Tag Archives: Pemex

AMLO Increases Foreign Debt by 46 Percent

By KELIN DILLON In the first 26 months of Mexican President Andrés Manuel López Obrador’s (AMLO) administration, Mexico’s foreign debt increased by $22.3 billion, an increase of 46 percent from the term of his predecessor, Enrique Peña Nieto (EPN). The difference in external debt accrued  between the two presidencies amounted to approximately $7.3 billion. Carlos Vázquez Vidal, an analyst at

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AMLO Promises to Make Mexico a ‘Utopia’

By THE PULSE NEWS MEXICO STAFF In what constituted his first trimestral State of the Nation Address on the night of Tuesday, March 30, Mexican President Andrés Manuel (AMLO) painted a rosy economic and social portrait of the country, promising a “new utopia” despite an 8.5 percent economic contraction in 2020 and more than 300,000 deaths so far from covid-19.

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20,000 Private Contracts Up for Review Following Energy Reform

By KELIN DILLON The controversial new changes to Mexico’s electricity law will now see the nation’s Secretariat of Energy (Sener) and Energy Regulatory Commission (CRE) review more than 20,000 permits granted to private individuals and enterprises in the energy sector under previous presidential administrations.  The review will look into permits to operate and open service stations outside of the Petróleos

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