Mexican President Andres Manuel Lopez Obrador said on Tuesday that widespread fuel theft extended to oil drilling platforms and he pledged to take actions to alleviate shortages sparked by his crackdown on gasoline thieves.
Premier Oil has taken advantage of its second consecutive year of record oil production to make larger than expected cuts into its still-significant debts. The London-listed oil and gas developer, with interests in the Falkland Islands, expects its financial results to reveal end-of-year debts of US$2.3 billion, after removing US$390 million from the total following a sharp rise in oil output.
Gasoline shortages in Mexico sparked by a crackdown on fuel theft prompted warnings from business leaders that industries like car making will suffer if the shortfalls persist as lines at gas stations in the capital grew during the week.
President Donald Trump warned of murderers and gangsters spreading across the country during a visit to the US-Mexican border on Thursday to push his demand for a multi-billion dollar wall. Trump used the backdrop of the Rio Grande border river at McAllen, Texas, to ramp up what has already turned into a hugely messy political fight with Democratic opponents, resulting in the shutdown of swaths of the US government.
United States president Donald Trump has demanded funding for his long-promised US-Mexico border wall to halt “a growing humanitarian and security crisis”. But in his first TV address to the nation from the Oval Office, Mr Trump did not declare a national emergency to bypass Congress and build the barrier.
Mexico’s new government on Friday called on its peers to refrain from interfering in Venezuela’s internal affairs, declining to back a regional declaration that urged Venezuelan President Nicolas Maduro not to take office on Jan. 10.
The Mexican House of Deputies Monday gave its final green light to the spending law bill - that is one week before the legal deadline - with funds relocated from autonomous bodies to sensitive areas such as agriculture, environment and public universities, it was announced.
A plan from the United States to fund several undertakings in Mexico and Central America to create jobs and discourage migration was announced Tuesday by Mexican Foreign Secretary Marcelo Ebrard.
Mexico’s new government avoided major surprises in its closely watched first budget, sticking to promises made to investors who have been jittery about plans for Latin America’s No. 2 economy.
The United States won a legal battle over “dolphin safe” tuna-labeling on Friday, when the World Trade Organization’s appeals judges dismissed Mexico’s argument that the U.S. labeling rules violated WTO rules