By KELIN DILLON In the two years of the current presidential administration, Mexico’s government only gave out scholarships to 10 percent of its disabled population, while cutting millions of pesos in funding from the organization that defends their human rights, leaving the country’s disabled community hung out to dry amid the devastating covid-19 pandemic. According to the National Institute of
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By THÉRÈSE MARGOLIS British Prime Minister Benjamin Disraeli once famously quipped, “There are three kinds of lies: lies, damned lies and statistics.” The point that Disraeli was trying to make is that the selective use of numbers can bolster any argument and disguise any truths to accommodate a political agenda. Nowhere is that persuasive power of carefully culled figures more
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By RICARDO CASTILLO Pemex Drops Fitch, But It’s Not Reciprocal The Mexican state-owned oil company Petróleos Mexicanos (Pemex) dropped the international ratings firm Fitch from its budget on Tuesday, March 2, saying that it “no longer needs” the New York-based company’s services. Fitch’s ratings of the humongous Pemex debt has been harsh, and in its latest move. Fitch downgraded
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By KELIN DILLON Since taking office in December 2018, Mexican President Andrés Manuel López Obrador (AMLO) has been increasingly flexing his mounting power, showing anyone who dares to cross him that they will face his angry retribution, as he attempts to consolidate the government’s control over the nation. López Obrador has now come for the Superior Audit of the Federation
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By KELIN DILLON Mexico’s Attorney General (FGR) on Tuesday, Feb. 23, accused current Tamaulipas Governor Francisco Javier García Cabeza de Vaca of committing a number of crimes, including collaborating with organized gangs and tax fraud, creating outrage among the leftist National Regeneration Movement (Morena) opposition, and raising questions about just how far President Andrés Manuel López Obrador’s (AMLO) Morena will
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By KELIN DILLON Mexico’s Superior Audit of the Federation (ASF) backtracked on the numbers released in it’s 2019 public audit of the New Mexico International Airport’s (NAIM) cancellation, citing inconsistencies in methodology, alleging the real cost to be lower than previously reported. The ASF’s initial audit found the NAIM’s cancellation cost 331.9 billion pesos, 232 percent more than estimated by
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By KELIN DILLON Mexico’s American Benevolent Society (ABS) held its 153rd Annual General Meeting via Zoom on the evening of Monday, Feb. 22, celebrating over a century and a half of serving the U.S. community in Mexico, and handing out its annual Cherry Pie Award for community service. ABS President Bill Biese, who has served on the board for over
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By KELIN DILLON Mexico’s Superior Auditor of the Federation (ASF) calculated that the cancellation of the New Mexico International Airport (NAIM) back in 2018 cost the nation 331.9 billion pesos, almost three times its projected amount. Mexican President Andrés Manuel López Obrador’s (AMLO) National Regeneration Movement (Morena) government previously estimated the cancellation to cost 100 billion pesos, and touted the
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By THE PULSE NEWS MEXICO STAFF The American Society will host a belated Fourth of July celebration at the American School Foundation (ASF) campus on Saturday, July 6, starting at 2 p.m. The event will include a traditional lunch of hotdogs, hamburgers, French fries, tacos and all the trimmings. There will also be live entertainment and plenty of family fun.
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By RICARDO CASTILLO There’s no question about it: Mexico’s once-prolific cash cow has run dry. The country’s economic national pride, the state-run oil giant Petróleos Mexicanos (Pemex), is now in financial straits, with its latest corporate report showing that just in the last quarter of 2018, it “lost” over 2 billion pesos. That definitely makes Pemex the only oil company
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