Two powerful storms pummeled Mexico as they converged from the Pacific and the Gulf on Monday, killing at least 42 people and stranding some 40,000 tourists in the Pacific resort of Acapulco amid some of the worst flooding in decades.
Tropical Storm Ingrid doused eastern Mexico with heavy rain on Friday, helping to close two key ports and prompt state oil monopoly Pemex to take steps to protect its operations in the Gulf of Mexico.
Though currently stationary,
A powerful explosion rocked the Mexico City headquarters of state-owned oil giant Pemex on Thursday, killing at least 25 people, injuring more than 100 and trapping others inside.
The mid-afternoon blast in a neighboring building
Transocean agreed to pay $1.4 billion to settle U.S. government charges over BP's massive Gulf of Mexico oil spill in 2010 and the rig contractor admitted that its crew on the Deepwater Horizon was partly responsible.
The UAE has signed an agreement with Mexico to avoid double taxation on income in a move aimed at strengthening mutual economic and trade relations between the two countries.
This agreement also aims to develop investments between
A magnitude 5.9 earthquake hit Mexico on Thursday, at a depth of 6.2 miles (10 km), the US Geological Survey said.
The USGS said it hit 10 miles west-southwest of Arcelia, Guerrero. The quake was felt in Mexico City, a Reuters rep
Under pressure from financial markets and anxious world leaders, Europe agreed on Monday to move towards a more integrated banking system to stem a debt crisis that threatens the survival of the euro.
At a Group of 20 summit of the world
US President Barack Obama and Russian President Vladimir Putin agreed on Monday that the violence in Syria has to end but they offered no new solutions and showed no signs of healing a rift over whether to impose tougher sanctions on Damascus.
A powerful 6.7 magnitude earthquake shook Mexico on Saturday, killing at least two people, knocking out lights in parts of the capital and sending people rushing into the streets.
There were no immediate reports of severe damage or injurie