Mexico's largest corporations
Mexico's largest corporations
Mexico's largest corporations
News summary

In Mexico, drug cartels are increasingly targeting large corporations, attempting to control the sale, distribution, and pricing of goods. The situation escalated following the murder of Julio Almanza, head of the business chambers' federation in Tamaulipas, shortly after he spoke out against cartel extortion. Femsa, operator of the Oxxo convenience stores, has closed all 191 of its stores and seven gas stations in Nuevo Laredo due to gang violence and kidnapping incidents involving employees. The American Chamber of Commerce reports that 12% of companies surveyed are experiencing cartel control over their sales. This shift in cartel focus from small businesses to major corporations reflects a growing threat to Mexico's economy. Femsa is collaborating with authorities to enhance safety and hopes to reopen its stores soon.

Story Coverage
Bias Distribution
56% Left
Information Sources
b5604fbc-eed1-463f-8ea7-72fed5b9d859166bc319-c612-4063-955b-1bdc4fec97ffbfb2a97b-336e-48d9-b69a-147df7862dc20319a078-c5a7-4188-95f2-60cb4be32cc6
+5
Left 56%
Center 33%
R
Coverage Details
Total News Sources
9
Left
5
Center
3
Right
1
Unrated
0
Last Updated
44 days ago
Bias Distribution
56% Left
Related News
Daily Index

Negative

20Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News