September 9, 2008 |
Mexico City police said they have detained five suspects in the kidnapping and killing of a 14-year-old boy, a crime that prompted protests across the nation. Officials said kidnappers dressed as police and set up a fake checkpoint on a busy street to snare victim Fernando Marti, revealing the complexity and sophistication of Mexico's organized crime gangs. City prosecutor Miguel Mancera said the suspected ringleader, Sergio Ortiz, posed as a well-heeled society type to move among the wealthy and collect information on potential victims.
December 15, 1997 |
President Ernesto Zedillo sprang a major surprise, naming Treasury Minister Guillermo Ortiz to head the central bank but not saying who would replace him at the helm of the Mexican economy. "President Zedillo will name [Ortiz] governor of Banco de Mexico to replace Miguel Mancera Aguayo, whose period at the head of the institution ends on Dec. 31," the president's office said. Ortiz, 49, is the man credited with turning around Mexico's economy after the disastrous December 1994 peso
November 4, 2008 |
Kidnappers grabbed a 5-year-old boy from a gritty Mexico City street market, then killed him by injecting acid into his heart, officials said. Javier Morena was the oldest son of a poor family that sold fruit in the Iztapalapa neighborhood. Javier went missing Oct. 26, Mexico City authorities said. A 17-year-old family friend and four other suspects have been arrested. Police raided the youth's home. Mexico City Atty. Gen. Miguel Mancera said in a statement that Javier was killed before the kidnappers could ask for a $23,000 ransom.
October 20, 1994
MEXICAN STOCKS * The Bolsa index jumped 25.08 points to 2,750.13 on Wednesday, buoyed by Wall Street's gains and by bullish news about Mexico's foreign currency reserves. Another rise in short-term interest rates early in the day didn't deter buyers. * Bank of Mexico Gov. Miguel Mancera announced that foreign reserves stood at $17.2 billion at the end of last week, slightly higher than many analysts had estimated, though well below the $24.5 billion on Jan. 1.
December 6, 2012 |
MEXICO CITY -- The city that was once considered one of the world's most polluted and crime-ridden now boasts that it is a haven from Mexico's drug violence and has gone so "green" with new mass transit lines and trendy vertical gardens that it is hardly recognizable from its former self. Miguel Angel Mancera, the newly sworn-in mayor, vowed this week to continue the socially progressive policies of his predecessor and make Mexico's gargantuan capital "safer, freer, more equal, more progressive" during his next six years in office.
March 1, 1995 |
President Ernesto Zedillo, responding to outcries from Mexico's business owners, on Tuesday outlined an economic recovery plan that will include lifting some import barriers and setting up a special fund for companies with credit problems. It also proposes indexing loan payments to the inflation rate, official efforts to help Mexican banks raise capital and creation of a futures market for the peso, officials of the central bank said.