Tag Archives: GDP

Mexico’s Economic Deceleration Due to Investor Mistrust of President

By RICARDO CASTILLO    Fear does not ride on a burro; it flies at the speed of sound! And spreading fear of President Andrés Manuel López Obrador’s (AMLO) economic policies seems to be the leading reason that Mexico’s Gross Domestic Product (GDP) has slumped markedly, to the point of reaching a minimal growth of 0.1 percent for the second quarter of

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Figures Show Mexico Not in Recession

By RICARDO CASTILLO    Let the fireworks light up the cloudy Mexican economics sky. The great news deserves the glow in the heavens. The economy grew in the second quarter of 2019 by 0.1 percent and, according to the National Institute of Geography and Statistics (Inegi), which carries out the official econometrics gaging, “there is no recession.” The news was made

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The Greatest Showman

By THÉRÈSE MARGOLIS       There’s no denying that Mexican President Andrés Manuel López Obrador (AMLO, as he likes to be called) is charismatic, and he definitely puts on a great show. In fact, his daily song and dance act at the National Palace has become a standing-room-only extravaganza with “sold-out” crowds of politically developmentally challenged proselytes who see him as

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Not Bad for AMLO’s First 100 Days

By RICARDO CASTILLO     Among the top achievements that Mexican President Andrés Manuel López Obrador (AMLO) managed to accomplish and pass through Congress during his first 100 days, as noted in the address he delivered on Monday, March 11, at the National Palace in Mexico City are three laws: The Law of Eminent Domain, which gives the federal government the authority

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