Monday, January 6, 2025

Like AMLO, Veracruz governor has no house, car or money

Poverty among politicians is the new normal in Mexico.

Veracruz Governor Cuitláhuac García Jiménez echoed this week’s declaration of destitution by President López Obrador by revealing his assets are few.

He said he owns neither a vehicle nor a house, and is in debt for 300,000 pesos.

He ran up the debt by taking out loans during the period when he was neither a federal deputy nor governor, García said. “It wasn’t easy.”

He also lost his car in a traffic accident last year. The insurance was enough to pay for its loss, he said, “and that helped me recover a little.”

“I have no house [García lives with his parents], I own a piece of land and have three bank accounts with about 10,000 pesos [US $515].”

Source: Milenio (sp)

Olinia models

Mexico’s electric vehicle Olinia to debut at 2026 World Cup

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The low-cost mini-electric vehicles are being designed as an alternative to motorcycles for young people and families living in urban environments.
U.S. fiscal support and a competitive exchange rate have boosted remittances this year, one expert said.

2024 likely to be a record year for remittances to Mexico

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Remittances sent to Mexico continue to rise, and remittances from Mexico to other countries are growing even faster.
Mexican President Claudia Sheinbaum takes a selfie in front of a crowd holding signs thanking her

Almost 100 days into her presidency, Sheinbaum’s approval rating is higher than ever

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The vast majority of respondents view Sheinbaum as an honest and capable leader, though her ratings on corruption and organized crime remain weak.