Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

12/12/2013 (8 months 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 (8 months 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'


© 2014 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for August 2014
Refugees:
That refugees, forced by violence to abandon their homes, may find a generous welcome and the protection of their rights.
Oceania: That Christians in Oceania may joyfully announce the faith to all the people of that region.



Comments


More Americas

Is the Islamic State - In Mexico? Officials deny 'car bombing' rumors Watch

Image of While it's nightmarishly plausible - and there have been warnings from the international community to the United States as such, the Department of Homeland Security has denied claims on from a watchdog group that the Islamic State of Iraq and al-Sham (ISIS) has militants stationed in Juarez, Mexico.

By Catholic Online (NEWS CONSORTIUM)

While it's nightmarishly plausible - and there have been warnings from the international community to the United States as such, the Department of Homeland Security has denied claims on from a watchdog group that the Islamic State of Iraq and al-Sham (ISIS) has ... continue reading


Deadly silence: 92,000 Columbians remain missing Watch

Image of Around 4,000 graves have been discovered and 5,000 bodies found, following the confessions of scores of paramilitary warlords.

By Anastasia Moloney, Thomson Reuters Foundation

More than 92,000 Colombians have disappeared during 50 years of war and at the hands of drug gangs, and the government needs to step up efforts to find missing people, the Red Cross said. (Thomson Reuters Foundation) - Every day nine people are reported missing ... continue reading


GOING DIGITAL: Ecuador plans digital currency Watch

Image of Some believe that Ecuador's new digital currency will eventually lead to the nation's abandonment of paper and coin currency altogether - i.e., the United States dollar.

By Catholic Online (NEWS CONSORTIUM)

In a bold move into the 21st Century, the South American nation of Ecuador is now planning digital currency. Some believe this will eventually lead to the nation's abandonment of paper and coin currency altogether - i.e., the United States dollar. LOS ANGELES, ... continue reading


California Governor: 'You're all welcome,' even illegal immigrants Watch

Image of California Governor Jerry Brown meets with Mexican President Enrique Pena Nieto.

By Catholic Online (NEWS CONSORTIUM)

California Governor Jerry Brown in a speech this week declared that all Mexicans, including illegal immigrants, are welcome in California. While introducing Mexican President Enrique Pe√Īa Nieto, who said America is "the other Mexico," Brown "spoke about the ... continue reading


Argentine president may take drastic measures to deal with debt Watch

Image of Argentinian President Cristina FernŠndez praised her nation's financial system as being

By Catholic Online (NEWS CONSORTIUM)

Argentinian President Cristina Fern√°ndez praised her nation's financial system as being "one of the most solid in the world" during a speech at the Buenos Aires stock exchange last week. Many disagree, saying that they fear the mercurial president may go to ... continue reading


GRISLY HARVEST: Mexican children, adults murdered for their organs Watch

Image of Victims targeted by organ harvesters usually range in age from seven to 10 years while younger children are often kidnapped for adoption.

By Catholic Online (NEWS CONSORTIUM)

The already rampant criminal network in Mexico and South America, in addition to dealing drugs, has taken to abducting children and adults in order to murder then and harvest their vital organs. The lucrative, underground business of livers, lungs and eyes to ... continue reading


MASSIVE ACID SPILL: Mexico closes 88 schools after 10 million gallons of acid spills from copper mine Watch

Image of Officials are working to de-acidify the two rivers by adding heaps of calcium to the water. Acid levels are dropping, Mexico's National Water Commission said, but the water is still not totally safe.

By Catholic Online (NEWS CONSORTIUM)

An ecological disaster of momentous proportion is unfolding near the U.S. - Mexico border after a massive acid spill from a copper mine has found its way into waterways. Up to 5,000 school children will be kept out of 88 schools for a week as 800,000 people ... continue reading


The new favorite weapon of the drug cartels has arrived in America -- and it will shock you Watch

Image of Mexican soldiers with hundreds of bricks of marijuana, which is about to be burned.

By Catholic Online (NEWS CONSORTIUM)

Mexican drug cartels are utilizing a deadly military weapon to keep local residents in terror and protect drug stockpiles. LOS ANGELES, CA (Catholic Online) - Authorities on either side of the U.S.-Mexico border say that the cartels are using the grenades. Four live ... continue reading


THREE DEAD: relatives of Pope Francis die in traffic accident in Argentina Watch

Image of According to newspaper accounts, the 38-year-old nephew of the Pope was driving the family's Chevrolet when he collided with an agricultural truck bearing corn in Cordoba.

By Catholic Online (NEWS CONSORTIUM)

Three members of Pope Francis' extended family, including two young grand-nephews, have died in a traffic accident. The Pope's nephew, Horacio Bergoglio Emanuel was critically injured in crash. Emanuel's wife, Valeria Carmona, and their two children, ... continue reading


Priest jailed in El Salvador for gang rehabilitation! Watch

Image of Father Antonio Rodriguez a Spanish Passionist also known as Padre Tono, was arrested for bringing cell phones to gang members held inside prison.

By Catholic Online (NEWS CONSORTIUM)

Father Antonio Rodriguez, a Spanish Passionist, will remain in jail after a judge in El Salvador ruled that he was guilty of various crimes regarding gang activities. LOS ANGELES, CA (Catholic Online) - Rodriguez, also known as Padre Tono, is well known for ... 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, First Corinthians 2:10-16
10 to us, though, God has given revelation through ... Read More

Psalm, Psalms 145:8-9, 10-11, 12-13, 13-14
8 Yahweh is tenderness and pity, slow to anger, full ... Read More

Gospel, Luke 4:31-37
31 He went down to Capernaum, a town in Galilee, and ... Read More

Saint of the Day

Saint of the Day for September 2nd, 2014 Image

St. Ingrid of Sweden
September 2: Born in Skšnninge, Sweden, in the 13th century, St. Ingrid lived ... 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