Tag Archives: Oil prices

Salvaging a Sinking Pemex

By RICARDO CASTILLO Critics are screaming their throats out claiming that Mexico is in a deep crisis! The daily answer from President Andrés Manuel López Obrador (AMLO) seems to be that Brooklyn street expression when you want to put down someone irately pointing their angry piping hot finger at you (straight out of Martin Scorsese’s 1970s classic “Taxi Driver”): “You

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Mexico News Roundup

By RICARDO CASTILLO Private Hospital Expropriations Mexican President Andrés Manuel López Obrador (AMLO) published an executive order on Friday, March 27, awarding the federal government the right to “make use of all medical sectors, public, social and private, in the regions affected by the Covid-19 pandemic.” In short, private hospitals may be privatized for pandemic use only. The decree, published

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Mexico News Roundup

By RICARDO CASTILLO Coverage Stops Peso, Oil Skids The Mexican government took several emergency measures to contain the downslide of the peso against the U.S. dollar over the weekend. The peso that got wobbled with a jaw punch but did not hit the canvas. It just showed shaky knees. Both the Central Bank of Mexico (Banxico) and the Treasury Secretariat

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Mexico News Roundup

By RICARDO CASTILLO Two Women’s Days It’s not amazing, given the nature of the brutality of some Mexican machos, to be witnessing the enormous support the two days of protest by Mexican women is getting just about from everywhere. You name it, social groups, universities, government secretariats (like Education, no classes on Monday, March 9) and entrepreneurial groups have all

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Mexico News Roundup

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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