Mexico
Banxico cuts interest rate to 6.75% despite inflation and Middle East tensions
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Mexico's central bank cut its benchmark rate to 6.75% in a split decision, as global markets closed lower amid the US-Iran war. The BMV fell 1.65%, and the peso depreciated 1% against the dollar. Oil prices rose due to the Strait of Hormuz closure.
The Mexico City government will extend Metrobus hours on some lines this Saturday, March 28, for the Estadio Banorte reopening featuring the Mexico vs Portugal match. Metrobus director Rosario Castro announced the measure on social media. No parking will be available for private vehicles at the venue.
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President Claudia Sheinbaum and Economy Secretary Marcelo Ebrard unveiled the Immediate Attention Program for the Protection of the Heavy Vehicles Industry, offering fiscal incentives and financing up to 6 billion pesos. The plan aims to renew a fleet averaging 19 years old, enhance road safety, and cut polluting emissions. Manufacturers and transporters have welcomed the initiative positively.
Osmar ‘N’, a 15-year-old teenager, is the alleged perpetrator of the murder of two teachers at Antón Makárenko high school in Michoacán. Authorities confirm a direct attack with an AR-15 rifle hidden in a guitar case, per security videos. If found guilty, he would face permanent internment from six months to five years, under Michoacán's Specialized Code of Justice for Adolescents.
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Following confirmation despite earlier security concerns, Mexico faces Portugal in a World Cup 2026 preparation friendly on Saturday, March 28, at 7:00 p.m. central Mexico time at Banorte Stadium (formerly Azteca) in Mexico City. The match marks the venue's reopening, highlighting Mexico's newcomers like Álvaro Fidalgo and returnee Guillermo Ochoa, while Portugal arrives without injured Cristiano Ronaldo.
A 15-year-old student shot and killed two teachers at Antón Makárenko high school in Lázaro Cárdenas, Michoacán, during an argument on Tuesday, March 24. State prosecutors detained the suspect and launched a homicide investigation. Michoacán's education secretary expressed regret over the incident.
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Tabasco's State General Prosecutor's Office concluded the complementary investigation phase against Hernán Bermúdez Requena, former Security Secretary, on Tuesday and has 15 days to file the formal accusation. The ex-official, alleged leader of the criminal group 'La Barredora', faces charges of criminal association, aggravated kidnapping, and aggravated extortion.
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March 25, 2026 22:03Suspected feminicide of Blanca Ruth arrested in Coyoacán
March 25, 2026 19:49Mexican peso closes stronger amid Middle East de-escalation
March 24, 2026 17:30Two Matehuala officials detained for drugs and alleged link to electricians' kidnapping
March 24, 2026 16:3411 Michoacán police released amid alleged CJNG ties
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March 24, 2026 11:07Mexico's annual inflation rises to 4.63% in early March