The Mexican president, Andrés Manuel López Obrador, affirmed this Friday that the persistent rise in inflation “it is not to be alarmed” despite two consecutive months of increases in the rate, which is above its peers in America. “We already think that it is going to drop more, we are not going to stop facing […]
Tag: Andrés Manuel López Obrador
Government of Mexico will support Pemex to pay its debt in 2023
The Mexican president, Andrés Manuel López Obrador, affirmed this Friday that his government will support Petróleos Mexicanos (Pemex), considered the most indebted oil company in the world, to cover the US$ 10,000 million in bonds that it must pay this year. “Yes, we have been supporting Pemex, we will continue to do so because it […]
Brazil and Mexico register faster than expected inflation
Official data released on Tuesday showed Brazil prices rose 0.55% in mid-January from a month earlier, above analysts’ median estimate of 0.51%. Mexico’s inflation stood at 0.46% during the same period, above the forecast of 0.39%, while core inflation also rose beyond projections. Officials in the major Latin American economies are keeping their guard up […]
López Obrador assures that Mexico has no problems in the face of a recession
the mexican president Andres Manuel Lopez Obrador assured this Tuesday that the economy of Mexico has no problem in the face of a global recession, as it will be “a great year” due to increases in tax collection. “Experts sometimes fail. The truth is that the Mexican economy is fine (…) we have no problem […]
AMLO baffles Biden and Trudeau with a 28-minute monologue to answer a question
Standing between US President Joe Biden and Canadian Prime Minister Justin Trudeau at the closing press conference of the summit in Mexico City, the Mexican leader, known as AMLO, spent about 28 minutes on Tuesday to answer the questions of a single reporter while his guests looked uncomfortable at their podiums. AMLO talked about vaccines […]
López Obrador asks Biden to insist on immigration reform for Mexicans
The president of Mexico, Andres Manuel Lopez Obrador, asked this Tuesday his American counterpart, Joe Bidento insist before the US Congress to approve an immigration reform that regularizes the millions of Mexicans living in that country. “I have respectfully asked President Biden to insist (on immigration reform), and I know that it is not a […]
Biden, AMLO and Trudeau seek to ease tension over migration
Biden, who has faced continued political pressure over the increase in unauthorized migration from Latin America since he took office, arrived in Mexico on Sunday after a confrontation with Texas Gov. Greg Abbott in El Paso, Texas, during his first visit to the border as president. Meanwhile, the summit agenda threatens to be overshadowed by […]
Migration, security and climate change will be the focus of a meeting between the presidents of Mexico and the United States.
The presidents of the United States and Mexico seek to make progress Monday on strengthening economic integration, fighting drug cartels and managing immigration, even as tensions over Mexican energy policy weigh on joint cooperation. With President Andrés Manuel López Obrador and the Foreign Minister Marcelo Ebrard Leading the way, the Latin American country’s government set […]
Mexican economy will benefit from Russia-Ukraine war, says President AMLO
Updated on 03/21/2022 03:20 pm Mexican President Andrés Manuel López Obrador said Monday that the war between Russia and Ukraine will boost investment in the country and lead to further growth in Latin America’s second-largest economy. The coronavirus pandemic and, now, the war in Europe, have affected supply chains, causing many companies that supply the […]
Amid doubts, Mexican president inaugurates new airport
Mexican President Andrés Manuel López Obrador inaugurated a new airport on Monday to serve the capital, more than three years after scrapping a $13 billion private air terminal that the previous government began building and described as a symbol of corruption. The military base north of Mexico City that López Obrador has converted into the […]