Tag Archives: Carlos Slim

Pathway to the Power Powwow

By RICARDO CASTILLO Mexican President Andrés Manual Lopez Obrador’s (AMLO) uncanny ability to shock people seems to have no limits. His latest stunt to do so was traveling on Delta Airlines tourist class. At the very least, he could have purchased a business class ticket, but he, along with small entourage headed by Foreign Relations (SRE) Secretary Marcelo Ebrard and

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Salvaging a Sinking Pemex

By RICARDO CASTILLO Critics are screaming their throats out claiming that Mexico is in a deep crisis! The daily answer from President Andrés Manuel López Obrador (AMLO) seems to be that Brooklyn street expression when you want to put down someone irately pointing their angry piping hot finger at you (straight out of Martin Scorsese’s 1970s classic “Taxi Driver”): “You

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Mexico News Roundup

By RICARDO CASTILLO Extended Isolation The full containment of the Covid-19 pandemic in Mexico will require much time than originally planned, so the stay-home period may have to be extended from the original April 30 to May 30, said Public Health Undersecretary Hugo López-Gatell, who is in charge of monitoring the spread of the disease. The announcement was made during

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Mexico News Roundup

By RICARDO CASTILLO Frustrated Entrepreneurs Business and politics have intentionally been kept centralized in Mexico City for decades in Mexico. But that arrangement seems to be falling apart as a result of the divide between commerce and industrial chambers leaders, specifically, Carlos Salazar Lomelín of the Business Coordination Council (CCE), Francisco Cervantes of the Industrial Chambers Confederation (Concamin) and Antonio

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Mexico News Roundup

By RICARDO CASTILLO AMLO’s Virtual Powwow with G-20 Leaders In what was his first international encounter — even if only virtual — with the Group of 20 (G-20) world leaders on Thursday, March 26, Mexican President Andrés Manuel López Obrador (AMLO) vowed the nation’s solidarity with all affected nations and explained his point of view as to how to proceed

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Mexico News Roundup

By RICARDO CASTILLO Happy Birthday, Carlos Slim Just as Mexico’s and Latin America’s wealthiest man, Carlos Slim, was gearing up to celebrate his 80th birthday on Tuesday, Jan. 28, the Federal Telecommunications Institute (IFT) delivered a special gift that surely the tycoon did not appreciate: a fine for nearly 1.39 billion pesos. The fine applied directly to mismanagement of accounting

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