By RICARDO CASTILLO AMLO Joins the Energy Fray Mexican President Andrés Manuel López Obrador (AMLO) joined the mounting energy fray after the Supreme Court admitted a challenge by the Federal Economic Competition Commission (Cofece) against the Energy Secretariat (Sener), stopping the implementation of the Policy for Trustworthiness, Security, Continuity and Quality in the National Electrical System, which was published in
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By RICARDO CASTILLO The sudden cancellation of a coal-purchasing contract by Mexico’s state-owned Federal Electricity Commission (CFE) came as a bucket of ice water to supplier mining company Micare, a subsidiary of steel mill Altos Hornos de México (AHMSA). The issue, however, is a lot more complicated than just a breach a contract. The first thought that comes to mind
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By RICARDO CASTILLO Officially, the calendar for Mexico’s 2021 midterm elections kicks off in October. But let there be no doubt that since President Andrés Manuel Lopez Abrader (AMLO) had his press secretary, Jesús Ramirez, read aloud the Broad Opposition Front (BOA) anonymous document, he either inadvertently or shrewdly kicked off the electoral year debate. For background, please read my
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By 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,
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By RICARDO CASTILLO Weathering a Perfect Storm Over the past few days, representatives of all o Mexico’s major banks have held separate press conferences previous to the annual Mexico Banks Association Convention, now being held in Acapulco. Each of the interviewed representatives showed acceptance for the policies of Mexican President Andrés Manuel López Obrador (AMLO). This is an indicator that
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By RICARDO CASTILLO There are two facts of life about Mexican democracy: One, it is run and operated by an autonomous organization, the National Electoral Institute (INE), and two, it is one of the most expensive government-subsidized democracies in the world. At this time of year, it is relevant to take the above-mentioned facts into consideration because at the
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