XINHUA Mexico needs a “comprehensive reform agenda” to boost investment and economic growth, the Organization for Economic Cooperation and Development (OECD) said Monday, Feb. 21. After cutting its economic forecast for Mexico’s growth expectations for 2022 from 3.3 percent to just 2.3 percent, OECD Secretary General Mathias Cormann, warned that in order to spur higher growth, Mexico would have to
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By THÉRÈSE MARGOLIS While Mexican President Andrés Manuel López Obrador (AMLO) continues to dole out high-ranking (and high-paying) government jobs to luggage porters and entourage traffic managers with little or no academic or professional qualifications (other than their undying loyalty to him), on Monday, June 22, he ousted one of his “most-uncompromising” (his words) proselytes from her office as head
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XINHUA The Mexican economy is recovering at different “two speeds” from the collapse caused by the covid-19 pandemic, with exports growing at a steady pace and consumption gradually increasing with fits and starts, the Organization for Economic Co-operation and Development (OECD) said on Monday, May 31. During a virtual press conference, OECD economist for Costa Rica and Mexico Alberto González
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By THÉRÈSE MARGOLIS Three years after Mexican students were ranked last among 38 Organization for Economic Cooperation and Development (OECD) countries in math, science and reading by the Program for International Student Assessment (PISA), the country has apparently suspended the tests altogether. Tue Halgreen, a senior analyst at PISA headquarters in France, confirmed the suspension of field tests in Mexico
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By RICARDO CASTILLO Lozoya Case Postponed The start date for the trial of former Petróleos Mexicanos (Pemex) Director Emilio Lozoya Austin was postponed on request of the Mexican Attorney General’s Office due to pandemic-related complications. The deadline was supposed to be last Sunday, March 7. Judge José Artemio Zúñiga Mendoza, however, granted investigators more time to conclude the presentation of
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By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico
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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 LeBarón Case Falls in Fiscal’s Lap The Fiscal General of the Republic (FGR) has under its aegis “total control” over information regarding the murder of six children and three women in northern Mexico last Nov. 4, all of them members of the Mormon binational LeBarón family. Mexican Interior Secretary (SeGob) Olga Sánchez Cordero made the official announcement
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By THÉRÈSE MARGOLIS There’s no denying that Mexican President Andrés Manuel López Obrador (AMLO, as he likes to be called) is charismatic, and he definitely puts on a great show. In fact, his daily song and dance act at the National Palace has become a standing-room-only extravaganza with “sold-out” crowds of politically developmentally challenged proselytes who see him as
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By THÉRÈSE MARGOLIS The very astute U.S. political columnist and comedian Will Rogers once quipped: “If you find yourself in a hole, stop digging.” Sage advice, and solid counsel that Mexican President Andrés Manuel López Obrador (AMLO) would do well to follow. But even before he took office in December of last year, Mexico’s populist president has been excavating his
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