The president of Mexico, Andres Manuel Lopez Obradorsaid on Thursday that his government and Mexico Group reached an agreement whereby the company will hand over a railway section occupied by a government decree in exchange for an eight-year extension of the concession for another track operated by the company. In mid-May, following a decree published […]
Tag: AMLO
Business Council of the Pacific Alliance rejects AMLO’s request to cut relations with Peru
He Business Council of the Pacific AlliancePeru Chapter (CEAP-Peru), rejected the statements of the President of Mexico, Andres Manuel Lopez Obrador (AMLO)on the suspension of economic and commercial relations with Peru. “This declaration violates the free private initiative and the spirit of the Pacific Alliance”, stated the council. In this sense, he stressed that the […]
Tension between Peru and Mexico: how much does it affect both countries if trade relations break?
After being declared “persona non grata” by the Congress Peruvian, the President of Mexico, Andrés Manuel López Obrador (AMLO), announced at his usual morning press conference that his Government will temporarily suspend business relationships and economic what do you have with our country. “As long as there is no democratic normality in Peru, we do […]
In Mexico, occupation of railway lines fuels investor fears
The differences between the government and the Mexico Groupone of the largest conglomerates in the country, as a result of the occupation by navy units of three railway sections that it had in a subsidiary of the corporation, fueled fears among investors on Monday and caused the fall for the second consecutive day Mexican stock […]
President of Mexico, isolated and treated after contracting COVID-19 for the third time
Mexican President Andrés Manuel López Obrador is in isolation and under medical treatment after contracting COVID-19 for the third time, the Secretary of the Interior, Adán López, said on Monday, who denied reports that the president had suffered a heart attack. The 69-year-old president, who suffers from high blood pressure and had a heart attack […]
Pemex earns US$ 1,187 million in 2022 and breaks nine years of losses
The state company Petróleos Mexicanos (Pemex) reported this Monday a net profit of 23,049 million pesos (US$ 1,187 million) in all of 2022, a positive result that breaks nine consecutive years of losses. When presenting his financial report, the general director of the Mexican state oil company, Octavio Romero Oropeza, affirmed that the firm benefited […]
Congress: Foreign Relations Commission evaluates declaring AMLO “persona non grata”
The president of the Foreign Relations Committee of the Congress of the republic, Maria Del Carmen Alvareported that his working group is evaluating declaring “ungrateful person” to the agent of Mexico, Andres Manuel Lopez Obrador (AMLO). The legislator from the Acción Popular caucus maintained that the aforementioned measure had previously been approved to be applied […]
AMLO: Lilia Paredes asked me not to abandon Pedro Castillo
The President of Mexico, Andrés Manuel López Obrador (AMLO), pointed out this Friday the details of the meeting that he held on Thursday afternoon with the former first lady and wife of the former president Pedro Castillo, Lilia Paredesin the National Palace (Mexico). The Mexican head of state confessed that Paredes, with whom he held […]
AMLO on the guilt of García Luna: “A corruption regime is being dismantled”
The president of Mexico Andres Manuel Lopez Obrador (AMLO) pointed out that a regime of corruption, injustices and privileges is being dismantled after the guilt of Genaro García Luna, former Secretary of Public Security of Mexico (SSP), for the process that is followed in the Brooklyn court (United States) for his relationship with drug trafficking […]
“Super peso”: what reasons explain the good performance of the Mexican peso against the dollar?
The Mexican peso, also calledsuper weight”, is the currency of Mexico that surprises the financial community because it has recently shown a promising streak. While most international currencies have lost ground against the US dollar in recent months, the Mexican currency has benefited from the combination of several factors that maintain investor confidence in the […]