Ever since the first cross-country railroad from Tapachula on the Guatemalan border to the Juárez at the U.S, border, developing the isthmus into a Panama-type of interoceanic link has been in the plans of numerous Mexican governments
Read more
According to López Obrador, Grupo México has volunteered to temporarily concede the 120 kilometers of tracks on Ferrosur’s southeastern Tehuantepec Isthmus Railroad to Semar in exchange for an extended eight-year concession period for this same stretch of tracks spanning from 2036 to 2044
Read more
By MARK LORENZANA The value of oil imports and the trade deficit in hydrocarbons reached an all-time high in the first five months of the year due to the global rise in crude oil prices, a situation that could complicate Mexico’s public finances, experts said on Tuesday, June 28. From January to May of this year, the prices of light
Read more
OPINION By RICARDO CASTILLO The Isthmus of Tehuantepec is back in the news now that U.S. Ambassador to Mexico Ken Salazar announced last week a potential $500 billion investment in the new transoceanic project to link up Salina Cruz in the Pacific with the Coatzacoalcos port in the Gulf of Mexico. Hazy as Salazar’s financial plan may be for now,
Read more
By THE PULSE NEWS MEXICO STAFF Mexican Finance (Hacienda, or SHCP) Secretary Rogelio Ramírez de la O will need to earmark at least $8.9 billion of federal funds for the state-run oil company Petróleos Mexicanos’ (Pemex) refinery division between 2022 and 2024 in order for the country to become self-sufficent in gasoline production, according to a study conducted by the
Read more
By THÉRÈSE MARGOLIS There’s no debating the fact that Mexican President Andrés Manuel López Obrador (AMLO) knows which side of his bread is buttered on (and which side to keep on buttering). As his popularity continues to wane due to his disastrous mismanagement of the covid-19 pandemic, his head-strong insistence on pouring seemingly endless funds into a moribund state-run energy
Read more
By RICARDO CASTILLO Police Brutality Accusations After a raucous weekend of protests and arbitrary arrests, the Jalisco State Human Rights Commission (CEDHJ) is demanding that all police commanders who participated in the detentions be removed from their posts. At the top of the list is the state attorney general, Gerardo Octavio Solís, who allegedly ordered the arrests of the protesters,
Read more
By RICARDO CASTILLO This is yet another article about the Isthmus of Tehuantepec, but to make sense of the matter, let me start somewhere else. Once the U.S. star spangled banner was flying over the National Palace in Mexico City — back on Sept 13, 1847, to be exact – then-U.S. President James Polk was asked, with the new conquest
Read more
By RICARDO CASTILLO … Singapore’s prime minister met with AMLO to discuss his nation’s potential involvement in the Tehuantepec Isthmus project…
Read more
By RICARDO CASTILLO One of several reasons why Andrés Manuel López Obrador (AMLO) won the 2018 Mexican presidential elections was his protest against former President Enrique Peña Nieto’s energy reform. Back in 2013, AMLO demanded that a referendum be held during the 2015 mid-term election to seek voters’ approval of the reform. Peña Nieto refused to carry out that
Read more