Continued Upheavals in Mexico
!!!
Violent protests that erupted in December 2016 and early January 2017, in response to gasoline price hikes known as the “gasolinazo,” continue to reverberate in Mexico. Fuel prices that were long subsidized by the federal government will now be adjusted to international prices and governed by the law of supply and demand. President Enrique Peña Nieto insisted that the adjustment is vital to the continuation of many social programs for the poor, but has found his action to be exceedingly unpopular and broadly criticized. Commentators pointed to justified feelings of social grievance that are driving the looting.
To read the full content subscribe today!