Mexico’s week in review: Nationwide blockades and a federal leadership shake-up
Truckers and farmers teamed up this week to block highways and ports of entry across Mexico, paralyzing transportation nationwide to protest highway insecurity, crop prices and a proposed water law. Their pressure yielded fruit: By the end of the week, they were able to come to an agreement with the government , but not before costing billions of pesos (hundreds of millions of US dollars) in economic damage. The protests wrapped up just as news broke about a major leadership shake-up: Mexico’s controversial attorney general unexpectedly left the job , with an ally of the president stepping in in the interim. Rumors of Attorney General Gertz’s resignation flew throughout the day Thursday, leading up to his official exit Thursday night. (Galo Cañas/Cuartoscuro) Midweek, the central bank cut Mexico’s already meager 2025 growth forecast after a tough third quarter, and construction sector showed continued losses. But not all was doom and gloom: Major business investment announcements...