Video from our 🇺🇲 National Anthem performance at the Nats-Braves game in Washington DC this afternoon.
Thank you to my love
@roslmartin
for all the support, and to all the dear friends who came out to cheer us on!
So proud to be a part of this group!
SCOOP: Mexico DIDN'T agree to buy more U.S. farm product as part of a tariff deal, sources tell me and
@nncattan
, contradicting
@realDonaldTrump
's claim.
Hard for Mexico to do MORE on that front. It's already the top buyer of yellow corn from Midwest states that voted for Trump
Chile's 36-year-old leftist president:
"It really pisses me off when you're from the left and you condemn the violation of human rights in Yemen or El Salvador, but you cannot talk about Venezuela or Nicaragua."
Left parties to have a future must have just "one moral standard."
AMLO begins his speech at a global climate summit by talking about Mexico's latest oil discoveries.
As other leaders make specific pledges to cut emissions via cleaner energy sources, he suggests planting trees to absorb CO2 -- without providing any plan to actually emit less.
Mexico's president, who has described himself as a humanist/pacifist, declines to comment on the violent assault on the Capitol by Trump supporters, saying he doesn't opine on other countries' affairs.
Yet just on Monday, AMLO said he favors the U.S. pardoning Julian Assange
🤔
To understand why AMLO was so persistent in defending his goal of Mexico producing as much oil as possible, it's important to remember where he comes from, and what crude means there.
You can take El Peje out of Tabasco, but you can't take Tabasco out of El Peje.
Yesterday, the U.S. President suggested Mexico may need U.S. military help to defeat drug cartels after a massacre of nine American women and children.
Today, Mexico's president is highlighting a meeting with a rookie professional baseball player.
AMLO's choice one year ago to cancel a new airport for Mexico City will cost more than $9 billion.
That's $700 million more than it would have cost to FINISH the project.
So a loss of almost $1 billion, and STILL no airport...
By
@andreanavarror
Mexican businessmen reportedly attending Wednesday's dinner at the White House with AMLO and Trump:
* Ricardo Salinas
* Carlos Hank González
* Bernardo Gómez
* Olegario Vázquez Aldir
* Daniel Chávez
Remember when AMLO talked about a "mafia of power?"
Si la encuesta sobre el aeropuerto de Texcoco tuviera el MISMO requisito de CUARENTA por ciento de participación ciudadanía para ser vinculante, todos estaríamos anticipando los primeros vuelos para uno de los mejores nuevos aeropuertos al nivel MUNDIAL en los próximos meses...
EXTRA: Trump intentó llamar a AMLO por teléfono el 17 de mayo para hablar sobre aranceles.
No lo pudo ubicar.
@lopezobrador_
estuvo en Chiapas, sin recepción, rumbo a un pueblo de 5,000 personas.
Más en mi nota sobre sus casi 2 años sin salir de México
With Mexico's economy in free fall, signs that the public security situation is worsening and virus deaths rising, AMLO holds his morning news conference standing in front of the presidential Dreamliner plane that he's still trying to sell after 20 months of unsuccessful efforts.
This is quite a headline on AMLO and Mexico.
Mother Jones is considered a liberal or progressive magazine in terms of where it fits on the American media spectrum.
Mexico City's airport loss is Peru's gain.
After AMLO scrapped Texcoco, investors are a lot more eager to participate in Lima's airport expansion, the project's director said.
“The international interest has been gigantic."
When Bloomberg published its resilience index back in November, Mexico ranked last in the world for handling of the
#COVID19
pandemic.
Now, the index has been updated as vaccination begins, with nations moving up and down.
Mexico remains in last place.
The nighttime aerial approach to Mexico City, flying from west to east, is still as mesmerizing to me today as it was when I first did it a decade ago.
Even flying into other big world cities, I've still never seen such density and abundance of LIGHT...
ULTIMO MOMENTO:
@realDonaldTrump
dice que aranceles contra México están FUERA DE CONSIDERACION, que está haciendo un GRAN trabajo para detener a los migrantes.
Esto ocurre minutos antes de que AMLO tome el escenario del Zócalo para celebrar un año desde su elección...
#AMLOFest
@PenguinSix
And thus in the year of our Lord 2022 did Tevin Campbell's “Can We Talk” join the pantheon of Christmas carols alongside "Jingle Bells" and "Silent Night"
Mexico has gone from a one party imperial presidency, to an extremely competitive democracy, to a democracy dominated by one party -- all in less than a quarter century.
Mexico has just 8 confirmed
#coronavirus
cases and 37 possible ones, compared with 37 & 876 in Brazil, despite the virus being in both nations for about the same amount of time.
Is this simply because Mexico isn't TESTING enough?
@andreanavarror
reports
EXCLUSIVE: Mexico’s state oil firm
#Pemex
is considering ways to start CHARGING
#Cuba
for oil it’s been giving to the nation, Foreign Minister
@aliciabarcena
tells me, as the company faces its own financial struggles and the price crude barrels climbs.
ÚLTIMA HORA: México invertirá $1,500 millones de dólares (31,300 millones de pesos) en infraestructura fronteriza entre 2022 y 2024, de acuerdo a la Casa Blanca.
Compromiso después de la reunión AMLO-Biden de hoy en Washington
THIS JUST IN: Germany's Angela Merkel OPPOSES the waiver of vaccine intellectual property protections at the WTO.
Says it would create “severe complications” for the production of vaccines, according to German government spokeswoman.
Mexican stocks have fallen 20% in the past year, one of the worst performances among 94 global markets.
The biggest reasons for the selloff?
* Airport cancellation
* Urzua resignation
* Halted oil auctions
* AMLO's unpredictability
More from
@justin_villamil
on
@TheTerminal
AMLO said today that honesty means MORE to him than experience in explaining why one of his bodyguards was picked to head an energy environmental regulator.
In a country of ~130 million, is it not possible to find BOTH qualities in the SAME person?
Personal news: After 7 awesome years in Mexico, I'll be moving to Washington in early 2020 to lead
@business
coverage of the IMF & World Bank.
I'll also write about the economies of Latin America, including of course Mexico, and the relationship w/ the U.S.
Excited for the job!
Federal Reserve Bank of St. Louis President James Bullard predicted the U.S. unemployment rate may hit 30% in the second quarter because of shutdowns to combat the coronavirus, with an unprecedented 50% drop in gross domestic product.
Staggering numbers
Momento no anticipado de la visita deAMLO al monumento a Juárez: Una familia con origen de Puebla, con miembros quienes viajaron desde Nueva York y Kentucky, me acerca en la calle para decir "te reconocemos de las mañaneras! Gracias por hacerle las preguntas difíciles."
THIS JUST IN: Fitch downgrades Pemex to credit rating to JUNK.
Exactly one week after Trump made his tariff threat.
On top of Fitch SOVEREIGN rating downgrade yesterday.
And lowering in Moody's outlook.
To say Mexico is NOT having a great week would be an understement...
Argentina's 48% stock market slump on Monday on the specter of Cristina Fernandez returning to power was the second worst among global stock indexes in the past SEVENTY years.
An absolute wipe out, unlike almost anything we've ever seen.
.
@Uber_Support
-- last weekend, I reported that a driver in Mexico City didn't have seat belts in the car, and that it created a dangerous situation.
Today, I had MY account suspended for having complained.
This is really how you treat personal safety issues? Seriously?
Mexico's biggest publicly-traded stocks lost another $5 billion Tuesday, following $17.5 billion Monday.
That brings total stock losses since AMLO's airport announcement to ~$22.5 billion -- nearly enough to pay for the Texcoco project 2 times over.
Mi esposa
@roslemusmartin
, quien empezó la pandemia con alrededor de 1,000 seguidores en Twitter, está a punto de superarme con 20 mil.
¡Felicidades Doctora! Y gracias por tus análisis y aportaciones al conocimiento sobre
#COVID19
, particularmente la situación en México
In Merida, AMLO thanks
@realDonaldTrump
for respecting Mexico on immigration and trade.
He must be following a different Twitter account and news coverage.
@lopezobrador_
ÚLTIMA HORA: AMLO dice en la mañanera qué dará una actualización sobre la disputa con EE.UU sobre su política energética en el DESFILE MILITAR de 16 de septiembre.
Es decir, planea vincular una posible guerra COMERCIAL con verdaderas ARMAS de guerra...
(foto de desfile 2019)
EXCLUSIVA: Recuerdas la ocasión cuando el equipo de AMLO dijo que tenía otros datos -- y su insistencia fue CORRECTA?
México NO importó crudo en julio ni agosto. EUA se EQUIVOCÓ.
@amystillman
tiene la nota
Mexico: Where the highest-returning corporate bond investment is for debt in an airport that was CANCELED after being one third built -- at a cost of billions of lost taxpayer dollars (tens of billions of pesos).
#MexicoMagico
AMLO brags about how many medals Mexico will win in international competitions.
That may become harder as the Olympic Committee stops offering food, lodging and medicine at its main training complex due to “republican austerity.”
¿Viva México?
As I left Mexico City for the long weekend the morning after Halloween, I looked out the airplane window and saw in the distance what appeared to be a ghost.
Seems like the world will need to get used to this frequent view of a scrapped, 1/3 completed, $13 construction project
Also important in the Colombian election on Sunday: With Francia Márquez, the nation for the first time will have a Black vice president -- and the second woman in a row to hold its second-highest office.
A good story on what that means for Colombia 👇
Mexican airport operator stocks are getting CRUSHED in trading on Thursday morning after AMLO's government changed their concession agreements “unilaterally and without prior communication,” according to one of the companies.
Several down more than 20%
NEWS: There's an
#Opec
oil deal, and AMLO appears to have won in his diplomatic standoff.
Mexico will only be required to cut 100,000 barrels -- less than its pro-rated share.
Mexico's economy is RIFE with extortion.
Businesses face shakedowns by everyone from union bosses to politicians to organized crime.
To grow anywhere NEAR AMLO's 4% goal, Mexico needs 3 things: "Institutions, institutions, institutions."
My story
¡Que magnífica amanecer para mi último día en México!
Voy a extrañar mi nuevo familia, mis amigos, colegas, y todo sobre este hermoso país.
¡Hasta pronto, México!
#FelizDomingo
After Pemex presented its business plan, Citibank says that a rating downgrade for the company and for Mexico's sovereign debt is only "a matter of time."
The peso is also among the worst performers in emerging markets today, falling 0.5% to 19.0773 per dollar
Mexico's Zócalo central square, usually filled with a throng of thousands of revelers for Independence Day eve, tonight is empty save for a light show creating a colorful map of Mexico around the nation's flag.
#GritoDeIndependencia
#2020
NUEVO: El yerno de Trump, Jared Kushner, dice que en las pláticas para llegar al
#TMEC
en 2018, Jesús Seade, el entonces representante de AMLO, cometió uno de los PEORES errores de negociación que ha visto.
Seade me dijo que disputa esa historia.
HILO
#coronavirus
: La Torre BBVA en CDMX a partir de hoy y hasta el 31 de marzo va a desplegar cada 15 minutos la frase "Yo me quedo en casa."
#YoMeQuedoEnCasa
Aquí va un ejemplo 👇
#Covid_19
Mexico's AMLO today said he's likely to write Biden a LETTER explaining the USMCA trade deal, because he's sure there are points
@POTUS
doesn't know about.
But accusations of violation came not from Biden nor the White House, but career trade EXPERTS at USTR after long review...
Pemex can't seem to find the money to pay providers for services delivered, but found the resources to buy a refinery to try to move Mexico towards a fossil-fuel-based energy independence.
@amystillman
[""]
Mexico's national murder rate rose to 29 per 100,000 people in 2018.
That's less than:
* St. Louis (66)
* Baltimore (56)
* Detroit (40)
Mexico City's 16 per 100,000 is less than:
* Cleveland (28)
* Chicago (24)
* Philadelphia (20)
Just to keep things in perspective...
#Homicidios
con una tasa de 29 homicidios por cada 100,000 habitantes en 2018, la tasa de homicidios prolonga su tendencia ascendente observada desde 2015.
Things started to get intense around 6:40 p.m. as police cleared the area near St. John's Church ahead of Trump's unexpected visit.
Protesters reported tear gas, and you can see a loud bang at about six seconds into this video.
I headed home to make curfew
#WhiteHouseProtests
México recibe $12b de dólares de reservas del FMI como parte del $650b global.
Algunas naciones pagan costos de vacunas o equipo médico.
Otros países ricos como Francia las donarán para África y países pobres.
AMLO planea refinanciar la deuda de Pemex
SCOOP: The Biden administration has made a FINAL decision against inviting Cuba, Venezuela and Nicaragua to this week's
#SummitoftheAmericas
, bucking calls from Mexico’s president AMLO to include all countries or risk him staying home, sources tell me.
AMLO references the decision to close ProMexico, asking as a rhetorical question "Do you see an agency called Pro France?"
"Business France" is France's investment promotion agency.
Here is its website:
@lopezobrador_
#CuartaTransformacion
AMLO's support measures for
@Pemex
are a "stunning disappointment," JPMorgan says in a note to clients.
A sovereign credit-rating downgrade remains likely, and it's unclear how Pemex can possibly avoid tapping more external financing: JPM
@TheTerminal
@DaleQuinn
@lopezobrador_
Two years ago, Mexican General & Minister
#SalvadorCienfuegos
was honored with the William J. Perry Award by the U.S. Defense Department for excellence in security & defense education.
He was detained yesterday in LA on DEA orders for narco-related charges. Arraignment is today
AMLO says in morning press conference that the resignation of 3 independent
@Pemex
board members over his policies is a GOOD thing because they held conservative views.
Independent viewpoints and critical thinking look increasingly unpopular in the
#CuartaTransformacion
Very moving moment as Mexican President Andres Manuel Lopez Obrador drops to his knees in an indigenous ceremony during inauguration.
This ceremony is unprecedented and a nod to AMLO's time as an organizer with indigenous communities in Tabasco, as well Mexico's indigenous rootS
Mexico’s response to
#coronavirus
was "late, wrong and slow, and many people are going to die,” said Carlos del Rio, an infectious disease specialist at Emory University in Atlanta, Georgia.
Disturbing and important story by
@andreanavarror
Si México quierre el modelo económico que supervisó Kicillof en Argentina, sería una contracción annual de 2.5% mientras qué la mayoría del mundo está creciendo.
Enhorabuena??? 🤷♂️
THIS JUST IN:
#Mexico
has overtaken the U.K. for THIRD most confirmed
#COVID19
deaths globally.
The official count climbed by almost 700 on Friday from a day earlier to reach nearly 47,000.
Only the U.S. and
#Brazil
have more.
Grim way to end the work week...
.
@lopezobrador_
repeatedly predicted there would be NO reaction in FX/peso if Mexicans voted to abandon $13b new Mexico City airport in Texcoco, already 1/3 finished.
It's been 10 minutes, and here's the reaction so far; MXN down 0.7% in Asia trading that's typically light👇
Foreigners withdrew more than $20 BILLION from Mexican stocks and bond in the two months ended Nov. 30 as Lopez Obrador took a less market-friendly approach, almost the amount that flowed in over the previous TWO YEARS, according to Bloomberg data.
Hoy me fui a un sucursal de un banco mexicano para actualizar a mi dirección de casa. Traje pasaporte, FM2 y comprobante de domicilio.
Media hora y varias llamadas y fotocopias después, tuve que abandonar la tarea para otro día.
Increíble...
EXCLUSIVE: Mexico is preparing a significant tax break for Pemex, but the constitution blocks the nation from taking on debt to increase social spending to fight against the pandemic, Finance Minister Arturo Herrera said in an interview.
@MddeH
@nncattan
AMLO talks about his presidency being "The Fourth Transformation."
The economy in his first two years in office may grow one fourth as much as it did under Pena Nieto and Calderon.
Probably not the transformation he had in mind.
My story
Step One: The IMF gives Mexico $12 billion in reserves, which other nations were BEGGING for to pay for pandemic health and spending needs.
Step Two: AMLO, funds in hand, unveils plans to refinance Pemex's unprecedented debt
@mayaaverbuch
@amystillman
THIS JUST IN: Mexico hedged 2020 oil exports at an average $49 a barrel.
For the first time I recall in 7+ years covering Mexico, the finance ministry DOESN'T say how much it spent on the hedge. It's usually around $1 billion.
A lot of money at a time of "Republican Austerity"
AMLO said that Trump has treated Mexico with dignity and refinement.
Trump launched his 2015 campaign by calling Mexicans criminals and rapists and has sought to end protections for hundreds of thousands of immigrants who came to the U.S. without legal status as children.
Americans are just now getting to see what it's like when your president speaks to the press for more than an hour each day.
Mexicans have been living with the experience for 16 months and found out long ago that more availability doesn't always equal better information.
Mexican President Andres Manuel Lopez Obrador has spent the past SEVEN minutes of his morning news conference answering a question about retired baseball star Fernando Valenzuela.
In a nation with problems including VERY high rates of murder & kidnapping relative to the world...
EXCLUSIVA: El viernes pasado en Washington a puerta cerrada, ejecutivos empresariales de 🇺🇸 advirtieron a la Secretaria
@aliciabarcena
que la reforma judicial de AMLO/Claudia pueda dañar el clima de inversión en 🇲🇽, me cuentan fuentes familiarizadas...
Del caso
#EmilioLozoya
, una cosa que todavía no entiendo:
¿Pensaron que fue necesario sobornar a legisladores del PAN y PRI para votar a FAVOR de una reforma energética que YA tenían como la joya de su posición política económica durante varios años? 🤔
Espero que explican eso
Mexico Senate majority leader Ricardo Monreal, from AMLO's Morena party, tells residents of the city of Aguascalientes that he will send them more resources if they vote for Morena's candidate for mayor.
Would love to hear a legal or INE expert's analysis of this quid pro quo...
Ricardo Monreal está ofreciendo recursos públicos a los ciudadanos de Aguascalientes Sí el candidato de MORENA gana la elección...
¿Qué no es un delito lo que
@RicardoMonrealA
está haciendo?
De pena ajena senador...
A humanitarian effort led by Mexican Foreign Minister Marcelo Ebrard gave Afghans and their families who worked for The New York Times a sanctuary that the U.S. government was unable to provide -- by flying them to Mexico City.
@nytimes
@m_ebrard
AMLO: "The BEST workers in the U.S. are Mexican! We are a hard-working people! Our ancestors have given us a legacy of hard work!"
An unmistakable rebuttal to Trump's 2015 labeling of "criminals and rapists"
Amigos, ten cuidado por favor este fin de semana! Hoy mi novia sufrió un intento de robo de su teléfono JUSTAMENTE frente a Plaza Carso en Polanco.
Todas las evidencias que he visto a nivel macro y micro muestran que la seguridad en la Ciudad de México está empeorando mucho...
Mexico's business plan for Pemex is like parenting a millennial college grad: We'll support you for 3 years, but after that we expect you to fend for yourself or even support us.
In this case, hope is for Pemex no longer living in the basement & eating cold pizza beyond 2021...
The US comparison Xóchitl Gálvez most reminds me of at the moment is Barack Obama in 2007.
A community activist, not from a major political family, a short time in the Senate, quickly generating grassroots support.
Please use the space below to agree, or tell me how wrong I am
How many people will the Morena government of Mexico City estimate were at today's march against the Morena president? 🤔
Been a LONG time since we've seen homogeneity in capital and federal government
@lopezobrador_
@Claudiashein
#CuartaTransformacion
Mexico takes over third place in the global ranking of
#COVID19
confirmed fatalities.
U.S.: 157,000
Brazil: 92,000
Mexico: 47,000
U.K.: 46,000
India: 37,000
Italy: 35,000
France: 30,000
Our story by
@DaleQuinn
AMLO plans a 20-hour drive from Mexico City to Cancun to avoid commercial flights and the risk to catch the virus.
Is this travel the best use of time for the leader of a nation with rising
#coronavirus
deaths and the worst recession since the 1930s?
EXCLUSIVE: Donald Trump STILL isn't satisfied with Mexico's level of cooperation in the fight against drug cartels, a message that will be reiterated by Attorney General Barr in Mexico City today.
"Abrazos, no balazos" hasn't been a hit in DC.
My story
In a time of heightened trade tensions for Mexico, AMLO's party is enacting a law to get rid of the nation's most experienced trade officials in cities from Washington to Geneva by shutting down the economy ministry's global offices.
My story today
Mexico's immigration chief, a well-known advocate for migrant rights, quits.
He's swiftly replaced with the head of the nation's prisons system.
Seems that after last week, the updated job description may require a different set of skills.
#2019
Mexico faces "enormous" growth challenges, and per capita GDP may not recover to 2018 levels until 2026 or 2027, the IMF's top official said today at ITAM.
Alejandro Werner gave a grave warning of the need for the government to ensure companies that investments will be respected
Mexico today announced plans to use $6.4b of its rainy day oil fund to make up for oil revenue shortfalls and avoid cutting spending more after the economy stagnated.
In practicality, this is using the FEIP to support Pemex -- something AMLO said on Monday he DIDN'T want to do..