Dave's Feed
Mar 20, 2014

Mexico bill to curb Slim’s empire due this week: lawmaker

MEXICO CITY (Reuters) – Mexico will send legislation to Congress this week to flesh out a reform that seeks to curb the power of telecoms mogul Carlos Slim and the country’s top broadcaster, Televisa, a senior lawmaker said on Wednesday.

Slim and Televisa have dominated their industries in Mexico for years, and one aim of the shake-up is to cut their share of the market to below 50 percent.

Mar 10, 2014

Mexico says kills drug kingpin reported dead years ago

MEXICO CITY (Reuters) – A Mexican drug lord who had been falsely reported dead more than three years ago was killed in a shootout with federal forces in western Mexico early on Sunday, the government said.

Nazario Moreno led a powerful criminal gang that has ravaged the western state of Michoacan, and was known as “El Mas Loco,” or “The Craziest One.” He had been reported killed by the government in a firefight in December 2010, but his body was never recovered and he was widely believed to be still alive.

Mar 10, 2014

Mexico kills drug kingpin reported dead years ago: official

MEXICO CITY (Reuters) – A Mexican drug lord who had been reported dead more than three years ago was killed in a shootout with federal forces in western Mexico early on Sunday, a government official said.

Nazario Moreno led a powerful criminal gang that has ravaged the western state of Michoacan, and was known as “El Mas Loco,” or “The Craziest One.”

Mar 9, 2014

‘Dead’ Mexico drug kingpin likely killed in shootout: official

MEXICO CITY (Reuters) – A Mexican drug lord who had been reported dead more than three years ago was likely killed in a shootout with federal forces in western Mexico early on Sunday, a government official said.

Nazario Moreno, a leader of a powerful criminal gang that has ravaged the western state of Michoacan, had been reported killed by the government in a firefight in December 2010. But his body was never recovered and he was widely believed to still be alive.

Feb 28, 2014

Mexican telecoms bill to raise pressure on Slim: draft

MEXICO CITY (Reuters) – Mexico will give its new telecoms regulator sweeping powers to police dominant telecommunications companies, right down to their prices and discounts, according to a draft bill that fleshes out a constitutional reform passed last year.

The spearhead of efforts to curb the power of telecoms mogul Carlos Slim, the Federal Institute for Telecommunications (IFT) will be able to force phone companies to seek approval every year for interconnection and infrastructure-sharing terms, according to a draft of the legislation obtained by Reuters.

Feb 27, 2014

Mexico telco regulator can police dominant firms: drafts

MEXICO CITY (Reuters) – Mexico will give its new telecommunications regulator sweeping powers to police dominant telecommunications companies and TV broadcasters, right down to their prices and discounts, a draft of laws that flesh out a landmark reform passed last year show.

The regulator, IFT, will have sweeping powers to order companies to sell assets, revoke concessions and share networks and infrastructure.

Feb 23, 2014

Mexico kingpin’s arrest a victory that may fuel violence

MEXICO CITY (Reuters) – Mexico’s government scored a huge victory with the capture of the country’s most wanted drug lord but the cartels will remain a powerful force and could unleash a fresh wave of violence as they fight for control of his turf.

In a lightning raid early on Saturday, Mexican marines arrested Joaquin Guzman, whose dominance of the drugs trade and ability to elude the law since escaping from prison in 2001 had lent him almost mythical status.

Feb 22, 2014

Captured drug lord ‘Shorty’ Guzman a cunning, brutal businessman

MEXICO CITY (Reuters) – Joaquin “Shorty” Guzman, the world’s most wanted drugs lord, fought his way up from a ramshackle mountain village to become the Mexican government’s most powerful adversary in a war that has claimed tens of thousands of lives.

Guzman, who was captured early on Saturday in his native northwestern state of Sinaloa after a months-long operation, gained power by crushing rivals in brutal turf wars and dominated drug smuggling across the border into the Uited States after escaping from a high-security prison in 2001.

Feb 22, 2014

Profile – Captured drug lord ‘Chapo’ Guzman a cunning and brutal businessman

MEXICO CITY (Reuters) – Joaquin “Shorty” Guzman, the world’s most wanted drugs lord, fought his way up from a ramshackle mountain village to become the Mexican government’s most powerful adversary in a war that has claimed tens of thousands of lives.

Guzman, who U.S. and Mexican security sources said on Saturday was captured in Mexico, gained power by crushing rivals in brutal turf wars and dominated drug smuggling across the border into the United States after escaping from a high-security prison in 2001.

Feb 22, 2014

Captured drug lord “Chapo” Guzman a cunning and brutal businessman

MEXICO CITY (Reuters) – Joaquin “Shorty” Guzman, the world’s most wanted drugs lord, fought his way up from a ramshackle mountain village to become the Mexican government’s most powerful adversary in a war that has claimed tens of thousands of lives.

Guzman, who U.S. and Mexican security sources said on Saturday was captured in Mexico, gained power by crushing rivals in brutal turf wars and dominated drug smuggling across the border into the United States after escaping from a high-security prison in 2001.