Premium Domain Names for Sale at CrocoDom.com
Mexico's then-Finance Minister Carlos Urzua speaks during a news conference to announce a plan to strengthen finances of state oil firm Pemex, at the National Palace in Mexico City, Mexico February 15, 2019. Picture taken February 15, 2019. REUTERS/Henry Romero/File Photo Acquire Licensing Rights
MEXICO CITY, Oct 27 (Reuters) – Mexican President Andres Manuel Lopez Obrador's first finance minister has issued a stern verdict on his former boss's energy policies, describing them as harmful to the country, out-of-date and eroding investor confidence.
Carlos Urzua, who served as finance minister between 2018 and 2019, panned Lopez Obrador's drive to tighten state control of energy in an interview with Reuters this week, after joining the opposition campaign for the 2024 presidential election.
Lopez Obrador has rolled back a liberalization of the energy market since taking office in December 2018, arguing past governments rigged policy in favor of private interests, and has moved to strengthen the country's state-run energy giants.
The policies have upset Mexico's main trade partners, sparking a row with the United States and Canada, which argue the Lopez Obrador administration is in breach of its trade obligations and discriminating against their companies.
"He's trying to destroy the very economic mechanism with which we could grow," Urzua said of energy policy in his first interview since backing the opposition against Lopez Obrador's party in next year's election. "So many mistakes were made."
Urzua, who quit as finance minister in July 2019, said the billions of dollars in support Lopez Obrador had given to state oil and gas company Pemex and national power utility CFE was based on ideology and unsustainable.
Instead of trying to revive state monopolies, Lopez Obrador could have benefited from private sector investment and know-how, boosting Mexico's electricity output from renewable sources and reducing reliance on fossil fuels.
"Mexico is different now," said Urzua, who returned to academia after leaving government. "Lopez Obrador doesn't understand because he's from the 1970s."
A spokesperson for the 69-year-old president, who remains popular, did not respond to requests for comment.
Urzua was also Lopez Obrador's top finance official when he was mayor of Mexico City, and said he had governed well then.
But Urzua said he found Lopez Obrador had changed as president, criticizing his 2018 decision to cancel a partly built $13 billion Mexico City airport, which rattled investors.
This week Urzua joined the team of Xochitl Galvez, the main opposition presidential contender, who plans a sweeping overhaul of Pemex and more private sector participation in energy.
Still, former Mexico City Mayor Claudia Sheinbaum, who Lopez Obrador wants to succeed him, has a big lead over Galvez in opinion polls. Presidents may only serve one term in Mexico.
Urzua said Pemex should have been allowed to do more joint ventures with private partners to explore ultra-deep waters because the indebted company lacks funds and expertise.
Lopez Obrador is building an oil refinery in the port of Dos Bocas in his home state of Tabasco, a project Urzua cast as an unrealistic "folly." The refinery's cost has ballooned.
"No one, really no one, thought this was ever going to be feasible," said Urzua. "It's imperative public infrastructure projects are viable – and Dos Bocas wasn't."
Reporting by Stefanie Eschenbacher; Editing by Dave Graham and Jonathan Oatis
Our Standards: The Thomson Reuters Trust Principles.
Thomson Reuters
Stefanie covers energy, the environment and climate change across Mexico and Central America – with a particular focus on the troubled Mexican state oil company Pemex and its emissions. A German native, she also spent more than a decade writing about all things finance while based in the United Kingdom and Hong Kong. Before that, she worked in microfinance in Ghana. She holds a Master's degree in economics and finance. Contact: +52 (1) 55 5414 6235
An Illinois man charged with murder and hate crimes for stabbing a 6-year-old Muslim boy to death and wounding his mother pleaded not guilty before a judge on Monday at an arraignment, according to court records.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.
The industry leader for online information for tax, accounting and finance professionals.
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
© 2023 Reuters. All rights reserved
source
Premium Domain Names:
A premium domain name is a highly sought-after domain that is typically short, memorable, and contains popular keywords or phrases. These domain names are considered valuable due to their potential to attract more organic traffic and enhance branding efforts. Premium domain names are concise and usually consist of one to two words or two to four individual characters.
Top-Level Domain Names for Sale on Crocodom.com:
If you are looking for top-level domain names for sale, you can visit Crocodom.com. Crocodom.com is a platform that offers a selection of domain names at various price ranges. It is important to note that the availability of specific domain names may vary, and it’s recommended to check the website for the most up-to-date information.
Contact at crocodomcom@gmail.com:
If you have any inquiries or need assistance regarding the domain names available on Crocodom.com, you can reach out to them via email at crocodomcom@gmail.com. Feel free to contact them for any questions related to the domain names or the purchasing process.
Availability on Sedo.com, Dan.com, and Afternic.com:
Apart from Crocodom.com, you can also explore other platforms like Sedo.com, Dan.com, and Afternic.com for available domain names. These platforms are popular marketplaces for buying and selling domain names. Each platform may have its own inventory of domain names, so it’s worth checking multiple sources to find the perfect domain name for your needs.
#PremiumDomains #DomainInvesting #DigitalAssets #DomainMarketplace #DomainFlipping #BrandableDomains #DomainBrokers #DomainAcquisition #DomainPortfolio #DomainIndustry #DomainAuctions #DomainInvestors #DomainSales #DomainExperts #DomainValue #DomainBuyers #DomainNamesForSale #DomainBrand #DomainInvestment #DomainTrading