The president of Mexico, Andres Manuel Lopez Obradorgave its go-ahead to the conglomerate Grupo México on Tuesday for the possible purchase of Citibanamexthe local retail unit of the American Citigroup, and added that the negotiations for the operation to be completed “they are going very well”. Reuters reported on Thursday that Grupo Mexico was finalizing […]
Tag: Andrés Manuel López Obrador
Biden restricts access to asylum at the border with Mexico as Title 42 expires
USA launched a new regulation Wednesday that will deny asylum to most immigrants who cross the border illegally with Mexico, a key part of the president’s plan Joe Biden ahead of the end this week of the COVID-19 border restrictions, known as Title 42. The final version of the regulation, which will go into effect […]
US and Mexican presidents talk before expected wave of migrants
US President Joe Biden and Mexican President Andrés Manuel López Obrador spoke by phone Tuesday ahead of a change in US policy that is expected to spur an increase in migrants at the border common, the White House said. The Biden administration and Texas state officials are sending reinforcements to the US-Mexico border to prepare […]
Failed reforms complicate the Latin American left
The leaders of the Latin American left in power are encountering serious difficulties in carrying out the ambitious structural reforms of their governments. The weakness of the political support that allowed them to reach power and the fragmentation of parliamentary representation are the main reasons, according to experts consulted by EFE. In ChiliGabriel Boric has […]
López Obrador rules out economic crisis in Mexico during his tenure
The president of Mexico, Andrés Manuel López Obrador, assured this Monday that he does not foresee any economic crisis in the country, although he did not rule out that external factors could lead to a crisis, although that would be until 2025. “We do not rule out that yes, there may be an external economic-financial […]
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 […]
López Obrador defends Trump, target of “smear campaign” for electoral purposes
The president of Mexico, Andrés Manuel López Obrador, affirmed this Wednesday that the former US president Donald Trump faces complaints against him for his aspirations to compete again for the presidency of that country. “It is exposed to a smear campaign under the maxim that slander when it does not stain tarnish”, affirmed López Obrador, […]
Castillo sends a letter to López Obrador to thank him for supporting his family
The President of Mexico, Andrés Manuel López Obrador, received a letter on Monday from the former Peruvian president Pedro Castillo, in prison since December 7 after a failed self-coup attempt, after meeting with his lawyer, the Argentine Guido Croxatto. “I met with Guido Croxatto, a lawyer for Pedro Castillo, the president who was illegally ousted […]
Mexico manufactures many electric cars, but few Mexicans drive them on the streets
The plan of Tesla Inc. to open a $5 billion “Gigafactory” in Mexico It will lead the country to become a hub for electric vehicle (EV) production, but these cars remain too expensive for most Mexicans and impractical in much of the country due to a shortage of charging stations. Mexico it has made reviving […]
Mexican Pemex, “punished” by the markets, seeks options to pay heavy debt
The indebted Mexican oil company Pemex is analyzing how to face its heavy amortizations, especially concentrated in 2023 and 2024, trying to avoid going out to the capital markets, which according to its general director, have punished the state company despite having improved figures compared to previous efforts. With a financial debt that closed 2022 […]