By THÉRÈSE MARGOLIS Less than a month after a contentious snap election spurred by a major corruption scandal, Austria’s still-de facto Chancellor Sebastian Kurz and his conservative, Christian-democratic People’s Party are in the midst of cautiously measuring potential new alliances, wavering between a weakened far-right Freedom Party (Kurz’s former partner, which was at the heart of the scandal and nearly
Read more
By THÉRÈSE MARGOLIS In yet another of his baffling political sleights of hand, Mexican President Andrés Manuel López Obrador (AMLO) on Wednesday, July 31, somehow managed to convince his adoring hordes of blind followers that a 0.1 percent growth rate for the second quarter of 2019 – which, in fact, confirmed that the country is in a state of economic
Read more
By RICARDO CASTILLO Let the fireworks light up the cloudy Mexican economics sky. The great news deserves the glow in the heavens. The economy grew in the second quarter of 2019 by 0.1 percent and, according to the National Institute of Geography and Statistics (Inegi), which carries out the official econometrics gaging, “there is no recession.” The news was made
Read more
By EARL ANTHONY WAYNE, former U.S. Ambassador to Mexico
Read more
By EARL ANTHONY WAYNE, former U.S. Ambassador to Mexico
Read more
By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico and Argentina
Read more
By RICARDO CASTILLO With a stroke of his pen, Mexican President Andrés Manuel López Obrador (AMLO) on Monday, May 20, eliminated tax waivers for big Mexican corporations that they had enjoyed since year 2000. The tax waivers were perfectly legal. They had been awarded by former Presidents Vicente Fox and Felipe Calderón, and sustained by Enrique Peña Nieto. In total,
Read more
By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico
Read more
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
Read more
By EARL ANTHONY WAYNE, former U.S. Ambassador to Mexico
Read more