Televisa linked to FIFA investigation: Televisa, the Mexican media conglomerate controlled by the Azcárraga family, could be involved in the ongoing scandal affecting FIFA, the international football federation. US prosecutors have claimed that an unnamed affiliate of a major broadcasting company headquartered in Latin America helped to pay millions of dollars in bribes to obtain the rights to broadcast the next four World Cup tournaments in Argentina, Paraguay and Uruguay. The Reuters news agency said it had been able to identify the affiliate as Mountrigi Management Group Ltd, a Swiss company controlled by Televisa. It said that Swiss company registrations…
The results of the fourth Round 1 oil and gas licence auction, announced on 5 December, have been widely hailed as an important success story for Mexico, with eight of 10 deep water exploration blocks snapped up by oil and gas ‘super majors’ including Chevron, ExxonMobil, Total and BP. This highlights the question of how Mexico’s landmark energy reform, introduced by President Enrique Peña Nieto over an intense 18-month period in 2013-2014, should now be perceived. In the last three years, it has been both hyped and celebrated, and cursed as an abject failure. Now, it appears, it is beginning…
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