By THE PULSE NEWS MEXICO STAFF The leftist government of Mexican President Andrés Manuel López Obrador (AMLO) announced this week that it will now restrict fuel imports to state-run agencies, thus dealing yet another blow to private-sector energy companies. On June 11, the Mexico’s Tax Administration Service (SAT) published a change to its foreign trade rules forbidding private parties from
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By RICARDO CASTILLO Roberta’s Back In May 2018, then-outgoing U.S. Ambassador to Mexico Roberta Jacobson made a prediction, saying that she was not saying goodbye but rather “so long.” On Tuesday, March 23, Jacobson kept her promise and returned to Mexico, this time as U.S. President Joe Biden’s southern border affairs representative. Jacobson led a committee of U.S. officials in
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By THE PULSE NEWS MEXICO STAFF The American Chamber of Commerce in Mexico (Amcham) said Friday, Feb. 5, that President Andrés Manuel López Obrador’s (AMLO) proposed electricity reform bill “represents a giant step backwards for the sector’s ability to compete, the nation’s state of law and sustainable development for the country.” In a written statement, the business organization pointed out
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By RICARDO CASTILLO The tip of the iceberg appeared last April in the form of three outages in the Yucatan Peninsula, each affecting approximately 1.6 million electricity users. Back then, the Mexican state-owned company Federal Electricity Commission (CFE) blamed the blackouts on rural cane field fires and line failures. The rest of the iceberg emerged last month, and the truth
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