Mexico’s President Likely to Leave Big Projects Unfinished (AP)

• Meanwhile, an oil refinery — and a string of planned industrial parks — don’t have a natural gas supply. And a government internet-for-all scheme has spent hundreds of millions of dollars without even matching private service coverage.
• López Obrador admits the government is unwieldy — he often calls it a “rheumatic elephant” that must be pushed. He also blames delays on what he calls a broad conspiracy of conservatives, businessmen and U.S.-funded non-governmental organizations.
• Few disagree with his desire to bring jobs, development, banking services, internet and decent health care to Mexico’s poor and the remote countryside. But his big plans have been stymied, in large part by his own belief in a few central rules. READ MORE

Similar Posts:

• Mercado Libre CFO Talks E-commerce Markets, Fintech Services, Crypto, Outlook (Yahoo! Finance)
• Mexico’s Economic Reforms Take Hold (CSMonitor)
• Mexico and Colombia Join ‘Fragile Five’ Emerging Markets (FT)
• Back to “Old School” Emerging Markets: Mexico (Wellington Management)
• Latin America’s Vicious Circle is a Warning to the West (The Economist)
• Is There Progress Fighting Latin American Corruption? (Economist)
• BMW’s $1 Billion Bet on Mexico (Reuters)
• Energy Politics Cloud Mexican Bid To Join US Semiconductor Rush (Reuters via IB Times)
• Mexico Falls Six More Places in the Global Competitiveness Report
• The Brazilian Real and the Mexican Peso Have Climbed Against the Dollar as it Steamrolls Rival Currencies This Year — But Economic and Political Risks Could Eat Into Their Gains (Markets Insider)
• Why Mexico is Missing its Chance to Profit From US-China Decoupling (FT)
• False Narratives: Rise of the Emerging Market Middle Class (Advisor Perspectives)
• As Ties With China Unravel, US Companies Head to Mexico (NYT)
• Latin America’s Pink Wave Faces Investor Skepticism (The Emerging Markets Investor)
• Mexico Analysis: Tequila Surprise? (LGIM)