Bloomberg: Brazil and Mexico are preparing to compete for investments from some of the same oil majors when they hold auctions that are only a week apart at a time the price rout is prompting spending cuts.
Royal Dutch Shell Plc, Statoil ASA and Cnooc Ltd. have registered to compete for the next auctions in both Mexico and Brazil, scheduled for Sept. 30 and Oct. 7, respectively. Mexico has already sweetened terms for producers after the country’s first-ever auction on July 15 only drew bids for two of the 14 blocks for sale. Read more.
The MexicoBlog of the CIP Americas Program monitors and analyzes international press on Mexico with a focus on the US-backed War on Drugs in Mexico and the struggle in Mexico to strengthen the rule of law, justice and protection of human rights. Relevant political developments in both countries are also covered.
Showing posts with label Brazil. Show all posts
Showing posts with label Brazil. Show all posts
Sep 1, 2015
Jan 9, 2012
Drug War: As Brazil Booms, So Do New Drug Routes
New America Media: "SAO PAOLO, Brazil--In this, the financial capital of the largest economy in Latin America, the current economic boom is fast transforming Brazil into the new transport point for the drug trade.
As Mexico’s War on Drugs takes its toll on the organizational structure of the drug cartels straddling the U.S.-Mexico border, the Narcos are shifting their operations closer to the source of the cocaine that fuels the global drug trade. It is no coincidence that the escalated conflict with the drug cartels launched by Mexican President Felipe Calderón, who took office in 2006, has contributed to the new axis emerging in Brazil.
There, as the United Nations Office of Drugs and Crime (UNODC) reports, seizures of illicit drugs in Brazil have climbed 10 fold, from 25 tons in 2005 to more than 260 tons in 2009. (See World Drug Report: 2011.)" read more
As Mexico’s War on Drugs takes its toll on the organizational structure of the drug cartels straddling the U.S.-Mexico border, the Narcos are shifting their operations closer to the source of the cocaine that fuels the global drug trade. It is no coincidence that the escalated conflict with the drug cartels launched by Mexican President Felipe Calderón, who took office in 2006, has contributed to the new axis emerging in Brazil.
There, as the United Nations Office of Drugs and Crime (UNODC) reports, seizures of illicit drugs in Brazil have climbed 10 fold, from 25 tons in 2005 to more than 260 tons in 2009. (See World Drug Report: 2011.)" read more
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