By THÉRÈSE MARGOLIS The very astute U.S. political columnist and comedian Will Rogers once quipped: “If you find yourself in a hole, stop digging.” Sage advice, and solid counsel that Mexican President Andrés Manuel López Obrador (AMLO) would do well to follow. But even before he took office in December of last year, Mexico’s populist president has been excavating his
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By RICARDO CASTILLO In tandem with the announcement on Monday, April 29, of the additional construction of the Santa Lucía military airport — now renamed the Felipe Ángeles Airport — just northwest of the Teotihuacán Pyramids, Communications and Transportation Secretary Javier Jiménez Espriú surreptitiously released to the handpicked newspaper El Universal as well as to journalist Jorge Zepeda, copies of
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By RICARDO CASTILLO It’s official: The “pharaonic” construction of the New International Mexico Airport (NAIM) was announced defunct last Dec. 27 The cancellation of the ongoing construction comes four years after former President Enrique Peña Nieto, along with the Mexico City Airports Group – in charge of building – announced its beginnings. The decision was announced by the new Mexican
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By THE PULSE NEWS MEXICO STAFF The Mexican government will investigate allegations of the misappropriation of more than 17 billion pesos earmarked for the now-suspended construction of the New International Mexico Airport (NAIM), President Andrés Manuel López Obrador (AMLO) announced Monday, Jan. 7, during his regular morning news conference at Palacio Nacional. AMLO said that he had reviewed the case
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By THÉRÈSE MARGOLIS Money, in addition to being the fuel that powers any nation’s economy, is the tangible record of its unique history. The coins, bills and promissory notes a country mints inevitably carry portraits and images of iconic national heroes and patriotic symbols, reflecting the country’s inimitable ideology and fundamental principles. Since 1992, the Museo de Numismática del Estado
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By THÉRÈSE MARGOLIS After ranting and raving throughout most of his campaign and the five months after his July 1 landslide leading up to his Dec. 1 inauguration, about the imperative need to cancel a half-built international airport on the lakebed of Texcoco, in the State of Mexico (Edoméx) to serve Mexico City’s over-extended Benito Juárez International Airport (not to mention holding
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By RICARDO CASTILLO Here’s the sequence of events that led to a market selloff at the Mexican Stock Exchange (Bolsa Mexicana de Valores) that provoked the loss of nearly 6 percentage points and nearly 90 billion pesos over the last week, mostly for banks. First, on Wednesday, Nov. 7, came the not-so-casual news from the National Regeneration Movement (Morena) political party majority leader
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By RICARDO CASTILLO Here in Mexico, we have witnessed a lot more than a tempest in a teapot as President-elect Andrés Manuel López Obrador (AMLO) is claiming over the new airport debate. The cancellation of the construction of the New International Mexico Airport (NAIM) has unleashed the virulent “fifi” press against the future president of Mexico. It was, however, a
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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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By RICARDO CASTILLO The open referendum to approve or disapprove the no-binding construction of the New International Mexico Airport (NAIM) started on Thursday, Oct. 25, and will end on Sunday, Oct. 28. In case you’re not tuned into the situation, which is the nation’s largest and noisiest gossip topic nowadays, here are some of the pro and con opinions regarding the controversial
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