Mexico to Reopen Cancun to Tourism Next Week
(Bloomberg) -- President Andres Manuel Lopez Obrador held his daily press conference from the state of Quintana Roo to mark the beginning of Mexico's economic reopening and resume his tours across the country.
Quintana Roo, home to the famed beaches of Cancun and Tulum, will resume activities next week. The state, which depends heavily on tourism, has lost over 83,000 jobs in the last few months due to the pandemic, said governor Carlos Joaquin Gonzalez. The decision to reopen the tourism industry in the state has to do with a downward trend in contagion, he said, and added the reopening will be slow and progressive.
Other topics
- The president will kick-off the construction of the Maya Train this week. The fifth tranche of the project will be auctioned this month
- Lopez Obrador said the presidential plane might not return to Mexico given that a potential buyer has made an offer. The president said half of the payment would be made in cash and half in medical equipment, and that a decision should be reached in 15 to 20 days time. The government has unsuccessfully tried to sell the aircraft since Dec. 2018
- Lopez Obrador said contagion is under control in Mexico City and that there has been a decrease in cases. But city authorities continue to call on people to stay at home as the capital remains a high risk area with the highest number of cases in the country
- Mexico Reports 3,152 New Covid-19 Cases on Sunday
- Low sargassum is expected for Mexico's Caribbean beaches in the months of May through July, said Navy Minister Jose Rafael Ojeda. The foul-smelling algae has scared away tourism in previous years
- Mexico will focus on local tourism to reactivate the industry and try to attract U.S. and Canadian tourists in the winter season, said Tourism Minister Miguel Torruco
- The government will recommend shutting down economic activity if Mexico experiences a new surge of covid-19 cases during the reopening period, said Lopez Obrador
The press conference can be seen here
©2020 Bloomberg L.P.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.