Mexico’s Cancelled $13-Billion Zombie-Airport Refuses to Die by Nick Corbishley • Nov 13, 2019 • 40 Comments The people voted to scrap the project that was one-third finished, $4 billion over budget, mired in allegations of corruption, and built on an unstable lake-bed. But it has a life of its own.
Hit by Epic Construction Downturn, Mexico Faces Reality: New President Tries to Get Folks to Play by the Rules, and Everything Stalls by Nick Corbishley • Jul 28, 2019 • 42 Comments Construction industry has worst month since 2006, fourth month in a row of declines.
Whiff of Panic After Mexico Voted to Scrap Mega-Airport & Corruption Project by Don Quijones • Oct 29, 2018 • 37 Comments Now everything is up in the air, so to speak.
What to Do with $13-Bn Airport Project Steeped in Corruption & Cost Overruns? Reality Check for Mexico’s President-Elect by Don Quijones • Sep 8, 2018 • 35 Comments A classic lose-lose scenario for taxpayers that’s making the world’s richest even richer.
Business Elite, Banks Panic after Presidential Front-Runner Threatens to Scupper Mexico’s Largest Infrastructure Project by Don Quijones • Apr 21, 2018 • 43 Comments A project of “mind-watering” magnitude in money and corruption.
Big-Oil Sinkhole of Debt & Corruption Gets Taxpayer Bailout. Wall Street Thrilled by Don Quijones • Apr 16, 2016 • 20 Comments Feeding a New Round of Plunder at Pemex.