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.
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.
MEXICO CITY (Reuters) – Mexico’s most wanted man, drugs kingpin Joaquin “Shorty” Guzman, was captured early on Saturday with help from U.S. agencies in a major victory for the government in a long, brutal drugs war.
Guzman, known as “El Chapo” (Shorty) in Spanish, has long run Mexico’s infamous Sinaloa Cartel and over the past decade emerged as one of the world’s most powerful organized crime bosses.
BUENAVISTA, Mexico (Reuters) – Clutching shotguns, rifles and battered submachine guns, dozens of vigilantes prepare to head out on patrol in this rugged corner of restive western Mexico, where they are at war with a drug cartel.
The motley crew of renegades organize themselves into a neat line of pick-ups and luxury SUVs by the side of the road in the hamlet of Buenavista. Moments later, an armored convoy of federal police passes by.
NUEVA ITALIA, Mexico (Reuters) – His AK-47 tossed onto a pristine leather sofa in the plush lair of a leader of one of Mexico’s most feared drug cartels, vigilante fighter “El Love” says he is longing for an end to a grinding cycle of extortion and murder.
Channel-surfing on a plasma TV abandoned by the drug lord fleeing a revolt by farmers fed up with organized crime, the 43-year-old El Love has taken charge of the property, symbolizing a victory over the Caballeros Templarios, or Knights Templar.
APATZINGAN, Mexico (Reuters) – Mexico will deliver “immediate change” to a troubled state in the west of the country that has been shaken by conflict between a powerful drug gang and heavily armed vigilantes, a newly named government official said on Thursday.
The government this week stepped up efforts to restore order in the impoverished, agricultural state of Michoacan, where violence has stained the security record of President Enrique Pena Nieto, who took office at the end of 2012.
LA RUANA, Mexico (Reuters) – A vigilante leader in a Mexican state torn by violence said on Wednesday it would be better to kill the heads of the region’s dominant drug cartel than arrest them, and rejected a government order to disarm.
Vigilantes have been battling the Knights Templar cartel in the western state of Michoacan for almost a year, creating a major security problem for President Enrique Pena Nieto.
NUEVA ITALIA, Mexico (Reuters) – Vigilante groups battling a powerful drug cartel in a troubled region of Mexico on Tuesday rejected a government call to lay down their arms, raising the risk of an increased security headache for President Enrique Pena Nieto.
On Monday, Mexico’s Interior Ministry ordered the heavily armed vigilantes to cease fighting the Knights Templar gang in the western state of Michoacan, where violent confrontations have converged on the city of Apatzingan in the last few days.
MEXICO CITY (Reuters) – A year ago, President Enrique Pena Nieto took office vowing a root-and-branch reform of Mexico’s economy even though he had no majority in Congress and faced accusations from the main opposition parties that he stole the election.
He has since passed a major education overhaul, shaken up oversight of the telecommunications market, pushed through reforms of the tax system and banking rules and put an end to Mexico’s 75-year-old oil and gas monopoly.
MEXICO CITY (Reuters) – Lawmakers from Mexico’s ruling centrist party and opposition conservatives have reached agreement in principle on a draft energy bill that includes contracts ranging from profit-sharing and risk-sharing to licenses, a top lawmaker told Reuters on Saturday.
The bill, which would allow private investors to drill for the country’s oil, keeps ownership of crude in state hands, lawmakers told Reuters, and stops short of full-blown concessions that oil majors had been hoping for.