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AMLO
Mexican President Andres Manuel Lopez Obrador’s first 100 days in office have combined a compulsive shedding of presidential trappings with a dizzying array of policy initiatives, and a series of missteps haven’t even dented his soaring approval ratings. Lopez Obrador has answered more questions from the press, flown in more economy-class flights, posed for more...
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International lenders active in Mexico are targeting less risky companies to maintain some exposure in a country adjusting to sweeping new policies from the newly-elected left-wing president Andrés Manuel López Obrador. “There is still some uncertainty regarding the new public policies of the new administration, particularly those designed for economic growth. The market is still...
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Almost a million Americans live without the proper papers on the other side of the wall that President Donald Trump plans to complete with federal funds. The big difference is that some emigrants arrive with dollars and their credit card. That is why some are expelled from thousands and others are deported – at most...
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Voters approved all ten pet projects of Mexico’s President-elect Andres Manuel Lopez Obrador in a referendum questioned because of low voter turnout. A controversial proposal for a train that would connect the main tourist attractions across the Yucatan Peninsula was approved by almost 90 percent. Lopez Obrador has brushed aside doubts about the economic feasibility...
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Investor confidence in Mexico was rattled last week after the president-elect abandoned a US$13bn airport project, raising fears that policy direction may soon take a more populist bent. The US$6bn bonds that helped fund the project slipped multiple points after a four-day consultation that resulted in Mexicans voting in favour of refurbishing existing airports instead....
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mayan train
Grupo Vidanta, a Mexican conglomerate of hotels, resorts and real estate developer, is interested in investing in the construction of the Mayan Train, informed its president, Daniel Chávez Morán, in the Tourism and Social Development forum. “The Mayan Train is a great idea, because in a decade of operation it will double the income of...
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The president-elect of Mexico, Andrés Manuel López Obrador, said today that the country will only extract the oil it requires to satisfy domestic consumption and that it will stop exporting this resource abroad. “Mexico is no longer going to sell, in the medium term, crude oil abroad; We want to process all our raw material,”...
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For the second time since his July 1 electoral victory, Mexican President-Elect Andrés Manuel López Obrador said publicly that his administration will not allow hydraulic fracturing, or fracking, to extract oil and gas. The comments, which López Obrador made to local reporters on Friday after a meeting with San Luís Potosí state governor Juan Manuel...
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Mexico’s President-elect Andres Manuel Lopez Obrador said on Sunday that he would consider legalizing certain drugs as part of a broader strategy to fight poverty and crime. Speaking in the state of Zacatecas, Lopez Obrador said that a recent proposal from the country’s defense minister, who backed legalization of opium for medicinal use, was important...
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Mexican President-elect Andres Manuel Lopez Obrador on Saturday urged pharmaceutical companies in the country to keep prices down or face losing out on government business to competitors abroad. During a speech in the western city of Morelia, Lopez Obrador said the government was paying too much for medicine. For the budget to be able to...
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Mexico President-elect AMLO lost 2006 elections due to 'rigging'
A former presidential candidate from Mexico’s Revolutionary Institutional Party (PRI), which ruled uninterrupted for seven decades, has hinted that the 2006 presidential elections might have been rigged. Roberto Madrazo has said that according to information he had at that time, Andres Manuel Lopez Obrador – who was elected president in July – was ahead of...
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Mexico Must Stand Up to America’s Drug War
AMLO, as Mexican President-elect Andrés Manuel López Obrador is universally known, faces a dilemma. The American-imposed drug war has plunged his country into violence and corruption. The situation is intolerable, yet any attempt to break the chain means a confrontation with the United States that could prove even worse. It’s a deadlock that only a...
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No cutoff date for Canada to join NAFTA 2.0: Mexico president-elect
Mexican President-elect Andres Manuel Lopez Obrador widely known as "AMLO," has been actively involved in the negotiations to update the North American Free Trade Agreement There is no cutoff date for Canada to join the US-Mexican deal meant to replace the North American Free Trade Agreement, Mexico’s president-elect said Friday as the text was submitted...
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In January 2014, the Mexican Congress approved a political reform through which various historical paradigms were broken by allowing legislative reelection and approving the participation of independent candidates in elections. Within the same reform, the National Electoral Institute was created and new tools were established in order to share government responsibility within the Legislative and...
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