Last updateTue, 15 Jul 2014 3pm

International news briefs

Car insurance to be obligatory on federal roads

From September all vehicles being driven on Mexico’s federal highways that were manufactured after 2011 with a value of 186,732 pesos or more must carry obligatory insurance.  Cars produced prior to 2011 will be incorporated into the program in the years  2015 to 2018, according to a press release issued by Mexico’s Treasury Department (Hacienda).  Minimum third-party coverage is required.

Chrysler recalls 870,000 vehicles

Chrysler is recalling around 870,000 of its Grand Cherokee and Durango SUVs covering the 2011 through 2014 model years. The company says because corrosion may make the vehicles’ brakes harder to use.  Chrysler is recalling 644,000 units in the United States, 42,380 units in Canada, 21,376 in Mexico and 159,685 in the rest of the world. Specifically, vehicles will have their brake booster inspected. If the booster works correctly, dealers will simply add a new shield. If not, the booster will need to be replaced. Owners should expect to begin receiving notification at the start of next month.

Grandmother busted over drug tunnel discovery  

Glennys “Gladys” Rodriguez, a 73-year-old  from Chula Vista, California, has been arrested for allegedly overseeing the construction of a tunnel used to move drugs across the border from Mexico into the United States.  ICE officers discovered the tunnel in a San Diego warehouse hidden behind boxes of televisions.  According to ICE, this was the sixth cross-border passageway discovered in the San Diego area in the past four years.

Banco de Mexico warns public about digital currencies

Mexico’s central bank has issued its first statement on the use of digital currencies such as Bitcoins, noting that “they are not legal tender currency in Mexico, since the Bank of Mexico does not issue nor back them.”  The bank warned of “the inherent risks of acquiring these assets and using them as substitutes for conventional methods of payment.”