Tag: Enrique Peña Nieto

• Tuesday, July 1st 2014 - 23:16 UTC

  Could gang violence end Mexico's shale dream?

  

  Violence in Mexico could thwart hopes of a budding shale boom, as oil and gas companies operating in Texas may think twice about moving south of the border.
  Mexico holds an estimated 545 trillion cubic feet of technically recoverable shale gas and 13 billion barrels of shale oil, but progress in developing those resources has been slow.

• Saturday, June 21st 2014 - 08:35 UTC

  Bachelet proposes meeting of Mercosur and Pacific Alliance leaders

  

  Chilean President Michelle Bachelet on Friday proposed a September gathering between officials and business leaders from Mercosur and the Pacific Alliance in hopes of creating a tie-up between the two Latin American trade groups.

• Wednesday, June 4th 2014 - 08:58 UTC

  Mexico's Pemex sells its majority stake in Repsol over management disputes

  

  Mexico's state-owned oil giant Pemex has sold the majority of its stake in Spanish energy firm Repsol for approximately 2.2bn Euros with the intervention of Citigroup and Deutsche Bank. Pemex has been a shareholder in Repsol for more than 25 years.

• Thursday, February 20th 2014 - 04:11 UTC

  North American partners meet to celebrate NAFTA 20 years, but the agenda has many frictions

  

  US President Barack Obama joined the Mexican and Canadian leaders Wednesday for a North American summit focused on trade but marked by friction between the “three amigos”. Mexican President Enrique Peña Nieto shook hands with Obama in an ornate state government palace in Toluca, near Mexico City, for private one-on-one talks before Prime Minister Stephen Harper joined them later.

• Wednesday, February 5th 2014 - 08:54 UTC

  Pacific Alliance summit will remove tariffs from 92% of goods and services

  

  The four presidents of the Pacific Alliance are scheduled to sign next Monday the trade group's Additional Protocol which will remove tariffs on 92% of goods and services, effective immediately, announced Colombian president Juan Manuel Santos who will be hosting the summit in Cartagena.

• Thursday, October 31st 2013 - 18:39 UTC

  A Pope, two presidents, a businessman and a drug baron, the Latin-Americans that made it to Forbes list

  

  Pope Francis ranks as the fourth most powerful person in the world and the most powerful Latin-American, according to Forbes’ annual Most Powerful in the World List which this year had Russian President Vladimir Putin ranked number one ahead of President Barack Obama and the General Secretary of the Communist Party of China Xi Jinping, number three.

• Wednesday, August 14th 2013 - 03:06 UTC

  Mexico to open state-run oil industry to private sector ending 75-year constitutional ban

  

  Mexican President Enrique Peña Nieto is making the most daring gamble of his 8-month-old presidency with a proposal to lift a 75 year-old ban on private companies investing in the state-run oil industry, a cornerstone of Mexico’s national pride that’s seen production plummet in recent decades.

• Saturday, August 3rd 2013 - 02:17 UTC

  Mexican government prepares sweeping reform for the energy sector

  

  Mexican President Enrique Peña Nieto has announced a sweeping energy reform, which is expected to include constitutional changes to lure private investment and boost output, will be presented to Congress next week

• Wednesday, July 31st 2013 - 05:49 UTC

  In Mexico, Latam second largest economy over half the are catalogued as poor

  

  Poverty in Mexico, including extreme cases, decreased slightly between 2010 and 2012, reported the National Council for Evaluation of Social Development Policy. Official stats show that poverty in Mexico, Latam’ second largest economy went from 46.1% of the population in 2010 to 45.5% in 2012, while extreme poverty fell from 11.3% to 9.8%.

• Friday, June 7th 2013 - 08:03 UTC

  Mexico and China leave behind mistrust and agree on strategic partnership

  

  Leaving behind an atmosphere of mistrust, China and Mexico agreed this week to upgrade bilateral ties to comprehensive strategic partnership, and thus opening broad prospects for economic and trade cooperation between the two countries.