Mexico

Frontrunning: January 20

  • How Trump Aims to Broadly Reshape Policy (WSJ)
  • Trump Calls for Unity at Opening Concert as Inaugural Festivities Begin (NYT)
  • Trump Takes the Reins of a Deeply Divided Nation (BBG)
  • Washington braces for anti-Trump protests, New Yorkers march (Reuters)
  • After the Parties, a Protest for the Ages (WSJ)

Dear Europe, Trump's Just Not That Into You

"Guys! You lost! You lost big. Get a grip. It’s a different world out there. Adapt accordingly or fade away. Something tells us the adaptation process will prove too much for most of Europe’s current leaders. That will necessarily mean that most won’t be leaders for long."

"El Chapo" Extradited To The US

The third time behind bars for Joaquin "El Chapo" Guzman may be the unlucky one: on Thursday, Mexico's most notorious cartel kingpin who twice brazenly escape from prison and spent years on the run as the country's most wanted man, was extradited to the U.S. on Thursday to face drug trafficking and other charges.

Carlos Slim Launching US TV Channel "By Mexicans, For Mexicans"

With just two days left to go until Trump's inauguration, one of the President-elect's biggest opponents during the presidential campaign, Mexican billionaire Carlos Slim, said he is launching a a TV channel in the United State, Nuestra Vision, which "is focused on Mexicans, made by Mexicans and transmitted from Mexico."

Trump Warns Canada, Mexico He Will Begin NAFTA Renegotiation "Within Days Of Inauguration"

Trump's Commerce Secretary pick, Wilbur Ross, has informed Canadian officials that he plans to reopen NAFTA talks within days of his inauguration, and that rules of origin and independent dispute tribunals will be central in negotiations of North American Free Trade Agreement. Ross has indicated new administration will send a formal letter notifying Canada and Mexico of plans to renegotiate Nafta within days of Trump’s inauguration.

Trump Could Go Down As The Worst President... (But It Will Not Be His Fault)

History books remember Herbert Hoover as one of the worst American presidents. Hoover inherited a stock market bubble near its peak - fueled by the Fed’s easy money policies. Trump has, too. And he knows it. Trump is the perfect scapegoat. If new shantytowns sprout up, they won’t be Hoovervilles - they’ll be “Trump Towers.” All this is why what happens after Trump’s inauguration could change everything... in sudden, unexpected ways.

Trump Touts "People Are Seeing Big Stuff” After GM Unveils 7,000 New U.S. Jobs

"As the U.S. manufacturing base increases its competitiveness, we are able to further increase our investment, resulting in more jobs for America and better results for our owners.  The U.S. is our home market and we are committed to growth that is good for our employees, dealers, and suppliers and supports our continued effort to drive shareholder value.”

Hyundai To Boost Investment In The US To $3.1 Billion Over 5 Years

Korea's Hyundai Motor Group said it plans to lift U.S. investment by 50 percent to $3.1 billion over five years and may build a new plant there - the latest auto firm to announce fresh spending after President-elect Donald Trump threatened to tax imports.

Germany Slams Trump Criticism: Urges US To "Build Better Cars", Accuses Washington Of Causing Refugee Crisis

Responding to Trump's Sunday criticism, Germany's economy minister Sigmar Gabriel said "there is a link between America’s flawed interventionist policy, especially the Iraq war, and the refugee crisis, that’s why my advice would be that we shouldn’t tell each other what we have done right or wrong" and also urged the US to "build better cars" if it wants Germans to buy them.

Two More Major Problems For Social Security & Medicare

The healthcare system has been broken to the point that physicians now have a greater incentive to fire their Medicare patients than to treat them. One Florida-based physician summed up the situation like this: “I have decided to opt-out of Medicare, acknowledging that I can no longer play a game that is rigged against me; one that I can never win because of constantly changing rules, and one where the stakes include fines and even potential jail time.”

GM Will Invest Over $1 Billion In New US Factories, Create More Than 1,000 Jobs

General Motors will announce plans to invest at least $1 billion across several U.S. factories, the WSJ reported, a move aimed at underlining GM's "commitment to U.S. manufacturing jobs" following Trump’s criticism of the auto maker’s imports from Mexico. GM will also create over 1,000 new stemming from the investment.

Five Dead, 15 Wounded After Gunman Opens Fire At Mexican Nightclub

A lone shooter fired on a crowd at a nightclub in Playa del Carmen, site of the BPM electronic music festival in Mexico early Monday, leaving at least five people dead and at least a dozen more injured. Local news reports suggest that the shooting came after a 'disagreement' and is connected to ongoing drug cartel wars in the area