Puerto Vallarta News

Puerto Vallarta News

Mexico to bailout Pemex with $3.6 billion

Mexico will inject $3.6 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix. Falling oil output, corruption and high labor cost…

Related Posts

San Miguel bus fare

San Miguel bus fare hike under review after nine years

San Miguel bus fare could rise two pesos as the council weighs service upgrades after...
Cabo Cultural Historic Route

Cabo Cultural Historic Route aims to revive downtown

Los Cabos debuts Cabo Cultural Historic Route to guide visitors through history with safer stops,...
Los Cabos extortion

Los Cabos extortion spike rattles small businesses

Coparmex warns Los Cabos extortion is rising and urges tighter prevention with authorities as cases...
Los Cabos power plant

Los Cabos power plant enters federal environmental review

CFE filed an impact study for a 240-MW project in Los Cabos. The Los Cabos...