Tag Archives: EPN

AMLO Increases Foreign Debt by 46 Percent

By KELIN DILLON In the first 26 months of Mexican President Andrés Manuel López Obrador’s (AMLO) administration, Mexico’s foreign debt increased by $22.3 billion, an increase of 46 percent from the term of his predecessor, Enrique Peña Nieto (EPN). The difference in external debt accrued  between the two presidencies amounted to approximately $7.3 billion. Carlos Vázquez Vidal, an analyst at

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Mexico’s Cash Cow Runs Dry

By RICARDO CASTILLO     There’s no question about it: Mexico’s once-prolific cash cow has run dry. The country’s economic national pride, the state-run oil giant Petróleos Mexicanos (Pemex), is now in financial straits, with its latest corporate report showing that just in the last quarter of 2018, it “lost” over 2 billion pesos. That definitely makes Pemex the only oil company

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Peña Nieto Keeps Trying to Hide a Massive Trail of Corruption

By RICARDO CASTILLO     Most definitely, Mexican President-elect Andrés Manuel López Obrador (AMLO) is getting all the media attention usually reserved for the standing president, namely, in this case, Enrique Peña Nieto (EPN.) But why is this? The answer is easy: Peña Nieto is now working in the shadows as the glare of the limelight shines brightly on AMLO – slated to become president

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The Night of the Iguala Massacre

By RICARDO CASTILLO     Mexico City’s streets were filled with demonstrations this past week calling for the “appearance, dead or alive” of 43 normal school students who went missing on the “night of Iguala,” Sept. 26-27, 2014, in the southern state of Guerrero. Four years later, there is one similarity between now and then. In 2014, President Enrique Peña Nieto (EPN)

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Separating Rumors from Facts

By RICARDO CASTILLO     It may be an inexact science, but it’s in the air in Mexico these days. In colloquial Spanish, it’s called “rumorología,” which literally translates in English to “rumor-ology.” The flood of rumors preceding the upcoming Sunday, July 1, election is massive. The loudest rumor is that there is a mega-fraud in the making to put the “official”

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Morena’s Phenomenal Surge

By RICARDO CASTILLO     In 2012, Enrique Peña Nieto won the presidential election representing the Institutional Revolutionary Party (PRI), defeating Democratic Revolutionary Party (PRD) candidate Andrés Manuel López Obrador (AMLO) by a narrow, but credible, margin of 38 to 32 percent of the general vote count. Unlike in the aftermath of the 2006 election when AMLO lost to National Action Party

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