By RICARDO CASTILLO Pemex Drops Fitch, But It’s Not Reciprocal The Mexican state-owned oil company Petróleos Mexicanos (Pemex) dropped the international ratings firm Fitch from its budget on Tuesday, March 2, saying that it “no longer needs” the New York-based company’s services. Fitch’s ratings of the humongous Pemex debt has been harsh, and in its latest move. Fitch downgraded
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XINHUA Monterrey’s next two matches in Mexico’s Clausura tournament have been postponed because of a coronavirus outbreak within the club, the Liga MX said on Wednesday, Jan. 20. The clash against reigning champions León, which had been scheduled for this Saturday, Jan. 23, will now be played on March 10, while the Jan. 29 duel with Puebla has been shifted
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By RICARDO CASTILLO Outsourcing Bill on Collision Course The bill to “reform labor outsourcing” sent to the Chamber of Deputies by Mexican President Andrés Manuel López Obrador (AMLO) last week is definitely heading toward a collision course in Congress. Mexican Labor Secretary Luisa María Alcalde complied the bill with the helping hand of the heads of the Mexican Treasury (Hacienda),
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XINHUA José Cruz has been named manager of Necaxa for the rest of the Liga MX Apertura season, the baseball club announced on Sunday, Sept. 6. The 52-year-old replaces Alfonso Sosa, who was sacked on Friday, Sept. 4, after a 2 to 0 home defeat to León, a result that left Necaxa 15th in the 18-team standings, with just two
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By RICARDO CASTILLO AMLO Joins the Energy Fray Mexican President Andrés Manuel López Obrador (AMLO) joined the mounting energy fray after the Supreme Court admitted a challenge by the Federal Economic Competition Commission (Cofece) against the Energy Secretariat (Sener), stopping the implementation of the Policy for Trustworthiness, Security, Continuity and Quality in the National Electrical System, which was published in
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By RICARDO CASTILLO Bleak Outlook on Poverty There is no question that Mexico’s gross domestic product will plummet this year. The question is how much it will fall, and guesses range from between 5.7 percent to 10.5 percent. A recent study by the National Council for the Evaluation of Social Development (Coneval) presented two different economic scenarios for the rest
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By RICARDO CASTILLO Two Women’s Days It’s not amazing, given the nature of the brutality of some Mexican machos, to be witnessing the enormous support the two days of protest by Mexican women is getting just about from everywhere. You name it, social groups, universities, government secretariats (like Education, no classes on Monday, March 9) and entrepreneurial groups have all
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By RICARDO CASTILLO … A quick review of the most important news items in Mexico over the last few days…
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By RICARDO CASTILLO The organized Cinco de Mayo marches in different cities across Mexico on Sunday, May 5, were the first organized protests against the administration of President Andrés Manuel López Obrador (AMLO). There was one in Mexico City that garnered about 15,000 participants, according to figures released by the Mexico City government, and less meaningful ones in Guadalajara and
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