Tag Archives: private sector

Mexican Govt, Private Sector Sign New Infrastructure Accord

By THE PULSE NEWS MEXICO STAFF The Mexican government and private sector on Monday, Nov. 30, signed a second agreement to work together to build new public works infrastructure projects. The new accord will encompass 29 infrastructure projects worth a total of 228 billion pesos, Mexican Finance Secretary Arturo Herrera announced during the daily morning press conference of President Andrés

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AMLO’s Informe Was Delusional

By THÉRÈSE MARGOLIS Critics of Mexican President Andrés Manuel López Obrador (AMLO) wasted no time after his 45-minute Informe de Gobierno (State of the Nation Address) on Tuesday, Sept. 1, to attack his annual report as “false,” “misleading” and “delusional.” In the address — the second in the president’s six-year term — AMLO congratulated himself and his leftwing administration for

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AMLO Denies Mexican Businesses’ Alarm over Highway Cargo Assaults

XINHUA Mexican President Andrés Manuel López Obrador (AMLO) denied Wednesday, Dec. 18, that business owners are in a state of “alarm” over the levels of violent crime, such as armed robbery of cargo trucks. “Of course there are crimes committed on highways and at companies, and there is a problem of insecurity and violence, but there is no situation of

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Tren Maya Financing Changes Course

By THE PULSE NEWS MEXICO STAFF    When Mexican President Andrés Manuel López Obrador (AMLO) first proposed the ambitious construction of a tourist train that would cross through the southern states of Yucatán, Quintana Roo, Chiapas, Campeche and Tabasco, he said that 90 percent of the financing for the ambition project would come from private sector sources. The remainder of the

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Private Sector Races to the Rescue of Formula 1 in Mexico

By THE PULSE NEWS MEXICO STAFF Mexico City Mayor Claudia Sheinbaum announced Wednesday, Aug. 7, that, thanks to private sector sponsors, the city will, for at least three more years, retain its calendar spot for the Formula 1 (F1) Grand Prix, the highest class of single-seater auto racing under the Fédération Internationale de l’Automobile (FIA). Earlier this year, the capital’s

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Figures Show Mexico Not in Recession

By RICARDO CASTILLO    Let the fireworks light up the cloudy Mexican economics sky. The great news deserves the glow in the heavens. The economy grew in the second quarter of 2019 by 0.1 percent and, according to the National Institute of Geography and Statistics (Inegi), which carries out the official econometrics gaging, “there is no recession.” The news was made

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Building US-Mexico Cooperation on Education, Innovation and Workforce Development

By EARL ANTHONY WAYNE     Former U.S. ambassador to Mexico and public policy fellow at the Woodrow Wilson International Center in Washington, D.C. (On Jan. 25, Ambassador Wayne offered a conference on bilateral cooperation in the fields of education, innovation and workforce development at the Woodrow Wilson Center’s Mexico Institute’s Innovative Forum. This is a transcript of that presentation.) During my years as

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