Page 11 - ARUBA TODAY
P. 11

A11
                                                                                         WORLD NEWS Thursday 5 January 2017



















                 Scuttled Ford plant has Mexico fearing more under Trump



            PETER ORSI                                                                                                          Mexican elites thought until
             Associated Press                                                                                                   recently,” Hope said. “They
            MEXICO  CITY  (AP)  —  Ford                                                                                         claimed that at the end of
            Motor  Company’s  can-                                                                                              the day economic interests
            cellation  of  plans  to  build                                                                                     would prevail over political
            a  $1.6  billion  auto  manu-                                                                                       messaging.  That’s  clearly
            facturing  plant  in  San  Luis                                                                                     not the case.”
            Potosi has sounded alarms                                                                                           In  an  editorial,  El  Univer-
            throughout Mexico.                                                                                                  sal  also  recalled  the  deal
            Even  as  the  country  is  be-                                                                                     Trump  struck  in  December
            ing  rocked  by  rowdy  na-                                                                                         with Carrier to keep 800 of
            tionwide protests against a                                                                                         1,300  jobs  at  an  Indiana
            Jan.  1  gasoline  price  hike,                                                                                     furnace factory from being
            the Ford news led the front                                                                                         sent to Mexico, in return for
            pages  of  Mexico’s  most                                                                                           millions  of  dollars  in  tax  in-
            influential  newspapers  on                                                                                         centives.
            Wednesday, and they tied                                                                                            It  also  implicitly  criticized
            the  development  directly                                                                                          the Mexican government’s
            to  President-elect  Donald                                                                                         response  to  the  incoming
            Trump.                                                                                                              administration.
            “Trump leaves Mexico with-                                                                                          “Mexico  loses  thousands
            out  3,600  jobs,”  read  the   A man walks past the nearly deserted construction site, as workers shut down operations and re-  of  jobs  with  no  word  on  a
            headline  on  El  Universal.   move equipment a day after Ford announced the cancellation of plans to build a $1.6 billion auto   clear strategy for confront-
            “Ford’s  braking  jolts  the   manufacturing plant on the site, in Villa de Reyes, outside San Luis Potosi, Mexico, Wednesday,   ing  the  next  U.S.  govern-
            peso,” said Reforma, refer-  Jan. 4, 2017.                                                                          ment which has presented
            ring to the Mexican curren-                                                                        Associated Press  itself  as  protectionist  and,
            cy’s nearly 1 percent slump  Mexico  Economy  Depart-     the  border  and  renegoti-  Trump’s  pressure  on  Gen-  especially,  anti-Mexican,”
            following the news.          ment said.                   ate  the  North  American  eral  Motors  should  be  a  the  paper  wrote.  “Trump
            “The jobs created in Mexico  Mexicans  have  been  ner-   Free Trade Agreement, up-    “much-needed      wake-up  will try to recover as many
            have contributed to main-    vous  about  Trump’s  tough  setting  ties  with  what  is  by  call,”  said  Mexico  analyst  U.S.  companies  that  have
            taining manufacturing jobs  rhetoric toward their coun-   far Mexico’s largest trading  Alejandro Hope.             set  up  in  Mexico  as  pos-
            in  the  United  States  which  try,  including  disparaging  partner.                 It shows “how much actual  sible.  He  will  try  to  make
            otherwise  would  have  dis-  remarks  about  immigrants  Two  weeks  before  inaugu-  leverage  Trump  has  within  them  return  at  whatever
            appeared  in  the  face  of  who  come  to  the  U.S.  ille-  ration,  the  scuttling  of  the  specific  companies,  which  cost, through threats or us-
            Asian  competition,”  the  gally  and  vows  to  wall  off  planned  Ford  factory  and  is  far  greater  than  what  ing public resources.”q

            Mexican president defends gas


            price hike as protests spread




            MEXICO CITY (AP) — Mex-      and  diesel,  which  it  says  fic  and  endangering  the
            ico’s  president  defended  represented  subsidies  that  country’s fuel supplies.
            his unpopular move to hike  unduly benefited wealthier  The  farm  activist  group  El
            gasoline  prices  20  percent  Mexicans.                  Barzon said that even with
            as   highway     blockades  “I  understand  the  anger  tax  breaks  or  government
            and  protests  continued  and  irritation  felt  by  the  support  for  truck  drivers,
            Wednesday      across   the  general  public,”  Pena  Ni-  “the wave of anger and dis-
            country.                     eto  said,  adding  that  “this  content  among  Mexicans
            President  Enrique  Pena  Ni-  is  an  action  that  nobody  cannot be held back.”     Residents steal gasoline and diesel from a gas station following
            eto  said  he  will  try  to  help  would want to take.”  The  state-owned  oil  com-  protests against an increase in fuel prices in Allende, southern
            groups  hit  hard  by  the  in-  But, he added, “If this deci-  pany  Pemex  said  Tuesday   Veracuz State, Mexico, late Tuesday Jan. 3, 2017.
            creases  in  an  apparent  sion  had  not  been  taken,  that  blockades  of  fuel  ter-                                        Associated Press
            reference to bus, truck and  the  effects  and  conse-    minals in the states of Chi-  continued,  it  could  inter-  camin,  said  that  “imped-
            taxi drivers.                quences would have been  huahua,  Morelos  and  Du-       rupt  operations  at  airports  ing  production  and  com-
            The  increases  took  effect  far more painful.”          rango had caused a “criti-   in  Chihuahua  and  Baja  merce is not the best way
            over  the  weekend  as  the  Protesters have blockaded  cal situation” in distributing  California.                 to  handle  the  increase  in
            government  ends  regu-      highways  and  gas  stations  fuel to gas stations there.  The   country’s   industrial  fuel prices.”q
            lated  prices  for  gasoline  across Mexico, snarling traf-  It said that if the blockades  chamber,  known  as  Con-
   6   7   8   9   10   11   12   13   14   15   16