By THE PULSE NEWS MEXICO STAFF The highly respected British news magazine The Economist compared Mexican President Andrés Manuel López Obrador (AMLO) to the late slapstick comedian Cantinflas in its Saturday, July 17 edition. “It is a question that might have been devised by Cantinflas, a comic actor who turned the Mexican taste for circumlocution into an absurdist art form,”
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By THE PULSE NEWS MEXICO STAFF Despite efforts by Mexico’s Central Bank (Banxico) last month to rein in inflation through a hike in interest rates, the average price of regular unleaded gasoline hit 24 pesos per liter on Monday, July 12, its highest cost ever, according to the country’s Energy Regulatory Commission (CRE), which is in charge of monitoring fuel
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By THÉRÈSE MARGOLIS Among the myriad of self-ordained unofficial titles that Mexican President Andrés Manuel López Obrador (AMLO) has acquired over his so-far two-and-a-half-year-term of office is that of clergy-in-chief. Indeed, it is not uncommon for the president to transition his daily political bully pulpit into a religious pulpit during his two-hour-long morning press conferences. And one of his favorite
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By KELIN DILLON In the first three years of Mexican President Andrés Manuel López Obrador’s (AMLO) six-year term, Mexico’s Attorney General of the Republic (FGR) has acted in López Obrador’s favor four times at his direct suggestion, leaving the institution’s impartiality in question. Recently, the FGR announced its case against former Secretary of the Economy Ildefonso Guajardo Villarreal for illegal
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By KELIN DILLON Petróleos Mexicanos (Pemex), Mexico’s government-owned petroleum company, is reportedly on track to have a record-breaking amount of stolen gas in the year 2021, thanks to Mexico’s “huachicoleros,” meaning gas thieves. Since the official record of gas thefts in the country in 2011, the huachicoleros reportedly upped their efforts 3,108 percent between 2019 and May of 2021. Pemex’s
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By THE PULSE NEWS MEXICO STAFF The leftist government of Mexican President Andrés Manuel López Obrador (AMLO) announced this week that it will now restrict fuel imports to state-run agencies, thus dealing yet another blow to private-sector energy companies. On June 11, the Mexico’s Tax Administration Service (SAT) published a change to its foreign trade rules forbidding private parties from
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By KELIN DILLON A report by Bank of America (BoA) has revealed that environmental accidents committed by Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) have only increased under the administration of current President Andrés Manuel López Obrador (AMLO). “Areas of concern include 16 major refinery accidents since AMLO took office,” read the U.S. bank’s report, also highlighting the disastrous ocean
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By KELIN DILLON Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) was reportedly handed the lucrative operation of the Zama megafield in the Gulf of Mexico on Saturday, July 2, the same day a burst Pemex pipeline caused a huge fireball in the ocean, which attracted attention and criticism worldwide. Discovered in 2017 by private company Talos Energy, the Zama megafield
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By KELIN DILLON Environmentalists are lashing out against Mexico’s oil-friendly practices after the appearance of a massive fireball in the Gulf of Mexico on Friday, July 2, which was caused by a leak in one of state-owned oil company Petróleos Mexicanos’ (Pemex) pipelines through the area. The massive fire “demonstrates the serious risks that the fossil fuel model in Mexico
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By KELIN DILLON More than a dozen members of Mexican President Andrés Manuel López Obrador’s (AMLO) team of assistants have quickly transcended their roles at his side into high-level government positions, a new report from El Universal has shown. The former assistants have been handed jobs in places ranging from the country’s Tax Administrative Service (SAT) to the National Commission
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