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Petrol price rise triggers looting in Mexico

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follow the latest news of” market news” from different sites to most famous technicals /Daniel Becerril by 2017-01-07 at 6:53

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Looting, protests in Mexico over gas price hikes turn deadly

Looting, protests in Mexico over gas price hikes turn deadly*/

– Earlier, officials said a bystander was run over and killed by a driver fleeing police also in Veracruz, and a police officer was killed trying to stop robberies at a gas station in Mexico City.Mexicans were enraged by the 20 percent fuel price hike announced over the weekend as part of a government deregulation of the energy sector.While acknowledging the anger, President Enrique Pena Nieto said Thursday he would forge ahead anyway with the deregulated price scheme, which would do away with fuel subsidies and allow gasoline prices to be determined by prevailing international prices.
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Mexico gasoline protests: president insists there’s no alternative to price hike

Mexico gasoline protests: president insists there's no alternative to price hike*/

– Mexico’s beleaguered president Enrique Peña Nieto has once again become the target of public anger after attempting to defend a 20% hike in gasoline prices that has provoked a wave of violent demonstration and looting across the country this week.At least 987 people had been arrested after the fifth day of unrest, which has spread to at least 14 of Mexico 32 states, according to the Animal Politíco news site.Officials said three people were killed amidst looting in the eastern state of Veracruz on Thursday and a police officer was killed on Wednesday while trying to prevent robberies at a gas station in Mexico City.
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Mexico gas price hike sparks protests, looting, violence

Mexico gas price hike sparks protests, looting, violence*/

– CIUDAD JUAREZ, MEXICO — A 20 percent gas price hike has sparked anger across Mexico this week leading to protests, highway blockades and looting of stores in some regions.Protesters briefly stopped traffic on a busy international bridge linking El Paso and Juarez.”There’s a public uprising,” said Pablo Olvera, a motorist at a gas station in Ciudad Juarez.
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Petrol price rise triggers looting in Mexico

Petrol price rise triggers looting in Mexico*/

– Anger at the rising cost of living in Mexico has sparked mass looting.People have taken the law into their own hands – even trying on shoes for size in stores before helping themselves – in protest at a hike in petrol prices of up to 20 percent.Some 23 stores were ransacked and 27 blockades put up in Mexico City, Mayor Miguel Angel Mancera said, days after the government raised petrol prices by 14 to 20 percent, outraging Mexicans already battling rising inflation and a weak currency.
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