Tag Archives: fuel shortages

AMLO Tepidly Condemns Ukraine War, Says He Has Plan to Prevent Fuel Hikes

By THÉRÈSE MARGOLIS After stating that Mexico is against any use of military force to resolve geopolitical disputes, President Andrés Manuel López Obrador (AMLO) on Thursday, Feb. 24, said that he “has a plan” to avoid fuel price hikes in Mexico stemming from the Russian invasion of Ukraine. “In terms of foreign policy, Mexico is going to continue promoting dialogue,

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AMLO’s First 100 Days as Team Mexico Manager

By RICARDO CASTILLO     Mexican President Andrés Manuel López Obrador(AMLO) is currently preparing his report on his first 100 days in office. The precise day will be Sunday, March 10, but he’s already announced that he will instead blow his own horn on Monday, March 11, during his daily morning press conference at the National Palace in Mexico City. Last Wednesday,March

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Bank of Mexico Lowers Forecast for Annual Growth

By THÉRÈSE MARGOLIS     The Bank of Mexico (Banxico) lowered it predicted 2019 GDP growth rate for Mexico on Wednesday, Feb. 27, from between respectable 1.7 and 2.7 percent to an unexceptional 1.1 to 1.2 percent on Wednesday, Feb. 27. Citing a variety of causes from a global economic slowdown to internal factors such as fuel shortages (due to a nationwide

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