Tag "Carlos Slim"

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Natural resources and energy North America

Mexico’s oil reforms aim to boost revenue

President Enrique Peña Nieto’s privatization efforts are an attempt to restart revenue generation in the oil sector, which had stalled. Nieto hopes greater tax revenue from the sector may help cover federal budget deficits.

Latin America Politics

GRI Person of the year in political risk: President Pena Nieto

In one year Mexican President Enrique Peña Nieto has overhauled key branches of Mexico’s economy such as energy and telecommunications, while also working to increase government revenue. He has enacted

Economics Latin America

Bill breaks Mexico’s telecom monopoly

Mexico’s Carlos Slim is no longer the world’s richest man. For the last four years, the billionaire and telecommunications mogul held claim to the distinction only to lose it in