When oil executives arrive in Rio de Janeiro this week for Brazil’s biennial Offshore Technology Conference, they will find themselves in Latin America’s most promising market for Big Oil by far. This signals a dramatic change from only a year ago.
Mexican President Andres Manuel Lopez Obrador took office in December promising to reduce public spending to free up more resources for the poor. But his austerity drive has left media outlets reeling, and raised questions about whether Lopez Obrador is trying to influence coverage.
Mexico sent in special forces troops to patrol a northern city in the wake of a cartel assault that freed Joaquin “El Chapo” Guzman’s son in a hail of bullets and also won a U.S. promise to help stop gun-smuggling at their shared border.
Mexico's President Andrés Manuel López Obrador struggled on Friday to explain his government's capitulation to organized crime after Mexican authorities buckled in the face of an armed campaign of terror and released drug kingpin Ovidio Guzmán López just hours after capturing him.
The leader of a U.S. congressional delegation to Mexico said that Mexico must take more concrete steps to implement its labor reform, after a trip aimed at speeding up ratification of the new North American free trade deal.
Mexican President Andres Manuel Lopez Obrador said that his government is not seeking to take control of the Zama oilfield discovery, which is currently operated by a private consortium led by U.S.-based Talos Energy. The statement follows on a report from Reuters earlier in the week saying that Mexico’s national oil company, Pemex, wants to take control of Zama from Talos.
Mexican President Andres Manuel Lopez Obrador said the public should have the right to choose whether ex-presidents should face trial once a bill has passed Congress making it easier to hold referendums.
A scheme to create 20,000 jobs in Honduras has been agreed between the country's president and Mexico's leader in an attempt to stem the flow of migrants toward the United States.
Murders in Mexico jumped in the first half of the year to the highest on record, according to official data, underscoring the vast challenges President Andres Manuel Lopez Obrador faces in reducing violence in the cartel-ravaged country.
Mexican President Andres Manuel Lopez Obrador said on Wednesday that the sale of the former presidential jet and other aircraft from the last government would help fund efforts to curb migration under a deal struck last week with Washington.