Tag Archives: Banco de México

Expectations for Videgaray Warrant

By RICARDO CASTILLO A request for an  arrest warrant from Mexico’s Fiscal General against former Treasury and Foreign Relations Secretary Luis Videgaray Caso bounced by a federal judge last weekend and not only prevented a major scandal for Videgaray, but also reinforced the fact that the so-called “attorneys for the people” just cannot manage to put a viable case together.

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Pandemic Affects Mexico’s 2021 Federal Budget

By RICARDO CASTILLO The verbal brawl between 10 protesting state governors who ganged up against Mexican President Andrés Manuel López Obrador (AMLO) regarding “the fiscal pact” continues as the Senate approved on Wednesday, Nov. 28, the preliminary proposal for the nation’s 2021 federal budget. In Pulse News Mexico, we reported that a group of rebellious governors threatened secession. We did

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Mexican Governors Threaten AMLO With Legal, Political Battles

By KYLIE MADRY  Mexican President Andrés Manuel López Obrador (AMLO) has long been disliked by members of the opposition parties, who formed the country’s ruling class until AMLO and his National Regeneration Movement (Morena) took power. That distaste is turning into open revolt, as the president faces threats from the rightwing National Anti-AMLO Front (Frena), the newly formed Sí por

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Federalist Alliance Threatens Secession from Mexico

By RICARDO CASTILLO In 10 separate gatherings of the so-called Federalist Alliance, the governors of as many Mexican states held meetings to demand that President Andrés Manuel López Obrador (AMLO) not drastically cut their income in the 2021 national budget. They also protested against the recent elimination of 109 federally funded trusts that sprinkled money into their states. In tandem,

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