End of preview - This article contains approximately 753 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Latin American Economy & Business - November 2013 (ISSN 1741-7430)
Mexico: Is the Pemex workhorse stumbling?
As Mexico debates major reforms to its energy sector, a spotlight has been turned on the state oil company Petróleos Mexicanos (Pemex), traditionally the workhorse of the economy; responsible for much of its foreign exchange earnings and generating as much as 40% of central government revenues. And there is cause for concern – after decades on the job, the workhorse is showing signs of exhaustion.
- Latin America’s logistics challenge
- Mining: Pascua Lama on hold
- Mining in Mexico: Fiscal reform introduces royalty taxes
- Brazil’s banks: Banco do Brasil and Caixa Econômica Federal: reloading the credit cannon
- Argentina: Grupo Clarín forced into break-up
- Brazil: Has Brazil lost the X factor?
- Mexico: Is the Pemex workhorse stumbling?
- Ecuador: Good performance, but trouble ahead?
- Peru: What could go wrong?
- Nicaragua: On the right track, but in the slow lane
- The bears maul MILA markets – but will not do so forever