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LyrArc brings in selected articles from many of the world's top publications.

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The Times Original article ›
LyrArc Article Gist
Mexico's former president Enrique Pena Nieto, 54 years, is being investigated for corruption. The former head of the oil company Pemex  Emilio Lozoya, 45 years, was arrested in February in Spain and is said to be cooperating fully with the authorites. A wide ranging inquiry was ordered by president Lopez Obrador.  Mexico's Attorney General says that Mr. Lozoya testified that he was asked to give two bribes of over 3 million dollars each to Pena's election campaign and to bribe politicians to pass legislation to open up the state sector to private investment. The money was sourced from Odebrecht a Brazilian construction company that paid hundreds of millions of dollars in bribes to build ports, bridges and stadiums all over Latin America. This shows how quickly the reputations of leaders in Latin America have changed from Mexico, Brazil, Chile, Argentina and Peru. In every case it is corruption or mismanagement of the economy or both. The failure to consider the needs of people in Latin America, the hype and the pretense, show how much good sense, wisdom, hard work and honest leadership is needed.   ...
Washington Post Original article ›
LyrArc Article Gist
The Post's Lally Weymouth interviews Enrique Pena Nieto, leading presidential candidate in Mexico. Nieto discusses the war on drug cartels. He says his government is commited to continuing the fight, but says Calderon's strategy has not worked, and the need now is for reducing the rising level of crime. Nieto's priorities are to open up the economy to competition by reducing the power of the monopolies and oligarchs, reduce poverty by providing social security to all Mexicans, increasing private investment in Pemex, and increasing the taxpayer base to finance new investment and programs.
Washington Post Original article ›
LyrArc Article Gist
Mexico's president Enrique Pena Nieto describes his plans for increasing economic growth in an interview with Lally Weymouth. He looks back at the changes made through the Pacto de Mexico in energy, education and telecommunications, and in other areas. Changes made will allow political parties to form coalitions after 2018 following a presidential election, to form a majority in the legislature so that new legislation can be passed. A new criminal code for the entire country will override a patchwork of laws in different states. Economic growth is a high priority after disappointing 2.6% growth in the last 3 years, with infrastructure projects planned- new airport for Mexico City, doubling port capacity, new rail lines and high speed rail line Mexico City to Queretaro.
WSJ Original article ›
WSJ Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Luis Videgaray, MIT trained economist, is the closest economic advisor to Mexico's presidential candidate, Enrique Pena Nieto. Mexico's presidential elections will be held in July 2012.

Excerpts: Luis Videgaray

Wall Street Journal Original article ›
LyrArc Article Gist
David Luhnow and Jose de Cordoba interview Luis Videgaray, close economic advisor for Mexico's leading presidential candidate, Enrique Pena Nieto. Elections will be held in July, 2012. Videgaray answers question about the policy agenda if Nieto is elected, covering changes in the oil industry, education, social security, the fight against organized crime.
Wall Street Journal Original article ›
LyrArc Article Gist
Enrique Pena Nieto talks with the Journal's O'Grady. He would like to seee a consitutional amendment that allows private investment in Pemex, Mexico's state owned oil company..
New York Times Original article ›
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Enrique Pena Nieto, assumes office as the new president of Mexico in Nov. 2012. His focus is on implementing a 13 point agenda which includes crime prevention, better schooling and employment opportunties, new train lines, expanding internet access, and support for social programs for the poor. He said there were two Mexico's - one that was benefitting from the global economy and modernization, and the other which was falling behind and hurting Mexico's image abroad. Economist Videgaray, close advisor to Nieto, is now the new Finance Minister. Videgaray says there is a common misconception that the PRI which ruled Mexico for so long is back in power. But times have changed. The PRI of today is no longer the PRI of yesterday, and understands that it like any other party can be voted out of power if it does not provide good government, says Videgaray. The focus of the new government will be on efficiency and modernization. Doing this will require the cooperation of the opposition parties, as Nieto won only 38% of the vote in a three way election against Mota and Obrador. He does not control Congress and the PRI opposed the legislation of the Calderon government during its term in office....
Wall Street Journal Original article ›
LyrArc Article Gist
Enrique Pena Nieto of the PRI party wins the presidential election in Mexico with 38% of the vote. Lopez Manuel Obrador came second with 31% of the vote, and the candidate of the ruling PAN party, Ms. Vazquez Mota came in third with 26% of the vote. Voters were eager for change afer 12 years of rule by the PAN party under Vicente Fox and Felipe Calderon. Mexico averaged growth of 2% during these years, though growth has increased since the financial crisis. But the benefits of globalization, foreign investment, and trade reached the better educated and skilled workers leaving many behind. This period included negative growth during the 2008 financial crisis. .
New York Times Original article ›
LyrArc Article Gist
The ruling National Action Party in Mexico nominated Josefina Vazquez Mota, an economist and a former education secretary, as its nominee in the presidential election. Ms. Mota is likely to appeal to female voters in Mexico and is presented as a soothing maternal figure during a period when Mexicans have faced a grueling war against drug gangs, and someone who is quite different from the PRI candidate, Mr Enrique Pena Nieto. When asked a question about the price of tortillas for ordinary families, Nieto once replied "I am not a lady of the house."
France 24 Original article ›
LyrArc Article Gist
Mexico's Attorney General under president Enrique Pena Nieto is odered to stand trial by a Mexican judge. The then Attorney General was part of the effort to present "historical truth" version of events in the forced disappearance of 43 students which was rejected by the people. The effort is part of a broader effort to bring the rule of law to Mexico under president Lopez Obrador, including efforts to control illegal money laundering and other illegal use of funds. Nieto was president from 2012 to 2018 when there was a failure in the rule of law in Mexico. This effort also restores dignity to Mexico and Mexicans in the light of the international community. For the US with its large community of people of Mexican origin, and Mexico as its most important southern neighbor, the restoration of the rule of law  brings dignity to people in the region.

Wall Street Journal Original article ›
LyrArc Article Gist
Only one in three Mexicans graduate from high school according to the OECD. Only about 4750 of Mexico's primary schools out of 99,400 give a full day of classes. The 1.4 million teachers union dominates the educational system and decides which teachers get hired or fired. Only union members can hold teacher positions and teachers are guaranteed lifetime positions. No testing or evaluation system is accepted by the union. A system unlike anything seen in other countries with strong teacher unions. The government of former president Calderon tried and failed to change this system. The new president Enrique Pena Nieto secured the cooperation of opposition parties to a 95 item agenda for change in Mexico. As one of his first steps he passed a bill in Mexico's Congress 360-51 changing the Mexican constitution to give the government powers over the hiring and firing of teachers, creating a new independent body for evaluation of teachers and requiring teachers to meet set standards. It also lengthens the schooling day to 6-8 hours from an average today of about 4 hours, half that in other industrializing countries such as S. Korea....
Washington Post Original article ›
LyrArc Article Gist
Felipe Calderon is President of Mexico till Dec. 1, 2012, when Enrique Pena Nieto takes office. He describes the priorities for the next administration at the Mexican cultural center in Washington D.C. The first is to allow foreign investment in Mexico's oil industry. His efforts to do this were watered down in Mexico's Congress. The renewal of the ban on assault weapons in the U.S. is another priority, as 80% of the 150,000 weapons confiscated by Mexican law enforcement were bought in U.S. gun shops. Calderon's says he worked hard in his term of office to make Mexico "a rule-of-law state."
Washington Post Original article ›
LyrArc Article Gist
President Enrique Pena Nieto proposes changes to the constitution in August 2013 to modernize Mexico's Pemex and open it up to working with foreign oil companies. Recognizing that a majority of public opinion is opposed to changes, Nieto gets the support of the PAN opposition party for a two thirds majority in parliament. He also navigates the difficult waters of Mexican history and the nationalization under President Cardenas in 1938, by saying: "Pemex will not be sold, nor privatized...The spirit of this reform recovers the best of our past to conquer the future." Previous reform effort in 2008 failed because of protests on the streets of Mexico City. A stalling Mexican economy and lower oil production has created new momentum for the effort to modernize Pemex and introduce better management for oil resources and new technologies. A consensus between the ruling PRD party and the PAN opposition party gives Nieto the two thirds majority needed, and sufficient support from the right and centre political parties to carry this through. The example of Brazil's Petrobras, which has discovered oil in the deep waters of the Atlantic and developed its own technological capabilities by working with foreign oil companies, also gives Mexico an example to follow. Under President Cardozo Brazil opened up its oil industry to work with foreign oil companies in the 1980's....
New York Times Original article ›
WSJ Original article ›
LyrArc Article Gist
Juan Montes of the WSJ describes the problems facing states in Mexico as the governors have accumulated power, debt has risen rapidly, and accountability of state officials is at a new low. Half of the states with elections in 2016 have doubled their debt in 6 years, according to government data. The federal audit office points to irregularities in $13 billion of federal funds transferred to states. Elections in states in 2016 shows public discontent with poor governance, corruption, and the lack of rule of law. This is leading to a close election in Veracruz with the PAN and PRD parties challenging the PRI in the state.

New York Times Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
WSJ Original article ›
LyrArc Article Gist
Montes and Cordoba of the WSJ provide this exceptional account of corruption at the state level in Mexico. Ironically the very effort to reduce the power of centralized administration with PRI winning repeated elections and having a monopoly in power for many years, led to the decentralization and passing on power and money to the state governments in Mexico after the 1990's. But this was done without putting in the checks and balances required. Instead too much power was now concentrated in the hands of the state governments which appointed even the judges and officials at all levels including election bodies. Federal transfers of tax money to states increased 20 fold to $88 billion in 2016, according to this report.  The result 41 state governors faced corruption charges between 2000 and 2013, according to the Mexican Competitiveness Institute. This includes the state of Veracruz where state coffers are almost empty and there is no money to pay municipal bodies. The PRI governor of Veracruz Mr. Duarte supported president Pena Nieto, and was at 43 years age cited as the new face of the young PRI. This report  says he is nowhere to be found now that $2.5 billion in state funds cannot be verified. Other states are Tamaulipas, Quintana Roo, Coahuila, Sonora, where corruption charges remain. The Veracruz scandal is among the worst and is the focus of attention for the public in Mexico. At this point president Pena Nieto of PRI has about 12% popularity rating, lowest of any modern Mexican president.   ...
New York Times Original article ›
WSJ Original article ›
Wall Street Journal Original article ›
Washington Post Original article ›

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