Tag: Enrique Pena Nieto

Peña Nieto suffers first setback

Apr 23, 2013 9:54pm by Adam Thomson

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Mexico’s reformist administration suffered its first significant setback on Tuesday as political infighting forced it to back-peddle on plans to unveil a banking-reform bill. But how serious is the scrap? And how will it impact the rest of the government’s reform programme?

Investors need to have a sense of both answers because they have been pouring billions of dollars into the country in the hope that centrist President Enrique Peña Nieto can transform Mexico into one of the world’s most successful emerging markets. Continue reading »

Tags: Enrique Pena Nieto, Mexico economy, Mexico politics, Mexico reform Posted in LatAm, Mexico | Permalink

Mexico-US: let’s talk about trade

Mar 28, 2013 7:33pm by Adam Thomson

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Enrique Peña Nieto, Mexico’s reformist leader, had an important phone call this week: it was with Barack Obama, and the conversation was to confirm that the US president would visit his southern neighbour during the first week of May.

The forthcoming trip, which Mexico’s foreign ministry has described as a working visit to cover everything from trade and competitiveness to security and education, is a big deal for both presidents, but in particular for Peña Nieto.

Not only will it add to political momentum at home, but the visit is also a chance for Peña Nieto to shift the discourse on the relationship between the two countries away from drug violence – and towards trade. Continue reading »

Tags: Enrique Pena Nieto, trade, US-Mexico Posted in LatAm, Mexico | Permalink

[video] Unlocking Mexico’s potential

Mar 12, 2013 1:04pm by beyondbrics

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Enrique Peña Nieto, Mexico’s new president, is promising structural reforms and generating great excitement about his economic model. Mexico’s markets are rallying, but can the reforms stimulate real wages, which have stagnated for more than a decade? John Paul Rathbone, Latin America editor, and Long View columnist John Authers discuss.

Tags: Enrique Pena Nieto, Mexico economy, reform, video Posted in LatAm, Mexico | Permalink

Peña Nieto’s telecoms move highlights grip on power

Mar 11, 2013 10:26pm by Ron Buchanan

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Exciting times in Mexico. Enrique Peña Nieto is the first Mexican president since Carlos Salinas de Gortari, a quarter of a century ago, to seize the reins of power with both hands. And on Monday he announced his most recent assault on the often shadowy special interests that are seen as resistant to any attempts to overturn decades of misfiring in the Mexican economy.

Having celebrated at the weekend his first 100 days in power with a claim that “I’m here to transform the country, not simply run it”, on Monday Peña Nieto unveiled a plan to reform telecommunications, a sector long criticized as being dominated by the three “titans” of the industry. Continue reading »

Tags: America Movil, Carlos Slim, Enrique Pena Nieto, Mexico telecoms Posted in LatAm, Mexico | Permalink

Pemex turnaround: can it be done?

Mar 11, 2013 7:01pm by Adam Thomson

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There’s a joke about Pemex, Mexico’s gargantuan state-oil monopoly. The new chief executive officer walks in on his first day, summons his top people and gives them the simple task of bringing him a grey pinstripe suit.

So the next day, when he receives a three-piece multi-coloured monstrosity, he asks them what happened that they should have twisted his instructions out of all recognition. “Well, sir,” they say, “we interpreted what you said, and felt that this suit was what you really meant to ask for.” Continue reading »

Tags: Enrique Pena Nieto, Pemex Posted in LatAm, Mexico | Permalink

Mexico’s strangely opaque transparency drive

Jan 30, 2013 11:41pm by Ron Buchanan

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Enrique Peña Nieto’s clean-cut image is matched by his enthusiasm for transparency, a theme that ran through his election campaign and he has followed through while in power. The Mexican president and his Cabinet recently published audited statements of their personal income, properties and other assets. Continue reading »

Tags: corruption, Enrique Pena Nieto, Mexico politics, transparency Posted in LatAm, Mexico | Permalink

Peña Nieto: shaking things up

Dec 4, 2012 2:11am by Adam Thomson

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How long should you wait before judging a president? One hundred days? A year? Perhaps more than that. What is certain is that in Mexico, where Enrique Peña Nieto (pictured) was sworn in as head of state on Saturday, people are already starting to talk.

The reason is that the 46-year-old former state governor provided the nation with a surprisingly pointed speech as he donned the presidential sash. Much more specific on policy than previous inaugural speeches, Peña Nieto hit two themes that have plagued Mexico and its development: education and competition policy. Continue reading »

Tags: Enrique Pena Nieto, Mexico economy Posted in LatAm, Mexico | Permalink

Not so fast on Peña Nieto reforms

Oct 4, 2012 11:49pm by Ron Buchanan

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The incoming Mexican administration of Enrique Peña Nieto has been providing more details of its plans for reform, both before and after it takes office on December 1.

The labour reform is already winding a slightly laggardly way through the Senate having passed through the Lower House a few days ago. It was initiated by the outgoing president, Felipe Calderón, but with what appears to have been a generous nod and a wink from Peña Nieto. Continue reading »

Tags: Enrique Pena Nieto, Felipe Calderón, labour reform, oil & gas Posted in LatAm, Mexico | Permalink

Calderón and Peña Nieto play nice

Sep 3, 2012 11:47pm by Ron Buchanan

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Such good chums! Felipe Calderón, the Mexican president, and his successor come December, Ernesto Peña Nieto, liberally scratched each other’s back on Monday when Calderón presented his last State of the Nation address.

Peña Nieto tweeted congratulations to Calderón on the achievements of his administration, while Calderon called on “Mexicans, despite their differences, to support the president-elect.” Continue reading »

Tags: Enrique Pena Nieto, Felipe Calderón Posted in LatAm, Mexico | Permalink

Dinosaur spotting in Mexico

Jul 6, 2012 3:44pm by John Paul Rathbone

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Who are Mexico’s real dinosaurs? The term usually applies to certain old-school fat cats in the Institutional Revolutionary Party (PRI), whose Enrique Peña Nieto won last Sunday’s election. A common fear is that these dinosaurs will get their claws into the 45-year old Pena Nieto when he assumes the presidency in December.

But the dinosaur label fits Mexican leaders of other political stripes too – notably Andrés Manuel López Obrador (pictured) of the left-leaning Party of the Democratic Revolution (PRD). Continue reading »

Tags: Amlo, Enrique Pena Nieto, Mexico elections, Mexico politics Posted in LatAm, Mexico | Permalink

Mexico’s election – not the easy reform ride that markets priced in?

Jul 3, 2012 3:03pm by John Paul Rathbone

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It’s still a bit early to discern the aftermath of Mexico’s elections. But what is clear from the results, so far, is that Enrique Peña Nieto of the opposition Institutional Revolutionary Party (PRI) may not be able to count on the easy glide path for his reform program that markets had priced in. (The Mexican peso is one of the world’s best-performing currencies this year; some of the country’s banking stocks, such as Banorte, are at or near all time highs.)

There are two obstacles that could give markets fright over the coming weeks and months. Continue reading »

Tags: Enrique Pena Nieto, Mexico economy, Mexico elections, politics Posted in LatAm, Mexico | Permalink

Mexico: don’t expect reform “big bang”

Jul 3, 2012 12:24am by Ron Buchanan

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As the echoes of the mariachi music from his rapturous election victory celebration the previous night still reverbrated around Mexico City on Monday, Enrique Peña Nieto, got straight down to business.

Mexico has a particularly long transition between presidencies – Peña Nieto is not due to be inaugurated until December – and they have frequently been fraught with severe economic and political tensions. Continue reading »

Tags: Enrique Pena Nieto, Mexico economy, Mexico elections, oil & gas, Pemex, reform Posted in LatAm, Mexico | Permalink

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Tag: Enrique Pena Nieto

Peña Nieto suffers first setback

Mexico-US: let’s talk about trade

[video] Unlocking Mexico’s potential

Peña Nieto’s telecoms move highlights grip on power

Pemex turnaround: can it be done?

Mexico’s strangely opaque transparency drive

Peña Nieto: shaking things up

Not so fast on Peña Nieto reforms

Calderón and Peña Nieto play nice

Dinosaur spotting in Mexico

Mexico’s election – not the easy reform ride that markets priced in?

Mexico: don’t expect reform “big bang”

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