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News Article

Sheinbaum: Committee Reviews All Deaths in Mexico City

By Ricardo Guzman | Fri, 05/08/2020 - 22:01

Mexico City Head of Government Claudia Sheinbaum said all deaths in the city are reviewed by a technical committee. “There is a technical committee of scientific specialists that determines whether deaths have to do with COVID-19 or not,” she said during today’s special briefing in National Palace where she also reported 696 deaths and 8,705 confirmed cases in the capital.

Sheinbaum said that as of Thursday night there were 2,525 non-intubated and 899 intubated patients in Mexico City and that all the local information is reported to federal authorities.

 

As of Friday, May 8

1,960     new cases (from yesterday)

31,522   confirmed cases nationwide

20,571   under investigation

3,160     deaths

 

Impact on markets (19.30 hrs)

US Dollar              MX$23.76            (-1.07%)

BMV IPC               37,623.68             (2.26%)

Dow Jones          24,331.32             (1.91%)

 

Hugo López-Gatell explains figures

After The New York Times, El País, The Wall Street Journal and The Washington Post said Mexican authorities are underreporting COVID-19 deaths, Deputy Minister of Health Hugo López-Gatell acknowledged that there are cases of people who died with similar symptoms, but were not properly registered because deaths are defined by a medical ruling. “Deaths of people with COVID-19 cannot always be demonstrated because they are arriving, particularly now in Phase 3, in such serious condition that it is impossible to have timely testing,” he said. López-Gatell recognized that official statistics lack these results. "We said before that cases diagnosed by ruling are still missing from the official report”, he said.

 

Landau is concerned about supply chains

US Ambassador to Mexico Christopher Landau said he is concerned about the Mexican government's handling of supply chain recoveries. During a keynote in a conference held by the Wilson Center Institute and the Mexican Council on Foreign Relations COMEXI, Landau noted that stronger cooperation among all USMCA partners is needed. “I am very concerned that Mexico is not handling the issue of supply chains well during this crisis. I think this is a time when Mexico could benefit,” he stated. Landau also said that Mexico must welcome private investment, mainly in the energy sector. “I hope that Mexico welcomes foreign investment and recognizes the benefits of such investment,” he said.

 

Automotive industry plummets

The COVID-19 pandemic stopped almost the whole automotive industry in Mexico in April as vehicle production fell 98.7 percent and exports plunged 90.2 percent, according to an INEGI report. In April the total production amounted to 3,722 units when a year earlier it had reached 300,106 vehicles. Audi, BMW, FCA, General Motors, Mazda, Honda-Nissan, Toyota, Volkswagen and JAC did not assemble a single unit in this period. KIA and Ford reported the production of 3,704 and 18 vehicles, respectively.

 

López-Gatell to be summoned by congress

Given criticisms in “prestigious international newspapers”, the Congress will summon Deputy Minister of Health Hugo López-Gatell to clarify the handling of figures on infections and deaths by the COVID-19 pandemic. “We are going to summon López-Gatell to appear in front of the Permanent Commission. The one who has caused the confusion is López-Gatell,” said PRI senator Manuel Añorve.

 

Peso ends week with gains

The Mexican peso closed Friday with gains against the US dollar following news of the US trade dispute with China. The exchange rate ended operations at MX$23.76 units per greenback, according to Banxico.

 

INEGI cancels employment survey

Given the health emergency that prevents mobility of INEGI personnel and face-to-face interviews, the institute has canceled the publication of the results of the National Survey of Occupation and Employment, scheduled for May 27 and June 23.

Ricardo Guzman Ricardo Guzman Editor