By JUAN DE JESÚS BREENE One of the first topics in most high school world geography classes is, “Why are some countries rich while other countries are poor?” The answer is a relatively simple one: a combination of its level of corruption, its geography, climate, whether it is landlocked, security of property rights, economic flow and, one of the most
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By KELIN DILLON In a collaborative move between Mexico’s federal government and its private sector, President Andrés Manuel López Obrador (AMLO) announced a new price control initiative – the Package Against Inflation and Famine (PACIC) – to the public during his daily morning press conference on Wednesday, April 4. Th package establishes cost protection for 24 “basic basket” supermarket items,
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By THE PULSE NEWS MEXICO STAFF While the administration of Mexico’s leftist president, Andrés Manuel López Obrador (AMLO), refuses to take any diplomatic or commercial stance against Russia for its invasion into the sovereign nation of Ukraine, Mexico’s leading bread company, Grupo Bimbo, announced Monday, March 14, that it will suspend all sales and future investments in Russia. Bimbo is
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By THÉRÈSE MARGOLIS The second annual Goula Awards were presented during a virtual ceremony on Thursday, Nov. 4, to leading Mexican food and beverage companies nationwide. The awards, which recognize good business practices within the country’s food and beverage sector, were presented by a multidisciplinary panel of 21 experts who evaluated a range of food products and services for consumer
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By THÉRÈSE MARGOLIS The strong and ever-growing bilateral relationship between India and Mexico was the focus of Indian Ambassador to Mexico Manpreet Vohra’s Republic Day speech during the diplomatic reception he and his wife Naseem Vohra offered at their residence on Monday, Jan. 27. “India and Mexico enjoy a close and friendly relationship, as well as a privileged association since
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By RICARDO CASTILLO In mid-July, former Mexican Treasury Secretary Carlos Urzúa, upon presenting his resignation to President Andrés Manuel López Obrador (AMLO), launched a frontal attack against AMLO’s Chief of Staff Alfonso Romo Garza in an interview. “It’s most difficult to understand the type of relationship, ideologically speaking, Romo has with the president,” Urzúa said. “He’s an extreme right-winger.” Urzúa
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By THÉRÈSE MARGOLIS As part of an ongoing bilateral effort to promote greater two-way trade and investment, the India-Mexico Business Chamber (IMBC) was launched on Thursday, May 2. The event, which was attended by Mexican Economy Secretary Graciela Márquez Colin and Energy Secretary Rocío Nahle García, as well as Indian Ambassador to Mexico Muktesh K. Pardeshi, was officially inaugurated by
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