By THE PULSE NEWS MEXICO STAFF Keeping President Andrés Manuel López Obrador’s (AMLO) promise on Thursday, March 3, to not raise gasoline prices as global crude oil prices soar will come with a hefty price tag for his administration, experts warned on Friday, March 4. Just last January, the fiscal stimulus granted by the government to gasoline consumers represented a
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By THE PULSE NEWS MEXICO STAFF While Mexican President Andrés Manuel López Obrador (AMLO) has set a deadline of 2024 for the nation to become self-sufficient in gasoline production, the country is severely lagging in the production of premium, high-octane gasoline, used by about 30 percent of all Mexican vehicles. Currently, Mexico’s state-run oil company Petróleos Mexicanos (Pemex) produces only 4
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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 The Tragic Saga of Victoria She came to Mexico as a refugee in 2018, with the hopes of eventually making her way to the United States and getting political asylum there. But for 36-year-old Salvadorian Victoria Esperanza Salazar Arriaza, the journey north would come to an abrupt end at the hands of the Mexican police, who, after
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