Tag Archives: Argentina

AMLO’s Electricity Reform: A National Disaster in the Making

OPINION By ALEJANDRO ENVILA FISHER If the cancellation of the construction of New Mexico City International Airport (NAICM) in Texcoco had devastating effects on the Mexican economy — due to the exorbitant cost (estimated by the government’s own Superior Audit offices as being somewhere between 184 billion pesos and 332 billion pesos) but also because of the dubious signal it

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Mexico, Chile Agree to Promote Joint LatAm Voice

XINHUA The governments of Mexico and Chile agreed to form a strategic alliance to promote Latin America’s “common voice” on the world stage, the two countries announced Friday, Jan. 7. According to a statement from Mexico’s Foreign Relations Secretariat (SRE), once Chilean President-elect Gabriel Boric takes office on March 11, the two governments will seek the support of other leftist

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Argentina Agrees to Extradite Ahumada Kurtz to Mexico

By THE PULSE NEWS MEXICO STAFF A judge in Buenos Aires, Argentina, has agreed to extradite businessman Carlos Agustín Ahumada Kurtz, who has an outstanding arrest warrant for alleged crimes of fraud, Mexico’s Attorney General’s Office (FGR) announced Wednesday, Dec. 22. Ahumada Kurtz, a duel Mexican-Argentine citizen, has been in the crosshairs of the Prosecutor’s Office for alleged acts of

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CELAC Summit Turns into Shouting Match, Global Fiasco

By THÉRÈSE MARGOLIS The sixth summit of the Community of Latin American and Caribbean States (CELAC), hosted by Mexican President Andrés Manuel López Obrador (AMLO) at the National Palace on Saturday, Sept. 18, turned into a daylong shouting match between leftist and conservative leaders, overshadowing any hopes of real regional unity and shining a negative light on AMLO’s already-dubious international

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Latin America’s Not-So-Lunatic Moonshot

By THÉRÈSE MARGOLIS Although they have yet to resolve the growing covid, economic and poverty crises back on Earth in their respective countries, six Latin American heads of state — led by Mexico’s Andrés Manuel López Obrador (AMLO) and Argentina’s Alberto Hernández — announced on Saturday, July 24, the creation of the Latin American and Caribbean Space Agency (ALCE). The

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Mexico Ranks Second Worldwide in Capital Flight

By THE PULSE NEWS MEXICO STAFF Mexico placed as the country with the second-highest rate of capital flight in February, according to a report released earlier this week by the U.S. Treasury Department. In total, $11.531 billion in government bonds and corporate securities left the country in February, the Treasury Department said. Only Brazil registered a higher rate of capital

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