The Contreras Report: Business México: Recent Episodes
Raoul Lowery Contreras
Covering topics such as México economy, goods & services crossing the Méxican/US border, trade agreements, the business life, and interviews that will open your mind to new business possibilities.
This program is presented by Raoul Lowery Contreras. He understands the business.
Mexican Pandemic dead...60,000...Lopez Obrador says he the second most popular leader in the world...Donald Trump...AMLO mimics Trump on press...Yaqui Indias rebel min Sonora...Farmers rebel in Chihuahua...Amlo's approval heading south...political corruption reachers President through his brother...Chinese truck maker opens MX plant...IKEA sells Mexican made sofas and mattresses...Stanley Black & Decker opens MX plant...Mexico City plans to spend billions of pesos to create 300,000 jobs in the next 18 months...more Bartlett family corruption...Remittances from the U.S. set new records...Record-setting anthropological finds at new airport construction sire...AMLO slashes budget...State Governors dump AMLO...PEMEX hopeless?
The host is Raoul Lowery-Contreras.
Mexican Riviera opens up for business...Maya Train switches from 100% diesel to 50% electric...Yaqui Indians of Sonora tangle with government...Former Pemex head under arrest and is telling stories about previous Presidents being corrupt...Ambassador Arturo Sarukhan wonders if "corruption" deflects from President's failure on handling Pandemic in Mexico...Experts noting charges of corruption haven't been proven...Constellation Brands, with legal backing from Mexican Bar Association, preparing to fight President Lopez Obrador's campaign to shut down the 1.4 billion dollar Mexicali brewery the Bar says was illegal...AMLO is having a fit over the challenge...AMLO says the fight is coming from "neoliberals" he will defeat...AMLO says President Felipe Calderon (2006-2012) ran a "narco-state"...Mexico seeking companies to abandon China and come to Mexico...
The host is Raoul Lowery-Contreras.
Corruption at PEMEX...political hacks get diplomatic appointments...cartel leader busted...for 5th time Mexicans protest AMLO in 13 different cities...Mexico becomes third largest covid-19 blackhole of deaths behind USA and brazil...move to b an Airbnb...Mexican Supreme Court pops abortion balloon...Mexico enters 21st century with food labels like USA...PEMEX loses more billions...exports skyrocket in June...economy bottoms out in second quarter...AMLO announces pension reform...Mexico duplicates american social security system.
Welcome to The Contreras Report: Business Mexico.
In this episode, Lopez Obrador visits Trump in WH...UNAM studies on "Extreme Poverty"...Coronavirus causes 1,000,000 formal JOB LOSSES...36,327 pandemic deaths...Mexican Supreme Court flexes muscles...AMLO tries to force government electrical generation monopoly...Canadian investments in Mexico...U.S. Ambassador to Mexico warns investors...Baja California Governor Jaime Bonilla takes on the federales & loses...Mexican state and local police get detectives...Trump says relations with Mexico never been better.
The host is Raoul Lowery-Contreras
Mexico elected to U.S. Security Council...USMCA Trade agreement starts...Lopez Obrador visits U.S...Lopez Obrador disapproval rates spike upward...President AMLO takes baby steps towards controlling elections...MX City Mayor announces multi-billion dollar spending...Remittances hit $15 billion...Is there child labor in Mexico?... Maya Train derailed...U.S. Trade organizations complain about Lopez Obrador's hamfisted policies...IMF predicts 10.5% GDP shrinkage...Mexico drought forces Mexico to import 100,000 tons of beans...Former Pemex CEO charged with massive crimes is being extradited from Spain...Arrest warrants for suspects in the disappearance of 43 students...Mexico City Police Chief attacked and wounded by pistoleros... Mexican resorts begin to open...Mexico ranks 6th in pandemic deaths...
The host is Raoul Lowery-Contreras.
DACA, Dreamers, U.S. Supreme Court, Maya Train, Pemex, Lopez Obrador, Tourism, Puerto Vallarta, Cabo San Lucas, Chicago, Interjet, Mexican poor, Covid-19, energy, tear gas, Mexican judge stops energy power grab, border crossing restrictions.
The host is Raoul Lowery-Contreras.
Maya Train, Lopez Obrador, and his conspiracy theories, Isthmus of Tehuantepec, Industrial parks, Gulf of Mexico, Pacific Ocean, George Floyd Death protest in Mexico City, Mayor Claudia Sheinbaum, Guadalajara riot, corruption, Financial Intelligence Unit, oil refineries, Bank of Mexico predicts a big-time recession, Quintana Roo, Cancun, Tax evasion and recovery, Cabernet Sauvignon, National Autonomous University (UNAM), Monterey Technical Institute.
The host is Raoul Lowery-Contreras.
Beer is back, Mexican domestic car sales plunge due to lockdown, April remittances down from Record March, April remittances down over 2019 but purchasing power is up 7.7% due to weakening peso, President Lopez Obrador opens construction of 1500 kilometer MAYA TRAIN, "Follow the Money," by Mexican and American DEA agents freeze 1.1 billion dollars of cartel money...Thousands of protesters hit the streets in over 40 cities of 20 state capitals in Mexico, protesting President Lopez Obrador...Coronavirus victims, 25,000 in Mexico City, 14,000 in Mexico State, 5000 in Baja California.
The host is Raoul Lowery-Contreras.
President Lopez Obrador...Manuel Bartlett...Enrique Camarena...Pemex...1st Quarter GDP contraction...Eight billion-dollar Maya Train...Mexico designs and manufactures ventilators for coronavirus victims for thousands of dollars less...Cancun back online...Seven Mexican governors unite to defeat Lopez Obrador/Bartlett sleazy takeover of all electrical generation in Mexico..."Blood will flow" say Mexican women if the government shuts down their electricity...Pemex oil refineries 4th and 5th worst polluters in the world...Mexican built cars exported to Azerbaijan...Lopez Obrador wants a nation survey to measure "happiness" ...American Department of Defense joins with American Legion Mexico City Post to feed needy...
The host is Raoul Lowery-Contreras.
- President Lopez Obrador sneaking electrical generation into a government monopoly
- 45,000 Mexico City restaurants start to open
- Border non-essential travel restriction extended until June 22
- Cancun hotels told they can't open on June 1
- Mexican Lock down starts to be loosened
- Car industry reopens
- Energy production by private Mexican firms costs 85% less than government electricity generation
- Maya Indians supported by court injunctions stop construction on $8.8 billion dollar "Maya Train" project of Mexican President
- Presidents of U.S. and Mexico agree on New York Times being "famous" without "ethics." Mexican President demands apology for Mexico being injured by Barack Obama's Department of Justice
- Trump blamed Mexican Carlos Slim -- 10 to 20 times richer than trump, for conspiring with Clinton Foundation to keep Trump from winning Presidency
- Mexican Carlos Slim owns 14% of New York Times
- Trump claimed Slim ordered Trump smeared
- American Legion Post in Mexico City feeds needy people during coronavirus emergency
- American citizen governor of Baja California state, Mexico loses huge decision by Mexican Supreme Court
The host is Raoul Lowery-Contreras.
500 Year old street open market closed for first time, where? Beer shortage in Mexico. Gross Domestic Product (GDP) declines 1% in 2019, currently dropping 3,6%. March remittances from U.S. to Mexicans hit record of $4 billion. 100 border essential factories open to supply USA defense industry. National murder rate drops. Pemex loses $526 billion pesos in 1st Quarter. Maya Train contracts to let, billions of pesos. MX President joins President Trump in "stolen valor" taking credit for help to people -- only ita illegal in Mexico.
The host is Raoul Lowery-Contreras.
SEGMENT 1
MEXICO SHUTS DOWN FOR CORONAVIRUS- In all, 18% of firms in Mexico are considered essential and are allowed to stay open. Alcalde said that of the remaining nonessential firms, 87% had closed and 13% had refused to do so.
President Andrés Manuel López Obrador also said he didn’t like businessmen going out to seek loans from international lending agencies, further angering the business sector.
Under U.S. pressure, Mexico pledged Friday to reopen automotive plants in a “gradual and cautious” process. On Monday, Labor Secretary Luisa Maria Alcalde praised some automakers for reducing or stopping nonessential parts of their operations.
The U.S. government launched a campaign to get Mexico to reopen plants, suggesting the supply chain of the North American free trade zone could be permanently affected if they didn’t resume production.
Mexico’s border assembly plants are key to the U.S. supply chain, including those of autos and defense contractors, and employees at some of the facilities have staged walkouts and protests because of fears over the coronavirus.
Ellen Lord, U.S. undersecretary of defense for acquisition and sustainment, had voiced similar concerns Monday in Washington.
“We are seeing impacts on the industrial base by several pockets of closure internationally. Particularly of note is Mexico, where we have a group of companies that are impacting many of our major primes,” she said Alcalde publicly shamed some textile and footwear firms, as well as a department store chain, for not obeying closure orders for nonessential businesses.
SEGMENT TWO
Private business group arranged a huge loan to help small and medium size businesses affected by the coronavirus pandemic. AMLO objects.
López Obrador appeared to oppose a $3 billion credit arrangement that a leading business association announced with an investment arm of the Inter-American Development Bank to supply loan-type products for small and medium firms in Mexico hit by the effects of the pandemic.
Inter-American Development Bank and Mexican Business Council (60 of Mexico’s largest businesses) Loans for up to 30,000 businesses.
$12 billion a year IDB says there are 4.1 million small and medium sized businesses in Mexico; they contribute 42% of Mexico’s Gross Domestic Product and 78% of all jobs in Mexico.
Meanwhile, AMLO is cutting the Mexican federal budget and up to 17,000 small and medium sized businesses are expected to take a hit.
The austerity-minded López Obrador had vowed not to acquire new debt, and said the loan arrangement would not be backed by public funds or government guarantees. He said he also didn’t like that business groups had arranged the deal behind his back.
AMLO has no problem on writing off billions of dollars when he shut down construction on Mexico’s new airport and pledging millions of pesos to build a new oil refinery in his home state, or in starting a “Maya Train” in Yucatan or in founding a national bank for poor people -- but he objects to private people arranging a private loan to help small and medium businesses survive the great national shutdown of business the country has suffered.
AMLO
Covering topics such as México economy, goods & services crossing the Méxican/US border, trade agreements, the business life, and interviews that will open your mind to new business possibilities.
This program is presented by Raoul Lowery-Contreras. He understands the business.
THE CONTRERAS REPORT-BUSINESS MEXICO, answers these questions and punctures myths…
- Most American-thinking about Americans doing business in Mexico is anchored around the myth that Americans are prohibited from owning land in Mexico. Wrong!
- Many Americans think Mexico is a poverty sinkhole with women giving birth to ten, 15 children. Wrong!
- Many Americans cannot see past Mexico’s expropriation of the American/British oil industry eight decades ago; they don’t see the hundreds and thousands of American and British gasoline stations sprouting up in Mexico like weeds: Chevron, ARCAO, Gulf, Valero, BP…
- Mexican car dealers delight in selling “imported” cars from the USA, even as hundreds of thousands of Mexican-made NAFTA cars are sold in the U.S. and Canada…
- Many Americans are sure that Mexicans aren’t modern technical people or engineers at the very moment Mexico is graduating half the annual engineer output of the United States though its population is only a third the size of the size of the United States.
- Cars made in Mexico can be exported to and sold in a hundred different countries while American made cars cannot; why not?
- Is traditionally protectionist Mexico a more free trade country than the U.S.? Yes.
- Is it true that trade between the U.S. and Mexico is a million dollars-a-minute? Yes.
These questions and answers are why you should listen to THE CONTRERAS REPORT – BUSINESS MEXICO.