Tag Archives: Economy Secretariat

Ya Chole, Mr. AMLO!

By THÉRÈSE MARGOLIS When more than 4.7 million homes in the north of Mexico were left without light or heating on Monday, Feb. 15, President Andrés Manuel López Obrador (AMLO) was quick to resort to his favorite stock scapegoat for the subsequent humanitarian and economic repercussions: Blame it on past administrations. True to form, rather than assuming responsibility for the

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Foreign Investment in Mexico Drops 20 Percent in 2020

By THE PULSE NEWS MEXICIO STAFF Direct foreign investment in Mexico fell by 11.7 percent in 2020, compared to the comparable figure for the previous year, according to the federal government’s Economy Secretariat. Last year, Mexico received just over $29 billion in foreign investment, down from nearly $34 billion in 2019, the secretariat said in a written report on Thursday,

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Energy Commission Rejects AMLO’s Electric Bill

By THE PULSE NEWS MEXICO STAFF In yet another bruising blow to Mexican President Andrés Manuel López Obrador’s headstrong efforts to undo the country’s Energy Reform, implemented in 2014 by his predecessor Enrique Peña Nieto, the national Chamber of Deputies’ Economic, Commercial and Competitive Commision (CECC) rejected his Electricity Reform Bill, which would limit grid providers almost exclusively to the

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