Pemex at crossroads, 75 years after foundation
On Tuesday, March 18, Mexico marked the 75th anniversary of the nationalization of its petroleum industry – possibly the last time this will be done with any degree of pomp and ceremony.
On Tuesday, March 18, Mexico marked the 75th anniversary of the nationalization of its petroleum industry – possibly the last time this will be done with any degree of pomp and ceremony.
All Mexicans aged 65 and over will soon be entitled to a state pension, President Enrique Peña Nieto announced in Guadalajara last week.
Advocates for victims of the disgraced founder of the Legion of Christ, Marcial Maciel, as well as other Mexican priests, have presented a petition asking that Mexican Cardinal Norberto Rivera be excluded from the conclave to choose the next pope.
With the aim of fostering greater competition in the telecommunications sector, the Mexican government unveiled reforms on Monday that would weaken the influence of billionaire Carlos Slim and television giant Televisa.
Mexican telecom tycoon Carlos Slim remains the world’s richest person for the fourth year in a row, according to the latest edition of the Forbes billionaires list.
Less than a week after President Enrique Peña Nieto went on live television to declare that “no one is above the law,” his party blocked reforms to ensure that he remains the one person in Mexico who is still above the law.
The Institutional Revolutionary Party (PRI) took the first step toward opening up state oil monopoly Pemex to limited private investment on Sunday by changing party statutes.
The amount of time it takes to cross the U.S.-Mexican border is set to rise as a result of the spending cuts which came into effect in the United States recently.
Elba Esther Gordillo, the controversial leader of Mexico’s powerful teachers’ union, was arrested on Tuesday and charged with the alleged embezzlement of nearly two billion pesos (154 million dollars) in union funds.