Mexico’s Oil Reforms Set To Trigger Biggest Economic Boom In 100 Years – Forbes

Mexico has one of the world’s most notoriously closed-off oil industries. The Mexican constitution makes it illegal for anyone but the state oil monopoly Petroleos Mexicanos (Pemex) to even own a barrel of oil. If you’re a farmer in Mexico and oil is discovered underneath your land, not one drop of the black gold is yours — it belongs to the state, to the people. As a result, Pemex is the only game in town. There are no private companies operating oilfields in Mexico, no risk-based production sharing contracts or joint ventures with any international oil companies. This could not...

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Jose De La Isla: U.S. should update perceptions, Mexico’s ambassador says » Abilene Reporter-News

When Mexico’s new ambassador to the United States was introduced at a National Press Club luncheon last month, the host quipped that he’d feared no one would show up on a Friday the 13th. But Eduardo Medina-Mora drew a standing-room-only crowd of U.S. and Mexican journalists.Medina-Mora told the crowd that the United States’ perception of his country needs a makeover. Too much of Mexico’s portrayal in the United States is mistaken, misleading and — he seemed to infer — damaging.He singled out New York Times columnist Tom Friedman for characterizing Mexico, in a February column, as a blend of...

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The Mind-Blowing Fact About Immigration No One Mentions

With all the hype about border security, it’s easy to overlook obvious facts about immigration. Here’s one that should receive more attention when discussing whether it’s necessary and practical to triple the size of the Border Patrol and build a double-layer fence across the entire U.S.-Mexico border.More Americans have moved to Mexico in recent years than vice versa, according to government data cited in a New York Times feature by Damien Cave published over the weekend.via The Mind-Blowing Fact About Immigration No One...

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Mexico’s New Drug War: Catch and Release? : The New Yorker

One morning earlier this summer, on a dirt road outside the border city of Nuevo Laredo, Mexican authorities stopped a pickup truck carrying Miguel Angel Treviño Morales, the legendarily sadistic leader of Los Zetas, an ultraviolent criminal organization that has become one of the dominant players in Mexico’s drug trade. The origin story of the Zetas is telling: the first members were defectors from Mexico’s élite special forces, who traded allegiances in the drug war and went into business with the cartels. With the destructive imagination of a serial killer, Treviño Morales, who was known as Z-40, presided over...

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