Things That Matter

The Peso Plummets After Mexico’s Finance Minister Quits And Calls Out Corruption In AMLO’s Government

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Mexico’s peso has taken a hit in value after the country’s finance minister decided to quit his job over disagreements with the president.

The decision by a top adviser to the Mexican president to resign while denouncing conflicts of interest in the government stunned the nation and its financial markets.

After news broke that the finance minister was resigning, the Mexican Peso lost a lot of value.

Credit: @CNBCNow / Twitter

Finance Minister Carlos Urzua’s abrupt decision to quit on Tuesday was the first major cabinet loss since Andres Manuel Lopez Obrador took office in December. The scorching tone of his resignation letter, from a public official known for extreme politeness and addressed to a president who made fighting corruption his central campaign issue, made the departure all the more surprising.

The unexpected departure of Carlos Urzua seven months into Lopez Obrador’s presidency sent stocks and the peso plunging and renewed worries among investors still wary after the president’s cancellation of a $13-billion airport project that was underway outside Mexico City.

In his resignation letter, Urzua called out corruption and conflicts of interest inside the government.

Credit: @CarlosM_Urzua / Twitter

“I’m convinced economic policy should be based on evidence, considering the various effects it may have and free from all extremism, whether from the right or left,” Urzua wrote in the letter posted on his Twitter account, adding that decisions by Lopez Obrador’s government on matters of public administration have lacked foundation. “However, during my term, these convictions weren’t shared.”

His tweet already has more than 25,000 retweets and nearly 7,000 comments.

By midday, the peso had fallen over 2% against the US dollar – a major slide for a currency considered to be quite healthy.

Credit: @LocalBusPod / Twitter

Within an hour, AMLO, as the leftist leader is known, nominated Arturo Herrera, Urzua’s deputy, to replace him. That helped to limit a tumble in the peso, which fell 1.2% at 3:23 pm local time, stopping losses of as much as 2.3% that had followed the publication of Urzua’s letter. The nation’s main stock index fell as much as 2%.

Markets are worried because according to many sources, Urzua was seen as the most responsible official at the finance ministry.

Credit: @GMonroyEnergy / Twitter

Many have admitted that it was not a secret that there were disagreements within AMLO’s government over economic policy.

Urzua had publicly opposed a law proposed by Lopez Obrador’s Morena party to reduce bank fees. He also opposed a proposal that the government dip into central bank reserves to fund infrastructure plans.

Some bickering is to be expected with any government, according to Coutiño, “there should be a consensus in terms of what the administration wants to do in the country.”

And the news simply shocked many, since Urzua had been one of AMLO’s most vocal allies and supporters.

Urzua has been a long-standing ally of Lopez Obrador, having been his finance secretary when AMLO was mayor of Mexico City at the start of the last decade. Herrera is also a former finance minister of AMLO’s in the nation’s capital.

READ: Protests In Mexico Over Increasing Gas Prices Turned Violent

Mexican Officials Jailed This Donkey Because His Owners Didn’t Pay Their Property Taxes But The Donkey Is Finally Out Of Jail

Things That Matter

Mexican Officials Jailed This Donkey Because His Owners Didn’t Pay Their Property Taxes But The Donkey Is Finally Out Of Jail

@Abriendo_Brecha / Twitter

A burro walls free after spending more than 72 hours in a local Mexican jail. He was booked and thrown in there because his owners, a couple in their eighties, were unable to pay their property taxes. 

Together with the help of a local animal welfare group, the donkey is a free from the jail cell and is once again back with his owners. 

Animal lovers everywhere are celebrating the news of a burros release from jail.

A donkey has been freed from jail in San Sebastián Río Dulce, Oaxaca, after 72 hours behind bars through the efforts of an animal rights organizations.

The animal was arrested over the weekend for its owners’ inability to pay local taxes.

Pascual Cruz and Alejandra Mejía, both in their 80s, did not have the means to pay the taxes, which other residents have denounced as abusively high.

After hearing that the couple had been refused the right to take the donkey food and water during its detention, animal rights activists in the state united to file an animal cruelty case with the state Attorney General’s Office.

Oaxaca animal rights group president Hilda Toledo said that activists had planned on going to Río Dulce to protest but the town is considered dangerous and outsiders must solicit authorization to enter, so they chose the legal route.

It all started when a couple in their eighties allegedly didn’t pay taxes. 

A donkey was booked into the town jail in San Sebastián Río Dulce, Oaxaca, apparently for unpaid property taxes.

In a truly cruel move, the city’s tax agent ordered the animals arrest so that the elderly couple wouldn’t be able to transport the firewood they use for cooking. But  Pascual Cruz and Alejandra Mejía, 88 and 86-years-old respectively, say they’ve been caught up in a power struggle between groups trying to take control of local resources. 

Authorities in the Mexican state of Oaxaca came to seize the couple’s burro.

Even though the couple says they only use the burro for domestic uses around the house, not for economic gain, the tax agent seized the donkey and placed it in the town jail. 

The incarceration was denounced by the Network of United Animal Rights Activists of Oaxaca.

“It may not be of much interest or importance to others, but it is for the animal’s owners,” said the organization in a Facebook post, “given that it is one of their most valuable possessions, since they use it to transport firewood from the hills to their home.”

The burro was being held without food or water and many people around Mexico were upset by the animal cruelty.

The couple also claims to have been refused the right to take the animal food and water during several days of imprisonment.

Many people around the world were really concerned for the donkey – some even writing to PETA for help.

One Twitter user wrote to to PETA and. Arjona animal rights supporting celebrities including Ricky Gervais. It’s not clear if any of them were involved in the release of the burro. 

Strangely, this isn’t the first time a donkey has been placed under arrest and thrown behind bars.

Another Mexican donkey landed itself in jail after biting and kicking two men.

The animal was locked up in a holding pen normally used for keeping drunks off the streets after it lashed out at the pair at a ranch in Chiapas state. 

The owner of the angry burro, Mauro Gutierrez, was told that he‘d have to pay the injured men’s medical bills before the creature is released from custody.

Mexico And The World Mourn The Loss Of Celso Piña, One Of Mexico’s Greatest Musicians

Entertainment

Mexico And The World Mourn The Loss Of Celso Piña, One Of Mexico’s Greatest Musicians

wachamagazine / Instagram

If there’s one instrument that best describes Mexican music is has to be the accordion. While the musical key instrument known as a squeezebox has its origins in Europe, it indeed came alive in Mexico as the staple sound in rancheras and cumbias. There is only one musician who thrived through the accordion sound, though sadly that is now a thing of the past.

Celso Piña, known as the “The Accordion Rebel,” died yesterday at the age of 66.

Credit: Instagram/@danonewillrise297

The Mexican musician was in his hometown of Monterrey, Mexico, and was soon scheduled to g on tour, but had a heart attack and died at the hospital.

La Tuna Group, Piña’s record label, confirmed in a statement that he died yesterday at 12:38 p.m. after suffering a heart attack.

Credit: Instagram/@mexicoprimero_

“Today is a sad day for La Tuna Group,” they stated, “Our deepest condolences to his family, friends, and followers. We are left with an intense emptiness, but he leaves us his great legacy forever. We appreciate respecting the privacy of the family.”

Piña seemed to have been in good spirits earlier in the day and tweeted for the final time. “No one can resist the cumbia,” he said.

The self-taught musician had been touring off and on for months. He also had upcoming shows in Georgia and Texas.

The Grammy-award winning musician had a musical career that spanned 40 decades, and aside from his musical stylings as an accordion player, he was also a composer, singer, and arranger.

Credit: Instagram/@patanegra_mx

Piña had collaborated with several contemporary artists including Lila Downs, Julieta Venegas, Cafe Tacvba, and Gloria Trevi, Variety reports. He was also more than a cumbia musician. His sound also fused into other musical genres, including norteña music, hip-hop, ska, reggae, and more.

Several celebrity fans and collaborators tweeted their heartfelt condolences.

According to the Grammy Academy, Piña got his hands on his first accordion in 1980. He taught himself how to play and performed with his brothers. “Together, they went on to play norteña and tropical music, eventually adding cumbia to their style,” the Academy states. “The brothers became known as ‘Celso Piña Y Su Ronda Bogotá,’ giving a nod to cumbia’s motherland.”

Fans on social media also expressed how much Piña meant to them.

One fan, @iphadra, tweeted, “his greatness of # CelsoPiña is not due to its successes or fame in the 5 continents. It is because it was he who came to claim the music of the marginalized.” @JJ4rmCh tweeted, Rest In Peace Celso Piña, no one fucked it up on an accordion like u did.” But this tweet we could totally relate to from @jennjenn1_  who tweeted, “It wasn’t a real quince or wedding until you played some #CelsoPiña ❤️🇲🇽 🎶🎶🎶 may his music live on for generations to come.”

Writer Melissa del Bosque had the honor of being able to interview him. She tweeted, “Hearing ‘Barrio Bravo’ for the first time was a life-changing experience. Celso Piña and Toy Hernández, of Control Machete, had created a whole new hybrid mixing Colombian cumbia with the anarchy of urban streets. I went directly to Monterrey to interview El Rebelde del Acordeón. Here we are at Cafe Brasil, one of his favorite haunts. As I wrote then, when ‘Cumbia Sobre el Rio hit the airwaves there wasn’t a car from Chicago to Chiapas that didn’t have the bass booming and the sonic onslaught layered with accordion rattling their windows.’ #RipCelsoPina.”

Last year, Piña visited one of his biggest fans, who is also an accordion player just like him. The two performed in the streets of Tamaulipas, Mexico.

Herrera recalled what it was like hearing that his musical idol had died. The young musician told El Universal that he was with his daughter when he heard the news that Piña had died. He said he couldn’t believe it, and all the memories from his incredible visit with him last year rushed back to him. He said it was a dream to have been able to perform with him. 

Here’s a couple of his most beloved and hit songs.

Here’s “Cumbia Sobre el Rio Suena” live and with an orchestra! He had such a distinct voice and sound. There was no one else like him.

“No Sea Conmigo”

This was his collaboration with Cafe Tacvba. So lovely! We dare you not to dance to this one.

What’s your favorite Celso Piña track? Let us know in the comment section below. Rest in power, Celso!!

READ: This Isn’t Your Mama’s Cumbia: The Eclectic History Of Latin America’s Classic Music Genre

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