Mexican president Andres Manuel Lopez Obrador said that there are no signs of an impending recession despite slow economic growth, adding that his flagship infrastructure projects are on track.Add your comment!
The death toll from a fuel pipeline explosion in central Mexico last week rose to 91 as Pemex defended its response to one of the deadliest incidents to hit the state-run oil company in years.
Mexico’s president vowed on Saturday to redouble his fight against an epidemic of fuel theft after thieves punctured a pipeline north of Mexico City, causing an explosion that killed at least 73 people and injured 75 others. The blast underscored the deadly perils of the fuel-theft racket, which has cost the government billions of dollars a year and has been the target of a weeks' long crackdown by the administration of Mexico’s new president, Andrés Manuel López Obrador.
Mexican President Andres Manuel Lopez Obrador said on Tuesday that widespread fuel theft extended to oil drilling platforms and he pledged to take actions to alleviate shortages sparked by his crackdown on gasoline thieves.
Mexico’s new government on Friday called on its peers to refrain from interfering in Venezuela’s internal affairs, declining to back a regional declaration that urged Venezuelan President Nicolas Maduro not to take office on Jan. 10.
The Mexican House of Deputies Monday gave its final green light to the spending law bill - that is one week before the legal deadline - with funds relocated from autonomous bodies to sensitive areas such as agriculture, environment and public universities, it was announced.
A plan from the United States to fund several undertakings in Mexico and Central America to create jobs and discourage migration was announced Tuesday by Mexican Foreign Secretary Marcelo Ebrard.
Mexico’s new government avoided major surprises in its closely watched first budget, sticking to promises made to investors who have been jittery about plans for Latin America’s No. 2 economy.
Mexican President Andrés Manuel López Obrador, commonly referred to by his acronym as AMLO, Saturday launched the National Plan for the Production of Hydrocarbons in a move to strengthen the country's oil industry.
Mexico will invest more than US$ 30 billion in its poor southern states over the next five years, the foreign minister said, boosting the region economically as part of efforts to curb migration. Under pressure from the United States, Mexico is grappling to halt the northward flow of migrants fleeing violence and poverty in Central America.