Mexico

Mexico's president escalated a conflict with the judiciary on Tuesday, calling the country's supreme court judges the "best paid public servants in the world," after the tribunal froze plans to impose pay cuts on the civil service.

Mexico's energy regulator on Tuesday canceled two oil field auctions scheduled for February, after the new leftist government said it would not hand over more resources to private companies until they proved themselves as producers.

Mexico will invest more than $30 billion in its poor southern states over the next five years, the foreign minister said on Monday, boosting the region economically as part of efforts to curb migration.

Mexico's energy secretary Rocio Nahle said on Saturday that President Andres Manuel Lopez Obrador's newly installed administration would cancel two February bidding rounds for oil and gas blocks, including Mexico's first shale areas on offer.

Mexico's Supreme Court on Friday suspended a new law that cuts public sector pay, freezing it until the tribunal has made a definitive ruling on the legislation, and dealing a blow to Mexican president Andres Manuel Lopez Obrador.

Mexican President Andres Manuel Lopez Obrador is taking aim at the finances of the powerful Jalisco cartel in what a top anti-money laundering official said was an opening salvo in the fight to stop criminal gangs from flourishing with impunity.

Mexican automobile output and exports fell slightly in November compared with the same month last year, official data showed on Thursday.

Wal-Mart de Mexico said on Thursday that sales at stores open for more than a year in Mexico rose by 5.9 percent in November compared to the same month last year.

Mexico's new president, Andres Manuel Lopez Obrador, said on Wednesday he would not cancel contracts issued to foreign and national oil companies by his predecessor but challenged them to pump oil quickly or no further oil fields would be offered.