By RICARDO CASTILLO It’s official: The “pharaonic” construction of the New International Mexico Airport (NAIM) was announced defunct last Dec. 27 The cancellation of the ongoing construction comes four years after former President Enrique Peña Nieto, along with the Mexico City Airports Group – in charge of building – announced its beginnings. The decision was announced by the new Mexican
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By THÉRÈSE MARGOLIS After ranting and raving throughout most of his campaign and the five months after his July 1 landslide leading up to his Dec. 1 inauguration, about the imperative need to cancel a half-built international airport on the lakebed of Texcoco, in the State of Mexico (Edoméx) to serve Mexico City’s over-extended Benito Juárez International Airport (not to mention holding
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By THÉRÈSE MARGOLIS In less than two weeks now, Mexico’s very own Man Who Would Be King (oops, I meant to say president), Andrés Manuel López Obrador (AMLO), will take office, and for the next six years, the Land of Mañana (Tomorrowland, in a truly Disney sense of the word) will no doubt move forward into an Arcadia of Never
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By RICARDO CASTILLO Here’s the sequence of events that led to a market selloff at the Mexican Stock Exchange (Bolsa Mexicana de Valores) that provoked the loss of nearly 6 percentage points and nearly 90 billion pesos over the last week, mostly for banks. First, on Wednesday, Nov. 7, came the not-so-casual news from the National Regeneration Movement (Morena) political party majority leader
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