Tag Archives: ITAM

Mexico’s Public Deficit Spikes by 24 Percent in 2022

By KELIN DILLON While Mexico has long been spending more than it brings in through revenue, 2022 saw the country’s public deficit increase by approximately 26 percent – the largest deficit spike it has experienced since 2016. According to figures from Mexico’s Secretariat of Finance (SHCP), Mexico’s public deficit between January and November of 2022 stood at 611.1 billion pesos,

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Panamanian President Asks AMLO to Show Respect

By THE PULSE NEWS MEXICO STAFF After Mexican President Andrés Manuel López Obrador (AMLO) accused Panamanian Foreign Minister Erika Mouynes of acting line the “Spanish Inquisition” for denying approval of disgraced historian Pedro Salmerón as his ambassador to that country on Tuesday, Feb. 2, and saying that the Central American nation’s president was no doubt not even aware of her ruling,

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Panama Rejects Salmerón, AMLO Offers Him Another Cushy Job

By THE PULSE NEWS MEXICO STAFF After the government of Panama formally rejected Mexican President Andrés Manuel López Obrador’s (AMLO) appointment of disgraced historian Pedro Salmerón as ambassador to that country, AMLO announced Tuesday, Feb. 2, that he will instead propose Alternate Senator Jesusa Rodríguez for the post. “It turns out that I proposed Salmerón for ambassador in Panama and,

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AMLO Says without Legal Charges, Salmerón Is Innocent

By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador (AMLO) — who is infamous for making unfounded and baseless accusations of corruption and other crimes against his political enemies and members of the press — said Wednesday, Jan. 19, that he would only consider formal legal suits currently under review in reconsidering his controversial appointment of former

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AMLO Defends Panama Envoy Appointment amid Allegations

By KELIN DILLON After controversy arose following Mexican President Andrés Manuel López Obrador’s (AMLO) appointment of former National Autonomous University of Mexico (UNAM) professor Pedro Salmerón Sanginés, who has been accused of sexual harassment, as the Mexican ambassador to Panama on Jan. 17, López Obrador has since doubled down on his choice, saying he would wait for “evidence to be

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A Tale of Two Huachicoleros

By RICARDO CASTILLO The talk of the day in Mexico continues to be the arrests for trial of alleged Petróleos Mexicanos (Pemex) budget-sacking artists Emilio Lozoya Austin and José Antonio Yépez Ortiz. The first is accused of crooked moves as director of the national oil company ,and the second actually is said to have called himself “owner” of the Pemex-owned

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A Political Schism in Peña Nieto’s PRI

By RICARDO CASTILLO     Last Sunday, May 6, Institutional Revolutionary Party (PRI) presidential candidate José Antonio Meade Kuribreña made a second launching of his floundering campaign. The change came perhaps too late, just 50 days before Mexico’s July 1 election. The fact is that until then, Meade – seen as an honest and indeed enthusiastic candidate – was one of a group of

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