Wednesday, April 01, 2009

News Summary for April 2, 2009

++ PRD leader in Tamaulipas, Miguel Ángel Almaraz Maldonado, was arrested by federal agents on charges of links to the Los Zetas group, accused of robbery and trafficking gasoline into the United States.

Another eight people were also arrested, by the Attorney General’s Office, among them José Raúl Zertuche González, who is a leader of the New Left movement within the PRD and is a member of the PRD Tamaulipas state political commission.

++ PRD senators leader Carlos Navarrete called for an investigation and for proper punishment under the law for those involved… However, he rejected any accusation linking all of the PRD to organized crime.

Navarette also called for party rights to be suspended for Miguel Ángel Almaraz Maldonado and José Raúl Zertuche González.

++ Bank of Mexico Governor Guillermo Ortiz will on Friday request a credit line of 47 billion dollars from the International Monetary Fund to shore up Mexico’s economy.

++ International Monetary Fund director Dominique Strauss-Kahn said the credit line requested by Mexico will allow international markets to recover confidence in the Mexican economy.

++ The peso strengthened to 14.05 pesos per dollar at the selling rate and 13.60 pesos at the buying rate.

++ Speaking before the British Parliament President Felipe Calderón said that he will defend the bounties of free trade during the G-20 Summit and will warn against a return to protectionism that would block a resolution to the economic crisis.

++ The U.S. Drug Enforcement Agency, the DEA, identified “hundreds of cells” operating in U.S. territory under orders from Mexican drug cartels as “the biggest threat to national security.”

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