Tuesday, April 29, 2008

Mass demonstrations against possible privatization of state oil co.

Mexico up in arms over privatization oil plans

Tuesday April 29th, 2008

Thousands of Mexicans took to the streets of Mexico City on Sunday to protest an oil reform bill they say would lead to the privatization of the country's state-run oil company. Led by opposition lawmaker Andres Manuel Lopez Obrador, the demonstrators expressed their displeasure with plans to look for private capital to help fund the expansion of Pemex, Mexico's national oil company.

Professor Gustavo Indart of the University of Toronto specializes in the study of economic reform in Latin America.

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