Tag Archives: Economic Commission for Latin America and the Caribbean

Mexico Has Highest Public Debt in Latin America in 2022

PULSE NEWS MEXICO During the first 10 months of 2022, Mexico was the largest public debt underwriter in Latin America and the Caribbean, according to a report released on Monday, Jan. 16, by the Economic Commission for Latin America and the Caribbean (ECLAC). Mexico placed a total of nine sovereign issues for an amount of $9.471 billion during that time,

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CFE Loses 50 Billion Pesos Yearly from Electricity Theft

By KELIN DILLON Mexico’s state-owned Federal Electricity Commission (CFE) reportedly loses some 50 billion pesos per year in electricity profits due to thievery in the form of meter manipulation and illicit hanging cables. The Secretariat of Energy (Sener) has made note of some 5.77 million meters across the country that need updating within the next five years to bring them

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Mexican Business Group Creates Site for Struggling Firms

XINHUA Mexico’s Business Coordinating Council (CCE) has launched an online platform to support businesses affected by the novel coronavirus (covid-19) pandemic, the country’s leading business lobby said. The website “ImpulsaTuEmpresa.mx,” which means “promote your company,” offers business owners detailed information on sources of financial aid, as well as information on healthcare and lockdown measures in their region. “In the coming

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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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The Best Hope for Slowing Central American Migration

By RICARDO CASTILLO    Wherefore art thou, Donald Trump? In reelection limbo, it seems. Over the past two days, the president of the United States has been directing his same old capricious criticism at Mexico, alleging that the United States’ southern neighbor “is doing nothing” to stop the now very dangerous northern flow of desperate migrants from Central American countries. And

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