Category Archives: Economy

AMLO in OMG infrastructure reveal

On November 26, 2019, Mexican President Andrés Manuel López Obrador (AMLO) gathered dozens of business leaders at the National Palace to announce a National Infrastructure Investment Agreement (ANII) comprising approximately US$42 billion of private sector investment in the country’s infrastructure.  We’re pleased, of course, because we really need it, but there is a lot of background and context to the splashy announcement so here goes.  Continue reading AMLO in OMG infrastructure reveal

Roma and Condesa two years later

Today as we write is September 19, 2019 and two years ago on this date our building jumped up in the air when a massive earthquake struck Mexico City.  The city’s devastating 1985 earthquake also struck on September 19.  It’s not like we’re superstitious or anything, but, uh, just to be on the safe side the municipal government conducted a city-wide earthquake drill at 10:00 a.m. this morning.  Granted, we had a drill on the morning of the earthquake two years ago, and we all made jokes and went back to work, then a couple hours later we were stumbling around on the street with broken glass and concrete dust all over us.  So far, today, so good. Continue reading Roma and Condesa two years later

Economic slowdown the talk of the town

Ten years ago we were crawling around in the smoldering wreckage of the 2008 financial crisis, hoping to survive the economic nuclear winter on grubs and bark.  Heaven knows there were some lean times there but somewhere along the way things must have turned around because in more recent years, to hear the media tell it, the North American economy had become Biggie Smalls, spending its days smoking blunts and drinking Cristal with chickenheads in a jacuzzi and it was all good.  Biggie’s long dead of course and the media are now auguring a similar fate for the NAFTA-zone economy, and much like back-to-school, we feel like we’re not ready for the heady summer of fun to end. Continue reading Economic slowdown the talk of the town