Tag Archives: Dos Bocas

AMLO and Business Clash on Mexico’s Financial Course

By RICARDO CASTILLO The much-expected ideological clash between Mexican business and government is now here. It had not happened before because there had been civility on the part of the business community regarding the authentic democratic victory achieved by President Andrés Manuel López Obrador (AMLO) in July 2018. But it is now apparent that the business-AMLO friendly relationship may be,

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Mexico News Roundup

By RICARDO CASTILLO     Dos Bocas Bubble Bursts The news was sensational. Chinese Ambassador to Mexico Zhi Qingqiao told reporters during the celebration of a China Day event organized by Mexico’s Economy Secretariat on Monday, Jan.13, that Chinese banks were investing $600 million in the Dos Bocas Refinery, currently under construction in the southeastern state of Tabasco. Immediately after

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Eclac’s Bárcena: AMLO Grabbed the Bull by the Horns

By RICARDO CASTILLO Mexicans are divided between two opinions: One, those who have faith in the “profound economic model transformation” slowly but surely being promoted by President Andrés Manuel López Obrador (AMLO), and two, those AMLO calls “conservative hypocrites,” who are presently even denouncing the Mexican democratic system as nothing less than a scourge for having elected this populist dude

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Will Herrera Fit the Mold of AMLO’s Expectations?

By RICARDO CASTILLO     Definitely the outstanding image in Mexico for the week July 8-12 was the stone-cold face of Arturo Herrera Gutiérrez as President Andrés Manuel López Obrador appointed him the government’s new finance secretary. Herrera Gutiérrez looked as if he was attending his own funeral. The fact is that a lot of political pundits noticed the grave gesture, that

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