March 22th, 2024


1. Court requests the Mexican Government to stop enforcing the Electricity Industry Law

A federal judge required President Andrés Manuel López Obrador and authorities of the energy sector to comply with the ruling of the Second Chamber of the Supreme Court of Justice of the Nation (SCJN) that declared the reform to the Electricity Industry Law (LIE) unconstitutional.

The First District Judge Specializing in Economic Competition, Dinorah Hernández Jiménez, was notified of the decision of the Second Chamber. The ruling, through the deciding vote by Minister Alberto Pérez Dayán, declared unconstitutional the reform to the LIE promoted by the López Obrador’s administration.

Proceso: Jueza pide a Gobierno dejar de aplicar la Ley de la Industria Eléctrica

2. Mexico takes position on SB4 immigration law issued in Texas

The Texas Anti-Migrant Law, also known as SB4, allows local and state police to arrest and prosecute those suspected of irregular border crossings from Mexico.

President Joe Biden’s administration argues that this Texas law violates the Constitution and federal law by interfering with the federal government’s power to regulate migration. President Andrés Manuel López Obrador has warned that Mexico will not accept deportations of migrants by the government of Greg Abbott, and has declared that “we will not stand idly by.” The Mexican Foreign Minister, Alicia Bárcena, will file a lawsuit against the State of Texas for the application of this law.

Milenio: México alista escrito para litigio contra Texas por ley antimigrante SB4

El Universal: AMLO advierte que México no aceptará deportaciones de migrantes del gobierno de Texas

3. Claudia Sheinbaum presents energy plan. State debates modify trends

Claudia Sheinbaum Pardo, presidential candidate of the coalition Sigamos Haciendo Historia, presented a 10-point strategic plan, what she called her government axis: Sovereign Republic with Sustainable Energy, which aims to rescue the sector and support Petróleos Mexicanos (Pemex) and the Federal Electricity Commission (CFE).

This week, state debates were held in Mexico City and Jalisco, where the frontrunners were further defined, both with more than 10 points over their closest contender. In Mexico City, the favorite is Clara Brugada of the Juntos Haremos Historia coalition, and in Jalisco, Pablo Lemus.

Aristegui Noticias: Sheinbaum presenta plan energético; Xóchitl pide apoyo de las empresas; Máynez arremete contra encuesta.

Debate: Clara Brugada mantiene ventaja sobre Santiago Taboada
en CDMX,según nueva encuesta.

4. Mexico sees economic and investment growth, the Secretary of Economy says

The head of the Ministry of Economy, Raquel Buenrostro Sánchez, said that Mexico is no longer a country of cheap labor, thanks to the nearshoring trend that attracted investments in high-technology specialties. She commented that the investments coming into the country are of a different level, since they are destined for technologies and require increasingly specialized personnel to fill the jobs. Between January 1, and March 15, the Government tracked 73 public investment announcements for a total of $31.5 billion dollars (mdd) with an estimated 39,000 new jobs generated, the agency reported.

The Mexican economy experienced a rebound in February, growing after two months of deceleration, as revealed by the National Institute of Statistics and Geography (Inegi).

El Economista: Economía vuelve a prender motores; habría crecido 0.3% en febrero

Forbes: México dejó de ser un país de mano de obra barata, dice secretaria de Economía

5. President’s approval rating rises to 73% after campaigns kick off

President Andrés Manuel López Obrador’s approval rating rose to 73 percent in March, levels not seen since 2019, following the start of campaigns towards the June 2 elections, a Reforma newspaper poll revealed Tuesday.

This is the president’s best performance in the Reforma poll since July 2019, when he obtained 70 percent approval. On the other hand, 24 percent of those polled now said they disapprove of the president’s administration. López Obrador took office in December 2018 and leaves the government this coming October.

Heraldo: Aprobación de AMLO sube a 73% tras arranque de campañas presidenciales