By RICARDO CASTILLO World super middleweight boxing champion Saúl “Canelo” Álvarez on Saturday, Feb. 27, outpunched Turkish challenger Avni Yildirim to retain his World Boxing Council (WBC) and World Boxing Association (WBA) belts at Miami’s Hard Rock Stadium. During the first two rounds, the 30-year-old Álvarez, a native of Guadalajara, México, studied Yildirim’s style, and by the third round ,he
Read more
By RICARDO CASTILLO Cabeza de Vaca Jumps the Gun After Tamaulipas Governor Francisco García Cabeza de Vaca, along with his fellow National Action Party (PAN) deputies, headed by minority leader Carlos Romero Hicks, took the facility nearly by storm on Wednesday, Feb. 24, and held a press conference claiming that he was a victim of a witch hunt being directed
Read more
By RICARDO CASTILLO Electricity Bill It will come as no surprise for most people in Mexico that President Andrés Manuel López Obrador’s (AMLO) Electricity Reform Bill was approved by the Chamber of Deputies, as programmed by Congress’ majority rule, now in the hands of the leftist National Regeneration Movement (Morena) political party, and will now head to the Senate. If
Read more
By RICARDO CASTILLO Electricity Reform Bill Mexican President Andrés Manuel López Obrador (AMLO) on Sunday, Feb. 21, pleaded with Congress to pass his electricity reform bill. “I hope next week the (electricity) reform I presented to Congress will be approved to help strengthen the (state-owned) Federal Electricity Commission (CFE),” he said. AMLO spoke about the electricity bill in two acts
Read more
By RICARDO CASTILLO Texas Gas Shortage The Arctic vortex that hit Texas and the north of Mexico on Monday, Feb. 15, did not catch the Federal Electricity Commission (CFE) unprepared, said the commission’s director, Manuel Bartlett Díaz. The cold spell was expected, and the subsequent gas shortage it produced was also to be expected, he said, but not just for
Read more
By RICARDO CASTILLO Outages Set Off Political Sparks The electricity outages on Monday, Feb. 15, in six northern Mexican states may have been caused by the freezing temperatures affecting Texas, but they set off a new round of heated debates at Mexico’s Chamber of Deputies over President Andrés Manuel López Obrador’s (AMLO’s) Electricity Bill. Beyond Texas’ pumped gas shortage,
Read more
By RICARDO CASTILLO MLK III at Guerrero Homage Martin Luther King III, the eldest son of U.S. civil rights activist MLK, Jr., was the keynote speaker Sunday, Feb. 14, at the homage paid to the memory of Mexico’s second president, Vicente Guerrero. Guerrero was killed 190 years ago at Cuilápa, Oaxaca. Guerrero, a descendant of African slaves brought to Mexico,
Read more
By RICARDO CASTILLO AMLO on an Electrical Collision Course Mexican President Andrés Manuel López Obrador (AMLO) clearly sent a “suggestion” to the Chamber of Deputies in regards to their discussions over the increasingly controversial bill regulating the state-owned Federal Electricity Commission (CFE). “Do not change even an iota of the text” that they had received from him for a fast-track
Read more
By RICARDO CASTILLO Mexico’s top financial authorities issued an alternative banking program to help Mexican migrant workers in the United States make the most out of their remittances, which in 2020 amounted to over $40 billion. The alternative banking plan comes as a response to the Bank of Mexico bill proposed by the country’s majority party, the National Regeneration Movement
Read more
By RICARDO CASTILLO Ancira Negotiations Imprisoned Mexican steel tycoon Alonso Ancira’s lawyer, José Luis Castañeda, continued negotiations at the Mexico City North Penitentiary late Tuesday, Feb. 9, and finally came up with a figure that his client will have to pay to win his freedom. In an out-of-court negotiation still to be ratified, Mexico’s state-run oil company Petróleos Mexicanos (Pemex)
Read more