Better get the wall construction going pronto and figure out how to do the accounting later... this in response to only a 20% increase in MXN terms.
Finally getting a policy response from Mexico to the fall in oil price in USD terms which bottomed almost a year ago here almost a 12 month delay in this new Mexican policy. Shows how long govts can intervene to set prices.
Terms of trade between US and Mexico shifted greatly towards the US with the oil price reduction in USD terms in 2014 and 2015. Mexican citizens now have to pay more in MXN terms for petroleum products.
Boo hoo hoo too bad what do you think we have been going thru for the last 10 years here?
Suck it up señor.
Mexicans ransack stores and block roads in anger over steep gas-price hikes https://t.co/tvDSssiFXc— Washington Post (@washingtonpost) January 6, 2017