Weekend Recap: Key Global and Mexican Business Developments September 12-13

The past weekend presented several significant developments with the potential to influence the business decision-making environment. From geopolitical tensions in the Middle East and their potential impact on oil markets to new signals regarding supply chain security and the global debate on artificial intelligence development, the international agenda remains multifaceted and warrants close attention. In Mexico, President Claudia Sheinbaum focused on accountability initiatives and social programs, while also announcing new educational materials designed to enhance mathematics and reading comprehension skills.

Key Business Impacting News in Mexico and Globally

Trump Puts Oil and the Middle East Back on the Business Radar

One of the international events with the greatest potential to impact the global economy was the statement by U.S. President Donald Trump, who raised the possibility of the United States remaining in Iran after an eventual conclusion to the war and even taking the country’s oil.

“We will leave eventually. Unless we decide to stay and take the oil, like in Venezuela,” Trump told reporters during his visit to the Irish Open golf tournament in Ireland. This statement introduces an additional element of uncertainty into a scenario that already carries implications for energy markets.

In parallel, a planned meeting between the Gulf Cooperation Council (GCC) states, Iraq, and Iran was postponed. Oman and Qatar indicated that the objective is to create suitable conditions for constructive dialogue to achieve sustainable agreements.

Amazon Suspends Operations with Airline Following Cargo Plane Accident

In the United States, Amazon decided to suspend operations with 21 Air LLC, the company that owned the cargo plane involved in an accident at Miami International Airport. The aircraft, a Boeing 767-300 manufactured in 1994 and operated by an Amazon contractor, veered off the runway on September 6th, breached a perimeter fence, and collided with two vehicles. The incident resulted in five fatalities. Amazon stated that following the accident, it reviewed the circumstances related to the service and decided to suspend operations with 21 Air pending the outcome of the investigation.

Fire at Migrant Detention Center in Chihuahua

Meanwhile, in Mexico, a fire that occurred early Saturday morning at a migrant detention center in Janos, Chihuahua, left no injuries, according to authorities. The National Institute of Migration reported that 33 foreigners held in the men’s section were temporarily relocated to other areas. Preliminary reports suggest the incident may have been caused by vandalism to an air conditioning unit.

Sheinbaum Reports 330,000 Attendees at Accountability Assemblies

Domestically, Claudia Sheinbaum reported that approximately 330,000 people have participated in the “Honesty and Results” assemblies held across 18 states in Mexico. During her visit to Hidalgo, the president also highlighted the reach of the “Programs for Well-being” in that state. According to the data presented, 1,109,427 residents of Hidalgo are currently receiving one of these benefits.

Mexico Prepares New Materials for Math and Reading

Another national announcement over the weekend was the creation of new supplementary materials for mathematics and reading, slated for implementation in 2027. Sheinbaum explained that the mathematics material will be developed with the input of teachers and specialists from the Educational Mathematics postgraduate program at the National Polytechnic Institute (IPN), aiming to support both educators and students. The reading materials will incorporate stories, poems, and basic texts, along with content adaptable to different regions of the country. The president acknowledged that Mexico needs to improve its performance in mathematics and reading comprehension, following low results in the recent PISA evaluation.

According to the mentioned data, around 30% of Mexican students achieved basic proficiency in mathematics, compared to an OECD average of 65%.

Artificial Intelligence: Between Innovation and Risk

Finally, the debate surrounding artificial intelligence once again took center stage in the United States. Dario Amodei, CEO of Anthropic, called for a slowdown in the development of this technology to more thoroughly assess its potential risks. This stance received public endorsement from Sam Altman, CEO of OpenAI, and entrepreneur Elon Musk. Amodei even warned about the possibility of an AI capable of controlling the internet being developed within six to twelve months. Simultaneously, Donald Trump and various Republican figures rejected the idea of halting or slowing down AI development.

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