By RICARDO CASTILLO The next round of elections in Mexico is just around the corner. slated for Sunday. June 2. There will be political activity on different basis in six different states. Clearly, the attention will be most focused in the states of Puebla and Baja California. where elections for governor will be attracting the bulk of attention. They are,
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By THE PULSE NEWS MEXICO STAFF Despite the fact that Mexican President Andrés Manuel López Obrador (AMLO) promised that inflation would be kept at a maximum of 3.4 percent rate in 2019, overall price increases for the first half of March shot up to 3.95 percent, according to the National Consumer Price Index (INCO), a subdivision of the National Institute
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By THÉRÈSE MARGOLIS The Bank of Mexico (Banxico) lowered it predicted 2019 GDP growth rate for Mexico on Wednesday, Feb. 27, from between respectable 1.7 and 2.7 percent to an unexceptional 1.1 to 1.2 percent on Wednesday, Feb. 27. Citing a variety of causes from a global economic slowdown to internal factors such as fuel shortages (due to a nationwide
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By THE PULSE NEWS MEXICO STAFF Despite a downgrade by “Big Three” credit rating agency Fitch one day earlier, Mexican President Andrés Manuel López Obrador (AMLO) told reporters on Wednesday, Jan. 30, that the state-run oil company Petróleos Mexicanos (Pemex) is stronger financially than it has been in 30 years. The New York-based Fitch downgraded Pemex by two notches from
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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 THE PULSE NEWS MEXICO STAFF The administration of Mexican President Andrés Manuel López Obrador (AMLO) announced on Thursday, Jan. 17, that the federal Financial Intelligence Unit (UIF) has frozen the bank accounts of 37 businesses believed to be linked to huachicoleo (gasoline piracy). A statement issued by the UIF, which is a subsidiary of the Treasury Secretariat, noted that
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By THE PULSE NEWS MEXICO STAFF A drug gang faceoff at the Los Tres Portones ranch on the outskirts of the northern Mexican city of Miguel Alemán, Tamaulipas, resulted in the deaths of at least 20 people – 17 charged beyond recognition – and six burned vehicles, according to local security forces, who discovered the crime scene on Wednesday, Jan.
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By THÉRÈSE MARGOLIS While newly inaugurated Mexican President Andrés Manuel López Obrador (AMLO) was busy celebrating his elaborate and elongated, multi-sited inaugural ceremony, entertaining more than 20 foreign heads of state – including the likes of Venezuelan President Nicolás Maduro (a shining pillar of Latin American democracy, justice and respect for human rights, at its very best), Bolivian President Evo
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By THÉRÈSE MARGOLIS Three-quarters of all recent South Korean investment in Mexico has been in states that border the United States, according to a recent study conducted by the Universidad Tecnológico de Monterrey (Tec de Monterrey) in cooperation with the Korean Embassy here. “More than 80 percent of all accumulated Korean investment in Mexico — which now amounts to
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By RICARDO CASTILLO The rumblings of the upcoming Constitutional Wars are growing thunderous in Mexico’s cloudy political skies. Over the past two weeks, the group of 12 National Action Party (PAN) governors across the nation are threatening a rebellion against the “dictatorship” of President-elect Andrés Manuel López Obrador (AMLO) and his majority in both houses of Congress through the National
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