Mexico ends Pemex’s 75-year monopoly on oil
One of the biggest business and policy stories of the decade is emerging from Mexico, where the Senate there has approved the centerpiece of a new plan for the country’s oil industry. The decision ends the 75-year long monopoly held by the state-owned company Pemex. In other words, privatization is on the way. León Krauze, anchor and longtime correspondent for Univision News, has been looking into the radical change for one of Mexico’s most powerful institutions.
Click the audio player above to hear León Krauze in conversation with Marketplace Morning Report host David Brancaccio.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
