By RICARDO CASTILLO AMLO Reshuffles his Queens The reshuffling of women in the Mexican presidential cabinet that was announced on Monday, Dec. 7, may not be to the liking of many, but the dice have already rolled and the shots stand. The problem with the five reappointed women in the cabinet of President Andrés Manuel López Obrador (AMLO) is not
Read more
By KELIN DILLON Mexican President Andrés Manuel López Obrador (AMLO) announced on the morning of Monday, Dec. 7, that he would be replacing several members of his cabinet, including proposing his former campaign coordinator, Tatiana Clouthier Carrillo, to replace the country’s current secretary of economy, Graciela Márquez Colín. AMLO proposed Márquez Colín to become a board member of the National
Read more
XINHUA Consumer confidence in Mexico declined in November compared to the previous month after five months of increase, dragged down by greater pessimism about the economy and the covid-19 pandemic, the National Institute of Statistics and Geography (Inegi) said Friday, Dec. 4. The Consumer Confidence Index (CCI) stood at 36.7 units in November, one point lower than in October and
Read more
By RICARDO CASTILLO Ominous Holiday Warning After expert epidemiologists forecast an ominous surge of covid-19 infections for January, Mexican President Andrés Manuel López Obrador (AMLO) issued a public call on Friday, Dec. 4, for people to avoid attending traditional holiday “posadas” gatherings, which usually begin in mid-December and run through Christmas Eve, and to stay home as much as possible
Read more
By RICARDO CASTILLO Alfonso Romo Quits Mexican President Andrés Manuel López Obrador’s (AMLO) chief of staff for the past two years, entrepreneur Alfonso Romo, turned in his resignation on Wednesday, Dec. 2. Speaking during his morning press conference on Thursday, Dec. 3, AMLO that Romo “will continue to be my liaison with the business sector.” “The truth is that he
Read more
XINHUA Vehicle sales in Mexico rose 13 percent in November compared to the previous month, for seven consecutive months of growth following the economic impact of the novel coronavirus pandemic, the National Institute of Statistics and Geography (Inegi) said on Wednesday, Dec. 2. Mexican distributors sold 95,485 vehicles in November, compared to 84,307 units the previous month, according to Inegi.
Read more
By RICARDO CASTILLO During his second annual State of the Nation Address on Tuesday, Dec. 1, Mexican President Andrés Manuel López Obrador (AMLO) said that, thanks to the mega energy projects his government has implemented and the financial rescue of the state-run Petróleos Mexicanos (Pemex) oil interest, the country will cease importing gasoline in the year 2023. “This will happen
Read more
By RICARDO CASTILLO Mexico Pre-Purchases Covid Vaccines Mexico clinched the purchase of 200 million anti-covid-19 vaccines to protect 100 million people (about 80 percent of the population), the Foreign Relations Secretariat (SRE) announced through Twitter on Friday, Nov. 27. SRE Secretary Marcelo Ebrard and the secretariat’s team of vaccine procurement buyers for individual laboratories and the World Health Organization (WHO)
Read more
XINHUA Mexico registered a record trade surplus of $6.224 billion in October, amid a rebound in exports, mainly to the United States, the National Institute of Statistics and Geography (Inegi) reported on Friday, Nov. 27. Exports in October totaled $41.945 billion, a year-on-year increase of 2.9 percent, underpinned by non-oil exports, the autonomous statistics agency said in a report. However,
Read more
XINHUA Mexico’s economy faces an environment of uncertainty and risks, mainly due to the possibility of a second wave of novel coronavirus (covid-19) outbreaks, the governing board of the central Bank of Mexico (Banxico) said on Thursday, Nov. 26. In the recently released minutes of a Nov. 12 monetary policy meeting, the majority of the board’s five members said they
Read more