Tag Archives: El Financiero

Public and Experts Disapprove of Zalvídar Term Extension

By KELIN DILLON A new survey conducted by El Financiero revealed that 62 percent of Mexicans disagree with President Andrés Manuel López Obrador’s (AMLO) proposal to extend Supreme Court of Justice (SCJN) President Arturo Zaldívar’s term by two years, showing the general population, like many experts on the matter, disagree with AMLO’s blatant attempt to expand his power and potentially

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Mexico’s Military Construction Affects Small Businesses

By KELIN DILLON Over 2,000 micro- to medium-sized construction companies in Mexico are at risk of closure following the Mexican government’s repeated decisions to entask the country’s military with construction projects. The Mexican army has been given jurisdiction over the building of the Santa Lucía Airport and the Tren Maya, the construction of Bienestar Bank branches and the remodeling of

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Mexico Loses One Million Businesses to Covid Pandemic

By KELIN DILLON More than a million businesses in Mexico, or one in five, were forced to permanently shutter their doors due to effects of the worldwide coronavirus pandemic, reported Mexico’s National Institute of Statistics and Geography (Inegi). Of the 4.86 million businesses registered in the Inegi’s 2019 economic census, an estimated 3.85 million survived, while 1 million-odd businesses closed

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The Misguided Quixote: AMLO Against the World

By KELIN DILLON Mexican President Andrés Manuel López Obrador (AMLO), incensed by District Judge Juan Pablo Gómez Fierro’s suspension of his controversial reform to Mexico’s electricity sector the previous day, launched a public tirade against anyone and everyone he deemed his enemies, ranging from foreign countries to his own presidential predecessors, during his daily press conference on the morning of

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The Tempest over Mexico’s Proposed Electricity Bill

By RICARDO CASTILLO There is no doubt that the Mexican Supreme Court’s harsh blow against President Andrés Manuel López Obrador’s (AMLO) Energy Bill on Wednesday, Feb. 3, which shot down 22 articles of the controversial edict pushed through last year by Energy Secretary Rocío Nahle, wobbled the administration. The court voted against the bill because of what it considered radical

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Survey Reveals Political Divide among Mexican Voters

By KELIN DILLON A mew survey of the Mexican population conducted by El Financiero Bloomberg showed a wide divide in political party preferences within Mexico, mainly stratified based on age and level of education. The survey was conducted using 1,000 Mexicans contacted by phone in the second half of January, and particularly asked those surveyed to choose between Mexican President Andrés

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The Uncertain Future of AMLO and Biden’s Relationship

By KELIN DILLON With the newest U.S. President Joseph Biden inaugurated on Wednesday, Jan. 20, questions have arisen in Mexico about what type of relationship will transpire between Mexican President Andrés Manuel López Obrador (AMLO) and the new Biden administration in the years to come. In his daily press conference on the morning of the inauguration, López Obrador said the

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For a Few Dollars More

By RICARDO CASTILLO The last brawl in this legislative year in the Mexican Congress was over the so-called “Monreal Bill” that was stuck in the middle of a verbal debate and its vote postponed until February. The bill is also known as the “Bank of Mexico,” or “Banxico Bill,” and it has already passed with leeway at the Senate, and

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