Mexican News
The latest news from and about Mexican issues.Monday, May 12, 2008
The Push to Privatize PEMEX.
In These Times, May 12, 2008 - “Halliburton is licking its chops at the prospect of Mexico’s state-owned Petróleos Mexicanos going private. Petróleos Mexicanos, or PEMEX, withstood a tsunami of privatizations of formerly state-owned companies in the late 1980s and ’90s. But now, with pro-business President Felipe Calderón in office, the effort is being revisited — and the Mexican left is coming out en masse to defend the 70-year-old company, a long-time source of national pride and a symbol of Mexican sovereignty.” Read more.
Friday, May 09, 2008
Mexico Starts Talks on Cross-Border Oil, Kessel Says.
Bloomberg, May 8, 2008 [Update 1] - “Mexican Energy Minister Georgina Kessel said Mexico is making diplomatic contacts to ensure it retains its share of oil in cross-border Gulf of Mexico fields. Kessel told Mexican legislators today that the energy reform bill introduced in April by Mexican President Felipe Calderon calls for giving state-run oil company Petroleos Mexicanos the authority to comply with international accords reached by the government concerning cross-border production, exploration and development.” Read more.
Thursday, May 08, 2008
México bajará exportación de crudo a Estados Unidos.
El Universal, April 28, 2008 - “El Departamento de Energía de Estados Unidos recibió notificación de PMI Comercio Internacional en el sentido de que México recortará sus exportaciones de petróleo crudo hacia el mercado estadounidense en 184 mil barriles diarios en promedio a lo largo de 2008, situación que podría extenderse por dos años más. La filial de Pemex encargada de la comercialización de hidrocarburos en el exterior hizo saber al gobierno estadounidense y a sus clientes en ese país que debido a la caída en la producción de petróleo crudo fue necesario ajustar a la baja la plataforma de exportación comprometida durante el año y que de persistir el problema de la producción se podría mantener ajustado el volumen de ventas externas de petróleo crudo hasta 2010.” Read more.
Tuesday, May 06, 2008
The True Price of Gas.
The New Republic, May 6, 2008 - “It could be said that Latin America will come of age politically the day that Pemex, Mexico’s oil behemoth, ceases to be a state monopoly. Until that happens, the psyche of many Latin Americans will be beholden to the mythical notion that government-owned natural resources are the custodians of national identity. That is why President Felipe Calderon’s efforts to open up the oil sector to private investment in Mexico have profound cultural implications.” Read more.
Monday, May 05, 2008
A Primer on Plan Mexico.
Americas Program, May 5, 2008 - “On Oct. 22, 2007 President Bush announced the $1.4 billion dollar ‘Merida Initiative,’ security aid package to Mexico and Central America. The initiative has fatal flaws in its strategy; instead of leading to a stable binational relationship and peaceful border communities, its military approach will escalate drug-related violence and human rights abuses. Mexico and the United States face a joint challenge in decreasing transnational organized crime and they must cooperate to strengthen the rule of law and stop illegal drug and arms trafficking over the border. This misguided policy will result in an inability to achieve its own goals and will waste taxpayers’ money. It will also seriously undermine the U.S.-Mexico relationship and Mexican stability.” Read more.
Thursday, May 01, 2008
Cómo manejar la relación con Estados Unidos
EX Online, May 1, 2008 - “Para campear la descentralización del gobierno federal de Estados Unidos y la negligencia de Washington hacia asuntos mexicanos se han explorado tres caminos en las últimas décadas.” Read more.
Sunday, April 20, 2008
The Not-So-Great Wall of Mexico.
NY Times, April 20, 2008 - “Remember the fence, the one that Congress told Michael Chertoff, head of homeland security, to build on the Mexican border, with the admonition to let no power on earth stop him — no law or statute, no judge or jury? That fence? News reports out of New Mexico and Texas suggest that it may not be all the wall that it was cracked up to be, or hoped for by the hunker-downers in Congress and on talk radio who clamored for it as the first and most important step toward an illegal-alien-free America.” Read more.
Wednesday, April 09, 2008
State oil industry’s future sets off tussle in Mexico
International Herald Tribune, April 8, 2008 - “A bitter debate over what to do about Mexico’s ailing state oil monopoly has dominated national politics here in recent weeks, tapping strong emotions on both sides and resurrecting the political fortunes of the leftist leader who narrowly lost the 2006 presidential election. Revamping the oil company, Petróleos Mexicanos, or Pemex, is perhaps the greatest challenge facing the administration of President Felipe Calderón, a conservative economist who won the disputed 2006 election by a hairbreadth.” Read more.
Monday, April 07, 2008
When US economy hurts, Mexico feels it
Miami Herald, April 7, 2008 - “While Mexico is the Latin American country most vulnerable to the U.S. slowdown, experts say political changes and globalization mean Mexico is more able to weather a downturn than in the past.” Read more.
Tuesday, March 11, 2008
Looming water wars foreshadow big problems.
EarthNews, March 10, 2008 - “Adaptation, or the matter of adjusting to climate change, is sometimes called a cheaper, easier way to deal with some of the consequences of a warming world. But consider the battle between the United States, Mexico and Canada that was triggered here amid the vegetable farms near the California border. For more than 60 years the family of Geronimo Hernandez has raised watermelons, peppers and other crops in the rich, irrigated soil of Mexicali Valley, but within the next five years it could begin to dry up.” Read more.
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