According to the AIFA’s own internal end-of-year financial statements, 90 cents out of every peso that the terminal has reported as “income” between its inauguration on March 21, 2022, and Dec. 31 of last year were, in fact, government subsidies
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By MARK LORENZANA The federal government of Mexico will spend almost 70 billion pesos more to finish two of its flagship railway projects: the controversial Tren Maya and the extension of the suburban train that will run from Lechería station in the State of Mexico (EdoMéx) to the new Felipe Ángeles International Airport (AIFA). On June 1, Mexico’s Secretariat of
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By THE PULSE NEWS MEXICO STAFF Alejandro Díaz de León, the former governor of Mexico’s Central Bank (Banxico) was appointed Thursday, March 24, to be the new corporate director of Grupo Bal, a Mexican private-sector conglomerate that includes Palacio de Hierro, Industrias Peñoles and Fresnillo In a statement signed by Grupo Bal president Alejandro Baillères said that “the extensive, deep and
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OPINION By THÉRÈSE MARGOLIS On Thursday, Feb. 10, yet another Mexican journalist was murdered, the fifth so far this year, and the 50th since President Andrés Manuel López Obrador (AMLO) took office three years ago. Heber López, from the internet news site Noticias Web in Salina Cruz, Oaxaca, was shot dead in broad daylight as he left his office Thursday
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By THE PULSE NEWS MEXICO STAFF Despite the fact that Mexico still ranks in fourth place in the number of covid-19 deaths (after the United States, India and Brazil), President Andrés Manuel López Obrador’s (AMLO) administration has committed far more financial resources to his pet Tren Maya tourist train than to public health efforts to curb the pandemic, according to
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