Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

12/12/2013 (1 year ago)

Catholic Online (www.catholic.org)

Government vows to push ahead, in spite of disruptions

Mexico's Senate approved by a wide majority to permit the biggest oil industry opening in 75 years. The Senate sent it to the lower house, where left-leaning protestors  padlocked doors to the chamber in order to halt lawmakers from debating the bill.

As the bill won approval, senators from the opposing leftist Party of the Democratic Revolution shouted 'Ask the people.' PRI and PAN senators replied by punching the air to cries of 'Mexico.'

As the bill won approval, senators from the opposing leftist Party of the Democratic Revolution shouted "Ask the people." PRI and PAN senators replied by punching the air to cries of "Mexico."

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

12/12/2013 (1 year ago)

Published in Americas

Keywords: Mexico, oil privatization, leftists, protests, President Enrique Pena Nieto


LOS ANGELES, CA (Catholic Online) - The world's 10th largest oil producer, the measure was backed by the ruling Institutional Revolutionary Party, or PRI and the opposition conservative National Action Party, or PAN. The measure was sent to the lower house for debate and final approval.

The Mexican government aims to pass the bill this week. Leftists rose up to occupy the speaker's podium, piling up chairs to block walkways to the chamber. Protestors also sealed other doors with chains and padlocks.

In spite of these efforts, it's highly unlikely that there will be a delay in approving the bill, which passed the Senate with more than two thirds of the lawmakers' votes. If the bill is passed by the lower house, there would still be the needed approval by the legislatures of 17 of Mexico's 31 states.

President Enrique Pena Nieto has pledged a series of reforms, and so far this is the crown jewel of his campaign platform. Nieto's reforms have also targeted education, the tax system and telecommunications. The overhaul of the national oil industry is considered by far the most crucial in the overall economy and the remaining five years of Pena Nieto's presidency.

Under the new legislation, contracts could be made directly with the state rather than with the state-run oil company, which would lose its monopoly on Mexican oil. The bill would allow contracts for profit- and production-sharing as well as licenses under which companies would pay royalties and taxes to the Mexican government for the right to explore and drill.

On the other hand, private companies would have to specify in contracts that all oil and gas found belongs to Mexico. The new constitution will continue to prohibit oil concessions, considered the most liberal kind of access for private oil companies.

As the bill won approval, senators from the opposing leftist Party of the Democratic Revolution shouted "Ask the people." PRI and PAN senators replied by punching the air to cries of "Mexico."

"We have a good reform for Mexico," David Penchyna, a PRI lawmaker who heads the Senate energy committee said. "Let us imagine a more productive country, with more competition, more transparency and less corruption."

---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for March 2015
Universal:
Scientists: That those involved in scientific research may serve the well-being of the whole human person.
Evangelization: Contribution of women: That the unique contribution of women to the life of the Church may be recognized always.



Comments


More Americas

Infamous leader of Knights Templar drug cartel arrested Watch

Image of Servando Gomez, the leader of the Knights Templar drug cartel, was arrested by Mexican authorities. This will deal a critical blow to the deadly group.

By Matt Waterson (NEWS CONSORTIUM)

A major blow has been dealt to the infamous Knights Templar drug cartel, after Mexican federal police arrested Servando Gomez, the leader of the group, on February 27. LOS ANGELES, CA (Catholic Online) - The Knights Templar have been operating out of the ... continue reading


SNOW FUN: Eastern Canada inundated by heavy snowfall (PICTURES) Watch

Image of Snow has hammered eastern Canada is some of the heaviest snowfall in years.

By Troy Dredge, Catholic Online

Many residents in eastern Canada have resigned themselves to sitting out this winter. Massive snowfalls have left many prisoners in their homes, snow past windowsills, reaching up to roofs in many parts of Nova Scotia and New Brunswick. LOS ANGELES, CA ... continue reading


Twice as deadly: Virulent strain of AIDS now plaguing Cuba Watch

Image of A new strain of HIV in Cuba that progresses to AIDS twice as fast has many medical officials worried. Those who contract this form of HIV are left with a much shorter window in which they can seek treatment.

By Catholic Online (NEWS CONSORTIUM)

A new strain of HIV in Cuba that progresses to AIDS twice as fast has many medical officials worried. Those who contract this form of HIV are left with a much shorter window in which they can seek treatment. LOS ANGELES, CA (Catholic Online) - A deadly mix of ... continue reading


VIDEO: Snow doesn't stop Canadian super train in a spectacular video Watch

Image of The track, being completely covered with high snow, the windscreen at the front of the train likewise is also all blocked up. At this point, you'd be hard pressed to guess there was a train approaching.

By Catholic Online (NEWS CONSORTIUM)

A spectacular video is making the rounds, and it's just another case of a not-so-little engine that could. A Canadian freight train doesn't shy away from a massive snow bank - and plows straight through it, spreading snow all over the place in a mini-avalanche. ... continue reading


South American nation of Ecuador becomes first nation to back digital cash Watch

Image of Once the government flips the switch, the South American nation of 16 million will host the first-ever state-run electronic payment system.

By Troy Dredge, Catholic Online

The South American nation of Ecuador ditched its stumbling currency for the U.S. dollar back in 2000. Fifteen years later, Ecuador is revamping its monetary system again, this time using digital currencies. LOS ANGELES, CA (Catholic Online) - Ecuador's Sistema de ... continue reading


Is the Cold War over? Congress pushes for end of restrictions on travel with Cuba Watch

Image of President Barack Obama and President Raul Castro have been working together to normalize relations between the United States and Cuba.

By Matt Waterson (NEWS CONSORTIUM)

President Obama's inroads into warming relations between the United States and Cuba is being supported by a bipartisan group of Senators, who on Thursday unveiled a bill that would end travel restrictions for Americans who wish to visit Cuba. LOS ANGELES, CA ... continue reading


Castro making demands: Won't budge an inch on Cuban sovereignty in opening relations to U.S. Watch

Image of

By Troy Dredge, Catholic Online

Cuban President Raul Castro, brother of longtime dictator Fidel Castro appears to welcome normalizing U.S. relations. His compatriots wish to end the isolation that was visited upon the Caribbean nation since the communists took over in the 1950s. However - ... continue reading


IT'S MINE! Traders, tycoons and miners all vying for possession of Brazil's 180,000-carat Bahia Emerald Watch

Image of For the time being, the gem is now held in an undisclosed Sheriff's Department location.

By Catholic Online (NEWS CONSORTIUM)

Ever since human eyes laid upon it in 2001, Brazil's Bahia Emerald has been caught in an ongoing tug of war between those who say the gem is rightfully theirs. Landing in an L.A. County sheriff's locker, the 180,000-carat, 840-pound behemoth has been the ... continue reading


THE RISE OF WOMEN: Negotiations between the U.S. and Cuba begin with two influential women leading the way Watch

Image of Jacobson and Vidal cover everything from human rights to tourist travels during the beginning of negotiations between Cuba and the U.S.

By Abigail James (NEWS CONSORTIUM)

President Obama recently loosened the embargo the United States has with Cuba. Now the next step is to negotiate and work towards less hostility and normalizing the relationship between the two countries. LOS ANGELES, CA (Catholic Online) - At the base of these ... continue reading


Murderous gang violence plagues El Salvador every day with no end in sight, ambitious new plan offers hope Watch

Image of Gangs run the streets in El Salvador, often leaving people terrified to be out at night.

By Abigail James (NEWS CONSORTIUM)

412 people were murdered in El Salvador during December 2014. A total of 3,942 murders occurred last year in what is now the most dangerous country in the world. A 57 percent increase than those killed in 2013. LOS ANGELES, CA (Catholic Online) - Violent gangs have ... continue reading


All Americas News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Isaiah 1:10, 16-20
10 Hear what Yahweh says, you rulers of Sodom; listen ... Read More

Psalm, Psalms 50:8-9, 16-17, 21, 23
8 'It is not with your sacrifices that I find fault, ... Read More

Gospel, Matthew 23:1-12
1 Then addressing the crowds and his disciples Jesus ... Read More

Saint of the Day

Saint of the Day for March 3rd, 2015 Image

St. Katharine Drexel
March 3: Saint Katharine Drexel, Religious (Feast Day-March 3) Born in ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter