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Political Risk Analysis: Is Mexico Declaring War Against Clean Energy?
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
The same judge who stopped the electricity reform suspends the register of mobile phone users
entrepreneur.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from entrepreneur.com Daily Mail and Mail on Sunday newspapers.
The Dow was the least worst of the majors with Nasdaq lagging just behind Small Caps (SPY -0.5%). Biden administration weighs rule to reduce nicotine levels in cigarettes.
The Market in Perspective
Here are the headlines moving the markets.
Lithium Mega-Merger Creates New $3 Billion Company Australian lithium minersGalaxy Resources (ASX:GXY)andOrocobre (ASX:ORE)haveagreed to a merger that would create a $3.1 billion (A$4bn) company, set to be the worlds fifth largest producer of lithium chemicals, the refined form of the raw material used to make electric vehicle (EV) batteries. The business combination, the biggest mining sector deal of the year so far, will unlock significant synergies for the new company, the miners said. The logic of this merger is compelling, Orocobre
The War For Control Of Mexico s Energy Industry
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Texas Freeze Demonstrates Need for Further Mexico-U.S. Energy Integration, Expert Says
Freezing weather in Texas in February and the subsequent energy supply problems on both sides of the U.S.-Mexico border underline a need for greater energy integration between the two countries, Lorena Patterson, senior energy specialist and strategist, told
NGI’s Mexico Gas Price Index.
“I would advocate for greater integration between the markets, and more diversification of energy sources on both sides of the border. In an emergency situation where energy supplies are limited, it is always necessary to triage and send supplies to areas where they are most critical,” she said.