By KELIN DILLON Halfway through the six-year administration of Mexican President Andrés Manuel López Obrador (AMLO), Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) has lost 38.4 percent of its stake in the world’s energy market, dropping out of the top 10 most important international oil companies. Just in 2017, Pemex ranked highly in value according to British firm Brand Finance’s
Read more
By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico
Read more
Time to Hit the Books
Read more
By RICARDO CASTILLO AMLO to Issue Economic Forecast On Sunday, April 5, Mexican President Andrés Manuel López Obrador (AMLO) will issue a revamped economic forecast for year 2020. In the case of the previous forecast, all figures have been toppled by the financial ravages provoked by the Covid-19 pandemic and the global oil market pricing havoc. Regarding the previous forecast,
Read more
By RICARDO CASTILLO Corona “Beerus” Brewery Nixed at Border A poll carried out by Mexico’s Interior Secretariat (SeGob) over the past weekend (Saturday, March 21, and Sunday, March 22) resulted in an overwhelming vote against the establishment of Corona beer manufacturer Constellation Brands mega-brewery in the Mexican border city of Mexicali, on the Mexican side of Calexico and Imperial Valley,
Read more
By RICARDO CASTILLO With a stroke of his pen, Mexican President Andrés Manuel López Obrador (AMLO) on Monday, May 20, eliminated tax waivers for big Mexican corporations that they had enjoyed since year 2000. The tax waivers were perfectly legal. They had been awarded by former Presidents Vicente Fox and Felipe Calderón, and sustained by Enrique Peña Nieto. In total,
Read more