By MARK LORENZANA A few days after U.S. Ambassador to Mexico Ken Salazar warned that growing insecurity across a number of Mexican states could have a negative impact on foreign investment in the country, Mexican daily newspaper Reforma released a report on Sunday, Aug. 28, detailing the contrasting homicide rates between cities on both sides of the U.S.-Mexico border, based
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By MARK LORENZANA Mexican Formula 1 (F1) driver Sergio “Checo” Pérez picked up his seventh podium finish this year as he finished second behind teammate and fellow Red Bull Racing driver Max Verstappen in another one-two finish for Red Bull on Sunday, Aug. 28, at the Belgian Grand Prix. It was a particularly impressive win for Verstappen, who had the
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By MARK LORENZANA Mexican President Andrés Manuel López Obrador (AMLO) is “pawning” Mexico’s future with his “preference for improvisation,” according to economist, author and journalist Jorge Suarez Velez in his weekly column for Mexican daily newspaper Reforma on Thursday, Aug. 25. This “improvisation,” according to Suarez Velez, is manifested in López Obrador’s penchant for promoting his friends “without experience or
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By MARK LORENZANA The arrival of Cuban doctors in Mexico will continue as long as there is a demand for specialists, said Zoé Robledo, director of Mexico’s Social Security Institute (IMSS), as more Cuban physicians were deployed in the country on Tuesday, Aug. 19 — this time in the Mexican states of Guerrero and Campeche. Around 50 Cuban doctors arrived
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By MARK LORENZANA Mexico’s Supreme Court (SCJN) is set to eliminate automatic preventive detention (jail without bail) in the country, arguing that it violates the human rights provided for in international treaties, in addition to the fact that it has been the reason for condemnation of Mexico by the Inter-American Court of Human Rights (IACHR). The move by the SCJN
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By MARK LORENZANA Mexico’s National Institute of Statistics and Geography (Inegi) announced on Tuesday, Aug. 23, that during the first 15 days of this month, the National Consumer Price Index (INPC) increased 0.42 percent, bringing the country’s annual rate of inflation to 8.62 percent. According to the Inegi, the INPC recorded its highest level since the second half of December
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By MARK LORENZANA The Covid-19 Vaccines Global Access (COVAX) will send 10 million Pfizer doses for children to Mexico, after President Andrés Manuel López Obrador (AMLO) threatened to file a lawsuit against the United Nations-backed alliance, which owes the country $75 million worth of vaccines. According to Mexican Undersecretary of Public Health Hugo López-Gatell, speaking at López Obrador’s daily press
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By MARK LORENZANA Foreign direct Investment (FDI) in Mexico had a strong annual growth of 49.2 percent in the first half of this year, helping the country accumulate $27.5 billion, according to preliminary figures from Mexico’s Economy Secretariat. According to a statement by the Secretariat of the Economy, the figure reflects “extraordinary movements, related to the merger of Televisa with
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By MARK LORENZANA Even as Mexican President Andrés Manuel López Obrador (AMLO) confidently claimed that in 2023 Mexico is “going to have a first-rate health system, one of the best in the world, universal for all” on the morning of Monday, Aug. 22, during his daily morning press conference, state-run drug distributor Biological and Reagent Laboratories of Mexico (Birmex) admitted
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By MARK LORENZANA The Mexican federal government has continued its trend of prioritizing subsidies over investments, despite the economic crisis brought about by the covid-19 pandemic. In the first six months of this year, subsidies and financial transfers totaled 463.5 billion pesos, according to data released by Mexico’s Secretariat of Finance (SHCP). In contrast, physical investment — which is focused on building, conserving
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