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 Getting Back to Work The covid-19 lockdown is taking its toll everywhere in Mexico. The truth is, each and every able body in the country would rather be working than inventing in pastimes at home. But some who are already moving ahead of the pandemic are paving the road for when the moment comes to restart the
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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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By RICARDO CASTILLO Was there or was there not corruption involved in the construction of the now-defunct New International Mexico Airport (NAIM)? Just Monday, July 15, Mexican President Andrés Manuel López Obrador (AMLO) said there was corruption in many of the already-awarded construction contracts, while Communications and Transportation Secretary (SCT) Javier Jiménez Espriú stated that corruption was not an issue
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By THÉRÈSE MARGOLIS Mexican President Andrés Manuel López Obrador (AMLO) may only serve a six-year term (or, at least, that is what he is vowing at the moment, but then again, he keeps changing his mind on things and rewriting the constitution to suit his convenience, and we all know that his Venezuelan political role models seem to inspire a
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By RICARDO CASTILLO Baseball aficionado President Andrés Manuel López Obrador (AMLO) was pitched two unrelated labor strikes in a row on the week of Jan. 21. One was in the state of Michoacán concerning teachers, and the other was in the border city of Matamoros launched by maquiladora (in-bond assembly) industry workers. Both strikes were swerving curves that smoked right past batting
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By RICARDO CASTILLO The behemoth New International Mexico Airport (NAIM) project was declared defunct on Monday, Oct. 29, by President-elect Andrés Manuel López Obrador (AMLO) after the “no” vote triumphed overwhelmingly during the four-day (Oct. 25 through Oct. 28) national consultation poll carried out by the now-ruling National Regeneration Movement (Morena) political party. The airport construction, at about 20 percent completion (32
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