By RICARDO CASTILLO Whereas U.S. presidential candidate Donald Trump’s visit during his first campaign on Aug. 31, 2016, represented a devastating political for then-Mexican President Enrique Peña Nieto, current Mexican President Andrés Manuel López Obrador’s (AMLO) visit to the White House on Wednesday, July 8, will surely be beneficial to the U.S.-Mexican bilateral agenda as the United States-Mexico-Canada Agreement (USMCA)
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By RICARDO CASTILLO Judge Implicated in Bribery Scandal The recorded phone negotiation made public by Mexico’s Fiscal General of the Republic was stunning. It was of the alleged negotiation between Francelia Salgado, mother of accused drugpin José Angles “El Mochomo” Covarrubias, and Assistant Judge Marco Aurelio González, who works directly under Judge María del Socorro Castillo Sánchez, head of the
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By RICARDO CASTILLO First USMCA Investment The Canadian firm Bombardier Recreational Products (BPR) announced on Thursday, July 2, the construction of a plant in Ciudad Juárez, Chihuahua, which will build four-wheel-drive vehicles, making it the first investment of the new era of the United States-Mexico-Canada Agreement (USMCA). The announcement was made in Mexico by the Economy Secretariat, claiming that the
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By RICARDO CASTILLO It took Mexican President Andrés Manuel López Obrador (AMLO) 15 years of campaigning to win the presidency on July 1, 2018. So, if you saw him celebrate on Wednesday, July 1, with a triumphal report to the nation. it meant that he is still gorging on the victory and rubbing it in the faces of all the
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By RICARDO CASTILLO AMLO Joins the Energy Fray Mexican President Andrés Manuel López Obrador (AMLO) joined the mounting energy fray after the Supreme Court admitted a challenge by the Federal Economic Competition Commission (Cofece) against the Energy Secretariat (Sener), stopping the implementation of the Policy for Trustworthiness, Security, Continuity and Quality in the National Electrical System, which was published in
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By RICARDO CASTILLO At the last minute, the Mexican Chamber of Deputies is scrambling to have ready the final approval of regulations for the United States-Mexico-Canada Agreement (USMCA) that will go into effect on Wednesday, July 1. On Monday, the Federal Gazette published the approval of the agreement by the Mexican Senate. In the meantime, on Monday, June 29, Foreign
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By RICARDO CASTILLO No Changes in Energy Laws After U.S. Ambassador Christopher Landau, echoing both U.S. and European energy investors, voiced concern over changes in Mexican energy regulations, Mexican President Andrés Manuel López Obrador (AMLO) denied that there had been any changes and vowed to respect all contracts from the previous administration. Landau also said that this was “not a
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By RICARDO CASTILLO AMLO Headed to Washington There is no doubt that Mexican President Andrés Manuel López Obrador (AMLO) will make his first international outing to Washington D.C. He announced this week that it was a done deal. The remaining problem is exactly when the trip will take place. AMLO has repeatedly stated he will do it in the first
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By RICARDO CASTILLO Last week, Mexican journalist Carlos Loret de Mola ran on the website Latinus.us an article enumerating the nine real estate properties of Public Function Secretary Irma Eréndira Sandoval and her husband, National Autonomous University of Mexico (UNAM) law professor and National Electoral Institute (INE) candidate for councilor appraiser John Mill Ackerman. The exposé, to call it by
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By RICARDO CASTILLO Fake Invoicing Party Is Over Slowly but surely, Mexico’s Tax Administration Service (SAT) and the country’s fiscal attorney general are going after those who practiced what became during the past administration the most popular sport among businessmen: tax evasion. Fiscal Attorney General Carlos Romero announced his office was issuing culprits a warning salvo to straighten up their
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