Not even 24 hours have passed since the elections to the governments of the mexican states of Coahuila and the State of Mexico, which were divided between the ruling party and the opposition, and the political parties are already making their first moves towards the 2024 presidential elections. The candidate of the Morena ruler, Delfina […]
Tag: Andrés Manuel López Obrador
AMLO’s party consolidates its power by winning the most populous state in Mexico
Morena, the party of President Andrés Manuel López Obrador, consolidated itself as the main political force in the country by winning the governorship of the State of Mexico on Sunday, a victory that put an end to almost a century of governments of the Institutional Revolutionary Party (PRI) in the most populous entity in the […]
AMLO: Grupo México will deliver a railway section in exchange for expanding the concession of another
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 […]
After failure in negotiation for Banamex, López Obrador does not rule out a state bank
After fail negotiations between Mexico and Citigroup to sell Banamex to the private sector in that country due to the conditions imposed by the Mexican president, Andres Manuel Lopez Obradorthe president now plans to assume that acquisition alone and create a large state bank, something that raises doubts among analysts. “If they don’t want to […]
López Obrador proposes to buy Banamex after Citi’s announcement to place it on the stock market
The president of Mexico, Andres Manuel Lopez Obradorreiterated this Wednesday its intentions to acquire Banamex after Citigroup reported this morning that it had canceled the bank’s sale process with Mexico Group and will place it on the Stock Market for the purchase of shares. “And today I do maintain that if the bank is not […]
Grupo México Transportes continues to fall after government occupation of railway
The shares of Grupo México Transportes fell on Monday for the second day in a row after the Government published a decree occupancy officer of a railway section operated by one of its subsidiaries. The titles of Grupo México Transportesa unit of the mining giant Grupo México, lost 3.53% to 38.56 pesos, with an accumulated […]
AMLO gives green light to possible purchase of Citigroup’s Mexican unit by Grupo México
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 […]
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 […]