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.
Mexico’s presidential front-runner wants state oil monopoly Petroleos Mexicanos (Pemex) to emulate the success of Brazil’s Petrobras and ramp up private-sector involvement that could possibly pave the way for a stock listing in the future.
Argentina is considering applying measures to restrict the import of Mexican cars, which could include unilaterally denouncing the Economic Complementation Agreement (ACE) 55, which regulates bilateral trade, Argentine government sources told local media, ámbito.com.
Pope Benedict at a huge outdoor Mass on Sunday condemned drug trafficking and corruption in Mexico, urging people to put aside violence and revenge in the country where a murderous war between cartels has led to tens of thousands of deaths.
Brazil's government wants Mexico to impose quotas on its own auto exports to the South American nation to ensure the total value does not exceed 1.4 billion dollars over the next three years, the development, industry and foreign trade ministry said.
US and Mexico have agreed to work together to develop deep-water oil and gas fields that straddle their maritime border in the Gulf of Mexico. The deal was signed at a meeting of the G20 group of industrial and developing countries in Los Cabos, Mexico.
Mexican President Felipe Calderon has inaugurated the world's tallest bridge. The 403m tall Baluarte bridge spans a deep ravine in the Sierra Madre Occidental mountains in northern Mexico.
President Felipe Calderon criticized its powerful neighbour, United States during a speech in which he outlined the G20 agenda for the next twelve months, including the summit, which is under the presidency of Mexico.
Americans looking south of the Rio Grande tend to forget, if they ever knew, that Mexico is, according to the U.S. Energy Information Administration, now America's second largest source of imports.
Mexico prevented the entry of late Libyan leader Muammar Gaddafi's son Saadi to the country, authorities said on Wednesday.