US and Mexico: Reeling, but Moving to Reopen
By ANTONIO GARZA, former U.S. Ambassador to Mexico
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17 Months of Poor Governance
By KITZIA NIN PONIATOWSKA In 17 months of poor governance, Mexican President Andrés Manuel López Obrador (AMLO) has surpassed his predecessors Carlos Salinas de Gortari in terms of currency devaluation, Ernesto Zedillo in terms of economic recession, Vicente Fox in incompetency, Felipe Calderón in the number of homicides and Enrique Peña Nieto in terms of corruption and ignorance. In less
Read moreMexico News Roundup
By RICARDO CASTILLO Extended Isolation The full containment of the Covid-19 pandemic in Mexico will require much time than originally planned, so the stay-home period may have to be extended from the original April 30 to May 30, said Public Health Undersecretary Hugo López-Gatell, who is in charge of monitoring the spread of the disease. The announcement was made during
Read moreEclac’s Bárcena: AMLO Grabbed the Bull by the Horns
By RICARDO CASTILLO Mexicans are divided between two opinions: One, those who have faith in the “profound economic model transformation” slowly but surely being promoted by President Andrés Manuel López Obrador (AMLO), and two, those AMLO calls “conservative hypocrites,” who are presently even denouncing the Mexican democratic system as nothing less than a scourge for having elected this populist dude
Read morePemex and the CFE in Eye of a Political Hurricane
By RICARDO CASTILLO Mexico’s state-owned energy companies Petróleos Mexicanos (Pemex) and the Federal Electricity Commission (CFE) continue to be leading problems for the administration of President Andrés Manuel López Obrador (AMLO). Both are separate entities that must be dealt with separately. So we’ll start with a look at Pemex, and then consider th CFE a few paragraphs down. Pemex and
Read moreDos Bocas Goose Will Lay Eggs, AMLO Hopes
By RICARDO CASTILLO On Sunday, June 2, Mexican President Andrés Manuel López Obrador (AMLO) flagged the initiation of the construction of a new oil refinery at the Tabasco double-cove port known as Dos Bocas. Unlike in the case of his initial move to bring an end to the massive fuel theft that was going on at the state-owned company Petróleos
Read moreUSMCA, Mexican Energy Reform Still Uncertain
By ANTONIO GARZA, former U.S. Ambassador to Mexico
Read moreAMLO Refutes Financial Experts, Again
By THE PULSE NEWS MEXICO STAFF Once again, Mexican President Andrés Manuel López Obrador (AMLO) has questioned the economic expertise of his own financial specialists, this time contradicting the findings of the Finance Secretariat (Hacienda, or SHCP). Speaking during his regularly scheduled early morning press conference on Tuesday, April 2, AMLO said that the projections made by Hacienda for Mexican
Read moreWho Rates the Rating Agencies?
By RICARDO CASTILLO Is the Damocles sword a mythical tale? Surely not for Mexican President Andrés Manuel López Obrador (AMLO), who now sees it swinging over his political neck like a pendulum in the form of international rating agencies Fitch, Moody’s and S&P. The awesome rating threesome has lashed out against Mexico, putting the nation’s economy not on a downward
Read moreOECD Lowers Predictions for Mexico’s 2019, 2020 Economic Growth
By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López (AMLO) may not put much stock in the downgrades issued in recent weeks by the Big Three international credit agencies, Fitch, Moody’s and Standard and Poor’s, but the Organization for Economic Cooperation and Development (OECD) certainly seems to. In its latest global economic forecast, published on Wednesday, March 6,
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