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Experts see a peso at just under 18 to the dollar a year from now

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A year from now, the Mexican peso will be trading at just under 18 to the US dollar, according to foreign exchange (FX) experts polled by Reuters. The news agency polled 24 FX specialists between June 26 and July 1, asking them to forecast the USD:MXN rate 12 months from now. The experts polled by Reuters warned that additional interest rate cuts by Banco de México would risk further weakening of the peso. However, Mexico’s central bank has held rates steady recently and has indicated that future cuts are unlikely. (Moisés Pablo / Cuartoscuro.com) The median estimate of the poll respondents was a USD:MXN rate of 17.78, a prediction that implies a slight depreciation of the peso over the next 12 months. According to the Bank of Mexico, the peso closed at just under 17.50 to the dollar on Tuesday. A rate of 17.78 would represent a depreciation of 1.6% for the peso compared to the June 30 closing rate. Reuters reported that “[e]xcept for a brief tumble at the start of 2020...

1 million celebrants crowd downtown Mexico City after a historic World Cup win

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Tuesday was a memorable night in Mexico City following Mexico’s 2-0 victory over Ecuador,  with crowds estimated at more than 1 million people taking to the streets to celebrate the country’s furthest advancement in the World Cup tournament since 1986.  Hundreds of thousands of them gathered around the Ángel de la Independencia in the middle of the stately Paseo de la Reforma, spilling into the surrounding streets. The celebration extended to the Historic Center, including the Zócalo, where the Fan Fest is located.    The massive celebration, with its party atmosphere, including mariachis and fireworks, went on until morning. (Galo Cañas / Cuartoscuro.com) President Sheinbaum also watched and celebrated with others, but in the north of the city. Noting the size of the downtown celebrations, she later praised the “happiness” that the team had brought to the country. The massive celebrations in Mexico’s capital, which kicked off with several rounds of fireworks, went on u...

El Tri wins its first knockout game in 40 years, fueling Mexico with unlimited optimism

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Julián Quiñones and Raúl Jiménez scored first-half goals, leading Mexico to a dramatic 2-0 win over Ecuador Tuesday night at Mexico City Stadium, El Tri’s first victory in a World Cup knockout game in 40 years. Goalie Raúl Rangel made a remarkable save to preserve the advantage shortly before halftime and El Tri saw out the remaining 45 minutes efficiently, improving Mexico’s all-time World Cup record at the iconic Mexico City stadium to 7-2-0. ¡QUIÑONES, QUIÑONES, QUIÑONES! Con una gran definición y potente derechazo, Julián Quiñones abre el marcador para México con tremendo GOLAZO pic.twitter.com/eAUmdIFb1q — Telemundo Deportes (@TelemundoSports) July 1, 2026 Electrical storms delayed kick-off by an hour, but coach Javier Aguirre’s men started the game on the front foot, creating three good scoring chances in the first 15 minutes. Mexico City Stadium (and millions in plazas across the country) erupted in full-throated celebration shortly thereafter when Quiñones fired a shot i...

Mexico’s Health Ministry plans to eliminate transmission of HIV by 2030

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Mexico aims to eliminate the transmission of the Human Immunodeficiency Virus (HIV) by 2030, Health Minister David Kershenobich announced Tuesday. “Mexico ensures universal access to prevention, detection and care … within the framework of universal health coverage,” Kershenobich said during President Sheinbaum’s daily morning press conference. “The goal is to eliminate HIV by 2030.” The Health Ministry’s ambitious plan to eradicate HIV once and for all comes in the context of a population that has demonstrated notable awareness of the virus, as witnessed by the demonstration last December that included the slogan “HIV doesn’t kill — stigma and ignorance do.” (Haarón Álvarez/Cuartoscuro) HIV testing is free in Mexico. It does not require an appointment and is available at primary care facilities across all 32 states, as well as through campaigns in schools, workplaces and health fairs. An estimated 430,000 people are currently living with HIV in Mexico,...

Mexico begins consultation process with over 16,000 communities on new Indigenous rights law

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Before sending the proposed General Law on the Rights of Indigenous and Afro-Mexican Peoples to Congress in October, the federal government will consult more than 16,000 communities on the bill. President Claudia Sheinbaum signed a convocatoria, or official announcement , at her Monday morning press conference that sets the consultation process in motion. The proposed law seeks to benefit some 25.8 million Indigenous and Afro-Mexican people across Mexico as well as 16,728 communities. (Gabriel Monroy/Presidencia) Luisa María Alcalde, the president’s top legal adviser, told reporters on Monday that “the time has come” to consult “the holders” of the rights under the proposed law — i.e., Mexico’s Indigenous and Afro-Mexican people. Alcalde said that people belonging to 69 different Indigenous groups as well as Afro-Mexicans across 16,728 communities will be consulted on the proposed law, which is scheduled to be sent to Congress on Oct. 12, a date ...

How El Tri’s perfect group stage created World Cup magic in Mexico: A dispatch from CDMX

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The group stage of the 2026 FIFA men’s World Cup is now over and the knockout stage has begun, with Canada becoming the first team to reach the round of 16 thanks to a 1-0 victory over South Africa in Los Angeles on Sunday. The Mexican team, known as El Tri or more formally la Selección Nacional de México , gets its chance to reach the round of 16 this Tuesday night when it takes on Ecuador at the Mexico City Stadium (aka Estadio Azteca). El Tri to play Ecuador in Mexico City on Tuesday The first two weeks of the tournament were an exciting — and emotional — time for Mexican football fans both here and abroad in places such as New York , where large numbers of Mexicans celebrated the 1-0 victory over South Korea and bonded with fans from the East Asian nation. In Mexico City, a seemingly incredulous 800,000 people ( per Mexico City Mayor Clara Brugada ) descended on Paseo de la Reforma and the Angel of Independence monument to celebrate Mexico’s win over Czechia last W...

Mexican Red Cross dogs join continental search and rescue effort in Venezuela

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Mexican Red Cross rescue dogs have departed for Venezuela to join the search for survivors after two devastating earthquakes measuring 7.2 and 7.5 on the Richter scale hit the South American country on June 24. The most recent cohort includes Querétaro canines Orly, Balam, Kenai and Halley, who traveled to Venezuela on Saturday as part of the USAR (Urban Search and Rescue) team specializing in search in collapsed structures.  Hoy, el equipo #USAR a nivel pesado de #CruzRojaMexicana parte rumbo a #Venezuela para apoyar en las labores de búsqueda y rescate. Les deseamos fuerza y éxito en esta gran misión. 🇲🇽🤝🇻🇪 #AyudaHumanitaria #BúsquedaYRescate #AcciónHumanitaria #Mexico pic.twitter.com/9fUOfYd8Ke — Cruz Roja Mexicana IAP (@CruzRoja_MX) June 28, 2026 The dogs join a team of 18 canine heroes dispatched along with 250 Mexican troops following the earthquakes that have resulted in at least 1,400 deaths and more than 3,200 injuries.   Other countries from the region, in...