By MARK LORENZANA Mexican President Andrés Manuel López Obrador (AMLO) on the night of Thursday, Sept. 15, led the reenactment of Mexico’s Cry of Dolores, which marked the 212th year of Mexican independence — and the first time in two years that the event was staged at the Zócalo main plaza in downtown Mexico City due to the covid-19 pandemic.
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By MARK LORENZANA Mexico’s Chamber of Deputies — whose majority bloc consists of members of the leftist National Regeneration Movement (Morena) of President Andrés Manuel López Obrador (AMLO) — approved on the afternoon of Wednesday, Sept. 14, a proposal to use the Armed Forces for public security tasks until 2028. Yolanda de la Torre, a deputy of the centralist Institutional
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By MARK LORENZANA Mexican President Andrés Manuel López Obrador (AMLO) said on Thursday, July 14, in his daily press conference that there is strong interest from foreign investors to put up solar power plants in the country, but for this to happen control will be given to Mexico’s Secretariat of Energy (Sener), and the main partner will be the Federal
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OPINION By MARK LORENZANA Mexican President Andrés Manuel López Obrador (AMLO) loves delivering long-winded speeches. Anyone who has the stamina (and nothing else to do) should tune in sometime to his daily morning press conferences at the Palacio Nacional to experience firsthand how truly agonizing these morning sessions can be — they last for hours. U.S. President Joe Biden had
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By MARK LORENZANA The immigration issue needs to be a joint effort between Mexico and the United States, U.S. President Joe Biden told his Mexican counterpart, Andrés Manuel López Obrador (AMLO), during their conversation at the Oval Office of the White House in Washington, DC, Tuesday, July 12. López Obrador urged Biden to adapt an aggressive program to resolve immigration
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By MARK LORENZANA Six people were killed and at least eight more were injured after armed men stormed a family party in the early-morning hours of Sunday, July 10, in León, the most populous city of the central Mexican state of Guanajuato, local authorities reported. Individuals on board two motorcycles arrived, started shooting and then promptly fled the scene. Among
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By MARK LORENZANA According to experts, a shortage of water, gas and electricity in some Mexican states has caused limited investments in the country’s real-estate sector. Rafael Berumen, director of Colliers Mexico City, said that the scarcity of basic services in some areas of the country has caused retail, housing and industrial real-estate developers to reassess where to invest. One
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By MARK LORENZANA Mexico’s Financial Intelligence Unit (FIU) is investigating former Mexican President Enrique Peña Nieto for allegedly receiving wire transfers amounting to 26 million pesos. On the morning of Thursday, July 7, during the daily press conference of Mexican President Andrés Manuel López Obrador (AMLO), Pablo Gómez Álvarez, head of the FIU, said that the money transfers were allegedly made by a direct
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By MARK LORENZANA Just as Mexico’s inflation rate rose to 7.99 percent in June of this year, the U.S. financial services rating agency Standard & Poor’s (S&P) in its Global Ratings report on Wednesday, July 6, revised the outlook on its long-term ratings on Mexico from negative to stable. In addition, the S&P Global Ratings affirmed the country’s credit rating
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By MARK LORENZANA Alejandro Moreno, current president of Mexico’s centralist Institutional Revolutionary Party (PRI), declared a value of 5.3 million pesos for 15 real estate properties that he acquired between 2012 and 2015, but the total value of those properties actually amounted to 103 million pesos. According to Mexico’s Attorney General of the Republic (FGR) and the Campeche Prosecutor’s Office,
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