September 24th, 2021
1. CELAC meeting proceeds toward new regional agreements
At the Community of Latin American and Caribbean States (CELAC) meeting, President Andrés Manuel López Obrador called for investing in the welfare of the continent and its nations under a new economic agreement with a social perspective. In addition, he proposed consolidating the regional internal market to gradually reactivate the economy through joint planning and involving organizations such as the Economic Commission of Latin America (ECLAC) and the Inter-American Development Bank (IDB).
The President of Mexico argued that creating an economic community like in other regions of the world would be possible if three basic issues were agreed upon: non-intervention and self-determination, development cooperation, and mutual aid to combat inequality and discrimination.
2. The Attorney General’s Office (FGR) investigates scientists
María Elena Álvarez-Buylla, the General Director of the National Council of Science and Technology (Conacyt), filed a complaint against the Scientific and Technological Consultative Forum, which worked on public policy proposals for three former presidents of Mexico. The Office of the Attorney General of the Republic (FGR) is preparing a criminal action against 31 former officials and members of this body. The Prosecutor’s Office has requested several arrest warrants for the scientists because it does not agree with the resolution of Judge Gregorio Salazar, who is a member of the Federal Criminal Justice Center of the State of Mexico.
On the other hand, the Judicial Power guarantees the protection and safety of judges and magistrates, so that the administration of justice is shielded from organized crime threats. The Federal Judicial Branch (PJF) requested that the Chamber of Deputies expand its spending plan for the 2022 budget to guarantee immediate protection measures for judges.
3. The new migration crisis in Mexico
The Government of Mexico, through the Ministry of Foreign Relations, is preparing to face a wave of Haitian migrants who have been held in a camp between Texas and Coahuila for almost a week. The United States began deportating almost 15,000 people who managed to cross the border and who will be returned to other countries or end up in Ciudad Acuña, a Mexican city that may become another major migration route.
Secretary of State Anthony Blinken and Foreign Minister Marcelo Ebrard will meet at the United Nations General Assembly, where they plan to continue this week’s migration talks on Haitians arriving from Brazil and Chile. Likewise, the letter that President López Obrador sent to President Joseph R. Biden calls for increased economic support for social programs in Central America.
4. The number of Legislative Committees grows to 51
The Political Coordination Board (Jucopo) of the Chamber of Deputies increased the number of legislative committees from 46 to 51, of which 20 are members of the Morena Party. The Morena coordinator, Ignacio Mier, stated that the increase in commissioners does not mean an increase in expenses for each one. Morena controls the Budget Commission, which oversees approval of the 2022 Expenditure Budget of the Federation.
Secretary of the Interior Adán Augusto López negotiated with members of the Senate Political Coordination Board to increase dialogue with each of the political parties, including those of the opposition, on the Executive’s legislative agenda. This includes inter-institutional coordination of the municipal, state, and federal police, and the National Guard. The Secretary held a meeting with the coordinators of all the political groups to work on the issue.
5. Inflation in Mexico increases to 5.87% in September
Consumer inflation accelerated in the first half of September, according to information from the National Institute of Statistics and Geography (Inegi). The National Consumer Price Index (INPC) recorded a fortnightly growth rate of 0.42%, while the annual rate stood at 5.87%. Inflation accelerated over a month, in addition to growing above the 3% objective set by the Bank of Mexico (Banxico).
The high level of inflation, which has risen since March, led the Bank of Mexico (Banxico) to act quickly. It raised its interest rate to 4.5% in August. In the coming weeks it will carry out another 25-basis point hike at its next monetary policy meeting this month, according to data from Citibanamex. Analysts predict that inflation will grow to 6.1%, while the Ministry of Finance and Public Credit (SHCP) expects it to reach 5.7%.