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 […]
Tag: Andrés Manuel López Obrador
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 […]
Pemex reviews ESG, security to attract bank financing
Mexican oil will reformulate its environmental and safety procedures, and anticipates implementation in the second half of the year. The initiative seeks to attract much-needed financing amid mounting debt at Mexico’s state oil company, according to people familiar with the project. The plan, which aims to improve Pemex’s environmental, social and corporate governance (ESG) record, […]
Mexico promotes plan against inflation with its Latin American allies
Mexico promotes a plan to face inflation in Latin Americarevealed this Thursday the president Andres Manuel Lopez Obradorwho plans to meet with several of his colleagues to define strategies. López Obrador said that on Wednesday he held telephone talks with his Brazilian counterparts, Luiz Inácio Lula da Silva; Colombia, Gustavo Petro; Cuba, Miguel Díaz-Canel, and […]
Tesla will install a plant in northern Mexico, agrees to address water shortages
the american Tesla will install a plant “very big” in the north of Mexico and has pledged to address the problem of water scarcity in the area, the country’s President Andrés Manuel López Obrador said on Tuesday, announcing an expected investment from the electric vehicle maker. The president confirmed that he spoke the day before […]
López Obrador accuses the US of meddling in Mexico’s affairs due to electoral reform
President Andres Manuel Lopez Obrador accused this Tuesday USA to interfere in the internal affairs of Mexicoafter statements by the State Department on a controversial electoral reform of the leftist ruling party. “As is the bad habit, they always meddle in matters that do not correspond to them,” López Obrador said in his usual daily […]