By RICARDO CASTILLO Ominous Holiday Warning After expert epidemiologists forecast an ominous surge of covid-19 infections for January, Mexican President Andrés Manuel López Obrador (AMLO) issued a public call on Friday, Dec. 4, for people to avoid attending traditional holiday “posadas” gatherings, which usually begin in mid-December and run through Christmas Eve, and to stay home as much as possible
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By RICARDO CASTILLO Alfonso Romo Quits Mexican President Andrés Manuel López Obrador’s (AMLO) chief of staff for the past two years, entrepreneur Alfonso Romo, turned in his resignation on Wednesday, Dec. 2. Speaking during his morning press conference on Thursday, Dec. 3, AMLO that Romo “will continue to be my liaison with the business sector.” “The truth is that he
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By RICARDO CASTILLO During his second annual State of the Nation Address on Tuesday, Dec. 1, Mexican President Andrés Manuel López Obrador (AMLO) said that, thanks to the mega energy projects his government has implemented and the financial rescue of the state-run Petróleos Mexicanos (Pemex) oil interest, the country will cease importing gasoline in the year 2023. “This will happen
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By RICARDO CASTILLO Mexico Pre-Purchases Covid Vaccines Mexico clinched the purchase of 200 million anti-covid-19 vaccines to protect 100 million people (about 80 percent of the population), the Foreign Relations Secretariat (SRE) announced through Twitter on Friday, Nov. 27. SRE Secretary Marcelo Ebrard and the secretariat’s team of vaccine procurement buyers for individual laboratories and the World Health Organization (WHO)
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XINHUA Mexico’s economy faces an environment of uncertainty and risks, mainly due to the possibility of a second wave of novel coronavirus (covid-19) outbreaks, the governing board of the central Bank of Mexico (Banxico) said on Thursday, Nov. 26. In the recently released minutes of a Nov. 12 monetary policy meeting, the majority of the board’s five members said they
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By RICARDO CASTILLO Outsourcing Vote Postponed The Mexican Chamber of Deputies postponed the vote on the outsourcing regulation bill, which was slated to take place on Thursday, Nov. 26. Now, the debate over it will continue until sometime next week. The decision came after there was an exponential increase of speakers taking the podium from 70, on Monday, Nov. 23,
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By RICARDO CASTILLO Businesses Hit the Outsourcing Panic Button The start of an Open Parliament to discuss Mexican President Andrés Manuel López Obrador’s (AMLO) proposed reform of outsourcing practices forced the leading business organization representatives to call for an emergency meeting with him that very same day. The president received the businessmen at the National Palace. Given the positioning of
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By RICARDO CASTILLO Cienfuegos, Talk of the Town The release last week of former Mexican Defense Secretary Salvador Cienfuegos from an imminent trial in the United States by U.S. Attorney General William Barr continues to be the talk of the day in Mexico. The fact is is that nobody has the hard facts needed to have a sound opinion on
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XINHUA Mexican financial authorities announced on Friday, Nov. 20, that the country has maintained the necessary criteria for access to the Flexible Credit Line it has with the International Monetary Fund (IMF), as the economy has shown “resilience” despite the covid-19 pandemic. The Mexican Foreign Exchange Commission reported that the IMF’s executive board completed the midterm review of the country’s
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By RICARDO CASTILLO Yes for Mexico Alliance May Be a No-Go After last week’s announcement that a new political front to combat Mexican President Andrés Manuel López Obrador (AMLO) and his National Regeneration Movement (Morena) party majority in Congress by business representative and Sí por Mexico (Yes for Mexico) movement conceivers Claudio X. González and Gustavo de Hoyos with the
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