By JUAN DE JESÚS BREENE One of the first topics in most high school world geography classes is, “Why are some countries rich while other countries are poor?” The answer is a relatively simple one: a combination of its level of corruption, its geography, climate, whether it is landlocked, security of property rights, economic flow and, one of the most
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By MARK LORENZANA The Mexican government has just created three new trust funds, or “fideicomisos,” despite a decree by President Andrés Manuel López Obrador in March of 2020 ordering the “extinction” of 109 trust funds to combat corruption. The beneficiaries of the three new discretionary trust funds created by the executive branch — without going through Congress — are the
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By MARK LORENZANA According to Mexico’s Tax Administrative Service (SAT), it only takes an average of 14.7 days for taxpayers to get their refunds, but some taxpayers have complained that they had to wait for more than 69 days. In an interview with Mexican daily newspaper Reforma on Monday, July 18, Rafael, a taxpayer, said that he had already been
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By THE PULSE NEWS MEXICO STAFF Civil organizations, prosecutors and lawyers on Friday, Feb. 11, condemned Mexican President Andrés Manuel López Obrador (AMLO) for publicly disclosing the alleged income of journalist Carlos Loret de Mola and warned that it constitutes a federal crime. During his the morning press conference in Hermosillo, Sonora, Friday morning, AMLO displayed a slide with a
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By KELIN DILLON More than a dozen members of Mexican President Andrés Manuel López Obrador’s (AMLO) team of assistants have quickly transcended their roles at his side into high-level government positions, a new report from El Universal has shown. The former assistants have been handed jobs in places ranging from the country’s Tax Administrative Service (SAT) to the National Commission
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