AMLO’s Second Nationalization Is a Costly Hoax
with the transfers of more financial resources to the CFE to cover its new deficit, the people of Mexico will bear the cost in higher electricity bills
Read moreTag Archives: Rosanety Barrios
AMLO Buys Iberdrola Plants, May Have Gotten Burned in Deal
After four years of verbally barraging the Spanish-owned Iberdrola energy company, the AMLO administration would now be purchasing the bulk of that company’s Mexican power-generating plants for the sum of $6 billion
Read moreMexico Limits Fuel Imports to State-Run Agencies
By THE PULSE NEWS MEXICO STAFF The leftist government of Mexican President Andrés Manuel López Obrador (AMLO) announced this week that it will now restrict fuel imports to state-run agencies, thus dealing yet another blow to private-sector energy companies. On June 11, the Mexico’s Tax Administration Service (SAT) published a change to its foreign trade rules forbidding private parties from
Read moreYa Chole, Mr. AMLO!
By THÉRÈSE MARGOLIS When more than 4.7 million homes in the north of Mexico were left without light or heating on Monday, Feb. 15, President Andrés Manuel López Obrador (AMLO) was quick to resort to his favorite stock scapegoat for the subsequent humanitarian and economic repercussions: Blame it on past administrations. True to form, rather than assuming responsibility for the
Read more