This is a big deal. It seems the the Mexican government is attempting to use the world financial crisis and the inefficient(read: massively corrupt) Mexican national oil company, PEMEX, to erode the President Lazaro Cardenas' 1938's nationalization of the nation's oil in 1938. A longer post is on the way.
Wednesday, October 29, 2008
Felipe Calderón tries to open Mexican oil to privatization
Posted by jesseray at 3:49 PM
Labels: economic meltdown, Mexico, neoliberalism
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