20
Jul
2018

Stephan Selig, former undersecretary at the Departamento of Commerce

If you’ve been following the news, there was an statement made by President Donald Trump where he basically said something like this: that he had ‘clicked’ with the new President Elect, Andres Manuel Lopez Obrador and that President Donald Trump is interested in negociating what sounds like a bilateral trade agreement with Mexico. Of course there has been very interesting reactions in Mexico to this proposal. The secretary of economy, Ildefonso Guajardo cameo out and basically stated that no, Mexico Will continue to renegotiate NAFTA with the Canadians and United States. There is a questionmark in terms as to where this proposal is going. Top ut into context what this proposal means and reallisticaly what are the posibilities of NAFTA surviving this stage or. Joining us today is Stephan Selig, former undersecretary of commerce for International Trade at the U.S. Departamento of Commerce for the later years of Barack Obama’s Presidency, from 2014 to 2016.

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11
Jul
2018

Gabriel Casillas talks about how AMLO would deal with the present comercial war and the future of NAFTA

We have been following very closely of course the position taken by President elect Andrés Manuel López Obrador in regards to this meeting he had with the business community in the last few days.There is two really big issues that have to do with Mexico and it’s ability to do commerce around the world, and it has to do with tariffs, as you know there is a tariffs war around the world, a comercial war taking place and how that potencially affect the future renegotiation of NAFTA. To talk about these issues is with us Gabriel Casillas, Chief Economist for Banorte.

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5
Jun
2018

Eric Martin #AMLO adds up important supporters

Eric Martin, correspondent from Bloomberg Mexico talks about an article published by Bloomberg about presidencial candidate, Andres Manuel López Obrador ensuring Guillero Ortiz as his suporter. Let’s not forget that Guillermo Ortiz helped Mexico during the Tequila Crisis.

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5
Jun
2018

Interview with Sergio Negrete @econokafka : Mexican peso on a Free Fall

The Mexican peso is on a free fall and there is varios reasons for this depreciation but some of them, we just asume that is for the posible outcome of the elections. To talk about this subject is Sergio Negrete, profesor at the ITESO Guadalajara

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18
Apr
2018

Interview with Manuel Molano Deputy General Manager of the Mexican Institute of Competitiveness analyzing the Slim-AMLO debate regarding new Mexico City Airport

This story has been making headlines around the world Carlos Slim one of the most prosperous business men in Mexico and the world had a very interesting interview where he defended the new Mexico city airport, as you know we a rein the construction of a new airport, that would replace the old airport, here in Mexico city and candidate Manuel Lopez Obrador came out and said that this airport should not be built because he thought that there’s was a better and cheaper option. Carlos slim has a stake with one of his companies in the contract for building this airport, came out and said that not only would this effect the development of Mexico City but would indeed affect the future of the country. Let’s talk about this, I have you on the line now and I know you haven’t been on the show for a while the deputy general manager for the Mexican institute for competitiveness. Welcome to the show Manuel I’m glad to have you here. What are your reactions to this debate?
Hello Ana Maria, well I think that Mr. slim is right this discussion should have happened 5 years ago before the project was started, in the end most of the landing strips where most of the soil for the landing spots for the plains is already in place, and that a very big asset, I mean a big one around 30 billion pesos so I mean what are we going to do with that, a dancing floor or something(laughs) I mean we need to finish the project. Al though AMLO has a point saying yeah maybe we don’t need a 85 billion terminal I mean to put that in dollar terms I mean it’s not very expensive but it’s still around 4 billion US not a very expensive building, but I having said that in the department of financiers airports are cash cows all the business flows to finance this project and all the revenues to pay for the investment have been very carefully planned and the capital markets pretty much invested in this, so I think that in the end Mr. slim is right, I don’t think that AMLO´s idea of building additional landing strips in the military base of Santa Lucia is actually a viable option.
What do you think is going on here Manuel? Because there is a debate on the technical aspects on the position taken by Andres Manuela but there seems to be something else going on due with politics but I just don’t understand the politics behind this, I don’t know if Andres Manuel is attacking Carlos slim or if he’s just questioning or sending a message to the business community or if Andres Manuel really believes this. Would he still stick to creating a commission, which he did announce that he would create a commission that would evaluate the airport and not only that but the side of the contracts, then he al of a sudden comes out and says we´re not going to drop this airport.
Whoever the new president of Mexico is going to be, of course I would draw a line this is the flashiest project of the Peña administration, so I would indeed say we need to cut corners in this and that etc… and we need to think of the contract and think about the mobility plane and we need also to be looking at the realtor renovation options and look at what is going to be done with land of the old airport. Which are actually the most important points? What will happen to the current Benito Juarez airport? That’s an integral part, we can actually have a lake there, flood it. I’m really skeptical of the environmental damage of the new airport.
I remember in the 17th century where a man called Martinez was called in to open up the mountain in this area and drain the lake. That’s where he basically killed the ecosystem that existed before the Spaniards came to Mexico. Right now you can have more renovation options like creating more water basins in that area, is something that definitely needs to be looked at but that’s not compatible with building the new airport. Of course there are also about 5 airports around Mexico city and we could work on a plan for regional navigation from the Toluca, Queretaro, Pachuca, Puebla and Cuernavaca areas, but these airports do not have the capacity to be a part of an international hub and a city of this size needs an international hub because other international Latin America cities have them, even the smallest cities like san Salvador have them and they are becoming a regional hub. If we do not do this we are missing out on large international opportunities. I think that Mr. slim is right optimizing the efficiency and cost of the project is a different matter. What’s very surprising is that there is no change in AMLOs discourse (that the project needs to be canceled) I don’t think that is a sound option for this country.
Well on last question, I real appreciate you joining us today, is the going to be any political consequences for Andres Manuel for taking this position, and I mean he may even get more votes for taking this position. As you know this is a very interesting election, do you think that there will be any voters that will take a look at this and think twice or there will be voters that will definitely vote for him now that he has taken this position
I think that Mr. Slim is a very respected person he does have his detractors but I can say that most Mexicans admire him, this might take a toll on Andres Manuel and this will also reveal Andres Manuel as a probable future president of Mexico him and slim actually use to be very good friends as you know.
I know and that’s what surprised me about this debate because they were actually almost partners when he was mayor of Mexico City. Andres Manuel opened up most of the historical part of the city for Carlos slim in order to do rebuilding a lot of buying and actually a lot of improvement. I’m just trying to figure out where is this going.
I guess this is a new lesson for slim and he has to find out that there are no friends in politics. there’s no telling wit Andres Manuel, he offered Enrique Cardenas the position for the Puebla governor and again he gave it to Manuel Baroza, and he left his loyalist form old times and I guess this might take a toll on Andres Manuel and also there are many Mexicans and followers that think that this airport is a discussion just for rich people and think this won’t affect them.
It’s great to have you on the show and I hope you come back to talk about this, there’s a lot of issues to talk about
I would love to invite you Ana Maria
Thank you, Manuel Molano

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7
Mar
2018

Interview with Sergio Lopez Rodriguez Head of the Investigative Authority of the Federal Commision of Economic Competition

One of the issues that we have been addressing is the Energy Reform, a constitutional reform that is expected to have a major impact on Mexico, especially in the energy industry. Our friends at the Federal Commision of Economic Competition (COFECE), are initiating a very interesting investigation that has to do with the potential concentration of the market in the area of diesel and gasoline. This is not an easy task because the researchers want to make sure if this reform actually works.

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23
Feb
2018

Professor Sergio Negrete analyzing Bank of Mexico is worried about the elections affecting inflation

Everyone is watching very closely what is going to happen with the interest rate increase, not only in Mexico but also watching very closely of what is happening in the United States. The Bank of Mexico have expressed some concern that the electoral process could affect the inflation process. Today’s guest, Sergio Negrete professor at ITESO to explain that to us.

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31
Jan
2018

Update about the current status of NAFTA negotiations with Moises Kalach

We are still trying to understand what are the results and the agreements that the negotiators have been reached in this latest round of NAFTA negotiations that took place in Montreal. Joining us to give us an update as to where NAFTA is, as we speak, is Moises Kalach, coordinator of Strategic Negotiations for the CCE, that represents the interests of the Mexican Business Community.

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26
Jan
2018

Discussing why inflation decreased in Mexico with Sergio Negrete from ITESO

One of the issues that we address in almost every show has to do with the status of Mexican economy. Our friends from El Financiero had in their front page very interesting information in terms of what have happened with the inflation which actually in this month went up in 51% in the first 15 days of the year which is actually very important because we have reached historic hights and people are starting to get nervous but our guest Sergio Negrete, Professor at ITESO who has been joining us throught the years will explain why the Bank of Mexico predicts the inflation would go down.

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26
Jan
2018

Interview with Victor Esquivel, CEO of KPMG México right from Davos

Regarding the Global Risks Report 2018 that is been presented in Davos that basically gives us a sense of what the experts are thinking about mayor risks right now with the global economy.

Our friend Victor Esquivel, CEO of KPMG Mexico where there in Davos and will talk about the Global Risks in 2018.

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