On this episode of THE MODERN MEXICO PODCAST, host Nathaniel Parish Flannery speaks to BLOOMBERG journalist Maya Averbuch about the problem of cargo truck hijacking in Mexico.
Mexico is now considered to be the worst hotspot for cargo truck hijacking with over 100,000 violent in-transit robberies occuring over the last five years. These incidents have resulted in billions dollars of losses over the last decade. Companies including GM, Coca-Cola, Wal-Mart, Amazon, and Philip Morris have all been affected.
Cargo truck hijacking has become a major problem in Mexico.
During President Claudia Sheinbaum’s administration, Mexico has a unique opportunity to encourage foreign investment in manufacturing.
Many cities in Mexico are experiencing a boom in new industrial investment. But, foreign executives managing new facilities and operations in Mexico are discovering that Mexico presents some unique challenges when it comes to dealing with organized crime.
According to the Global Organized Crime Index, Mexico is ranked as the world’s third worst country in terms of organized crime.
For the last 20 years the generally accepted explanation has been that organized crime in Mexico typically tries to avoid messing with foreign manufacturing companies.
For the most part, criminal groups have largely avoided kidnapping foreign executives or trying to extort companies operating factories.
But, there is one type of crime that does directly impact foreign companies: cargo truck hijacking.
Many remote stretches of highway in Mexico have become major hotspots for violent cargo robberies.
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On this episode of THE MODERN MEXICO PODCAST, host Nathaniel Parish Flannery speaks to BLOOMBERG journalist Maya Averbuch about the problem of cargo truck hijacking in Mexico.
Mexico is now considered to be the worst hotspot for cargo truck hijacking with over 100,000 violent in-transit robberies occuring over the last five years. These incidents have resulted in billions dollars of losses over the last decade. Companies including GM, Coca-Cola, Wal-Mart, Amazon, and Philip Morris have all been affected.
Cargo truck hijacking has become a major problem in Mexico.
During President Claudia Sheinbaum’s administration, Mexico has a unique opportunity to encourage foreign investment in manufacturing.
Many cities in Mexico are experiencing a boom in new industrial investment. But, foreign executives managing new facilities and operations in Mexico are discovering that Mexico presents some unique challenges when it comes to dealing with organized crime.
According to the Global Organized Crime Index, Mexico is ranked as the world’s third worst country in terms of organized crime.
For the last 20 years the generally accepted explanation has been that organized crime in Mexico typically tries to avoid messing with foreign manufacturing companies.
For the most part, criminal groups have largely avoided kidnapping foreign executives or trying to extort companies operating factories.
But, there is one type of crime that does directly impact foreign companies: cargo truck hijacking.
Many remote stretches of highway in Mexico have become major hotspots for violent cargo robberies.
Episode 12: Can Mexico Become A Solar Energy Super Power?
The Modern Mexico Podcast
28 minutes 58 seconds
2 years ago
Episode 12: Can Mexico Become A Solar Energy Super Power?
On this episode of the MODERN MEXICO PODCAST, host Nathaniel Parish Flannery talks about Mexico's solar energy sector with Diego Rivera Rivota, a Research Associate at the Center on Global Energy Policy at Columbia University.
Mexico is one of the best potential locations for solar energy generation in the world—it has great sun with minimal seasonal variability. Overall, Mexico is well-positioned to produce competitively priced solar-generated electricity.
Over the last decade, Mexico has successfully attracted billions of dollars in new investment in solar energy. Over the last few years, Mexico's wind and solar energy production, as a share of total electricity generated, has quadrupled.
But, investment in solar energy has stalled during the administration of President Andres Manuel Lopez Obrador, a controversial populist.
Diego describes Mexican President Lopez Obrador's attitude towards renewable energy as "nationalistic, hostile, and backwards."
Overall, he gives Lopez Obrador an "F" for his solar energy policies.
"Given the stagnant result of renewable energy development I’m afraid I can only give an 'F' to this government’s energy policy in terms of renewable development. Not only has it failed to promote and increase investment in renewable energy, but the policies implemented by this government have actively undermined the development of these projects. This has meant a lost opportunity for new projects, solar panels, wind farms, but also an overall higher cost of electricity," Diego says.
Mexico still has a chance to become a solar energy super power, but to realize its potential, it needs remove obstacles and attract funding for new projects.
The Modern Mexico Podcast
On this episode of THE MODERN MEXICO PODCAST, host Nathaniel Parish Flannery speaks to BLOOMBERG journalist Maya Averbuch about the problem of cargo truck hijacking in Mexico.
Mexico is now considered to be the worst hotspot for cargo truck hijacking with over 100,000 violent in-transit robberies occuring over the last five years. These incidents have resulted in billions dollars of losses over the last decade. Companies including GM, Coca-Cola, Wal-Mart, Amazon, and Philip Morris have all been affected.
Cargo truck hijacking has become a major problem in Mexico.
During President Claudia Sheinbaum’s administration, Mexico has a unique opportunity to encourage foreign investment in manufacturing.
Many cities in Mexico are experiencing a boom in new industrial investment. But, foreign executives managing new facilities and operations in Mexico are discovering that Mexico presents some unique challenges when it comes to dealing with organized crime.
According to the Global Organized Crime Index, Mexico is ranked as the world’s third worst country in terms of organized crime.
For the last 20 years the generally accepted explanation has been that organized crime in Mexico typically tries to avoid messing with foreign manufacturing companies.
For the most part, criminal groups have largely avoided kidnapping foreign executives or trying to extort companies operating factories.
But, there is one type of crime that does directly impact foreign companies: cargo truck hijacking.
Many remote stretches of highway in Mexico have become major hotspots for violent cargo robberies.
