Peña Nieto Administration Allegedly Ordered Espionage on Businessmen, Journalists
A witness in the trial of Juan Carlos N purported that around 1,500 individuals were targeted by Pegasus spyware under the orders of Peña Nieto
Read moreTag Archives: Carlos Slim
AMLO Administration Expropriates Private Railroads from Grupo México
As a result of the railways expropriation, Grupo México shares on the Mexican Stock Exchange (BMV) fell by 4.29 percent
Read moreOn the Mark: Mexican Athletes Deserve Better Than Ana Guevara
Guevara’s cutting of the swimming team’s budget and her subsequent combative stance earned swift backlash
Read moreMexican Swim Team Wins 3 Golds, 1 Bronze Despite Funding Cuts
The Mexican team finished second only to Spain, an impressive feat considering its members had to sell swimsuits and towels to pay for their preparations for the tournament
Read moreSlim Pulls Out of Banamex Purchase
PULSE NEWS MEXICO Mexican billionaire Carlos Slim’s Inbursa financial group announced on Wednesday, Nov. 23, that it was withdrawing from its former commitment to purchase Banamex, Citigroup’s consumer and corporate banking business in Mexico. “After the presentation of a nonbinding proposal for the acquisition of said businesses, the parties have mutually agreed that Imbursa will not continue in the following
Read moreNavigating Mexico: An Obsolete Rite of Passage that Just Won’t Die
BY JUAN DE JESÚS BREENE Some cultural time-honored traditions bring a smile and involve photos: that first day of kindergarten, leaving the house for prom night or an engagement proposal. But Mexico has one that only stirs up images of pain and struggle for college students: the writing and approval of a graduation dissertation. The paper is actually called a
Read moreAMLO Announces New Package Against Inflation and Famine
By KELIN DILLON In a collaborative move between Mexico’s federal government and its private sector, President Andrés Manuel López Obrador (AMLO) announced a new price control initiative – the Package Against Inflation and Famine (PACIC) – to the public during his daily morning press conference on Wednesday, April 4. Th package establishes cost protection for 24 “basic basket” supermarket items,
Read moreOne Year after Line 12 Crash, Metro Problem Still Unresolved
By KELIN DILLON In the one year following the May 3, 2021, tragic Line 12 metro accident in Mexico City that killed 26 passengers, few steps have been taken to ensure the preventable accident does not happen again, nor that its victims are taken care of. The collapsed portion’s reconstruction is still lagging on, Mexico City has avoided civil litigation
Read moreTelcel Launches First 5G Network in Mexico
By THÉRÈSE MARGOLIS Telcel, Mexico’s largest wireless telecommunication service, became the first company in the country to launch the new, super-fast fifth generation (5G) network on Tuesday, Feb. 22. A subsidiary of América Móvil, the massive telecommunications corporation owned by Mexican billionaire Carlos Slim, Telcel will now offer 5G to all its fixed plan clients who have contracts valued at
Read moreNavigating Mexico: What to Expect in Mexico’s 2024 Elections
By JUAN DE JESÚS BREENE PUERTO VALLARTA, Jalisco — Leftist Mexican President Andrés Manuel López Obrador (AMLO) is now halfway through his six-year term, and has promised to not try to stay in office when that term expires on Nov. 30, 2024. Which begs the question: Who will succeed him in that office? Is it too early to predict next
Read more