This week’s column: UKSA! UKSA! UKSA! Westminster’s obsession with America leads to bad policy, silly economics, dull conversation and homogeneous bookshelves economist.com/britain/2022/0…

The UK + Mexico have started negotiations on a trade deal to replace the 20-year-old existing one. Bilateral trade is currently tiny at about £4.2 bln, less than 1% of Mexico’s goods trade with the US. on.ft.com/3ltuk6n 🇬🇧 🇲🇽 🤝

El Reino Unido y México han iniciado negociaciones sobre un acuerdo comercial para reemplazar el actual que existe desde hace 20 años. El comercio bilateral ahorita es pequeño, < del 1% del comercio de bienes entre México y Estados Unidos. ft.com/content/e667e5… 🇲🇽🇬🇧🤝

Ruling on US pandemic border restrictions leaves thousands in limbo in Mexico “The border continues to be essentially a confusing patchwork of policies with little rhyme or reason behind them.” on.ft.com/3Ga7la8 Financial Times

Is the three-decade era of globalisation ending? 'Mentions of nearshoring, onshoring and reshoring on corporate earning calls and investor conferences are at their highest level since at least 2005': ft.com/content/059987… via Financial Times

En entrevista, Scott Galloway me dice sobre los 'unicornios' latinoamericanos: “Muchos de estos jóvenes nunca han oído hablar de una ronda bajista. Eso está a punto de cambiar”: elpais.com/economia/2022-…

A reminder that in close to six months it will be the 10-year anniversary of the Sandy Hook elementary school shooting and since that day Congress has not passed a single piece of gun control legislation.

Tried to visit the gun store that sold weapons to the Uvalde gunman. Was stopped in parking lot by management. It’s open but I’m not allowed in. Asked why… “You have a notepad… and an accent.”

There are hundreds of new fintechs in Mexico, but financial inclusion has actually gotten worse in the last few years. More than 80-90% of transactions still done in cash, new products are mostly aimed at already-served urban users. reuters.com/business/finan…

Developing nations are being hit hard by the oil shock. “The affluent world is going to have their holidays & burn jet fuel...the divide between the prosperous & the countries that have a lower ability to pay for commodities is becoming extremely stark” bloomberg.com/news/articles/…

Two of El Salvador's top investigative reporters left the country before publishing their latest big piece: 'Carlos finally clicked a button and the story went online. The brothers embraced. “Let’s see...if we’ve just ruined our lives.”' latimes.com/world-nation/s… Kate Linthicum

Mexican lawmakers passed deep cuts to election watchdog INE. Critics say its the biggest threat to democracy since the end of one-party rule. “He is destroying the work and fight of millions of Mexicans to create a democratic, impartial system,” one said enterprise-sharing.ft.com/redeem/eb4963e…

Tesla will build a new electric vehicle plant in Monterrey, Mexico. The country is benefitting from inclusion in President Biden’s IRA green subsidies that sparked tension with Europe. enterprise-sharing.ft.com/redeem/4fc4ebf…

El Salvador's president built a mega prison for 40,000 inmates (equivalent to two-thirds of Germany’s total prison population) At capacity it would give about 0.6 sq metres of cell space per person. ft.com/content/d05a1b… Alan Smith

Mexico’s peso is the world's top performing major currency this year as high interest rates, tight fiscal policy and nearshoring made it a favourite for FX investors. “Within Latin America, Mexico looks very good in almost every way,” one analyst said. ft.com/content/45185d…

39 people died in a fire at a Mexican migration detention facility. Most were from Central America and Venezuela. Its “a clear demonstration of the deadly consequences of the US’s outsourcing of immigration enforcement to Mexico,” one rights group said. ft.com/content/789f79…

Mexico's government will pay Iberdrola $6 billion to buy the bulk of its power-generating plants. The Spanish company plans to spend that money in the US and Europe. ft.com/content/c239c2… With Barney Jopson Michael Stott

US prosecutors charged the sons of ‘El Chapo’ and Chinese chemical business owners in sweeping fentanyl indictments. Under increasing pressure, Mexico has also agreed to take measures to "drastically reduce" imports of fentanyl raw materials. enterprise-sharing.ft.com/redeem/7a905ff…

Cities along the US-Mexico border are seeing large numbers of migrant crossings ahead of the end of Title 42 today. More are expected. “The messages that migrants themselves get about what’s happening is not always what policymakers intend.” enterprise-sharing.ft.com/redeem/d83d8ed…