Ukraine Success Depends on Economic Cooperation
By EARL ANTHONY WAYNE
Read moreTag Archives: IMF
2022: Let the Games Begin
By ANTONIO GARZA, former U.S. ambassador to Mexico
Read moreA Nation on the Verge of Collapse
Former U.S. envoys and military commanders plead for Afghanistan
Read moreAMLO Requests Transfer of IMF Funds to Treasury
By KELIN DILLON On the morning of Wednesday, Aug. 18, Mexican President Andrés Manuel López Obrador (AMLO) revealed he would formally request the Central Bank of Mexico (Banxico) to transfer the Special Drawing Rights (SDR) funds given by the International Monetary Fund (IMF) to Mexico’s treasury. The IMF Board of Governors previously approved the distribution of $650 billion worth in
Read moreIMF Calls on Mexico to Reform Fiscally
By KELIN DILLON According to the International Monetary Fund’s (IMF) External Sector Report, Mexico drastically needs to reform its fiscal practices and implement increased monetary support to its inhabitants if it wants to fully recover from the economic effects of covid-19. “More domestic fiscal support is needed in the short term to ease the tensions of the pandemic, reduce scars
Read moreMexico’s State-Owned Electricity Company May Be Insolvent
By KELIN DILLON Questions have arisen surrounding the capability of Mexico’s state-owned Federal Electricity Commission (CFE) to pay for a proposed six new projects for its infrastructure. The company’s new investment plan would require 62 billion pesos in funding, which would generate an estimated 4,438 megawatts of energy in turn. Now, companies looking to potentially join in on the projects
Read moreMexico News Roundup
By THÉRÈSE MARGOLIS A Shot of Nothing Mexican President Andrés Manuel López Obrador (AMLO) seems to be more obsessed over the incident in which one elderly woman in the northwestern state of Sonora was given an “empty” covid-19 vaccine injection last month than he claims the media is. The alleged mistake occurred when an apparently overworked nursing student accidently jabbed a
Read moreMexican Economy Contracts…Again
By THE PULSE NEWS MEXICO STAFF It will come as no surprise to most economists that the Mexican economy, which contracted by 0.1 percent in pre-covid 2019, once again registered a dramatic shrinkage in 2020. Despite constant assurances from leftist President Andrés Manuel López Obrador (AMLO) throughout the last 12 months that the nation’s economy was “on track” and would
Read moreMexico News Roundup
By RICARDO CASTILLO Rumors Abound Ever since Mexican President Andrés Manuel López Obrador (AMLO) announced in a tweet on Sunday, Jan. 24, that he had tested positive for coivd-19 and had gone into quarantine, countless rumors have been flying across the media and gossip mills as to the validity of his announcement. Some critics suggested that AMLO had not, in
Read moreMexico News Roundup
By RICARDO CASTILLO Outsourcing Vote Postponed The Mexican Chamber of Deputies postponed the vote on the outsourcing regulation bill, which was slated to take place on Thursday, Nov. 26. Now, the debate over it will continue until sometime next week. The decision came after there was an exponential increase of speakers taking the podium from 70, on Monday, Nov. 23,
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