The Mexican government is in essence saying, “Pay for your own wall,” referring to 2016 Presidential Republican primary front-runner Donald Trump’s demand that Mexico pay for the wall he intends to build when he is elected president.
Mexico’s President Enrique Peña Nieto reformed his country’s energy policy and invited outside intelligence and investment to boost slumping oil output. In late 2013, he amended the Constitution to allow private and foreign companies to explore and produce oil and gas in Mexico—for the first time in nearly eight decades. The amendments put an end to the government monopoly. Nieto hopes his reforms will bring in $50 billion in investment by 2018.
The historic offshore oil block auction being conducted by Mexico fell flat as only two of the fourteen offshore oil fields were awarded. Some of the largest oil companies in the world stayed completely away from the auction.
Contents: Greece approves harsh reforms as IMF throws Europe under the bus; Japan’s Shinzo Abe pushes ‘collective defense’ bill for vote; Mexico’s first ‘historic’ attempt to re-privatize oil industry flops
The spectacular escape of the world’s most notorious drug trafficker — Joaquín Guzmán Loera, known as El Chapo — from a Mexican high-security prison is a massive embarrassment for the government of President Enrique Peña Nieto.
Social media and the general conversation both in Mexico and abroad is that Mexican President Peña Nieto is rumored to have prostate cancer. He has already undergone at least three major operations since 2011–the last two within this past year. But as usual, the foreign press says more and speculates considerably more on this delicate matter than the Mexican press.
The United States, within the last two years, has sold nearly $1.5 billion in military equipment to Mexico, including millions of bullets, fleets of Black Hawk helicopters, and thousands of Humvees, reports Stars and Stripes.
The upcoming federal elections in Mexico has resulted in a number of actors, clowns and soccer stars seeking a spot in the arena of Mexico’s political elite. While many pundits already consider Mexican politicians to be buffoons, this latest political move adds a literal sense to the joke.
Mexican ruling party PRI Mayor Javier Garfio Pacheco has issued an apology after comments at a rally suggesting that female domestic employees not keep up with current events because “the news is not that good,” and instead to watch Mexican primetime soap operas, known as telenovelas.
The President of Mexico has announced a plan to allow some foreign customs and immigration agents to carry firearms inside Mexico. This comes as a dramatic change to Mexico’s current policy of prohibiting any foreign nationals from possessing a firearm inside
On Tuesday, Mexican President Enrique Pena Nieto hailed President Barack Obama’s executive amnesty as an “act of justice” and vowed that the Mexican government would help illegal immigrants from Mexico obtain documents like birth certificates without having to travel to
