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The nearshoring trend is triggering a significant influx of global companies, including Tesla and many of its suppliers, to Northern Mexico, particularly the state of Nuevo León. But is there enough water to go round?
AMLO may seem like a bizarre choice for "Tyrant of the Year," especially given the fierce competition for the title, but once you see who leads and finances the NGO in question, it all makes a bit more sense.
Mexico's economy was one of the best performers of 2022, despite (or perhaps because of) a whole raft of worker-friendly policies from the AMLO government.
The reemergence of "payment strikes" is perhaps a sign that as economic conditions deteriorate, people will begin to leverage the only real power they have left in today's hyper-consumerist societies -- i.e., as consumers.
As the Mexican government's commitment to energy independence smashes into US financial interests, President López Obrador threatens to put sovereignty first.