Tag Archives: Party of the Democratic Revolution

Mexico’s Cash Cow Runs Dry

By RICARDO CASTILLO     There’s no question about it: Mexico’s once-prolific cash cow has run dry. The country’s economic national pride, the state-run oil giant Petróleos Mexicanos (Pemex), is now in financial straits, with its latest corporate report showing that just in the last quarter of 2018, it “lost” over 2 billion pesos. That definitely makes Pemex the only oil company

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New Labor Central Kicks Off Under Gómez Urrutia

eNapoleón Gómez Urrutia, head of the Mexican Miners and Metal Smelters Union. Photo: veracruzenlasnoticas.com By RICARDO CASTILLO     The wheel of fortune has made a full circle for Mexican Senator Napoleón Gómez Urrutia. In 2006, Gómez Urrutia, then — and still — leader of the Mexican Miners and Metal Smelters Union, fled Mexico Canada-bound, charged with a $55 million embezzlement of union funds. Had he

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AMLO’s Trio of Dubious Appointments

By RICARDO CASTILLO      It’s been barely a month since Mexican President-elect Andrés Manuel López Obrador (AMLO) won the July 1 election, and he is already raising eyebrows — not so much for his victory, but because some of the nominations he has made. Particularly grabbing attention are the appointments of several persons to his energy management cabinet. Definitely, the least

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