Tag Archives: Dos Bocas refinery

PAN: Sheinbaum Should Get to Work, Not Promote Herself

By MARK LORENZANA Mexico City Governor Claudia Sheinbaum should buckle down to work and stop the illegal early campaigning, demanded Kenia López Rabadán, deputy coordinator of the conservative National Action Party (PAN) caucus in the Mexican Senate. On Friday, July 1, Sheinbaum flew to the southeast Mexican state of Tabasco where her party mate, Mexican President Andrés Manuel López Obrador

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Morena Plans to Halt Foreign Donations to Civil Organizations

By THE PULSE NEWS MEXICO STAFF Deputy Reyna Celeste Ascencio, a member of Mexican President Andrés Manuel López Obrador’s (AMLO) leftist National Regeneration Movement (Morena) party, presented an initiative to the federal Chamber of Deputies on Tuesday, Feb. 22, aimed at preventing civil organizations from receiving funding from abroad. The proposed reform would prevent international donations from being used to

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ASF Report Reveals Mega-Project Spending Discrepancies

By KELIN DILLON A new report by Mexico’s Superior Audit Office of the Federation (ASF) detailing the expenditure of the government’s public mega-projects, executed through the compilation of 15 financial and performance audits, has revealed inherent disorder, delays and irregularities found within the construction of President Andrés Manuel López Obrador’s (AMLO) pet projects, like the Tren Maya, the Dos Bocas

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What Citibank Pulling out of Mexico Could Forebode

OPINION By THÉRÈSE MARGOLIS Despite the fact that just five months ago, Citigroup CEO Jane Fraser met with Mexican President Andrés Manuel López Obrador (AMLO) at the National Palace, declaring that the international financial group considered Mexico “a country of opportunities” thanks to its economic, political and social stability, the corporation announced on Tuesday, Jan. 11, that it would be

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AMLO Decrees Megaprojects ‘Matters of National Security’

By THE PULSE NEWS MEXICO STAFF In what has been deemed by critics as a serious blow to Mexican democracy and political transparency, President Andrés Manuel López Obrador (AMLO) issued a presidential decree late Monday, Nov, 22, declaring all his administration’s mega infrastructure projects as “matters of public interest and national security.” The decree, which was immediately met with opposition

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Mexico Lags in Paris Agreement’s Environmental Standards

By KELIN DILLON Five years after Mexico entered the international Paris Agreement, which seeks to counteract climate changes and reduce countries’ environmental impact, with 195 other nations from around the world, Mexico has faltered in its own promised participation, continuing to favor fossil fuels over clean energy and following other environmentally unfriendly policies. While the Paris Agreement sought to generate

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Megaprojects Budget Leaves Little Room for Wiggle

By KELIN DILLON In response to the Mexican federal government’s proposed budget for 2022, experts across multiple sectors have expressed concern that the steep financial allocations to megaprojects will leave the nation with little maneuvering room should unforeseen contingencies arise. “The budget has little room for maneuvering, and that room that we should use to stimulate the country’s growth has

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Slow Economic Growth Limits Mexico’s 2022 Budget

By KELIN DILLON While Mexican President Andrés Manuel López Obrador (AMLO) is expected to present Mexico’s 2022 Budget to the nation’s Congress on Wednesday, Sept. 8, the country is not expected to have any significant advances in public spending due to a number of debilitating economic factors brought on by the effects of the year-and-a-half-long covid-19 pandemic. During 2020 and

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