Mexico Enters Phase 2 Of Strategy Against Coronavirus

  • Mexico Enters Phase 2 Of Strategy Against Coronavirus

Mexico Enters Phase 2 Of Strategy Against Coronavirus

The New York state-based company has repeatedly denied that is the case.

Lopez Obrador later wrote on Twitter that he would speak at his daily news conference on Tuesday about plans to protect Mexico's most "vulnerable" population, adding that the country had sufficient public finances.

As part of his regular social media video posts, Lopez Obrador visits little-known parts of Mexico to promote the culture and tourism. Both had low turnouts.

Constellation didn't instantly reply to a request for remark.

Constellation's shares tumbled 12% on Monday to shut simply above $105, down from a earlier excessive of $208 on February 20. The U.S. -based company previously said it would consider other locations if Mexico became problematic.

Only 36,520 people in Mexicali, a city of 1 million, cast valid votes.

That meant only about 4.6% of Mexicali's electorate participated, according to employers' confederation Coparmex, which slammed the process.

Lopez Obrador stated his assist for the results of the native referendum didn't imply his authorities opposes worldwide personal investment, including that he deliberate to debate another website for the brewery with Constellation.

The Mexican authorities stated on Monday that native residents voted by about 76% to reject the completion of a greater than $1 billion brewery beneath development by Constellation Manufacturers Inc (STZ.N), a improvement more likely to additional shake investor confidence.

After the Mexican government and the World Health Organization acknowledged local coronavirus transmission in Mexico, the country is moving to phase two of its strategy against the COVID-19 pandemic.

Travel on the US borders with Canada and Mexico has dropped significantly in the past week, as the Trump administration attempts to slow the spread of COVID-19.

"Surely the US government is directly talking to the Mexican foreign ministry about this", the person said, speaking on condition of anonymity due to the sensitivity of the matter.