Mexico

Citigroup reports fraud in Mexico unit, lowers 2013 results

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- Citigroup Inc said on Friday it has discovered fraud in its Mexico subsidiary and is reducing its previously reported 2013 net income by $235 million.

Mexican kingpin's fall clouds future of drug heartland

LA TUNA, Mexico - In villages nestled amid the jagged mountains where captured Mexican kingpin Joaquin "Shorty" Guzman was born, the drug trade that dominates the local economy is already breeding the next generation of smugglers and gunslingers.

World, 1:13am EST

Mexican telecoms bill to raise pressure on Slim: draft

MEXICO CITY - Mexico will give its new telecoms regulator sweeping powers to police dominant telecommunications companies, right down to their prices and discounts, according to a draft bill that fleshes out a constitutional reform passed last year.

Tech, Media, 12:01am EST

Mexican president 'indignant' at U.S. deportations

MEXICO CITY - Mexican President Enrique Pena Nieto said he is "indignant" at the United States' deportation of Mexican migrants and described U.S. lawmakers as demonstrating a "lack of conscience" in failing to pass immigration reform.

World, Mexico Election 27 Feb 2014

Mexican president 'indignant' at U.S. deportations

MEXICO CITY - Mexican President Enrique Pena Nieto said he is "indignant" at the United States' deportation of Mexican migrants and described U.S. lawmakers as demonstrating a "lack of conscience" in failing to pass immigration reform.

World, Mexico Election 27 Feb 2014

Mexico president sees no swift extradition of kingpin Guzman

MEXICO CITY - Captured Mexican drug lord Joaquin "Shorty" Guzman faces an outstanding jail term in Mexico and any extradition to the United States is likely to take time, President Enrique Pena Nieto said on Wednesday.

World, Mexico Election 27 Feb 2014

'Free Shorty': hundreds march for jailed Mexican drug lord

CULIACAN, Mexico - More than a thousand people marched through the streets of the capital of captured Mexican drug lord Joaquin "Shorty" Guzman's home state on Wednesday, calling for his freedom.

World, Mexico Election, 27 Feb 2014

Mexican drug kingpin Guzman dodges U.S. extradition for now

MEXICO CITY - Mexican drug kingpin Joaquin "Shorty" Guzman won a temporary injunction to block his extradition to the United States where he faces narcotics and arms trafficking charges, a federal judge ruled on Tuesday. | Video

U.S., World, 26 Feb 2014

Slim closes in on pact to secure Telekom Austria

VIENNA - Carlos Slim's America Movil and the Austrian government are moving towards a deal to pool their stakes in Telekom Austria, which would lead to a takeover offer and mark a further step in the Mexican tycoon's expansion in Europe.

How Citigroup stumbled in the Mexican housing market

ZUMPANGO, Mexico/NEW YORK - - Just outside the town of Zumpango, about an hour from Mexico City, packs of stray dogs sniff around abandoned homes in a half-empty neighborhood.

Mexico Election 25 Feb 2014
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Armed men seize two airports in Ukraine's Crimea, Yanukovich reappears

SIMFEROPOL, Ukraine - Armed men took control of two airports in the Crimea region on Friday in what the new Ukrainian leadership described as an invasion and occupation by Moscow's forces, and ousted President Viktor Yanukovich reappeared in Russia after a week on the run. | Video