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
XINHUA German automotive manufacturer Volkswagen (VW) will invest $233.5 million to expand its engine plant in the central Mexican state of Guanajuato, in a bid to boost production capacity aimed at the North American market, the company announced on Thursday, Nov. 12. Added capacity will be used to manufacture the new EA211 turbo-charged engine at the VW plant in Silao,
Read more
By RICARDO CASTILLO Alfaro’s Political Ambitions Squelched Up until last week, Jalisco Governor Enrique Alfaro had been looking a lot like a 2024 presidential hopeful. But then all hell broke loose on his would-be candidacy. It all started with the arrest and apparent murder of a 30-year-old construction worker named Giovanni López at the hands of municipal police in Ixltahuacán
Read more
By RICARDO CASTILLO Bleak Outlook on Poverty There is no question that Mexico’s gross domestic product will plummet this year. The question is how much it will fall, and guesses range from between 5.7 percent to 10.5 percent. A recent study by the National Council for the Evaluation of Social Development (Coneval) presented two different economic scenarios for the rest
Read more
By RICARDO CASTILLO Storm Brews over Clean Energy Ban After the vociferous reaction from a number of top Mexican and international business organization leaders against the new ordinance published in the Official Gazette on Friday, May 15, by the Energy Secretariat called the Policy of Trustworthiness, Security, Continuity and Quality in the National Electricity System, as well as a myriad
Read more
XINHUA Japanese Honda and German Audi automobiles said Wednesday, March 19, that they were temporarily suspending production in their plants in Mexico due to a lack of inputs and a weak demand for vehicles amid the global COVID-19 pandemic. Honda said it will idle its plant in central Guanajuato state from March 23 to March 31, as part of a
Read more
By THE PULSE NEWS MEXICO STAFF As part of an extended promotion of Mexico’s Buen Fin discount holiday – slated for the Friday, Nov. 16, though Monday, Nov.19 – the Premium Outlets Punto Norte shopping mall will be raffling an Audi A3 sedan to customers who spend at least 500 pesos between Sept. 12 and Nov. 21. With more than
Read more