday night near the Spring Arts community in Philadelphia, near Union Transfer.New bar restaurant Owned by Michael and Jeniphur Pasquarello of 13th Street Kitchens (Kensington Dormitory, Prohibition Taproom, Cafe Lift). The food is inspired by the city of Mexicali, Mexico, especially the Chinatown neighborhood commonly known as La Chinesca.Have […]