Mass protests in Mexico and the looming inauguration of Donald Trump as US president are adding to uncertainty in the Mexican ruling class and among foreign investors over fears of growing social unrest and economic crisis. Ongoing demonstrations continued across Mexico this weekend as Mexicans continue to reject the government’s gas subsidy cut.
Articles by: Eric London
The Mexican government on Thursday declared that it would not rescind its gasoline subsidy cut, as clashes at protests against the measure in recent days left four dead, dozens hurt and over 1,000 arrested. The cut, known as the gasolinazo, will result in a 20 percent gas price hike in the coming year. Although Mexico is a leading oil[Read More…]
President-elect Donald Trump’s transition team announced yesterday it will nominate retired Marine General John Kelly to head the Department of Homeland Security (DHS). Kelly is the third ex-military general slated for a top cabinet position. His nomination follows those of James Mattis for Secretary of Defense and Michael Flynn for National Security Advisor. The unprecedented prominence of the military in[Read More…]