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Tag Archives: Banxico

The Real Reason for AMLO’s War on the Tamaulipas Governor

Posted on May 24, 2021 by Thérèse Margolis Leave a comment

By THÉRÈSE MARGOLIS Ever since he first took office in December 2018, Mexican President Andrés Manuel López Obrador (AMLO) has been pushing to consolidating his institutional power by dismantling independent institutions, mandating constitutional rewrites and discrediting his opponents through unsubstantiated charges of criminal activity. One of the most notable victims of this latter political tactic has been the current governor

Opinion

Mexico Ranks Second Worldwide in Capital Flight

Posted on May 6, 2021 by Pulse News Mexico Leave a comment

By THE PULSE NEWS MEXICO STAFF Mexico placed as the country with the second-highest rate of capital flight in February, according to a report released earlier this week by the U.S. Treasury Department. In total, $11.531 billion in government bonds and corporate securities left the country in February, the Treasury Department said. Only Brazil registered a higher rate of capital

Pulse News Mexico

Analysts Predict 4.8 Percent Growth for Mexico in 2021

Posted on May 5, 2021 by Xinhua One comment

XINHUA Private-sector analysts are now predicting that Mexico’s economy will grow 4.8 percent in 2021, up from the 4.5 percent previously projected, a survey by the Central Bank of Mexico (Banxico) announced Monday, May 3. For 2022, analysts maintained their forecast for Mexican gross domestic product (GDP) growth at 2.7 percent, according to the poll of 38 leading financial groups

Pulse News Mexico

Mexico News Roundup

Posted on April 19, 2021 by Thérèse Margolis 2 comments

By THÉRÈSE MARGOLIS Vaccine Chaos The covid-19 vaccine rollout in Mexico, which began in December of last year, has been chaotic, to say the least, with allegations of empty syringes, vaccine hoarding, preferential administration for government workers and political maneuvering. Currently, the government is dishing up a hodgepodge of both one-dose and two-dose vaccines (some internationally verified, some not) from

Opinion

Mexico News Roundup

Posted on April 16, 2021 by Thérèse Margolis Leave a comment

By THÉRÈSE MARGOLIS INE Tells AMLO to Respect Democratic Process Mexican President Andrés Manuel López Obrador (AMLO) and his bosom buddy Félix Salgado Macedonio just don’t know how to take “no” for an answer. After Mexico’s National Electoral Institute (INE) banned Salgado Macedonio from running for governor of the Pacific state of Guerrero as AMLO’s leftist National Regeneration Movement (Morena)

Mexico News Roundup

Posted on April 12, 2021 by Thérèse Margolis One comment

By THÉRÈSE MARGOLIS No Vaccines for Doctors Mexican President Andrés Manuel López Obrador (AMLO) is busy bragging about his administration’s rollout of its mishmash covid vaccines, claiming that it is on course to inoculate all the nation’s elderly population by the end of April (which it is not; there are numerous cases of eligible Mexicans who registered on the government’s online

Opinion

Mexico News Roundup

Posted on April 9, 2021 by Thérèse Margolis Leave a comment

By THÉRÈSE MARGOLIS Thugs in Uniforms Mexican President Andrés Manuel López Obrador’s (AMLO) ever-expanding army of National Guard (GN) troops has been flexing its muscles in a violent show of force against civilians, proving once again that unbridled military power is a threat to the nation and the Mexican people alike. In just the last month alone, members of AMLO’s

Opinion

Mexico News Roundup

Posted on April 7, 2021 by Thérèse Margolis One comment

By THÉRÈSE MARGOLIS A Shot of Nothing Mexican President Andrés Manuel López Obrador (AMLO) seems to be more obsessed over the incident in which one elderly woman in the northwestern state of Sonora was given an “empty” covid-19 vaccine injection last month than he claims the media is. The alleged mistake occurred when an apparently overworked nursing student accidently jabbed a

Opinion

Analysts Raise Mexico’s 2021 GDP Forecast to 4.5 Percent

Posted on April 6, 2021 by Xinhua Leave a comment

XINHUA Private analysts estimated the Mexico’s economy will grow by as much as 4.5 percent in 2021, up from the 3.67 percent previously projected, a survey by the Central Bank of Mexico (Banxico) showed on Monday, April 5. For 2022, analysts slightly raised the forecast for Mexican gross domestic product (GDP) growth to 2.7 percent from 2.6 percent, according to

Pulse News Mexico

Mexico News Roundup

Posted on April 5, 2021 by Thérèse Margolis One comment

By THÉRÈSE MARGOLIS Salgado Macedonia Keeps Going and Going and Going It seems that wannabe Guerrero governor Félix Salgado Macedonio just can’t take “no” for an answer. Despite the fact that both the National Electoral Institute (INE) and the Guerrero Electoral Institute approved the cancelation of his candidacy for Mexico’s June 6 elections on grounds that he did not fully report

Opinion

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