By THE PULSE NEWS MEXICO STAFF Newly instated Bolivian President Luis Arce will pay an official visit to Mexico on Wednesday, March 24, at the invitation of President Andrés Manuel López Obrador (AMLO) in order to participate in the observance of Indigenous Peoples Resistance Day the following day. }The Indigenous Peoples Resistance Day celebration is part of a larger month-long
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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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By RICARDO CASTILLO Committees Approve Energy Bill Late Monday, March 1, the Mexican Senate’s Energy, Environment and Legislative Studies Committees approved President Andrés Manuel López Obrador’s (AMLO) controversial electric energy bill, which went to the Senate floor on Tuesday, March 2, for a fast-track vote. AMLO had asked Congress to approve the bill without even the slightest of changes, despite
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By RICARDO CASTILLO AMLO, Biden in Virtual Meet On Monday, March 1, U.S. President Joe Biden is slated to hold a virtual conference with Mexican President Andrés Manuel López Obrador (AMLO). This will be the second virtual gathering both presidents have, the last one having been on Jan. 22. According to White House sources, the two are expected to discuss
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By RICARDO CASTILLO Cabeza de Vaca Jumps the Gun After Tamaulipas Governor Francisco García Cabeza de Vaca, along with his fellow National Action Party (PAN) deputies, headed by minority leader Carlos Romero Hicks, took the facility nearly by storm on Wednesday, Feb. 24, and held a press conference claiming that he was a victim of a witch hunt being directed
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By RICARDO CASTILLO Electricity Bill It will come as no surprise for most people in Mexico that President Andrés Manuel López Obrador’s (AMLO) Electricity Reform Bill was approved by the Chamber of Deputies, as programmed by Congress’ majority rule, now in the hands of the leftist National Regeneration Movement (Morena) political party, and will now head to the Senate. If
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By RICARDO CASTILLO Electricity Reform Bill Mexican President Andrés Manuel López Obrador (AMLO) on Sunday, Feb. 21, pleaded with Congress to pass his electricity reform bill. “I hope next week the (electricity) reform I presented to Congress will be approved to help strengthen the (state-owned) Federal Electricity Commission (CFE),” he said. AMLO spoke about the electricity bill in two acts
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By RICARDO CASTILLO Texas Gas Shortage The Arctic vortex that hit Texas and the north of Mexico on Monday, Feb. 15, did not catch the Federal Electricity Commission (CFE) unprepared, said the commission’s director, Manuel Bartlett Díaz. The cold spell was expected, and the subsequent gas shortage it produced was also to be expected, he said, but not just for
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By THE PULSE NEWS MEXICO STAFF In yet another bruising blow to Mexican President Andrés Manuel López Obrador’s headstrong efforts to undo the country’s Energy Reform, implemented in 2014 by his predecessor Enrique Peña Nieto, the national Chamber of Deputies’ Economic, Commercial and Competitive Commision (CECC) rejected his Electricity Reform Bill, which would limit grid providers almost exclusively to the
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By RICARDO CASTILLO Outages Set Off Political Sparks The electricity outages on Monday, Feb. 15, in six northern Mexican states may have been caused by the freezing temperatures affecting Texas, but they set off a new round of heated debates at Mexico’s Chamber of Deputies over President Andrés Manuel López Obrador’s (AMLO’s) Electricity Bill. Beyond Texas’ pumped gas shortage,
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