By THÉRÈSE MARGOLIS The Bank of Mexico (Banxico) lowered it predicted 2019 GDP growth rate for Mexico on Wednesday, Feb. 27, from between respectable 1.7 and 2.7 percent to an unexceptional 1.1 to 1.2 percent on Wednesday, Feb. 27. Citing a variety of causes from a global economic slowdown to internal factors such as fuel shortages (due to a nationwide
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By RICARDO CASTILLO Both houses of the Mexican Congress are about to embark on a rewriting of the Ley Federal del Trabajo (Federal Labor Law, or LFT). The LFT debate is expected to be multifaceted and particularly interesting, mainly because the administration of the current Mexican president, Andrés Manuel López Obrador (AMLO), will undoubtedly favor the exploited and beleaguered Mexican working class.
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By RICARDO CASTILLO Baseball aficionado President Andrés Manuel López Obrador (AMLO) was pitched two unrelated labor strikes in a row on the week of Jan. 21. One was in the state of Michoacán concerning teachers, and the other was in the border city of Matamoros launched by maquiladora (in-bond assembly) industry workers. Both strikes were swerving curves that smoked right past batting
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