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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By THE PULSE NEWS MEXICO STAFF As part of his ongoing war against fuel theft, Mexican President Andrés Manuel López Obrador (AMLO) announced on Monday, Jan. 21, that his government has signed contracts to purchase 571 oil tankers from the United States. The new tankers, which cost $85.4 million, will have a combined capacity to transport up to 116,897 barrels
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By THE PULSE NEWS MEXICO STAFF The number of dead resulting from the explosion at the gasoline duct in Tlahuelilpan, Hidalgo, has risen to 79, according to Mexican Health Secretary Jorge Alcocer Varela. And while there are still 81 people in hospitals, most in serious condition, Alcocer Varela said that the majority have been or are being transported to specialized
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By THE PULSE NEWS MEXICO STAFF The administration of Mexican President Andrés Manuel López Obrador (AMLO) announced on Thursday, Jan. 17, that the federal Financial Intelligence Unit (UIF) has frozen the bank accounts of 37 businesses believed to be linked to huachicoleo (gasoline piracy). A statement issued by the UIF, which is a subsidiary of the Treasury Secretariat, noted that
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By THE PULSE NEWS MEXICO STAFF CitiBanamex, Mexico’s second-largest bank, issued a statement on Tuesday, Jan. 15, stating that the current gasoline shortage resulting from President Andrés Manuel López Obrador’s (AMLO) nationwide offensive against fuel robberies will translate into a loss of nearly 24 billion pesos in the nation’s 2019 Gross Domestic Product (GDP). That figure represents about .1 percent
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By THE PULSE NEWS MEXICO STAFF While gasoline shortages in some parts of Mexico – particularly in Mexico City – caused by President Andrés Manuel López Obrador’s (AMLO) all-out offensive to stop fuel thefts at any cost – have finally begun to subside as a fleet of guarded tankers begins to meet demand, Guanajuato Governor Diego Sinhué Rodríguez Vallejo has
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By RICARDO CASTILLO By shutting off the ducts carrying fuel from the state-owned Petróleos Mexicanos (Pemex) in order to stop robbery, Mexican President Andrés Manuel López Obrador (AMLO) opened up a Pandora’s box. His problem is now how to shut it closed again. AMLO’s open declaration of war against huachicol (pronounce wa-chee-kol), or fuel theft, is, 17 days since it
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By THE PULSE NEWS MEXICO STAFF Commercial activities in Mexico City are slowly beginning to come to a standstill as literally hundreds of drivers have begun to sleep in their cars awaiting gasoline – some so long that they have run out of gas completely and now cannot move the vehicles at all – and sales at el Centro de
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By THE PULSE NEWS MEXICO As millions of Mexicans look forward to an uncertain future in terms of transport because of the growing nationwide shortage of gasoline and other fuels, Mexican President Andrés Manuel López Obrador (AMLO) decided to look instead to the country’s past with the announcement on Friday, Jan. 11, that 2019 will be dedicated to the memory
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By RICARDO CASTILLO The good news is that by moving the Mexican Army to take over Pemex oil refineries, refined fuels theft stopped almost overnight. The bad news is that, nowadays, the residents of the Guanajuato, Querétaro, Michoacán, Jalisco and State of Mexico (Edoméx) can´t get a liter of green or red gas for their vehicles. Theft stopped, but the
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