Mexican Economy Stagnates with Recession
XINHUA … Mexico’s economy underwent a recession in the first half of 2019 and stagnated in the third quarter…
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Luy’s Lines
Mexico’s Crucifixion by Recession
Read moreFigures 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
Read moreThe Mexican Recession that May Not Be
By RICARDO CASTILLO It’s the end of July and figures are beginning to trickle in regarding the state of Mexico’s economy. The first one landed on Friday, July 26, from the National Institute of Geography and Statistics (Inegi), which is the nation’s foremost authority in gauging financial and industrial trends and the news is not good since the Gross Domestic
Read moreA Review of the First Year of Five Mexican Presidents
By RICARDO CASTILLO The word “recession” currently seems to be striking terror in the heart of most Mexicans. And given the humongous volume of antagonism President Andrés López Obrador (AMLO) is confronting, the word is even more threatening to his opponents. Not only that, AMLO is fighting a war of economic terminology in which the truth is in the voice
Read moreWill Herrera Fit the Mold of AMLO’s Expectations?
By RICARDO CASTILLO Definitely the outstanding image in Mexico for the week July 8-12 was the stone-cold face of Arturo Herrera Gutiérrez as President Andrés Manuel López Obrador appointed him the government’s new finance secretary. Herrera Gutiérrez looked as if he was attending his own funeral. The fact is that a lot of political pundits noticed the grave gesture, that
Read moreNot Bad for AMLO’s First 100 Days
By RICARDO CASTILLO Among the top achievements that Mexican President Andrés Manuel López Obrador (AMLO) managed to accomplish and pass through Congress during his first 100 days, as noted in the address he delivered on Monday, March 11, at the National Palace in Mexico City are three laws: The Law of Eminent Domain, which gives the federal government the authority
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