Eight months after constitutional amendments were introduced to reform Mexico’s oil and gas, and electricity sectors, Mexican President Enrique Pena Nieto took a historic step and signed energy reform bills passed by the Congress of the Union into law.
This week the leaders of the three NAFTA nations are meeting in Mexico for an opportunity to tune up NAFTA and repair some points of political contention between “Los Tres Amigos.” Much of the media reporting on the meeting has taken a negative approach to the gathering, pointing out points of contention between the three friends. […]
One of the best times to invest in Latin America has been over the last few short years following the 2008 financial crisis. Investments in countries like Brazil and Mexico are at some of their highest rates in modern history. Despite this growth trend, some old investment problems still exist, combined with a new investment […]
Brazil’s economy has slowed over the last year, but Brazil is still one of the strongest BRICS nations and is still considered in a virtual boom phase by many investors, even if the numbers do not accord with the zeal many have for a growing Brazil. One of the main goals of many BRICS nations […]
This blog regularly focuses on the foreign policy reverberations of the U.S. energy boom. As discussed in earlier posts (here and here), these include the gradual paring back of U.S. strategic commitments in the Persian Gulf*, the diminution of Russia’s great power aspirations**, as well as a boost to America’s soft-power prospects and global standing. But […]
President Enrique Peña Nieto has mounted an assault against Mexico’s entrenched monopolies over the past two months. He first took on the teachers union, then the telecoms, explaining his aim was to “transform the country, not just to run it.” Where’s this going? As noted by the Financial Times, the reform offensive “could ultimately even shake up […]
Recently, the general gloom about Mexico has been replaced by a bit of positive reportage. Mexico’s economy grew faster than Brazil’s last year, and it is set to do so again in 2012. Largely, that’s because NAFTA is once again paying dividends for Mexico. Higher wages in China and volatile transport costs have made Mexico the […]