AMLO’s impossible promise

“It is quite unlikely that López Obrador will be able to fulfill his commitment to contain gasoline increases below the rate of inflation.” Says an economist MEXICO (September 6, 2020) – More...

Pemex has too much fuel and nowhere to store it

(Bloomberg) — Mexico’s Pemex has too much gasoline and nowhere to store it, potentially racking up significant ship fees as demand wanes because of the fast-spreading coronavirus. A lack of storage capacity More...

Peña Nieto under investigation for graft: WSJ

“Former Mexican president Enrique Peña Nieto is being investigated over a graft scandal at the country’s massive state oil company Pemex”, the Wall Street Journal reported on Wednesday February More...