Brazil

Mexico is building an interoceanic corridor in the Isthmus of Tehuantepec to connect the Pacific and Atlantic Oceans.This 300-kilometer project, a potential Panama Canal rival, is causing both excitement and controversy.Conceived in the 16th century, its now being pushed forward by President Andrs Manuel Lpez Obradors government, which has invested $2.85 billion.The corridor is expected to significantly boost Mexicos GDP, potentially adding 3 to 5 percentage points.Public opinion is split: some see it as an economic boon, others worry about social and environmental impacts and the potential rise in organized crime.Artisan Anglica Gonzlez, based in Ciudad Ixtepec, Oaxaca, eagerly awaits the return of passenger trains, hoping to sell her crafts to tourists.The Tehuantepec Interoceanic Corridor (CIIT) aims to enhance logistics and commerce.By 2028, it plans to handle 300,000 containers annually, increasing to 1.4 million by 2033.
This makes it a significant player in global trade, complementing the Panama Canal.Mexicos Interoceanic Corridor Sparks Debate.
(Photo Internet reproduction)The project includes expanding the Salina Cruz port, a major undertaking involving the construction of a massive breakwater.This expansion is generating thousands of jobs, vital for a region affected by poverty.However, local activists like Rafael Mayoral express concerns over the environmental and social impacts.Migration RouteSouthern Mexico, already a migration route, faces challenges with the corridors construction.Indigenous activist Juana Ramrez from UCIZONI criticizes the project for its environmental and societal effects.UCIZONI claims that the project disregarded indigenous consultation norms and led to community displacement.Reports of legal challenges and allegations of repression against activists have added to the controversy.The Mexican Center for Environmental Law documents violence and intimidation related to the project, primarily affecting indigenous people.This situation underscores the need for a balanced approach, respecting both economic objectives and community rights.





Unlimited Portal Access + Monthly Magazine - 12 issues


Contribute US to Start Broadcasting - It's Voluntary!


ADVERTISE


Merchandise (Peace Series)

 


Copper Prices Hold Steady as Traders Weigh Tariff Relief Against Supply Risks


Oil Markets Retreat on Supply Glut Fears Despite US-China Trade Breakthrough


Gold Plummets 2.7% as US-China Tariff Truce Erodes Safe-Haven Demand


[Brazil] - Brazilian Real Extends Rally as Central Bank Tightening Offsets Growth Concerns


Cryptocurrency Markets Navigate Volatility Amid Macroeconomic Shifts


Brazilian Markets Edge Up Amid Global Trade Optimism, Domestic Caution


Brazil’s Homicide Paradox: Crime Drops Nationally as Regional Wars Intensify


Why Argentina's Stock Exchange Soared and Then Slumped in 2025


Inter Co&s Q1 2025 Profit Soars, Yet 60-30-30 Goal Looms Large


BTG Pactual’s Q1 2025 Profit Hits R$3.4 Billion Milestone


Brazil’s Egg Exports Skyrocket 271% as U.S. and Japan Grapple with Supply Crises


Braskem’s 1Q25 Turnaround: Profit Surges, but Cash Flow Challenges Persist


U.S.-China Trade Truce Cuts Tariffs to 10%, Retains Fentanyl Levies in 90-Day Pause Deal


Latin America’s China Gambit Collides With Washington’s Resurgent Monroe Doctrine


Colombia’s Strategic Pivot to China Sparks Trade Tensions and Domestic Debate


Colombia Grants Asylum to Panama’s Ex-President After 16-Month Embassy Refuge


U.S. Banks Resist Global Climate Rules, Citing Economic Risks and Regulatory Overreach


[Brazil] - Succession Showdown: Bolsonaro's Legal Woes Fuel Battle Between Wife, Allies for 2026 Bid


Brazilian Agribusiness Eyes Angola’s Fields for Growth


Uruguay’s Poverty Measures Expose Gaps Between Growth Narratives and Lived Realities


Palmeiras Secures Top League Position Through Strategic Play and Financial Discipline


Football Games for Monday, May 12, 2025: Match Schedule and Live Broadcast


[Brazil] - Botafogo's Decisive Victory Exposes Internacional's Strategic Crisis in Brasileirão


Homes in Mexico Grow Wary as Consumer Confidence Index Drops Again


Falling Lithium Prices Derail Major Chinese Projects in Chile


Interest Rate Cut to 4.5% Signals Peru’s Response to U.S. Tariffs and Economic Headwinds


Canada's Industrial Sector Hit Hard by April Job Losses


Lula’s Support for Putin at Moscow Victory Parade Highlights Brazil’s Diplomatic Autonomy


U.S. Signals Shift with 80% Tariff Proposal Ahead of China Meeting


Strong Start for Brazil’s Industry in 2025 Masks Underlying Weakness


[Brazil] - Rate Hikes Fail to Tame Brazil's Inflation Fueled by Food and Energy


Qatar Airways Expands São Paulo Flights as Business Travel Demand Surges


Nigeria and Brazil Finalize Direct Flights, Paving Way for Closer Commercial Links


Fed Flags Price, Job Risks and Keeps Interest Rate Unchanged


U.S. Oil Inventories Fall Beyond Expectations, Tightening Supplies


Druze Caught in Syria's Southern Conflict as Israel Seeks Buffer State


Air Canada Launches Biggest-Ever Latin America Winter Schedule


[Brazil] - Amazon Web Services Targets Chile's Growing Market with $4 Billion Cloud Push


BRICS Leaders Clash Over U.S. Tariffs and Security Council Bids in Rio


[Brazil] - Vamos Shares Plunge 8% Amid Profit Crash Despite Operational Gains


[Brazil] - São Paulo's Strong Rejection of Lula Signals National Political Shift


[Brazil] - RD Saúde Struggles With Profitability in Q1 2025 as Market Share Gains Fail to Offset Costs


[Brazil] - Brazilian Court Blocks BRB's $360 Million Acquisition of Banco Master Over Legal Concerns