Posts Tagged ‘Enrique Pena Nieto’

¿Cuántas casas más antes de que reaccione el gobierno?

| January 21st, 2015 | No Comments »
Milenio Diario


Ayer Eduardo Sánchez, vocero de la Presidencia de México, negó a The Wall Street Journal que exista alguna relación entre la “transacción privada” de la casa en Ixtapan de la Sal y el éxito del contratista, al que Peña Nieto compró esa casa, para ganar contratos de los gobiernos que ha encabezado el hoy Presidente. “La relación de Peña Nieto con algunos miembros de la familia San Román se remonta a varias décadas atrás”, afirmó Sánchez.

El éxito de la familia San Román, por cierto, tiene número: 107 millones de dólares en contratos del gobierno de Peña en el Edomex y 40 más de contratos federales. La empresa, por cierto, nunca había ganado antes de 2012 un contrato federal. Todo esto según el Wall Street Journal.

La reacción de Sánchez parece indicar que en Los Pinos aún no tienen claro el tamaño del problema en el que están metidos. No parecen haber medido ... Read More

Mexico Leader Under New Scrutiny

| January 21st, 2015 | No Comments »
Wall Street Journal WSJ-01 By JUAN MONTES

IXTAPAN DE LA SAL, Mexico—A few weeks after taking office as governor of the State of Mexico in late 2005, President Enrique Peña Nieto purchased a property in an exclusive golf club from a businessman who helped transform this sleepy town into a popular resort known for its Roman-style thermal baths.

Roberto San Román Widerkehr, the seller of the weekend residence and developer of an exclusive golf club here, also founded a local construction firm which went on to win more than $100 million in public-works contracts during Mr. Peña Nieto’s time as governor from 2005 to 2011, according to documents viewed by The Wall Street Journal.

Since Mr. Peña Nieto became president in 2012, Mr. San Román’s firm has won at least 11 federal contracts, government records show, becoming a national player with business in several states. Before Mr. Peña Nieto came to power, the company had never won a ... Read More

Mexico’s Drug War: A New Way to Think About Mexican Organized Crime

| January 16th, 2015 | No Comments »

By Tristan Reed

Since the emergence of the Guadalajara cartel in the 1980s as one of the country’s largest drug trafficking organizations, Mexican organized crime has continued to expand its reach up and down the global supply chains of illicit drugs. Under the Guadalajara cartel and its contemporaries, such as the Gulf cartel, led by Juan Garcia Abrego, a relatively small number of crime bosses controlled Mexico’s terrestrial illicit supply chains. Crime bosses such as Miguel Angel “El Padrino” Felix Gallardo, the leader of the Guadalajara cartel, oversaw the bulk of the trafficking operations necessary to push drugs into the United States and received large portions of the revenue generated. By the same token, this facilitated law enforcement’s ability to disrupt entire supply chains with a single arrest. Such highly centralized structures ultimately proved unsustainable under consistent and aggressive law enforcement pressure. Thus, as Mexican organized crime has expanded its control ... Read More

20 State Officials Investigated in Mexico Military Slayings

| January 15th, 2015 | No Comments »
ABC News

At least 20 Mexico state officials are under investigation in the cover-up of threats and torture of women who were witnesses to the alleged killing of prisoners by soldiers last year, state authorities said Wednesday.

State attorney for Mexico state, Alejandro Gomez, said the officials under investigation include prosecutors, forensic investigators and state police.

On June 30, soldiers killed 22 alleged gang members at a warehouse in Tlatlaya. The army first said they died during a shootout, but it was discovered that some were executed.

Federal investigators have said eight people were killed after surrendering to the soldiers, but the National Human Rights Commission put the number between 12 and 15.

The commission also said the state attorney’s office tried to cover up the torture and sexual threats endured by at least two of the three women who survived.

“None have been removed from duty yet because there is a presumption of innocence,” Gomez said at a ... Read More

Latin America 2015: Time for Reform

| January 13th, 2015 | No Comments »

By Daniel Zovatto

Latin America is starting off 2015 with a clear economic slowdown. The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) projects a modest recovery (2.2 per cent) with respect to last year (in 2014 growth was only 1.1 per cent, the lowest since the 2009 crisis), though these calculations may vary due to several factors.

The world economy is not helping. The downward trend in raw materials prices, scant dynamism in global demand, and the appreciation of the dollar are three factors that work against the region today.

Venezuela and Argentina, are facing very complex economic contexts. Venezuela is in the midst of stagflation (aggravated by plummeting oil prices); and Argentina is experiencing negative growth, high inflation, and the unresolved conflict with the “vulture funds.”

The two largest economies of the region, Brazil and Mexico, are facing their own demons. Brazil President Dilma ... Read More

Barack Obama shores up support for Mexico’s embattled leader

| January 8th, 2015 | No Comments »
The Economist

The leaders of the United States and Mexico, who met in Washington on January 6th, have both experienced dramatic changes of fortune in recent months. Barack Obama, who looked feeble in the face of a divided Congress, has taken bold actions on immigration and Cuba that have endeared him to Latin Americans. Enrique Peña Nieto, whom Mr Obama must have envied for his ability to persuade Mexico’s Congress to launch historic reforms, has instead been clobbered by crime and scandal.

But this reversal of fortune did not upset the mutual esteem that has improved a cross-border relationship once fraught with insecurity and friction. More than their predecessors, Mr Obama and Mr Peña recognise “the need to focus on the good news”, even if that means downplaying such issues as corruption and the arms and drugs money that flow into Mexico from the United States, says Duncan Wood, head of ... Read More

Mexican Inflation Ends 2014 Above Central Bank’s Target

| January 8th, 2015 | No Comments »
Wall Street Journal WSJ-01 By ANTHONY HARRUP

MEXICO CITY—Mexican inflation ended 2014 above the central bank’s target, pushed up by new consumer taxes and higher energy costs in a year in which the central bank cut interest rates to support sluggish economic growth.

The consumer-price index ended last year up 4.08%, the National Statistics Institute said Thursday, compared with 3.97% in 2013.

The index rose 0.49% in December, in line with expectations. Core CPI, which excludes energy and fresh fruit and vegetables, rose 0.23% last month and ended the year up 3.24%. Higher food and energy costs last year were offset by a drop in telecommunications rates.

The Bank of Mexico cut its overnight lending rate target in June from 3.5% to a record-low 3%, saying that sluggish economic conditions meant it was still feasible to reach its 3% inflation target with the lower borrowing rates. The bank expects the economy to have expanded between 2% and 2.5% in ... Read More

Obama Pledges to Help Mexico Eliminate ‘Scourge’ of Violence

| January 7th, 2015 | No Comments »

While critics protested outside the White House, President Barack Obama pledged to help Mexico President Enrique Peña Nieto “eliminate the scourge and violence of drug cartels” like that suspected in the disappearance of 43 Mexican students.

Peña Nieto made his first visit to Washington Tuesday, accompanied by several Cabinet members, to tout his economic reforms such as the opening of the its oil and gas industry to private investment.

But his legislative feats have been overshadowed by the violence against 43 students, some whose bodies were said to have been later incinerated, and criticism of how his administration has handled the investigation of the students’ disappearance.

Mexican federal agents have arrested dozens of people, including the mayor of Iguala, Mexico, his wife and police. Detainees confessed they murdered the 43 kidnapped students and burned their bodies. But, the victims’ families have demanded more evidence, ... Read More

Obama Will Ask Mexico to Pressure Cuba for Democracy

| January 6th, 2015 | No Comments »

By Angela Greiling Keane

U.S. President Barack Obama is counting on Mexican President Enrique Pena Nieto to pressure Cuba to make democratic reforms, now that the White House has moved toward normalizing relations with the island nation, a White House official said.

Cuba will be one of the main topics on the agenda when Obama and Pena Nieto meet Tuesday at the White House.

Improving relations with Cuba removes a point of friction in U.S. relations with Mexico and other Latin American countries that have normal diplomatic and commercial ties with Cuba, according to the official, who briefed reporters on condition of anonymity to preview the talks.

The U.S. plans to discuss Cuba with other allies as well, the official said, without giving details.

Assistant Secretary of State for Western Hemisphere Affairs Roberta Jacobson, plans to travel this month to Havana for talks on U.S.-Cuba migration and to begin talks about ... Read More

Peña en DC

| January 5th, 2015 | No Comments »


La visita que mañana hará el presidente Enrique Peña Nieto a Washington D.C. para entrevistarse con Barack Obama debe significar un arranque de año con el pie derecho.

¿Cómo aprovechar esta oportunidad que tiene el presidente Peña de demostrar a Estados Unidos que México es un país atractivo para invertir, sobre todo en materia energética tras la reforma aprobada el año pasado?

Dado el complicado cierre de año para el país, los norteamericanos deben de estar bastante preocupados por la inseguridad y la corrupción en México. Ingredientes fatales para atraer capitales.

En el marco de lo sucedido en Ayotzinapa, que ha indignado y se ha presentado como la crisis más fuerte en lo que va del sexenio para el gobierno de Peña, el presidente de México tendrá necesariamente que transmitir el mensaje a su homólogo estadunidense de que el nuestro no es un país cooptado por la ... Read More

Analysis: Mexico scandals expose government without answers

| January 5th, 2015 | No Comments »
Article originally appeared in the Associated Press


MEXICO CITY (AP) — As he heads to Washington on Monday to meet with Barack Obama, Enrique Pena Nieto leaves behind a year that was hardly what he had envisioned.

The Mexican president and his team started 2014 carrying out a slew of newly passed reforms, from breaking up telecommunications monopolies to opening the nation’s energy sector, earning him international plaudits, including a Time magazine cover with his image above the caption “Saving Mexico.”

Then came a 1-2-3 punch of scandals: Soldiers killing 22 civilians in a questionable “shootout”; the abduction and presumed murder of 43 college students, allegedly at the hands of local officials and police in league with a drug cartel; and revelations that Pena Nieto and his treasury secretary live in luxury homes built and financed by a favorite government contractor.

What was supposed to be “Mexico’s moment,” a new ... Read More

Mexico in Crisis

| December 19th, 2014 | No Comments »
Article appeared in The Weekly Standard


The fiesta is over. Mexico, a remarkably important nation of some 120 million people—indeed, the world’s fifteenth largest economy—is descending into crisis. Students have been slaughtered en masse with the complicity of a corrupt police force. The country’s young president and his finance minster are embroiled in a corruption scandal. And the recent fall in oil prices—which looks set to continue—only portends further suffering.

It wasn’t supposed to be this way. When 48-year-old Enrique Peña Nieto was elected Mexican president in 2012, his country’s future looked bright. A self-styled reformer, the leader of the Institutional Revolutionary Party (PRI) and former governor of Mexico State moved immediately to implement his Pact for Mexico, which called for the achievement of some 95 goals over his six-year term.

Peña Nieto enjoyed remarkable success over his first two years in office. He liberalized the country’s telecommunications market, greatly weakening the monopoly of billionaire (and New York Timessavior) Carlos Slim. Ditto for ... Read More

Mexico suffers slings and arrows as second act of its Shakespearean drama unfolds

| December 16th, 2014 | No Comments »
Financial Times

By John Paul Rathbone

In Shakespearean tragedies, the second act — when the drama builds alongside the setbacks the protagonists must overcome — is often the longest and most painful. Something similar may now be happening to Mexico and its economy as the oil price slumps.

In act one, Enrique Peña Nieto won the presidency with a reform-minded team that promised to modernise Mexico. Previously insurmountable political obstacles were swept aside with apparent ease and a series of laws promulgated in rapid succession, most notably a groundbreaking change that allowed private investment in the energy sector for the first time in more than 70 years.

By early 2014, the government was riding high. Mr Peña Nieto was dubbed the “Man who saved Mexico” by Time magazine. Investors rubbed their hands at the $50bn of foreign investment expected in Mexican energy by 2020. All was going well. But now, in the second ... Read More

Mexico Finance Minister Bought House From Government Contractor

| December 12th, 2014 | No Comments »
Wall Street Journal WSJ-01


MEXICO CITY—Mexico’s finance minister bought a home from a prominent government contractor who is at the center of influence-peddling allegations roiling President Enrique Peña Nieto ’s administration, documents viewed by The Wall Street Journal show.

Property records show that the minister, Luis Videgaray, widely seen as the driving force behind Mexico’s recent economic overhauls, bought the house in an exclusive golf resort outside the picturesque town of Malinalco, in the central State of Mexico, from Bienes Raíces H&G SA.

The firm, commercial records show, is owned by Juan Armando Hinojosa, whose companies have won hundreds of millions of dollars’ worth of public-works projects during Mr. Peña Nieto’s time as governor of the State of Mexico and during his current administration.

Mr. Videgaray isn’t accused of an illegal act. But the transaction adds to the appearance of conflicts of interest that have damaged Mr. Peña Nieto’s credibility and popularity after he came to ... Read More

Two decades after the peso crisis, Mexico faces new shocks

| December 12th, 2014 | No Comments »
The Economist

MANY factors contributed to Mexico’s “tequila crisis” in 1994, but two stood out: tighter monetary policy in the United States and political instability at home. Almost exactly 20 years later, the same forces are again weighing on the currency, compounded by falling oil prices. The situation is not nearly as precarious as it was then, but Mexican policymakers may still need a shot or two to steady the nerves.

Since the 50% devaluation of 1994 the peso has floated freely, which makes it safer than it was 20 years ago but something of a punch bag for nervous investors. Like many emerging-market currencies it has been dropping against the dollar—it is down 11% since June. On December 8th Mexican authorities said they would intervene to support it by auctioning $200m on days when it sinks by at least 1.5% against the dollar. On December 10th it hit ... Read More

What Mexico’s President Must Do

| December 10th, 2014 | No Comments »
The New York Times


MEXICO CITY — President Enrique Peña Nieto has shown remarkable leadership in passing key reforms to reanimate the economy and further the development of Mexico. But now he must act quickly to re-establish his political credibility and limit damage to his moral standing. The present crisis requires it.

Thousands of young people have been marching in the streets of Mexico since the kidnapping and murder of 43 students (now confirmed by the DNA of a burned body) from a college in Ayotzinapa in the state of Guerrero. According to Mexico’s attorney general, the crime was committed by professional killers working for a narco- gang and under the orders of the former mayor of the town of Iguala, who was a member of the leftist Party of the Democratic Revolution (PRD). Although most of these criminals, including the mayor and ... Read More

Obama: US Offers Mexico Help on Missing Students

| December 10th, 2014 | No Comments »
ABC News


President Barack Obama said Tuesday that the U.S. has offered to help Mexico figure out what happened to 43 college students who have been missing since September, but he stopped short of saying that aid to the U.S. ally and neighbor should be reconsidered on the basis of the country’s human rights record.

“We’ve offered assistance in tracking down exactly what happened, our forensic capabilities, our capacity to get to the bottom of exactly what happened,” Obama told Telemundo, the Spanish-language television network, in an interview.

On the question of aid, which was posed by the interviewer, the president said what’s more important is helping Mexico build on the progress it has made.

“We’ve got to make sure that we strengthen the criminal justice system, the investigative capacities,” he said. “Mexico is our friend and our neighbor. We want them to thrive.”

Obama said the crime against the missing students has “no ... Read More

Oil price plunge raises Mexico energy reform concerns

| December 9th, 2014 | No Comments »
Financial Times

By Jude Webber

Falling oil prices are putting a cloud over the one thing Mexico’s struggling government had been clinging to in its attempts to invigorate a sluggish economy — its historic energy reform.

The government had been planning to auction 169 oil and gas blocks next year. It was to be one of the most ambitious bid rounds the industry had seen in a country whose sector has been closed to private investment for nearly 80 years, and where production is at its lowest level in two decades.

But the oil price fall has sobered what one executive called the “frothy, crazy bidding environment” Mexico had been expecting, unsettling a government reliant on oil revenue for a third of its budget. Officials are hastily striking off shale and other fields that might now look unappealing to bidders. Long-awaited initial tender terms are likely to be published on Wednesday.

“We think we remain very competitive,” said ... Read More

Mexico says evidence proves missing students were incinerated

| December 8th, 2014 | No Comments »
Article originally appeared in Reuters


(Reuters) – Mexico said on Sunday that mounting evidence and initial DNA tests confirmed that 43 trainee teachers abducted by corrupt police 10 weeks ago were incinerated at a garbage dump by drug gang members, although forensic experts sounded a note of caution.

Attorney General Jesus Murillo confirmed that one of the students had been identified by experts in Austria from a bone fragment in a bag of ash and bits of burned tire found in a river where drug gang members said they tossed the students’ remains.

“This scientific proof confirms that the remains found at the scene coincide with the evidence of the investigation,” Murillo said. “We will continue with the probe until all the guilty have been arrested.”

However, Argentine forensic experts helping to identify the remains stressed there was still insufficient physical or scientific evidence linking the remains found ... Read More

Ni el gobierno ni la izquierda se atreven contra ‘Cubazuela’

| December 8th, 2014 | No Comments »
Milenio Diario


En estos últimos días visitó nuestro país una joven y valiente mujer venezolana; sus amigos la acogieron con cariño pero partió con las manos vacías. Lilian Tintori, la esposa de Leopoldo López, el opositor venezolano encarcelado sin proceso por el gobierno chavista de Maduro; acudió a una serie de eventos de comunicación programados en México, pero también viajó a nuestro país buscando solidaridad para su marido. No la encontró.

Hasta donde sé, nadie del gobierno —Presidencia, Relaciones Exteriores, Gobernación— se atrevió a recibirla. Asimismo, con la excepción de un par de legisladores priistas, ningún jerarca del partido de gobierno —Manlio, Gamboa, César Camacho— accedió a verla, a pesar de varios intentos. No sé si algunos legisladores de Acción Nacional se reunieron con ella —cuando vino a México Leopoldo López, hace un par de años, pude juntarlo con algunos—, y obviamente nadie de la izquierda tuvo la ... Read More

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