Monday, December 30, 2013

Mexico City subway rate increase enrages commuters

latimes.com: "A recent increase in subway fares in Mexico City has touched off a protest movement of civil disobedience — with infuriated young commuters jumping over turnstiles to make their point — and has ignited a new round of political trouble for the capital's besieged mayor."

Sunday, December 22, 2013

Venezuela fuel subsidy terribly misguided, must end, free buses would solve it

Fox News Latino: "Prices at Venezuelan gas pumps have been frozen for almost 20 years with politicians hesitant to repeat the mistake of rising prices in 1989, triggering days of deadly rioting. The late President Hugo Chavez once confessed it pained him to practically give away fuel to luxury car owners, but during 14 years of rule he never dared to touch the gasoline subsidy that consumes upward of $12.5 billion a year in government income."

'via Blog this'

Wednesday, November 27, 2013

The Chinese Have Bought Out Ecuador’s Oil Sector

Peak Oil News: "China’s aggressive quest for foreign oil has reached a new milestone, according to records reviewed by Reuters: near monopoly control of crude exports from an OPEC nation, Ecuador."

'via Blog this'

Sunday, November 24, 2013

Mexico City Metro ridership up 17% in one year

Increases by 17% the number of Metro users | News | Citizens Network: "According to information from the Metro Public Transport System, the Federal District and the Institute of Geography, UNAM, increased 17 percent in the number of users in just one year, from 4.5 to 5.3 million people daily, causing saturation in at least four lines."

'via Blog this'