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Jul 25, 2013

Mexico to rewrite ‘sacred’ text in long-awaited energy reform

MEXICO CITY, July 25 (Reuters) – How far Mexico goes to
overhaul its oil industry this year hinges largely on a single
sentence in the constitution that has stood as a bulwark against
private capital for more than 50 years.

Article 27 of the constitution bans the government from
granting private sector concessions for oil or gas, making their
exploitation the sole preserve of the Mexican state.

Jul 16, 2013

Analysis: Drug kingpin’s capture spurs hope Mexico can subdue violent cartels

MEXICO CITY (Reuters) – The dramatic capture of the boss of the Zetas drug cartel provides fresh evidence that Mexican authorities are starting to win their protracted fight against a gang that has done more than any other to stain the country’s name with its brutality.

But even with Miguel Angel Trevino now in custody, Mexican President Enrique Pena Nieto still has the difficult task of taming other cartels even as he creates a new militarized police force to take over the fight waged for years by the military.

Jul 16, 2013

Mexico captures leader of brutal Zetas drug cartel

MEXICO CITY (Reuters) – The Mexican government said on Monday it captured the violent leader of the Zetas drug cartel in an early-morning raid, marking the biggest victory for President Enrique Pena Nieto in his fight against gang-led bloodshed.

Marines arrested Miguel Angel Trevino after intercepting his pick-up truck with a helicopter a few miles (km) from his home town of Nuevo Laredo on the U.S. border, government spokesman Eduardo Sanchez told reporters.

Jul 8, 2013

Mexico opposition wins key state vote, boosting reform outlook

MEXICO CITY (Reuters) – Mexican President Enrique Pena Nieto’s economic agenda looked to be on surer footing after local elections on Sunday yielded results that favor a cross-party pact he forged to push reforms through Congress.

The conservative National Action Party (PAN) won a tight race for governor in its stronghold of Baja California, according to preliminary results on Monday.

Jul 8, 2013

Mexico opposition leads in Baja California, boosting reform pact

MEXICO CITY (Reuters) – Mexico’s opposition conservatives were heading for victory in a regional election early on Monday, likely bolstering a fragile national cross-party pact forged to broker economic reforms.

Nearly half of Mexico’s 31 states held elections on Sunday for a mix of local parliaments and municipal governments, but the focus was on the race for governor in Baja California, a stronghold of the conservative National Action Party (PAN).

Jul 8, 2013

Mexico opposition heads for state election win, boosting reform pact

MEXICO CITY, July 8 (Reuters) – Mexico’s opposition
conservatives were heading for victory in a regional election
early on Monday, likely bolstering a fragile national
cross-party pact forged to broker economic reforms.

Nearly half of Mexico’s 31 states held elections on Sunday
for a mix of local parliaments and municipal governments, but
the focus was on the race for governor in Baja California, a
stronghold of the conservative National Action Party (PAN).

Jul 8, 2013

Mexico opposition headed for election win, boosting reform drive

MEXICO CITY, July 8 (Reuters) – Mexico’s opposition
conservatives were heading for victory in a regional election
early on Monday, leaving a fragile national pact forged to
broker economic reforms looking slightly stronger.

Nearly half of Mexico’s 31 states held elections for a mix
of local parliaments and municipal governments, but all eyes
were on the race for governor in the state of Baja California, a
stronghold of the conservative National Action Party (PAN).

Jul 8, 2013

Mexico reform drive at stake in elections, key state disputed

MEXICO CITY (Reuters) – Mexican President Enrique Pena Nieto’s plans for economic reform hung in the balance on Sunday, with his party and the conservative opposition claiming victory in a state election that could shake a fragile cross-party alliance in Congress.

Nearly half of Mexico’s 31 states held elections for a mix of local parliaments and municipal governments, but all eyes were on the race for governor in the state of Baja California, a stronghold of the conservative National Action Party (PAN).

Jul 5, 2013

Mexico oil reform must lure foreign capital-senior conservative

MEXICO CITY, July 4 (Reuters) – Mexico’s planned overhaul of
oil monopoly Pemex should allow foreign firms a bigger role in
crude production, but the nation’s energy riches must remain in
state hands, a senior conservative lawmaker said on Thursday.

The opposition conservative National Action Party (PAN) has
spent years pushing for a shake-up of Pemex and is seen as a
natural ally for President Enrique Pena Nieto in his bid to find
more capital to reverse Mexico’s flagging oil output.

Jul 4, 2013

Mexican reforms hostage to opposition in local elections

MEXICO CITY (Reuters) – A year after winning the Mexican presidency, Enrique Pena Nieto needs a solid performance by the opposition in state elections on Sunday to keep alive a fragile alliance he built to steer reforms through Congress.

Falling short of a majority when he won, Pena Nieto crafted an informal coalition with the opposition to help realize his economic vision, two key parts of which – opening up state oil giant Pemex to private capital and boosting the tax take – he is planning to send to Congress by September.