Mexiconews

President Claudia Sheinbaum on Thursday announced a 140 billion-peso (US $8.14 billion) investment to expand, modernize and rehabilitate Mexico’s natural gas infrastructure. “Our goal is energy sovereignty,” Sheinbaum said, adding that the investment will serve “to expand production capacity of fuels and renewable energy sources, so as not to depend on foreign countries.” President Claudia Sheinbaum announced the investment at her Thursday morning press conference. (Juan Carlos Buenrostro / Presidencia) The funds — provided by the Federal Electricity Commission (CFE) and National Center for Natural Gas Contro (Cenagas) — will be used to build and maintain natural gas pipeline and distribution networks. Energy Minister Luz Elena González said Mexico consumes approximately 9 billion cubic feet of natural gas per day, of which only 2.3 billion are produced by state-owned oil company Pemex. As a result, Mexico relies on imports to meet nearly 75% of its natural gas needs, almost all o...

Official data showing a decline in inflation in April was published on Thursday morning and just hours later the Bank of Mexico (Banxico) board voted in favor of cutting the central bank’s key interest rate by 25 basis points. The national statistics agency INEGI reported that Mexico’s annual headline inflation rate was 4.45% in April, down from 4.59% across March. The decline in April came after the headline rate increased in each of the first three months of 2026. Among those applauding Banxico’s latest interest rate cut was President Claudia Sheinbaum, who said the move “activates investment.” (Mario Jasso/Cuartoscuro) INEGI also reported that month-over-month inflation was 0.20% in April, while the annual core rate — which excludes volatile food and energy prices — was 4.26%, down from 4.45% across March. Later on Thursday, a divided Bank of Mexico governing board voted in favor (3-2) of lowering the central bank’s benchmark interest rate fro...

A week after a U.S. indictment accusing Sinaloa Governor Rubén Rocha Moya of drug trafficking and weapons offenses was unsealed, acting U.S. Attorney General Todd Blanche indicated that U.S. prosecutors will file more charges against Mexican politicians. His comments on the subject came during an interview with U.S. cable news network NewsNation on Wednesday. “So, could we see more indictments?” @DAGToddBlanche says “sure, yes. We’ve already indicted multiple government officials out of Mexico…” The Acting AG explains what consequences they’re bringing to Mexican politicians tied to the criminal cartels. pic.twitter.com/td82aKCjbr — Ali Bradley (@AliBradleyTV) May 6, 2026 NewsNation immigration correspondent Ali Bradley highlighted that the Trump administration has “promised to bring consequences to Mexico when it comes to corrupt politicians that might have ties to the criminal cartels” and asked Blanche what consequences there could be for Mexican officials beyond ...

The 2026 turtle season in Tamaulipas is off to a solid start as authorities in the Gulf Coast state recorded more than 207,000 Kemp’s Ridley sea turtle eggs at the various protected camps along the shoreline. According to an official report from the Tamaulipas Parks and Biodiversity Commission (CPBT), 2,307 nests and 207,251 eggs were recorded as of May 5 during the current season, which generally runs from April through August. These conservation and protection efforts are part of the state’s official environmental policy aimed at protecting biodiversity and preserving species in their natural environment. The policy includes the surveillance of, monitoring of and protection of the nests, so as to guarantee the reproduction and survival of the emblematic Kemp’s ridley sea turtle on the Tamaulipas coast. The Kemp’s Ridley is the rarest species of sea turtle and is the world’s most endangered. It is also the smallest sea turtle species with adults typically weighing only 75–...

Cascada de Tamul (Tamul Waterfall), one of the most visited tourist sites in the Huasteca Potosina region of east-central Mexico, has run practically dry amid extreme heat and disputed water use. The situation has alarmed tour operators, government officials and nearby communities in San Luis Potosí and neighboring states. In its full glory, as seen here, the Tamul Waterfall is one of the region’s most important tourist attractions, and a source of wonder and awe for all who see it. (Huasteca Potosina/Facebook) An impressive 105-meter (344-foot) waterfall located atop Santa María Canyon, Cascada de Tamul is one of the state’s top natural attractions and a pillar of the region’s ecotourism industry. According to reports in the Mexican media, images shared on social media show large sections of exposed rock where visitors are used to seeing several thick ribbons of water pouring over the cliff. Authorities and business leaders say the crisis worsened in April despite emergenc...

THE MND PESO INDEX™ Tracking the exchange rate people actually experience MND Intelligence · Inaugural edition Welcome to the inaugural edition of the MND Peso Index™ , the latest addition to the MND Intelligence™ suite of data products from Mexico News Daily. The MND Peso Index™ joins the already-published inaugural editions of the MND Sheinbaum Index™ and the MND Expat Safety Perceptions Index™ . Each month, the MND Peso Index™ measures whether the Mexican peso is overvalued or undervalued against the US dollar by comparing the prices of 20 goods and services in Mexico and Dallas, Texas. Our headline finding for April 2026 suggests that the peso was overvalued by just under 3% against the dollar . Read on for the full MND Peso Index™ methodology, rationale and findings. What is the MND Peso Index™? The MND Peso Index™ is a monthly economic indicator developed by Mexico News Daily that measures whether the Mexican peso is overvalued or undervalued against the US dollar....