By RICARDO CASTILLO The sudden cancellation of a coal-purchasing contract by Mexico’s state-owned Federal Electricity Commission (CFE) came as a bucket of ice water to supplier mining company Micare, a subsidiary of steel mill Altos Hornos de México (AHMSA). The issue, however, is a lot more complicated than just a breach a contract. The first thought that comes to mind
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By RICARDO CASTILLO Pressure to Restart Work Pressure on the Mexican government to get the economy going again is mounting from all sides. Health Secretary Jorge Alcocer, who is responsible for determining which municipalities and industries can reopen, however, does not yet have an answer. “In general there are approximately 990 municipalities applying to restart, but only about a third
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By RICARDO CASTILLO USMCA Is a Done Deal Happiness is a good trade deal. And a great Christmas gift for Mexican President Andrés Manuel López Obrador (AMLO) since it affords the country a potentially secure economic future once all of the minor hurdles have been cleared. The passage of the United States-Mexico-Canada Agreement (USMCA, or T-MEC, in Spanish), which was finally
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By RICARDO CASTILLO … The leftist parties in Mexico have followed a complicated and convoluted path to political power,..
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By RICARDO CASTILLO It’s been barely a month since Mexican President-elect Andrés Manuel López Obrador (AMLO) won the July 1 election, and he is already raising eyebrows — not so much for his victory, but because some of the nominations he has made. Particularly grabbing attention are the appointments of several persons to his energy management cabinet. Definitely, the least
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