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Mar 14, 2013

Mexican telecoms reform opens door to all players: official

MEXICO CITY (Reuters) – The Mexican government’s planned overhaul of its phone and television markets opens up the field to all players, one of the architects of revamp said on Wednesday, which could offer telecoms tycoon Carlos Slim a way into the local TV business.

The telecoms reform bill, presented by President Enrique Pena Nieto on Monday, could end broadcaster Televisa’s rule of the airwaves and Slim’s stranglehold on the phone business.

Mar 12, 2013

Mexico’s planned telecoms shake-up threatens Slim, Televisa

MEXICO CITY (Reuters) – Mexico’s government has threatened the country’s telecommunications giants with forced asset sales, unveiling a plan to loosen billionaire Carlos Slim’s hold on the telephone market and curb broadcaster Televisa’s dominance of the airwaves.

The long-awaited plan seeks to shake up the telecoms sector by allowing increased foreign ownership of media and phone companies, and giving regulators the power to force asset sales by players controlling more than 50 percent of the market.

Mar 11, 2013

Mexico telecoms bill will put pressure on Slim, Televisa

MEXICO CITY, March 11 (Reuters) – Mexico’s government
presented on Monday a major reform bill that aims to loosen
billionaire Carlos Slim’s hold on the telecommunications market
and curb top broadcaster Televisa’s rule of the airwaves.

The long-awaited reform could shake up Mexico’s stagnant
telecom market by allowing increased foreign ownership of media
and phone companies in Mexico and give regulators the power to
force incumbent players to sell assets.

Mar 6, 2013

Mexico’s “game-changing” telecom reform due in days: party leader

MEXICO CITY (Reuters) – Mexico’s phone and television markets, long dominated by Carlos Slim and his rivals, are facing a game-changing shakeup that could be announced in days, according to one of the political leaders tasked with drafting the reform.

“This (reform) changes the whole board game,” Gustavo Madero, chairman of the conservative opposition National Action Party (PAN), told Reuters in an interview.

Mar 5, 2013

Mexico wants U.S. ties to focus on economy, education, not drugs

MEXICO CITY (Reuters) – Mexico must give greater priority to economic cooperation and education in relations with the United States rather than allowing the fight against organized crime to take center stage, a senior Mexican official said on Monday.

Mexico has spent the past six years locked in a bloody fight with powerful drug cartels whose killings, kidnappings and extortion have marred the country’s image, particularly in the United States, where it ships nearly 80 percent of its exports.

Feb 27, 2013

Mexican union boss arrest sounds warning to reform foes

MEXICO CITY (Reuters) – The arrest of Mexico’s best-known trade union leader on fraud charges has thrown down the gauntlet to powerful interests standing between President Enrique Pena Nieto and his plans to shake up Latin America’s second-biggest economy.

For a generation, even presidents shied away from taking on teachers’ union boss Elba Esther Gordillo, making her Mexico’s most prominent female politician and a formidable enemy to those who accused her of fostering corruption rather than education.

Feb 27, 2013

Analysis: Mexican union boss arrest sounds warning to reform foes

MEXICO CITY (Reuters) – The arrest of Mexico’s best-known trade union leader on fraud charges has thrown down the gauntlet to powerful interests standing between President Enrique Pena Nieto and his plans to shake up Latin America’s second-biggest economy.

For a generation, even presidents shied away from taking on teachers’ union boss Elba Esther Gordillo, making her Mexico’s most prominent female politician and a formidable enemy to those who accused her of fostering corruption rather than education.

Feb 11, 2013

Our turn next for pope, say Latin Americans

MEXICO CITY, Feb 11 (Reuters) – Latin America senses an
opportunity to break Europe’s grip on the papacy as Pope
Benedict’s decision on Monday to step down stirs hopes the
world’s biggest Roman Catholic bloc may finally get to lead the
Church.

Home to 42 percent of the world’s 1.2 billion Catholics,
Latin America far outweighs Europe’s 25 percent, although the
Church has for years been losing ground to Protestant and
evangelical rivals across the region.

Feb 4, 2013

Three decades on, survivors of worst Pemex blast still want answers

SAN JUAN IXHUATEPEC, Mexico, Feb 4 (Reuters) – As Mexico
waits for news of what caused a deadly blast at the headquarters
of state oil giant Pemex last week, survivors of the worst
explosion in the company’s history three decades ago still
wonder what exactly happened then and what became of their
friends.

On Nov. 19, 1984, a liquid petroleum gas (LPG) plant blew up
in this town on the northern edge of Mexico City, consuming
hundreds of people in a firestorm so powerful the sky could be
seen glowing red at the other end of the capital.

Feb 1, 2013

Mexico Pemex blast death toll rises to 32, cause unclear

MEXICO CITY, Feb 1 (Reuters) – The death toll from an
explosion at the Mexico City headquarters of Mexican state oil
company Pemex has risen to 32, but the cause of the incident is
still unclear, the company said on Friday.

Scenes of confusion and chaos after the explosion at the
downtown tower, which also injured more than 100, dealt another
blow to Pemex’s image as Mexico’s new president courts outside
investment for the 75-year-old monopoly.