By RICARDO CASTILLO Corona “Beerus” Brewery Nixed at Border A poll carried out by Mexico’s Interior Secretariat (SeGob) over the past weekend (Saturday, March 21, and Sunday, March 22) resulted in an overwhelming vote against the establishment of Corona beer manufacturer Constellation Brands mega-brewery in the Mexican border city of Mexicali, on the Mexican side of Calexico and Imperial Valley,
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By RICARDO CASTILLO Lest we forget: One of the unkept promises that helped to topple the popularity of former Mexican President Enrique Peña Nieto was his much-repeated outright lie that with his Energy Reform and Pemex joining free-market competition, “fuel prices will come down.” On Jan. 1, 2017, Peña Nieto made the grave error of liberating gasoline and diesel prices.
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By THE PULSE NEWS MEXICO STAFF Despite the fact that Mexican President Andrés Manuel López Obrador (AMLO) promised that inflation would be kept at a maximum of 3.4 percent rate in 2019, overall price increases for the first half of March shot up to 3.95 percent, according to the National Consumer Price Index (INCO), a subdivision of the National Institute
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By THÉRÈSE MARGOLIS Just days before he is due to step down after a six-year term as president of Mexico, Enrique Peña Nieto raised the price of gasoline on Friday, Nov. 23. Peña Nieto’s Institutional Revolutionary Party (PRI), which ran the country essentially uncontested for more than seven decades until the year 2000, lost overwhelmingly in Mexico’s July 1 elections to
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By RICARDO CASTILLO For a prelude to a presidency, surely that of Mexican President-elect Andrés Manuel López Obrador (AMLO) has got too many dissonant chords. First it was his decision to control oil crude production that caused a market shakeup and further peso devaluation. Then came the cancelation of the ongoing construction of the new airport that sent markets skidding and pumped the
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