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
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By MARK LORENZANA The federal government of Mexico will spend almost 70 billion pesos more to finish two of its flagship railway projects: the controversial Tren Maya and the extension of the suburban train that will run from Lechería station in the State of Mexico (EdoMéx) to the new Felipe Ángeles International Airport (AIFA). On June 1, Mexico’s Secretariat of
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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,
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OPINION By RICARDO CASTILLO Old habits die hard! Mexico’s democratic political system is currently undergoing a return to an age-old political habit once known as “la sucesión” (“the succession”), in which one candidate was picked to replace the man in power. This succession routine became a political mainstay back in the days of one-party rule, and was ruthlessly enforced by
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OPINION By THE PULSE NEWS MEXICO STAFF If it’s Cinco de Mayo – in the United States, of course – it’s time to break out the tequila and celebrate. In Mexico, however, the date is just a faded memory of the 1862 Battle of Puebla against the French, who got walloped by a Mexican indigenous army – a minor speck
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By THE PULSE NEWS MEXICO STAFF In order to protest mounting insecurity along Mexico’s highways and toll charges, as well as increasing fuel prices, dozens of heavy cargo trucks set up blockades on Tuesday, March 22, in at least 20 states. Members of the Mexican Alliance of Organization of Transporters (Amotac) began their mobilizations with a blockade in the vicinity
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By THE PULSE NEWS MEXICIO STAFF A federal court on Monday, March 8, ordered the suspension of the environmental construction permit for the first three segments of one of Mexican President Andrés Manuel López Obrador’s (AMLO) pet vanity megaprojects, the Tren Maya tourist train, which would cut across the Yucatan Peninsula. The federal court suspended all construction of the 1.500-kilometer
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By JESSICA GUERRERO MORELIA, Michoacán — The democratic political life of Mexico, as in many other Latin American nations, is relatively young. In the last decade, a new chapter began in the construction of Mexican politics after the sudden arrival to the presidency of a newly created party. Breaking through and eventually displacing the parties that historically held political hegemony
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By THÉRÈSE MARGOLIS Halfway through his six-year term, Mexican President Andrés Manuel López Obrador (AMLO) may claim that nearly 60 percent of Mexicans still support him and his leftist Fourth Transformation (4T) administration, but it’s the remaining 40 percent he needs to worry about. Not only did his National Regeneration Movement (Morena) party lose significant political terrain in the June
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By JESSICA GUERRERO MORELIA, Michoacán — A month has passed since the Tula River, located in the central Mexican state of Hidalgo, overflowed and collapsed its banks, causing the deaths of 15 people and leaving thousands if Mexicans homeless. The flooding took place the night of Sept. 6, when the season’s heavy rains and the government’s poor management of drainage systems,
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