FEMSA to Leave Beer Business

FEMSA currently employs more than 354,000 people
Read moreFEMSA currently employs more than 354,000 people
Read morePULSE NEWS MEXICO In yet another act of autocratic morality, Mexican President Andrés Manuel López Obrador (AMLO) on Wednesday, Dec. 7, called on the Mexican public to boycott the consumption of Coca-Cola and other carbonated soft drinks. Speaking during his daily presser at the National Palace Wednesday morning, AMLO said that Coca-Cola “is not good for your health and (the
Read morePULSE NEWS MEXICO The “Real Thing” just got costlier this week in Mexico, when Coca-Cola Femsa bottlers announced on Monday, Aug. 15, that it was raising the price of its beverages by 1 peso per bottle or can. And as if that were not enough to hit your daily allowance pocketbook, next time you ask “Got Milk?” an affirmative answer
Read morePULSE NEWS MEXICO Because of the worsening drought in the northern state of Nuevo León, Mexican President Andrés Manuel López Obrador (AMLO) on Monday, July 18, asked bottlers in that region to stop the production of soft drinks and beers in order to provide more water to the population. “In other states (in the north of Mexico), the governors are
Read moreBy RICARDO CASTILLO Now that the National Front to Stop AMLO (FRENA) is on its fifth day of protest with an invasion of Mexico City’s main downtown thoroughfare Juárez Avenue, suddenly the question of “what and who is FRENA?” struck me like a lighting rod. I am no arithmetician, but I know numbers well enough to come up with the
Read moreBy RICARDO CASTILLO Economic Skid Two of the basic economic indicators, demand and supply, plunged down by 19.4 percent in comparison to the same period last year, according to a quarterly report from the Mexican government official pollster, the National Institute of Geography and Statistic (Inegi). The figures reflect statistics both for home and industry, which had been stable since
Read moreBy RICARDO CASTILLO Little Parties on the Skid The Mexican Senate, presided over by Mónica Fernández of the National Action Party (PAN), dissolved the partisan representation of the Party of the Democratic Revolution (PRD) and the Social Encounter Party (PES) for not meeting the minimum of five senators to be counted as a party. The PRD, led by former Mexico
Read moreBy RICARDO CASTILLO The New Normal Has Arrived The political debate carried out last week in Mexico over how to go about bringing a solution to the economic standstill caused by the covid-19 pandemic posed a medical, political and economic quagmire. On the one side, there was the voice of Mexican Public Health Undersecretary epidemiologist Hugo López-Gatell announcing on Friday,
Read moreBy RICARDO CASTILLO … The new pro-visible labeling law passed unanimously in Mexico’s 500-voting member Chamber of Deputies…
Read moreBy RICARDO CASTILLO … Credible food labeling and digital money are now on the horizon for most Mexicans…
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