Luy’s Lines
Inflation, Drop-by-Drop
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Cost of Train to Felipe Ángeles Airport Doubles in Price
PULSE NEWS MEXICO The cost of the construction of the still-abandoned, still-almost-impossible-to-get-to Felipe Ángeles International Airport (AIFA), one of the pet megaprojects of Mexican President Andrés Manuel López (AMLO), has doubled since work began on it in 2020. Originally slated to cost 12.479 billion pesos, the train, which is intended to provide travelers with affordable access to the AIFA, increased
Read moreBanxico Raises Key Interest Rate for 10th Time in a Row
XINHUA The Board of Governors of the Central Bank of Mexico (Banxico) agreed Thursday, Aug. 11, to raise the key benchmark interest rate for the 10th consecutive time, in anticipation of higher inflation in the short term. The new rate is 8.5 percent. Five members of the board voted unanimously to increase the target for the overnight interbank interest rate
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AMLO Shares the Wealth
Read moreThe View from the North: Short Honeymoon for Latin America’s Leftists
OPINION By SILVIO CANTO, JR. Am I happy that Latin American nations are electing leftists? Of course not, but it may turn out to be a blessing in disguise. Down in Chile, leftist President Gabriel Boric, who came to power in March of this year, is already struggling in the polls. He is learning that changing a country’s constitution is
Read moreIt’s Time to Block Taliban Leaders’ Trips Abroad
Six former U.S. ambassadors to Afghanistan speak out
Read moreMexican Government Announces News Measures to Fight Inflation
XINHUA The Mexican government will take additional measures to counter rising inflation as part of the package against inflation and famine that took effect in May, Secretary of Finance Rogelio Ramirez de la O announced here Tuesday, Aug. 2. That package consisted of freezing the price on 24 basic products that Mexicans consume on a regular basis. However, despite that
Read moreUS-Mexico Ties: Temperatures Rising
By ANTONIO GARZA, former U.S. ambassador to Mexico
Read moreNavigating Mexico: You May Want to Date Her, but Forget Marriage
By JUAN DE JÉSUS BREENE While this topic might not be sexy, for those who live in Mexico, and even more so, for those who are considering investing here, the concept of debt vulnerability is an important factor to consider in the puzzle of a country’s economic health. Sure, Mexico is a massive player in the world economy, an economy
Read moreExperts Condemn AMLO’s Aim to Withdraw from the USMCA
OPINION By KELIN DILLON After a continued period of tension between Mexico, Canada and the United States over Mexican President Andrés Manuel López Obrador’s (AMLO) controversial energy policies, which directly violate portions of the free-trade United States-Mexico-Canada Agreement (USMCA), and his continued public rhetoric against foreign and private investment, López Obrador has now publicly floated the idea of Mexico reneging
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