Mexico’s president said an “abusive” ethane supply deal he has pushed to cancel between a consortium backed by Brazilian firm Odebrecht and Mexican state oil firm Pemex had likely cost taxpayers around 15 billion pesos (US$ 683 million).
A corruption scandal shaking Mexico's political elite intensified on Thursday as a leaked document containing a raft of allegations raised pressure on several former presidents and senior officials.
Business ties between former U.S. officials and an ex-Mexican security minister charged with taking bribes from a drug cartel have raised questions about what U.S. law enforcement knew about him before his arrest this month.
The war on drugs launched by outgoing Mexican President Felipe Calderón six years ago has been a ‘failure’ concluded a public opinion poll on public security and law and order, done by the Mexico United against Crime non government organization.
Democracy is in retreat in some Latinamerican countries warned the Mexican president Felipe Calderon in the Russian city of Vladivostok where he attended the APEC summit forum, (Asia-Pacific Economic Cooperation).
Mexico's electoral tribunal officially named Enrique Peña Nieto as president-elect on Friday, ending a drawn-out dispute over the results of the July election.
Mexico’s state oil company Pemex has made a new light crude oil find in the Gulf of Mexico, President Felipe Calderon said on Wednesday, the first such discovery in the country's push to exploit deep water deposits and boost output.
Mexico's presidential front-runner Enrique Peña Nieto has maintained a wide lead over his rivals with less than two weeks remaining until the July 1 election, an opinion poll showed this week.
Brazil and Argentina agreed on Monday “to oppose any financial adjustment plan” and sponsor development and growth policies to face the world crisis, in the framework of the two-day G20 summit taking place in Mexico.
Mexican president Felipe Calderón and G-20 group head, said that Argentina’s plan to seize a majority stake in Repsol’s Argentine branch YPF is “very regrettable” and called on President Cristina Fernandez to reconsider and rectify the decision.