By THE PULSE NEWS MEXICO STAFF Political uncertainty, excessive bureaucracy and growing insecurity have caused Mexico to drop 13 places on the international mining attractiveness index in just two years, and investment in the sector to fall 42.8 percent in that same period. According to the Canadian Fraser Institute research center, while in 2018 Mexico ranked 29th out of 83
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By THE PULSE NEWS MEXICO At least seven miners were trapped underground on Friday, June 4, when the walls of a small-scale coal mine collapsed in the northern Mexican state of Coahuila, just south of Texas. According to the Coahuila Labor Secretariat, the mine, located just outside the town of Muzquiz, collapsed when the walls of an adjoining inactive mine
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By RICARDO CASTILLO AMLO and Governors Powwow Mexico’s 32 governors are giddying up to meet on Wednesday, Aug. 19, with President Andrés Manuel López Obrador (AMLO) in San Luis Potosí. Previous to the in-person summit, a group of 10 governors known as the Federalist Alliance video conferenced on Saturday, Aug. 15, to outline a plan of discussion with the president.
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By RICARDO CASTILLO Government Downsizing The exact significance of politically oriented economic moves is inevitably in the eye of the beholder. This past week, there several events occurred in Mexico that have been interpreted according to different interests. Businessmen generally consider downsizing a natural move to make a company more profitable But in terms of government cuts, that same downsizing
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By RICARDO CASTILLO Trembling Back to the Workplace Fearing both the covid-19 contagion and not having money to make ends meet, limited numbers of Mexican auto and construction industries workers reported to work on Monday, June 1. The Mexican tourism industry is being more cautious and postponing opening until later in the month. Unions at the auto, construction and mining
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By RICARDO CASTILLO Mexican Army Grooves to Music and Dance The Mexican Armed Forces (Army, Navy and Air Force) took a two-day-long recess to commemorate the 107th anniversary of its foundation on Feb. 19, 1913. The celebration began on the night of Tuesday, Feb. 18, with the National Defense Secretariat (Sedena) Symphony and Choir delivered a spectacular concert, mostly for officers,
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By RICARDO CASTILLO Mexican Constitution Day Though officially sessions for both houses of the Mexican Congress kicked off on Saturday, Feb. 1, the first gathering to discuss legal issues will be on Mexico’s Constitution Day, Feb. 5. By now, 14 months after he was sworn in, President Andrés Manuel López Obrador (AMLO) has most of his campaign legislative agenda laid
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By THÉRÈSE MARGOLIS Tlalpujahua, a little mountain town on the northeast end of the Mexican state of Michoacán, just two and a half hours outside Mexico City, didn’t start off to be a Christmas village. In fact, when it was first founded by Spanish settlers back in 1560, it was primarily a mining town, home to the Dos Estrellas mine,
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XINHUA Mexico’s government may turn to developing its significant lithium deposits, but only after its oil industry is back on its feet, President Andrés Manuel López Obrador said on Friday, Dec. 13. That decision is mainly due to budget constraints that require the government to focus on recovering oil output before investing in other areas, AMLO told reporters at his
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By RICARDO CASTILLO Is the Damocles sword a mythical tale? Surely not for Mexican President Andrés Manuel López Obrador (AMLO), who now sees it swinging over his political neck like a pendulum in the form of international rating agencies Fitch, Moody’s and S&P. The awesome rating threesome has lashed out against Mexico, putting the nation’s economy not on a downward
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