Brookings Institution: "The leading candidate for (the Mexican presidency) from the PRI, former State of Mexico governor, Enrique Peña Nieto, launched a trail balloon in October by telling the Financial Times of London that he would consider allowing private investments into Petróleos Mexicanos, popularly known as PEMEX.
His leading contender for the PRI prize, Senator Manlio Fabio Beltrones is less public in his willingness to consider opening the Mexican oil industry to private investors, but off the record, he has recognized PEMEX burgeoning debt and the opportunity to increase capitalization through private investment. Both suggestions of opening PEMEX to private investment confront well established dogma that Mexican oil remains the domain of the Mexican people; a principle enshrined in Articles 27 and 28 of the Constitution." read more
The MexicoBlog of the Americas Program, a fiscally sponsored program of the Center for Economic and Policy Research (CEPR), is written by Laura Carlsen. I monitor and analyze international press on Mexico, with a focus on security, immigration, human rights and social movements for peace and justice, from a feminist perspective. And sometimes I simply muse.
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