When Enrique Pena Nieto ran for president in 2012, opponents nicknamed him the Televisa candidate for what they described as favorable coverage from Mexico’s largest broadcaster. Now as president he’s pushing for more competition that will hurt Grupo Televisa SAB’s revenue growth.
Joaquin “El Chapo” Guzman, the alleged head of the Sinaloa drug cartel, once referred to Chicago as his “home port,” a hub of a narcotics empire he built by filling a power vacuum left by the imprisonment of the city’s gang leaders.
A Mexican opposition party that was key to passing the country’s energy overhaul last year will seek to have the market, not the government, set gasoline prices, said a member of the party on the Senate energy committee.
Mexico’s Congress will take up bills to implement last year’s telecommunications overhaul at the start of its session next week, with legislation to build upon constitutional oil-industry changes set for later in the month, according to two people with knowledge of the plans.
Three years into her home-ownership dream, Martha Orozco has had enough. Stuck in a government- sponsored complex called Parque San Mateo that’s two hours away from her $8,000-a-year job as a hospital secretary in Mexico City, Orozco sees only broken promises and blight all around her.
Mexico’s seven-decade state energy monopoly is one step closer to allowing private oil investment after Senate committees voted in principle to approve a bill that allows output sharing and licenses for outside companies.