• Glenn Wilson
    65
    Mar 25, 2020:
    • Power outage near La Pípila Underpass Mar 26,
    • Water outage La Lejona I and II wells Mar 26,
    • Register to IMSS from your home,
    • The Lord of the Column arrives in silence,
    • Court Rules to Protect the Natural Preservation Zone,
    • INAH’S Discretion Halted: Casa del Inquisidor,
    • Share Buybacks Are Toast for 2020,
    • Big Cats.

    Most news these days is coronavirus specific, so for more news, see today's Coronavirus Update.

    Peso: 1 USD = 24.24 MXN. 1 CAD = 16.92 MXN.
    Weather: 54F - 90F - 54F; 12C - 32C - 12C; 0%.
    (morning low - daytime high - overnight low; chance of precipitation).
    Peso and weather are static snapshots from early this morning. Click the links for the latest.

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    Local News Sites
    Looking for more news? These are our top local news sites:
    Atención San Miguel | Noticias Con Valor cnn: | News San Miguel (sp).
    Noticias Con Valor (English) | News San Miguel (English).
    See our Links page for many more news sites including English translated versions of Spanish language news sites.
    ~~~~~

    Power outage near La Pípila Underpass Mar 26
    On Thursday, March 26, the energy service derived from # LaObra El Pípila Underpass in # SanMiguelDeLaGente 10:00 a.m. to 3:30 p.m. affecting la Comer, el Pollo Feliz, Pantoja, Nuevo Pantoja and la Lejona 1st and 2nd section.

    We appreciate your understanding.

    Water outage La Lejona I and II wells Mar 26
    IMPORTANT ANNOUNCEMENT:

    # SAPASMA Thursday, March 26 CFE staff you will be doing derivative works of # LaObra El Pípila Underpass from 10:00 to 15:30 hrs, therefore, La Lejona I and II wells will be out of operation.

    We appreciate your understanding.

    Register to IMSS from your home via Internet or by phone
    In these moments of contingency and so that you do not run any risk of contracting the COVID-19 virus, the Mexican Institute of Social Security (IMSS) ensures that you carry out your paperwork to protect yourself and your loved ones. You can do it from your home online or by ...
    Register to IMSS from your home via Internet or by phone (sp).

    The Lord of the Column arrives in silence
    The Sacred image of the Lord of the Column was transferred to San Juan de Dios as it has been since 1823, his arrival in this year 2020 was different, in deep silence, almost secretly.
    The Sacred image of the Lord of the Column was transferred to San Juan de Dios as it has been since 1823, its arrival in this year 2020 was different, in deep silence, almost in secret. He arrived alone, without the Blessed Virgin of Sorrows or Saint John the Evangelist.

    In a press conference, Father Fernando related the following:

    “When a deep silence enveloped everything at 4 in the morning on March 23, the emblematic and processional path of the Lord of the Column began once again to anoint the perfume of his merciful love to all his devotees and other seekers of his ineffable gaze. ...
    The Lord of the Column arrives in silence (sp).

    Court Rules to Protect the Natural Preservation Zone
    Changes made by the city council to the Urban and Ecological Territorial Plan (PMDUOET) has left the Charco del Ingenio Preserve and adjacent zones unprotected. Rodrigo Treviño, spokesperson for the Observatorio Cuidadano, and Mario Hernández, Director of Los Charcos, told Atención that this change could open the door to developments like Capilla de Piedra, or worse.

    Treviño and Hernández said that a lawsuit was filed by these two nonprofit organizations against the changes in the plan published in the State Official Paper? The court ruled that it is the city council’s duty to maintain the territorial integrity of the preservation zone made up of 392 hectares of land (close to 650 acres).

    Hernández and Treviño claim, “in 2017 an initiative (without following the regulations) from then Mayor Ricardo Villarreal allowed several lots to be taken from the protected area and given to developments. The changes in the PMDUOET were added to the final project in 2019.”
    Court Rules to Protect the Natural Preservation Zone.

    INAH’S Discretion Halted: Casa del Inquisidor
    In San Miguel de Allende, demolished walls, modified facades, walls and construction with heights beyond designated norms, excavation up to three meters deep and eight meters wide—are some of the building rules disregarded in the last few years. Many of these transgressions are taking place in the historic center of San Miguel, impacting monuments protected by federal law. In many cases the municipal government has taken no punitive action, either because it can’t do anything or because it has chosen not to act.

    Dirección de Patrimonio y Centro Histórico (Office of Heritage and the Historical Center) is not the only local government agency responsible for the first line of protection of historical buildings. It is also the responsibility of the Federal Government, specifically the Instituto Nacional de Antropología e Historia (National Institute of Anthropology and History)—known as INAH. This federal institution has had to retract an authorization that impacts the Casa del Inquisidor (The Inquisitor’s House) at Aldama 1.

    This building was granted historical monument status by federal decree on June 28, 1982. The protection extended to the owners of the Casa del Inquisidor (represented by the law firm of Hernández and Pérez Salinas), setting a precedent in protecting buildings within the historical center. Local government has not been able to establish such extensive protection or solutions for preservation within the rest of the center of town.
    INAH’S Discretion Halted: Casa del Inquisidor.

    Share Buybacks Are Toast for 2020: Oops, that was the $4.6 Trillion Driver of the Stock-Market-Bubble
    Even after the bottom is perceived to be in, “buybacks may be slow to come back” as companies struggle for cash amid potential government restrictions on buybacks and their dismal public image: S&P Dow Jones Indices. ...

    Since the beginning of 2012, these companies have bought back $4.6 trillion with a T of their own shares. To provide a comparison of how big this T-number really is: It blows past the magnitude of Germany’s annual GDP.

    Share buybacks were considered illegal market manipulation until 1982, when the SEC issued Rule 10b-18 which provided corporations a “safe harbor” to buy back their own shares. The only thing that share buybacks are supposed to accomplish is to manipulate up share prices.
    Share Buybacks Are Toast for 2020: Oops, that was the $4.6 Trillion Driver of the Stock-Market-Bubble.

    Big Cats

    Thanks for reading!

    ~~~~~
    We use google translation, sometimes with some manual editing. How to use Google translations. News sites, Twitter feeds and Facebook pages are on our Links page.

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