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News Article

Inflation keeps rising /Telmex’s workers on strike

By Karin Dilge | Fri, 07/22/2022 - 12:34

Inflation expected to continue rising. President López Obrador warned that inflation will most likely continue on its upward trend for at least three more months after the National Institute of Statistics and Geography (INEGI) reported that the index for consumer prices rose 0.43 percent, resulting in an 8.16 percent general inflation.

Nonetheless, the President said his administration will combat inflation through two initiatives. First, the government will continue to apply subsidies to fuel in order to control the prices and promote consumption which represent approximately MX$500 billion (US$24 billion) per year, nevertheless because the government is acquiring utilities from oil production this sum compensates, said the president.  The second initiative concerns strengthening fertilizer production plants in order to deliver fertilizers for free to two million growers, said the Mexican president. Moreover, avocado exports from Jalisco to the US will initiate for the first time. Finally, López Obrador believes that in Oct or Nov inflation will start to decrease.

Telmex’s workers on strike. President López Obrador called for the reconciliation of Telmex´s independent Mexican telephone workers union (STRM) who started a strike last Thursday.

Telephone union workers are accusing the company of not complying with the collective work contract and failing to fulfill the 1,942 job vacancies agreed upon. Telmex announced it will keep negotiating with the STRM until they reach an agreement that allows the financial viability of the company. Meanwhile, the telephone company will keep its operations running because its network operates autonomously. The president expects the strike to be over today or tomorrow morning.

Luz Raquel Padilla Feminicide. The Governor of Jalisco, Enrique Alfaro, assured that an exhaustive investigation will be carried out in regards to Luz Raquel Padilla´s feminicide. Moreover, Alfaro discarded that the feminicide is related to the authorities’ negligence.

Luz Raquel Padilla was soaked with alcohol and set on fire in a park in Zapopan, Jalisco. She died from her injuries and had burns on 90 percent of her body. Padilla had already alerted the authorities months before the attacks because she had been receiving threats from her neighbor. This has caused outrage among women in Mexico for the negligence displayed by the authorities.

 

Click HERE for full transcript in Spanish

The data used in this article was sourced from:  
Milenio, BBC, Joaquín López Doriga
Karin Dilge Karin Dilge Journalist and Industry Analyst