Correspondent, Mexico
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Jul 11, 2013

Analysis: Contentious oil spill claims set up BP for long legal battle

NEW YORK (Reuters) – Faced with hundreds of damage claims it says are fictitious and inflated, BP must decide whether to dive into a protracted legal battle it had sought to avoid when it settled a class action over the 2010 Gulf of Mexico oil spill.

The British oil giant asked the Fifth U.S. Circuit of Appeals in New Orleans this week to halt the claims. Should its challenge before the three-judge panel fail, BP will face a choice: ask for a hearing by all the court’s judges, appeal to the U.S. Supreme Court, or try picking off individual cases one by one, legal experts say.

Jul 11, 2013

Contentious oil spill claims set up BP for long legal battle

NEW YORK, July 11 (Reuters) – Faced with hundreds of damage
claims it says are fictitious and inflated, BP must decide
whether to dive into a protracted legal battle it had sought to
avoid when it settled a class action over the 2010 Gulf of
Mexico oil spill.

The British oil giant asked the Fifth U.S. Circuit of
Appeals in New Orleans this week to halt the claims. Should its
challenge before the three-judge panel fail, BP will face a
choice: ask for a hearing by all the court’s judges, appeal to
the U.S. Supreme Court, or try picking off individual cases one
by one, legal experts say.

Jul 20, 2012

Mexico state oil firm eyes more freedom with new president

MEXICO CITY (Reuters) – Mexico’s state-owned oil monopoly Pemex usually coughs up all its profits to the government to pay for everything from teachers’ salaries to army barracks, leaving less cash for the company to look for more oil.

Now, after Enrique Pena Nieto of the Institutional Revolutionary Party (PRI) won the July 1 presidential election, industry leaders see a chance to push for more financial autonomy and a lower tax burden for the company.

Jul 10, 2012

Analysis: Mexico ruling party seeks new direction after election debacle

MEXICO CITY (Reuters) – Mexico’s conservative National Action Party made history when it swept to power in 2000, ending 71 years of one-party rule. But it now faces an identity crisis after a punishing presidential election defeat.

Josefina Vazquez Mota, the PAN’s candidate, came in a distant third with just 25.4 percent of the vote on July 1, and the party will have far fewer seats in Congress.

Jul 5, 2012

Final Mexican results confirming Pena Nieto win

MEXICO CITY (Reuters) – Mexico’s Enrique Pena Nieto was a clear victor in Sunday’s presidential election, according to a second tally of votes made after the runner-up refused to accept defeat.

With 97 percent of polling stations counted by Thursday afternoon, Pena Nieto held 38.3 percent of the vote, nearly 7 points ahead of leftist Andres Manuel Lopez Obrador.

Jul 3, 2012

Mexico’s new president will need outgoing party for reforms

MEXICO CITY (Reuters) – Mexico’s opposition Institutional Revolutionary Party, or PRI, won a return to power at the weekend but will have to make deals with its defeated adversaries to push major economic reforms through Congress.

President-elect Enrique Pena Nieto plans to fire up Mexico’s lumbering economy by loosening labor laws, overhauling the weak tax system and opening up state oil monopoly Pemex to more private investment.

Jul 2, 2012

Mexico’s old rulers claim presidential election victory

MEXICO CITY (Reuters) – Mexico’s old rulers claimed victory in a presidential election on Sunday, ending 12 years in opposition after a campaign dominated by a sputtering economy and rampant drug violence.

After pledging to restore order and ramp up economic growth, Enrique Pena Nieto of the Institutional Revolutionary Party (PRI) had a clear lead over his rivals in exit polls and a “quick count” conducted by electoral authorities.

Jul 2, 2012

Mexico’s old rulers claim presidential election win

MEXICO CITY (Reuters) – Mexican opposition candidate Enrique Pena Nieto’s campaign team claimed victory in the country’s presidential election on Sunday after exit polls showed him winning by a comfortable margin.

Pena Nieto, 45, of the Institutional Revolutionary Party (PRI), led by between 8 and 11 percentage points in exit polls published by three of Mexico’s main television networks after voting ended on Sunday night.

Jul 1, 2012

Mexican election could return longtime ruling party to power

MEXICO CITY, Mexico (Reuters) – The party that ruled Mexico for most of the past century looked set for a comeback on Sunday as voters chose a new president, seeking an end to a brutal drug war and weak economic growth that have worn down the ruling conservatives.

Twelve years after the Institutional Revolutionary Party (PRI) lost power, opinion polls showed its candidate, Enrique Pena Nieto, heading into the vote with a double-digit lead over his opponents.

Jun 29, 2012

Mexican election watchdog under pressure in Sunday’s vote

MEXICO CITY (Reuters) – Mexico, a country long synonymous with vote-rigging, is better equipped than ever to prevent fraud in Sunday’s national elections, according to experts, but voters still have grave doubts.

The Federal Electoral Institute (IFE) will oversee the presidential vote that polls suggest will be won by the Institutional Revolutionary Party (PRI), whose frequently tainted elections helped it maintain power from 1929 to 2000.

    • About Mica

      "I cover commodities and general news in Mexico and Central America and as part of the team in Latin America reported on the outbreak of swine flu, a coup in Honduras and the earthquakes in Haiti and Chile. Before Mexico, I was based in Guatemala for two years."
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