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Mexico & Nafta - August 2016 (ISSN 1741-444X)
Fuel price increase irks all sides
Weak international oil prices and falling output at state-owned oil firm, Pemex, have been one of the main drags on Mexico’s economy, forcing both the company and the federal government to make sizeable budget cuts. Recent government efforts to temper things for Pemex, including a US$1.4bn cash injection and, latterly, domestic fuel price increases, have achieved little, apart from annoying Mexican consumers.
- Mexico combats “social cancer” of corruption
- Proposed new education model fails to convince
- Fentanyl trafficking comes into focus
- First contraction in three years
- Fuel price increase irks all sides
- Financing needs in 2017
- Building new bridges with South America
- Peña Nieto pays one last visit to Obama before he leaves the presidency