PULSE NEWS MEXICO During the first 10 months of 2022, Mexico was the largest public debt underwriter in Latin America and the Caribbean, according to a report released on Monday, Jan. 16, by the Economic Commission for Latin America and the Caribbean (ECLAC). Mexico placed a total of nine sovereign issues for an amount of $9.471 billion during that time,
Read more
PULSE NEWS MEXICO Consumer prices in Mexico were higher in 2022 than the average registered throughout the rest of the region, according to the Economic Commission for Latin America and the Caribbean (Cepal). According to a report released by the Cepal at the start of January, in Mexico, prices rose 8.4 percent last year, while in the rest of the
Read more
By KELIN DILLON Mexico’s state-owned Federal Electricity Commission (CFE) reportedly loses some 50 billion pesos per year in electricity profits due to thievery in the form of meter manipulation and illicit hanging cables. The Secretariat of Energy (Sener) has made note of some 5.77 million meters across the country that need updating within the next five years to bring them
Read more
By RICARDO CASTILLO Political Lockup No sooner had Mexican President Andrés Manuel López Obrador (AMLO) backed down Friday, Jan. 22, on permitting states government and private businesses to purchase anti-covid vaccines, then the 10 governors belonging to the opposition group Federalist Alliance (AF) fired back, complaining that AMLO’s change of mind had come “too late.” “The authorization to join this
Read more
By RICARDO CASTILLO Mexicans are divided between two opinions: One, those who have faith in the “profound economic model transformation” slowly but surely being promoted by President Andrés Manuel López Obrador (AMLO), and two, those AMLO calls “conservative hypocrites,” who are presently even denouncing the Mexican democratic system as nothing less than a scourge for having elected this populist dude
Read more