Nearshoring picked up steam when the covid-19 pandemic exposed the considerable risks inherent in the supply chains for numerous critically important products and intermediate goods for which there was often a single supplier
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PULSE NEWS MEXICO Mexico’s state-owned Federal Electricity Commission (CFE) lost an international arbitration case last year against Canada’s ATCO Ltd and had to pay compensation of more than $85 million, according to three people familiar with the matter. Although the case involved the construction of a gas pipeline that had been contracted by the previous administration, it shows the type
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PULSE NEWS MEXICO Conrado Mendoza Almeda, the mayor of San Miguel Totolapan in Mexico’s coastal state of Guerrero, and 17 other people were killed late Wednesday, Oct. 5, in an armed attack on the town’s municipal palace. The town is located in the state’s extremely violent Tierra Caliente region, currently under a turf war between opposing drug cartel groups. Also
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By JESSICA GUERRERO MORELIA, Michoacán — For years, Mexican politics have been nurtured by high-profile personalities from different areas of Mexican society such as celebrities, businessmen, writers and prominent athletes. This situation, far from being caused by the scarcity of members of the political parties, is rather a strategic move by these institutions to attract voters on a large scale, taking
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By THÉRÈSE MARGOLIS Up until just recently, the idea of long-stay hotels in Mexico was relatively alien. If you were planning a trip of a week or more, you could either rent a fleabag with so-so accommodations and dubious amenities such as an only-works-once-in-a-while washing machine or not-very-reliable internet service, or pay full-fair for a standard hotel room that might
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OPINION By RICARDO CASTILLO For four Mexican opposition political parties, it is the lull before the storm, scheduled for Sunday, June 5, when elections for governor will be held in six states. For sure the leaders of those parties are keeping up the competitive spirit, claiming the candidates they support will come out victors, a hope contenders claim is wishful
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By THE PULSE NEWS MEXICO STAFF Mexico’s National Consumer Price Index (INPC) soared to 5.87 percent in the first half of September, its highest level since the first half of June, the National Institute of Statistics and Geography (Inegi) reported on Thursday, Sept. 23 The index registered its highest level since the first half of the sixth month of this
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By THE PULSE NEWS MEXICO STAFF Despite the fact that Mexican President Andrés Manuel López (AMLO) has repeatedly said that the state-run oil venture Petróleos Mexicanos (Pemex) will no longer use fracking practices to extract oil, Pemex on Wednesday, Sept. 15, presented a request for 11.657 billion pesos for a new fracking extraction project in 2022. The request represented a
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By ALEJANDRO ENVILA FISHER Mexican President Andrés Manuel López Obrador’s (AMLO) appointment of former Tabasco Governor Adán Augusto López Hernández to replace Olga Sánchez Cordero to head the nation’s Interior Secretariat (Segob) smacks of political maneuvering and foreshadows further plans to restructure the presidential team with an undeniable hint of succession. At first it seemed that López Hernández appointment was just
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By THÉRÈSE MARGOLIS Despite a dramatic 74 percent uptick in violent crimes, a 7.3 percent increase in poverty, a contraction of the national economy every year since he took office, and, lest we forget, a dismal mismanagement of the covid-19 pandemic that has resulted in the deaths of nearly 260,000 Mexicans (and that’s just based on the official numbers, outside
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