Banxico opens to intervene in the Mexican peso in case of “extreme” volatility

Banxico opens to intervene in the Mexican peso in case of “extreme” volatility

MADRID (EUROPA PRESS).- Mexico could intervene to restore order if the volatility of the currency market becomes “extreme,” according to the governor of the country’s central bank, Victoria Rodríguez. The governor’s statements came amid the high volatility that the Mexican peso has been experiencing in recent weeks, which has led global losses. However, Rodríguez did … Read more

The capture of the Judiciary: these are the risks of the reform that you see in the UNAM

The capture of the Judiciary: these are the risks of the reform that you see in the UNAM

MEXICO CITY (apro).- Academics from the Legal Research Institute of the National Autonomous University of Mexico (UNAM) warn of the risk that the Judiciary will be politically captured if President Andrés Manuel López Obrado’s Plan C initiatives succeed. . The university center recently published the “Technical analysis of the 20 initiatives for constitutional and legal … Read more

Coordinators respond to AMLO: “It is an academic duty and social responsibility” analysis of reforms

Coordinators respond to AMLO: “It is an academic duty and social responsibility” analysis of reforms

MEXICO CITY (apro).- In recent days, the Legal Research Institute (IIJ), as part of its work, issued a technical analysis about the twenty constitutional reform proposals of President Andrés Manuel López Obrador, about which he said: “I didn’t even see anything. They are predictable,” but he did criticize and question the production of this report. … Read more

Coparmex warns that the reform of the Judicial Branch will reduce confidence in investing in Mexico

Coparmex warns that the reform of the Judicial Branch will reduce confidence in investing in Mexico

MEXICO CITY (apro).- The reform proposed to the Judiciary and the “speed with which it is intended to be discussed can irreparably undermine confidence in investing in Mexico,” warned the Employers’ Confederation of the Mexican Republic (Coparmex). In a statement, he argued that said reform proposed by President Andrés Manuel López Obrador and supported by … Read more

The Court, willing to talk about AMLO’s reform: Alcántara Carrancá

The Court, willing to talk about AMLO’s reform: Alcántara Carrancá

MEXICO CITY (apro).- The Minister of the Supreme Court, Juan Luis González Alcántara Carrancá, recognized that the Judicial Branch of the Federation (PJF) is “perfectible” and insisted on the desire of its members to participate in a dialogue with the Legislative Branch, facing the discussion of the reform initiative presented by President Andrés Manuel López … Read more

Ramírez Cuéllar guarantees stability in the country

Ramírez Cuéllar guarantees stability in the country

He elected federal deputy for the party Morena, Alfonso Ramírez Cuéllarassured that for the moment The stability of the country is guaranteed. He even announced that the discussion and debate around the reform of the Judicial Branch It is running through institutional channels and there is certainty without disrupting any government agency. WE RECOMMEND YOU: … Read more

“The mistake of September”: judicial reform increasingly scares the markets

“The mistake of September”: judicial reform increasingly scares the markets

MEXICO CITY (apro).- As the days go by and the possibility of the reform of the Judicial Branch of the Federation being approved next September grows stronger, economic analysts who seek to reflect the sentiment of the markets increase the tone of the alert. In recent days alone, two cases have stood out: the New … Read more

Luis María Aguilar, “one of the most tenacious violators of the Constitution”: AMLO

Luis María Aguilar, “one of the most tenacious violators of the Constitution”: AMLO

MEXICO CITY (apro).- When criticizing the statements of the Minister of the Supreme Court of Justice of the Nation, Luis María Aguilar, President Andrés Manuel López Obrador pointed him out as one “of the most tenacious violators of the Constitution.” “This man is talking about the Constitution when Minister Aguilar is one of the most … Read more

Uncertainty over reforms impact the peso and the BMV; they plummet 8.10% and 3.99% in the week

Uncertainty over reforms impact the peso and the BMV;  they plummet 8.10% and 3.99% in the week

MEXICO CITY (Apro/Fortuna). Uncertainty spread during the week in Mexican financial markets after the June 2 election. The last day of transactions translated into a daily depreciation of 2.08% for the peso, which closed at levels of 18.4540 units per dollar after touching highs of 18.4610. Operators stated that due to the tension that existed … Read more

They confirm that plan C will be seen in September; Monreal strictly discards endorsement

Ramírez Cuéllar guarantees stability in the country

The leader of the federal deputies and next senator, Ignacio Mierreported that as of September 1, already with a Congress of the Union with a qualified majority of Morena, the package of constitutional reforms that the Republic President sent since February 5 of this year and that include the reform of the Judiciary and autonomous … Read more