Minutes of the Federal Open Market Committee
January 25–26, 2022
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Luis Rubio The problem with fires is that they can blow in any direction -and one can get burned. However, that seems to be the frame of mind of the government today. The presidential term advances within a global environment over which the president has …
Luis Rubio Mexico has undergone an underlying, albeit hidden, discord about its future for various decades. From a positive quasi-consensus -at least more or less generalized enthusiasm- concerning the future that was born with the liberalization of the economy and, especially, with the successful negotiation …
Ricardo Pascoe Pierce When President López Obrador explained the reasons that led him to fire Rogelio Jiménez Pons as the person in charge of the Mayan Train project, he bluntly stated: “…. above all is the higher interest, the interest of the people and the …
Luis Rubio “The curse of man, and the cause of his worst woes, wrote HL Mencken, is his stupendous capability for believing the incredible. He is forever embracing delusions, and each new one is more preposterous than all that has gone before.” That’s what Mexican …
Ricardo Pascoe Pierce President López Obrador lives obsessed with a dangerous fantasy, which leads him to govern with daring and destructive actions. It is as if he has a voice speaking in his ear about a supposedly magnificent historical legacy that awaits him if he …
“In politics, civilities are substance” Attributed to Jesús Reyes Heroles On June 8 of last year, we published a note titled “AMLO’s Mexico Downgraded.” The subtitle was “The insignificance of the Mexican President has already infected the country.” It was based on the State visit …
Ricardo Pascoe Pierce First things first: will the recall exercise take place or not? There have been, and continue to be, big dark clouds over the process and the problems facing its realization. One of those clouds concerns what exactly will be voted on should …
Luis Rubio The objectives that defined the agenda and electoral proposal of now President López Obrador are THE problems of Mexico: poverty, corruption, inequality, and insufficient growth. The strategies to defeat these wrongs can be argued, but no one can dispute their transcendence in today’s …