By JUAN DE JESÚS BREENE One of the first topics in most high school world geography classes is, “Why are some countries rich while other countries are poor?” The answer is a relatively simple one: a combination of its level of corruption, its geography, climate, whether it is landlocked, security of property rights, economic flow and, one of the most
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PULSE NEWS MEXICO Former Mexican President Luis Echeverría Álvarez, who served as the country’s head of state from 1970 to 1976, died on Friday, July 8, at home in his sleep, sources close to his family reported Saturday, July 9. Echeverría, who was a populist president from the centralist Institutional Revolutionary Party (PRI) turned 100 on Jan.17. On Nov. 14,
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By THE PULSE NEWS MEXICO STAFF Inflation in Mexico reached a record 6 percent in September, its highest level since April 2021, the National Institute of Statistics and Geography (Inegi) reported on Thursday, Oct. 7. The rise in the National Consumer Price Index (INPC) was mainloy due to increases in food and energy prices. According to Inegi, inflation in Mexico
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Mexico’s Economic Free Fall
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By THÉRÈSE MARGOLIS Echoing the tone of Iranian President Hassan Rouhani’s speech one day earlier in Tehran, Iranian Ambassador to Mexico Mohammad Taghi Hosseini took advantage of his national day reception on Tuesday, Feb. 12, to bask the United States and underscore his government’s unflinching commitment to the values of the now-40-year-old Islamic Revolution. “The 1979 Islamic Revolution marked a
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By THÉRÈSE MARGOLIS Although since presenting his credentials to President Enrique Peña Nieto back in August 2017, Turkish Ambassador to Mexico Tahsin Timur Söylemez has at times come off as aloof and offish, during his national day reception on Monday, Oct. 29, he was the epitome of conviviality and diplomacy as he graciously welcomed guests with smiles and handshakes to
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By RICARDO CASTILLO The behemoth New International Mexico Airport (NAIM) project was declared defunct on Monday, Oct. 29, by President-elect Andrés Manuel López Obrador (AMLO) after the “no” vote triumphed overwhelmingly during the four-day (Oct. 25 through Oct. 28) national consultation poll carried out by the now-ruling National Regeneration Movement (Morena) political party. The airport construction, at about 20 percent completion (32
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By RICARDO CASTILLO The open referendum to approve or disapprove the no-binding construction of the New International Mexico Airport (NAIM) started on Thursday, Oct. 25, and will end on Sunday, Oct. 28. In case you’re not tuned into the situation, which is the nation’s largest and noisiest gossip topic nowadays, here are some of the pro and con opinions regarding the controversial
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By THÉRÈSE MARGOLIS It will take months, or even years, before Mexico sees the long-term economic consequences of its people’s passionate landslide vote to elect leftist populist Andrés Manuel López Obrador (AMLO) as their president on Sunday, July 1. But while there will no doubt be significant economic ups and downs in the months ahead, the Mexican Bolsa de Valores
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