Connect with us

International

The economic data that defined Mexico’s second presidential debate

The second official debate of Mexico’s presidential candidates focused on economic issues, so promises about salary and employment, as well as macroeconomic and public finance figures dominated the exchanges.

These are the main data that marked the meeting of the three presidential candidates, the ruling party Claudia Sheinbaum, and the opponents Xóchitl Gálvez and Jorge Álvarez Máynez:

Álvarez Máynez, of the opposition Movimiento Ciudadano (MC), promised to raise the minimum wage to 10,000 pesos per month (about 583 dollars), above the current 7,467 pesos (435.4 dollars), while Sheinbaum asserted that it will rise to an equivalent of 2.5 basic baskets.

“(There are) better salaries. Remember that they did not increase wages for 36 years in the country and for the first time (under the government of Andrés Manuel López Obrador) they increased by 110%. We are going to take salaries to 2.5 basic baskets,” said the former head of Government of Mexico City (2018-2023).

Sheinbaum promised to build 100 new industrial parks to take advantage of the phenomenon of chain relocation or ‘nearshoring’.

Advertisement
20250301_vacunacion_vph-728x90
20241211_mh_noexigencia_dui_728x90
20231124_etesal_728x90_1
20230601_agenda_primera_infancia_728X90
domfuturo_netview-728x90
20240604_dom_728x90
CEL
previous arrow
next arrow

“We are going to develop another 10 welfare poles throughout the country to take advantage of the relocation that is taking place at the moment. Among other things, we are going to make 100 industrial parks linked to regional vocations, with education and development for well-being,” he said.

Gálvez denounced that the growth of per capita debt is equivalent to 54% during López Obrador’s six-year term (2018-2024).

“Yes, they got the country into debt. Today, every Mexican owes 128,000 pesos (7,463.5 dollars). (That is) 45,000 pesos ($2,623.9) more than when they arrived. That’s why I tell them that (Sheinbaum) tells lies. That’s why she is the candidate of lies,” said the candidate of the Alliance Fuerza y Corazón por México.

The opposition candidate promised that “everyone who earns less than 15,000 pesos ($874.6) a month will not pay taxes,” which “benefits 20 million Mexicans.”

The candidate of Fuerza y Corazón por México assured that the López Obrador Administration has granted Petróleos Mexicanos (Pemex) a tax support of 2 billion pesos (116,618 million dollars), which is equivalent to building 8 million homes and giving 50,000 pesos ($2,915.5 dollars) to each of those people.

Advertisement
20250301_vacunacion_vph-728x90
20241211_mh_noexigencia_dui_728x90
20231124_etesal_728x90_1
20230601_agenda_primera_infancia_728X90
domfuturo_netview-728x90
20240604_dom_728x90
CEL
previous arrow
next arrow

“Pemex is a robbed,” he said.

The ruling party candidate cited that the Government of López Obrador brought 5.1 million people out of poverty, based on the National Council for the Evaluation of Social Development Policy (Coneval).

“For the first time since 1982 we are below 40% of the poor population, and at the same time inequality decreased,” Sheinbaum said. But Gálvez argued that there are still 47 million people in poverty.

Sheinbaum accused his main rival, Gálvez, of representing the “neoliberalism” of his parties, National Action (PAN), the Institutional Revolutionary (PRI) and the Democratic Revolution (PRD).

“At the time of (Felipe) Calderón (president from 2006 to 2012, the inequality between rich and poor of the PAN), reached 35 times. With the transformation, inequality has decreased to 17 times, that is, it is a different model, before it was supported by those at the top, now it supports those at the bottom,” he argued.

Advertisement
20250301_vacunacion_vph-728x90
20241211_mh_noexigencia_dui_728x90
20231124_etesal_728x90_1
20230601_agenda_primera_infancia_728X90
domfuturo_netview-728x90
20240604_dom_728x90
CEL
previous arrow
next arrow

Álvarez Máynez stressed that Movimiento Ciudadano supports the reduction of the working day from 48 hours to 40 hours per week, in addition to accusing the parties of Gálvez and Sheinbaum of not supporting the proposal in Congress.

“She (Sheinbaum) is a candidate of the party that today has a majority in Congress. With your votes we could approve the decent workday with two days of rest a week, we could approve that this country has a universal minimum income,” he said.

Continue Reading
Advertisement
20250301_vacunacion_vph-300x250
20241211_mh_noexigencia_dui_300x250
20231124_etesal_300x250_1
20230601_agenda_primera_infancia_300X250
MARN1

International

Trump urges Putin to reach peace deal

On Monday, U.S. President Donald Trump reiterated his desire for Russian President Vladimir Putin to “reach a deal” to end the war in Ukraine, while also reaffirming his willingness to impose sanctions on Russia.

“I want to see him reach an agreement to prevent Russian, Ukrainian, and other people from dying,” Trump stated during a press conference in the Oval Office at the White House.

“I think he will. I don’t want to have to impose secondary tariffs on Russian oil,” the Republican leader added, recalling that he had already taken similar measures against Venezuela by sanctioning buyers of the South American country’s crude oil.

Trump also reiterated his frustration over Ukraine’s resistance to an agreement that would allow the United States to exploit natural resources in the country—a condition he set in negotiations to end the war.

Continue Reading

International

Deportation flight lands in Venezuela; government denies criminal gang links

A flight carrying 175 Venezuelan migrants deported from the United States arrived in Caracas on Sunday. This marks the third group to return since repatriation flights resumed a week ago, and among them is an alleged member of a criminal organization, according to Venezuelan authorities.

Unlike previous flights operated by the Venezuelan state airline Conviasa, this time, an aircraft from the U.S. airline Eastern landed at Maiquetía Airport, on the outskirts of Caracas, shortly after 2:00 p.m. with the deportees.

Interior Minister Diosdado Cabello, who welcomed the returnees at the airport, stated that the 175 repatriated individuals were coming back “after being subjected, like all Venezuelans, to persecution” and dismissed claims that they belonged to the criminal organization El Tren de Aragua.

However, Cabello confirmed that “for the first time in these flights we have been carrying out, someone of significance wanted by Venezuelan justice has arrived, and he is not from El Tren de Aragua.” Instead, he belongs to a gang operating in the state of Trujillo. The minister did not disclose the individual’s identity or provide details on where he would be taken.

Continue Reading

International

Son of journalist José Rubén Zamora condemns father’s return to prison as “illegal”

Guatemalan court decides Wednesday whether to convict journalist José Rubén Zamora

The son of renowned journalist José Rubén Zamora Marroquín, José Carlos Zamora, has denounced as “illegal” the court order that sent his father back to a Guatemalan prison on March 3, after already spending 819 days behind barsover a highly irregular money laundering case.

“My father’s return to prison was based on an arbitrary and illegal ruling. It is also alarming that the judge who had granted him house arrest received threats,” José Carlos Zamora told EFE in an interview on Saturday.

The 67-year-old journalist was sent back to prison inside the Mariscal Zavala military barracks on March 3, when Judge Erick García upheld a Court of Appeals ruling that overturned the house arrest granted to him in October. Zamora had already spent 819 days in prison over an alleged money laundering case.

His son condemned the situation as “unacceptable”, stating that the judge handling the case “cannot do his job in accordance with the law due to threats against his life.”

Continue Reading

Trending

Central News