MEXICO CITY Mexico's freight transport association expects a contingency plan aimed at speeding up gasoline distribution that began over the weekend to help ease bottlenecks at terminals, where fuel inventories have been accumulating in recent weeks.
MEXICO CITY The mood at Latin America's largest wholesale market, the Central de Abastos in Mexico City, has morphed from typically cacophonous and bustling to cloudy and anxious as deliveries and sales grow sluggish amid a days-long fuel shortage.
MEXICO CITY Mexicans faced with a fuel shortage are turning to bikes and scooters, generating business for startups that rent those alternative rides, but straining operations for ride-hailing service Uber in some cities.
MEXICO CITY Gasoline shortages in Mexico sparked by a crackdown on fuel theft prompted warnings from business leaders that industries like carmaking will suffer if the shortfalls persist as lines at gas stations in the capital grew on Wednesday. | Video
MEXICO CITY, Jan 9 Gasoline shortages in Mexico
sparked by a government crackdown on fuel theft prompted
warnings from business leaders that industries like carmaking
will suffer if the problem persists, while lines at gas stations
grew in the capital on Wednesday.
MEXICO CITY Mexican President Andres Manuel Lopez Obrador on Monday defended deep cuts to several ministries' budgets, saying savings investors described as prudent were made by trimming wasteful expenditure to allow extra cash for welfare and infrastructure.
MEXICO CITY Mexico does not plan to improve a Dec. 11 offer to repurchase bonds issued to fund a partly-built airport that the president is cancelling, the finance ministry said on Sunday, rejecting the complaints of a group of investors seeking a better deal.
MEXICO CITY Veteran leftist Andres Manuel Lopez Obrador took office as Mexican president on Saturday, vowing to see off a "rapacious" elite in a country struggling with corruption, chronic poverty and gang violence on the doorstep of the United States. | Video
MEXICO CITY, Nov 27 The International Monetary
Fund (IMF) on Tuesday reaffirmed Mexico's access to an emergency
credit line, even as it trimmed the amount, and said the
incoming leftist government had promised to stick to prudent