Since it announced the sale of its concessions division in Mexico, its biggest source of earnings, OHL is expected to look for alliances to regain muscle. A merger with another European construction company could be a possibility.
The US Congress used to bully the White House by threatening to put a lid on public expenditure, forcing the administration to face failure. Mr Trump has turned the rules of the game upside down by menacing that he will do this should Congress fail to fund the Mexican wall.
Nick Ottens via Atlantic Sentinel |US President Donald Trump ‘s big mouth has failed to impress the world. And that is dangerous. At some point, the American might feel he needs to make good on his threats.
Emmanuel Gomez Farias Mata and Ivan Farias Pelcastre | Donald Trump’s populist approach led political commentators on both sides of the Atlantic to argue that the US had abandoned its position at the forefront of global politics. Those same commentators quickly turned their heads to Germany as the country that can — and seems willing to — lead the industrialized, liberal democracies into the 21st century, and pronounced German Chancellor Angela Merkel as the new “leader of the free world.”
Mexico is an automotive powerhouse in its own right: it is fourth in the rankings of automobile exporters, coming immediately after the top three players, Germany, Japan and the US. And there are important indirect public advantages which an automotive manufacturere can benefit from if it decides to set up operations there.
Francesco Saraceno | I share with Donald Trump the belief that Germany is harming the world economy. (Ok, ok, it is not bad Germany, it is bad German trade. ). Yet, I think it is worth pointing out something trivial that is not emphasized enough. Trump is right about Germany, but for the wrong reasons. The problem is not the number of German cars circulating in the US, but the number of American cars not circulating in Germany.
The IMF’s last report on Mexican Economy praises the quality of the general framework of its economic policy and its execution, encourages maintaining the principles of fiscal consolidation with the aim of keeping debt under control – the federal budget normally closes in the red – and reiterates the importance of transforming PEMEX into a profitable organisation.
Daniel Kapellmann | Whereas it took some 10 years to negotiate and enforce a mechanism to strengthen commercial bonds between Canada, the United States and Mexico, today, after 23 years in existence, the North American Free Trade Agreement (NAFTA) may be overrun in just a couple of months.
Mexico seems to be one of the countries most threatened by Trump’s protectionism plans. The prospects, however, for Mexican companies are better than many investors fear.
Maria Fernando Tapia Cortés | Donald Trump has already built barriers around his relationship with Mexico that are higher than any wall. The diplomatic slip in the form of a tweet that ended with President Enrique Peña Nieto canceling their meeting was apparently fixed after the phone call between the two presidents held on January 27, in which they agreed to not talk publicly of the wall and expressed their desire to keep cooperating on issues like security.