Tag Archives: Treasury Secretariat

What’s Behind AMLO’s Ever-Increasing Disdain for Democracy?

By THE PULSE NEWS MEXICO STAFF There seems to be no bounds when it comes to Mexican President Andrés Manuel López Obrador’s (AMLO) tenacious obsession with keeping his leftist National Regeneration Movement (Morena) party in power. As El Universal columnist and FOROtv news anchor Ana Paula Ordorica pointed out in a May 19 article for Americas Quarterly magazine, even when

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Private Investment In Mexico Hits Lowest Levels in 25 Years

By THE PULSE NEWS MEXICO STAFF Private investment in Mexico sank 19.89 percent in 2020, its biggest decline in 25 years.  The decrease in fresh investment, measured as the Gross Formation of Private Fixed Capital (GFCF), represents the deepest slide since the 1995 financial crisis, when investment dropped by 38.51 percent, according to seasonally adjusted figures from the National Institute

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AMLO Invests More in Tren Maya than on Pandemic

By THE PULSE NEWS MEXICO STAFF Despite the fact that Mexico still ranks in fourth place in the number of covid-19 deaths (after the United States, India and Brazil), President Andrés Manuel López Obrador’s (AMLO) administration has committed far more financial resources to his pet Tren Maya tourist train than to public health efforts to curb the pandemic, according to

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Mexico Airspace Design Leads to Noise Pollution Lawsuits

By THE PULSE NEWS MEXICO STAFF The problems with Mexican President Andrés Manuel López Obrador’s controversial Santa Lucía Airport project just keep adding up. In addition to work delays and over-expenditures, a high rate of workplace accidents and countless lawsuits over its prioritization and the cancelation of the previous private-sector New International Mexico Airport (NAIM) — not to mention the

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Former Mexican Diplomat Detained on Rape Charges

By THE PULSE NEWS MEXICO STAFF After a series of accusations of sexual abuse and rape began to mount against Mexican businessman and internationally recognized thinker Andrés Roemer Slomianski, Mexico’s Attorney General’s Office (FGR) formally ordered his arrest him on Wednesday, May 5. According to the FGR, after extensive investigation, it decided that there was sufficient evidence against Roemer for

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Mexico Ranks Second Worldwide in Capital Flight

By THE PULSE NEWS MEXICO STAFF Mexico placed as the country with the second-highest rate of capital flight in February, according to a report released earlier this week by the U.S. Treasury Department. In total, $11.531 billion in government bonds and corporate securities left the country in February, the Treasury Department said. Only Brazil registered a higher rate of capital

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Tren Maya Will Leave More than 3,000 Families Homeless

By THE PULSE NEWS MEXICO STAFF Mexico’s controversial Tren Maya tourist train, a pet project of President Andrés Manuel López Obrador (AMLO) that both national and international environmentalists have repeatedly warned could destroy over half of the Yucatan’s fragile species, will also leave more than 3,000 mostly indigenous Mexican families homeless, according to report published in El Universal newspaper on

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Santa Lucia Field Construction Continues…That Is, its Baseball Field

By THÉRÈSE MARGOLIS Work at Mexico’s controversial new Santa Lucia airport field is coming along right on track, according to government sources. Of course, the field in question is not Santa Lucía’s airfield, but its baseball field. Mexican President Andrés Manuel López Obrador (AMLO), who has made no secret of his personal penchant for the sport (even though the majority

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AMLO’s ‘Mañaneras’ Popularity Is Down, INE’s Credibility Is Up

By THE PULSE NEWS MEXICO STAFF According to a study conducted by the Mexican daily newspaper El Financiero, national public support for the “mañanera” morning conferences of President Andrés Manuel López Obrador (AMLO) fell from 49 percent to just 37 percent between March and April, placing their popularity at the lowest point so far in the president’s administration. The survey,

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