Tag Archives: stock market

Mexico News Roundup

By RICARDO CASTILLO Corona “Beerus” Brewery Nixed at Border A poll carried out by Mexico’s Interior Secretariat (SeGob) over the past weekend (Saturday, March 21, and Sunday, March 22) resulted in an overwhelming vote against the establishment of Corona beer manufacturer Constellation Brands mega-brewery in the Mexican border city of Mexicali, on the Mexican side of Calexico and Imperial Valley,

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Asylum Seekers to US Must Now Await in Mexico

By THE PULSE NEWS MEXICO STAFF     While still haggling with Congress to avoid a government shutdown over his demand for additional monies to fund fa border wall or other border security measures, U.S. President Donald J. Trump scored at least one political victory on Thursday, Dec. 20, when Homeland Security Secretary Kirstjen Nielsen announced that migrants seeking asylum in the

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Is AMLO’s “New” National Guard Just More of the Same?

By RICARDO CASTILLO     For a prelude to a presidency, surely that of Mexican President-elect Andrés Manuel López Obrador (AMLO) has got too many dissonant chords. First it was his decision to control oil crude production that caused a market shakeup and further peso devaluation. Then came the cancelation of the ongoing construction of the new airport that sent markets skidding and pumped the

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Mexican Election Results Spark Market Jitters, Peso Decline

By THÉRÈSE MARGOLIS     It will take months, or even years, before Mexico sees the long-term economic consequences of its people’s passionate landslide vote to elect leftist populist Andrés Manuel López Obrador (AMLO) as their president on Sunday, July 1. But while there will no doubt be significant economic ups and downs in the months ahead, the Mexican Bolsa de Valores

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