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– Mexican President Enrique Peña Nieto has rejected the attempts to “influence companies’ investment decisions through fear or threats,” following Donald Trump putting pressure on U.S. companies with interests in Mexico.

Peña Nieto also maintained that he will seek to negotiate trade, security and migration issues with the incoming U.S. President and that he will continue to promote free trade among the North American countries.

– President-elect Donald Trump’s nominee for Secretary of State Rex Tillerson said China must be denied access to artificial islands built in the South China Sea, a move that would raise the risk of conflict between the world’s biggest economies.

– In Spain, the Corporate Competitiveness Council, the lobbying group comprised of large Spanish corporations, and the Institute of Family-owned Businesses have agreed to cease their operations, believing that they have accomplished the goals they set for themselves six years ago.

– The U.S. has confirmed that Volkswagen will have to pay a $4.3 billion fine for deceiving U.S. consumers by selling them products that did not comply with environmental regulations.

–  Japanese Prime Minister Shinzo Abe will meet with the Philippine President Rodrigo Duterte in Davao.

Contact: Communications