Tag Archives: unemployment

Mexican Rating Agency Foresees 1 Million Job Losses for Q2

XINHUA While the Mexican government has admitted that at least 500,000 workers have already lost their jobs due to the covid-19 pandemic, the Mexican-based HR Ratings is predicting twice that many jobs will be lost in the second quarter of 2020. On Wednesday, May 8, the agency projected a 36 percent nosedive in Mexico’s gross domestic product (GDP) in the

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17 Months of Poor Governance

By KITZIA NIN PONIATOWSKA In 17 months of poor governance, Mexican President Andrés Manuel López Obrador (AMLO) has surpassed his predecessors Carlos Salinas de Gortari in terms of currency devaluation, Ernesto Zedillo in terms of economic recession, Vicente Fox in incompetency, Felipe Calderón in the number of homicides and Enrique Peña Nieto in terms of corruption and ignorance. In less

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The View from the North: Why Trump Halted Immigration

By SILVIO CANTO, JR. Not surprisingly, U.S. President Donald Trump has signed what he calls a pause to immigration to the United States for 60 days while the country battles with the spread of the covid-19 coronavirus. This announcement has spurred massive controversy both in the United States and abroad, particularly in Mexico. But it is important to understand that

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The Greatest Showman

By THÉRÈSE MARGOLIS       There’s no denying that Mexican President Andrés Manuel López Obrador (AMLO, as he likes to be called) is charismatic, and he definitely puts on a great show. In fact, his daily song and dance act at the National Palace has become a standing-room-only extravaganza with “sold-out” crowds of politically developmentally challenged proselytes who see him as

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Iranian Envoy Uses National Day Platform to Bash US

By THÉRÈSE MARGOLIS     Echoing the tone of Iranian President Hassan Rouhani’s speech one day earlier in Tehran, Iranian Ambassador to Mexico Mohammad Taghi Hosseini took advantage of his national day reception on Tuesday, Feb. 12, to bask the United States and underscore his government’s unflinching commitment to the values of the now-40-year-old Islamic Revolution. “The 1979 Islamic Revolution marked a

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