By MARK LORENZANA Despite the tortilla being one of the 24 products of Mexico’s basic basket included in the Package Against Inflation and Famine (PACIC), its price has increased from May to September of this year. On April 4, Mexican President Andrés Manuel López Obrador (AMLO) announced to the public a new price-control initiative — the PACIC – that established cost protection
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By KELIN DILLON As international inflation continues to dominate global economic forecasts, Mexico’s own ongoing bout with inflation has been no walk in the park itself; rather than ease up in September as anticipated by sector specialists, inflation only increased in Mexico across the course of the month, reaching 8.76 percent in the first half of September alone. According to
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By JUAN DE JESÚS BREENE Supposedly, sometime in July 2022, a baby was born and became the eighth billion member of the living human family. The planet’s population has doubled in 48 years. Quite an accomplishment. So the question might be, what is Mexico’s place in a global community of 8 billion people? The answer is tricky because there are
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By MARK LORENZANA President Andrés Manuel López Obrador (AMLO) on Wednesday, Sept. 7, accused businessmen in Mexico of increasing their profits especially in times of crisis, claiming that the Mexican Treasury will now ask them for an explanation. In his Wednesday morning press conference, López Obrador said that private businesses should instead help control price increases. He specifically mentioned the
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By KELIN DILLON According to the Mexican National Institute of Statistics and Geography’s (Inegi) annual National Survey on the Dynamics of Relationships in Households 2021 (Endireh), more than 70.1 percent of Mexico’s 50 million-plus women over the age of 15 have experienced at least one violent situation throughout the past 12 months, statistics reflective of Mexico’s enduring femicide crisis. The
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By MARK LORENZANA Mexico’s National Institute of Statistics and Geography (Inegi) announced on Tuesday, Aug. 23, that during the first 15 days of this month, the National Consumer Price Index (INPC) increased 0.42 percent, bringing the country’s annual rate of inflation to 8.62 percent. According to the Inegi, the INPC recorded its highest level since the second half of December
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OPINION By SILVIO CANTO, JR. Down in Mexico, the word is “homicides.” Unfortunately, there are too many of them. This is from Alfredo Corchado of the Dallas Morning News: “As of Thursday, Aug. 18, 128,923 homicides had been registered under (President Andrés Manuel) López Obrador (AMLO), with more than two years left in his term, which ends in December 2024. This
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PULSE NEWS MEXICO The “Real Thing” just got costlier this week in Mexico, when Coca-Cola Femsa bottlers announced on Monday, Aug. 15, that it was raising the price of its beverages by 1 peso per bottle or can. And as if that were not enough to hit your daily allowance pocketbook, next time you ask “Got Milk?” an affirmative answer
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XINHUA Mexican exports grew by 18.8 percent year-on-year in the first half of 2022, driven by oil and manufacturing shipments, the National Institute of Statistics and Geography (Inegi) reported Wednesday, July 27 The total value of exports reached $280.77 billion between January and June, according to the monthly Merchandise Trade Balance report. Meanwhile, imports into Mexico grew by 25 percent
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XINHUA The United Nations Food and Agriculture Organization (FAO) last week warned of a “dire” rise in hunger in Latin America and the Caribbean, after the number of people suffering from hunger in the region grew by 4 million between 2020 and 2021 amid the covid-19 pandemic. From its regional office for Latin America and the Caribbean in Santiago, Chile,
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