US Senate Lowers Remittance Tax to 1%
Congressional lawmakers had initially set the tax at 3.5 percent in May; lower than the 5 percent planned in the bill’s initial version.
News Briefs
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Outsourcing Ban Improved Wages and Benefits
A study found Mexico’s ban on outsourcing increased workers wages and reduced precarity, despite ominous predictions from employers who resisted the reform.
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Artists, Writers, Academics Call for Sheinbaum to Welcome Gaza Orphans
In a June 24th public letter titled A Home for the Orphaned Children of Gaza, the signatories requested the “valuable diplomatic and managerial intervention” of Mexico’s President to grant asylum to orphaned children in Gaza.
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A Proposal to Tax Vacant Homes and Cap Airbnb in Jalisco
Representative Mariana Casillas seeks to curb real estate speculation and the impact of gentrification in Jalisco, using tax revenues to fund social housing and public programs.
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US Sanctions Mexican Banks for Money Laundering, No Evidence Provided
The US Treasury Department provided no evidence, but did provide a list including many transfers made with legally incorporated Chinese companies, raising suspicions that the US is attempting to limit Mexico-China trade.
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US Attacks Mexico, Calling it a “Foreign Adversary”
The comments were made by US Attorney General Pam Bondi during a Senate Approprations Committee hearing.
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Real Estate Developers Fradulently Monopolizing Water in Mexico says CONAGUA
While some Mexican communities suffer up to 40 days without water access, private concessions hoard the resource, even re-selling it illegally. The government is reviewing only 326 concessions of a national total of 538,000.
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Clicks June 22
Our weekly press roundup of Mexican political stories, including GM workers voting on union membership, Canadian mining crimes, upcoming women’s conference, the long drive to the 40 hour workweek, Trump admin plans for counterinsurgency in Mexico, the attack on Iran, Sheinbaum at G7, ICE custody deaths and microfinance bankruptcy.
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Israel Attacks Iran: Mexico Calls for “Dialogue,” US Attacks Iran: Mexico Calls for “Dialogue.”
Israel Attacks Iran: Mexico Calls for “Dialogue,” US Attacks Iran: Mexico Calls for “Dialogue.”
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Russia Offers to Supply Mexico with LNG to Strengthen Cooperation
Russia’s energy minister also stated that his country is interested in collaborating with Mexico in the electricity sector.
