MEXICO: AMLO’s 2021 roadmap comes into clearer focus
The explicitly more radical, confrontational stance adopted by President Andres Manuel Lopez Obrador (AMLO) in recent days provides the clearest indications yet of his roadmap for the 2021 mid-term legislative and state elections: to ratchet up confrontation with opponents and p… Become a member to read the rest of this article Username or E-mail […]
MEXICO: AMLO’s one-track mind for rail
This week, President Andres Manuel Lopez Obrador (AMLO) has been inaugurating construction works on the 1,525km Mayan Train (Tren Maya) flagship rail project; today, 4 June, AMLO is in Chiapas opening works on the stretch of track that leads up to Campeche. The government has co… Become a member to read the rest of […]
LATAM PULSE
This week will see intensified negotiations as Argentina tries to avoid a ninth sovereign default. Beyond Argentina, the spread of Covid-19 in the region will dominate the week ahead even as some countries tentatively loosen restrictions; yesterday, 17 May, the number of confirme… Become a member to read the rest of this article
MEXICO: Still struggling with security amid Covid-19
The government yesterday, 11 May, published a decree authorizing the use of the armed forces in public law enforcement until 2024. Below we examine the significance of this move and its implications. The decree is in line with the 2019 constitutional reform that led to the cre… Become a member to read the rest […]
MEXICO: A difficult now and an even more complicated future
Earlier today, 7 May, President Andres Manuel Lopez Obrador (AMLO) once again ruled out a) issuing debt to fund a stimulus program and b) providing state aid for the corporate sector (beyond previously announced measures for MSMEs). His comments came in response to a manifesto en… Become a member to read the rest of […]
MEXICO: Discrepancy widens between monetary and fiscal stimulus
Developments this week highlight the divergence between the government led by President Andres Manuel Lopez Obrador (AMLO) and the Central Bank (Banxico). Without coordinated fiscal and monetary action, the worst-case scenarios for the economy are more likely to materialize; thes… Become a member to read the rest of this article
MEXICO: More distraction from AMLO
President Andres Manuel Lopez Obrador (AMLO) yesterday, 14 April, announced that he would be in favor of bringing forward a presidential recall referendum to 2021. Under current rules, the recall referendum would take place in March 2022 should a signature collection drive fulfil… Become a member to read the rest of this article
MEXICO: AMLO probes political and economic reconfiguration opportunities
● President Andres Manuel Lopez Obrador (AMLO)’s wrong-headed economic assumptions and ideological blinkers continue to get in the way of his administration’s response to the economic fallout arising from the spread of Covid-19. ● The lack of any concerted fiscal stimulus prog… Become a member to read the rest of this article
Macro Series – Postcard – Mexico: unprepared, and unable fully to respond
In this country of extremes, COVID-19 will likely hit hard. And many women stand to suffer hugely. With one family member in Hong Kong and the rest in the UK, I have been worrying about the coronavirus outbreak for much longer than have my Mexican friends. For weeks my ob… Become a member to […]
MEXICO: Urgency in response to Covid-19 still lacking
The government yesterday, 24 March, moved to the second phase of its Covid-19 response plan. The progression reflects the fact that community transmission is now occurring. As of yesterday, there were 405 confirmed Covid-19 cases in the country, with five deaths. However, it appe… Become a member to read the rest of this article