(Bloomberg) -- Mexico’s president-elect has named key officials who will take on some of the nation’s toughest jobs — fighting surging organized crime...
-- Mexico ’s president-elect has named key officials who will take on some of the nation’s toughest jobs — fighting surging organized crime, reining in overspending, revamping an aging electrical network and negotiating trade disputes with the US. But there’s one prominent role yet to be filled — a thankless position that has ended many a career.Whoever takes the job will be in an unenviable position of turning around production that has slumped to about half its peak 20 years ago.
Chatter recently has congealed around academic Victor Rodriguez Padilla. After pursuing physics and engineering degrees at National Autonomous University of Mexico, he received a doctorate in energy economics from Pierre Mendès-France University and co-authored a paper with Sheinbaum in 2009 on Mexico’s energy policies and sustainable development.
The new Pemex boss also will need to forge a good working relationship with the Finance Ministry because government support will be essential to keep the company afloat. AMLO, as the president is known, has lavished support on Pemex, granting as much as $80 billion in capital injections and tax breaks since taking office. Relations between Romero and the ministry were said to be fraught.
Earlier this month, markets took a tumble, which, coupled with a weak jobs report, sparked concerns about a looming recession. In turn, many experts called for a so-called "emergency" federal funds...A suspect arrested in Guatemala has been charged with helping coordinate the 2022 smuggling attempt that ended in the deaths of 53 migrants in Texas, the Justice Department announced Thursday, marking what U.S.
Bloomberg Victor Rodriguez Padilla Petroleos Mexicanos Unenviable Position Jorge Islas Mexico Octavio Romero Oropeza Andres Manuel Lopez Obrador University Of Mexico Mexico City
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