Mexico Increases Minimum Wage by 20 Percent in 2024
The newly approved wage increase will set Mexico’s daily minimum wage at 248.93 pesos per day beginning in January 2024
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Va por México and PRI Senate Block Plagued by Resignations
Disagreements over the coalition’s rules for the selection of its presidential candidate and dissatisfaction with party leadership has caused a wave of resignations across Va por México and the PRI’s ranks
Read moreCongress Revises, Approves AMLO’s Mining Law Reform
Mexico’s Chamber of Deputies approved the proposal by President Andrés Manuel López Obrador to reform the nation’s mining law, but not before revising several points, chief among them extending mining concessions
Read moreWho Is Mexican Presidential Candidate Gustavo de Hoyos?
De Hoyos’ resume, while far from that of a career politician, speaks for itself
Read more‘Plan B’ Braces for Backlash from Private Sector, Opposition Parties
By KELIN DILLON While Mexican President Andrés Manuel López Obrador’s (AMLO) National Regeneration Movement (Morena) managed to squeeze its controversial ‘plan b’ electoral reforms into passage by the Chamber of Deputies thanks to a last-minute legislative presentation and vote on the matter in the early hours of Wednesday, Dec. 7, Morena’s fast-tracked course of action has received major backlash from
Read moreCoparmex Launches Support Campaign for the INE
By KELIN DILLON Following the news that the Mexican government is set to defund Mexico’s autonomous electoral monitoring body, the National Electoral Institute (INE), by 4.4 billion pesos in 2023, members of the Employers’ Confederation of the Mexican Republic (Coparmex) launched a campaign from Guadalajara’s Akron Stadium to support the INE – aptly titled “Goal for democracy! #I defend the
Read moreAnother Expensive Dinner of Tamales for Mexico’s Business Community
OPINION PULSE NEWS MEXICO On the evening of Wednesday, July 27, Mexican President Andrés Manuel López Obrador (AMLO) “hosted” yet another dinner at the National Palace for 50 of the country’s leading business community, and — true to AMLO form — the meal ended up being extremely costly … for the guests. The dinner, which was attended by members of
Read moreMexico Violates USMCA Treaty, Says Former Negotiators
By MARK LORENZANA According to former negotiators and specialists in a report by Mexican daily newspaper El Universal on Sunday, July 24, Mexico specifically violated Chapters 14, 15, 22 and 32 of the United States-Mexico-Canada Agreement (USMCA). When the government of Mexican President Andrés Manuel López Obrador (AMLO) accepted Chapters 14, 15, 22 and 32 of the agreement — titled
Read moreWall Street Journal: Mexico Targets Private Power Companies
By MARK LORENZANA According to a report by the Wall Street Journal (WSJ) on Sunday, June 12, the government of Mexican President Andrés Manuel López Obrador (AMLO) “is shifting the country to a 1970s industrial policy” and has resorted to “greater state intervention” by targeting privately owned energy firms legally operating in Mexico and “backing state-run energy giants.” The WSJ
Read moreCCE Dismisses Government’s Lies about Electric Reform
By KELIN DILLON Officials from Mexico’s Business Coordinating Council (CCE) have come forward to dismiss the Mexican government’s purported lies surrounding its proposed electric reform, saying in a statement on Tuesday, Oct. 12, that their intentions “are guided by ideology and not by technical expertise and rigor.” The CCE’s head Carlos Salazar Lomelín pointed to Secretary of Energy Rocío Nahle
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