XINHUA Retail sales in Mexico rose 7.8 percent in June compared to May, the National Institute of Statistics and Geography (Inegi) reported on Friday, Aug. 21. Sales of wholesale products grew by 11.1 percent in June, their first positive result in three months. The deputy governor of the Bank of Mexico, Jonathan Heath, explained that the figures released by the
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By RICARDO CASTILLO Sener Presents Blueprint for CFE and Pemex The Mexican Energy Secretariat (Sener) made public a blueprint of a plan to diminish the use of renewable energy from producers in order to strengthen the battered finances of the state-owned Federal Electricity Commission (CFE) and oil company Petróleos Mexicanos (Pemex). With this still-unapproved document, the Sener said it hopes
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XINHUA Mexico has formally nominated its veteran trade official Jesús Seade Kuri to be the next director general of the World Trade Organization (WTO), thus becoming the first member state to announce a candidate for the post since the WTO officially launched the selection process on Monday, June 8. According to a biographical note posted on the WTO website, Seade
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By RICARDO CASTILLO Partial National Shutdown As of Monday, March 30, Mexico officially entered into a month-long economic standstill to prevent close contact among citizens in order to avoid the spread of the Covid-19 virus. The announcement of the partial national shutdown, which will last through April 30, was made by members of Mexican President Andrés Manuel López Obrador’s (AMLO)
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By RICARDO CASTILLO The much-expected ideological clash between Mexican business and government is now here. It had not happened before because there had been civility on the part of the business community regarding the authentic democratic victory achieved by President Andrés Manuel López Obrador (AMLO) in July 2018. But it is now apparent that the business-AMLO friendly relationship may be,
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By RICARDO CASTILLO Mexico’s Economy Shielded In one of the multiple events of the four-day-long 31st Reunion of Ambassadors and Consuls 2020 organized by the Foreign Relations Secretariat (SRE) from Jan. 7 to Jan. 10, Treasury Secretary Arturo Herrera took the forum as an opportunity to claim that Mexico – one year after Andrés Manuel López Obrador’s (AMLO)
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By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico and former U.S. deputy ambassador to Afghanistan
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By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico
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By RICARDO CASTILLO … Each Latin American nation is different, not just in size. but also politically and economically, different to dire extremes…
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By THÉRÈSE MARGOLIS … In the midst of violent protests, Mexico’s embassy in Quito has granted political asylum to leftist opposition leader Gabriela Rivadeneira…
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