entertainment

AP WAS THERE: Mexico's 1938 seizure of the oil sector from US companies

Font size+Author:Culture Channel news portalSource:sport2024-05-01 00:00:15I want to comment(0)

MEXICO CITY (AP) — EDITOR’S NOTE:Mexico took control of its most precious natural resource by seizin

MEXICO CITY (AP) — EDITOR’S NOTE:

Mexico took control of its most precious natural resource by seizing the oil sector from U.S. companies in a move that’s taught starting in first grade today and celebrated each year as a great patriotic victory.

The woman holding a double-digit lead in the June 2 election to replace President Andrés Manuel López Obrador is an environmental engineer who helped produce the 2007 Nobel Prize-winning Intergovernmental Panel on Climate Change report. She’s also been a faithful protege of López Obrador, who hails from the oil industry’s Gulf of Mexico heartland and led a 2008 fight against energy reform.

The AP is making available its story from March 18, 1938, reporting the expropriation of foreign oil companies.

___

MEXICO SEIZES U.S., BRITISH OIL INTERESTS

President Lazaro Cardenas tonight announced expropriation by the government of foreign oil companies operating in Mexico.

Related articles
  • British and Irish officials meet as tensions rise over what to do with asylum seekers

    British and Irish officials meet as tensions rise over what to do with asylum seekers

    2024-04-30 22:49

  • Turkish rail officials jailed for more than 108 years for crash that left 25 dead

    Turkish rail officials jailed for more than 108 years for crash that left 25 dead

    2024-04-30 21:56

  • First round of North Macedonia's presidential polls shows big shift towards center

    First round of North Macedonia's presidential polls shows big shift towards center

    2024-04-30 21:37

  • French air traffic controllers cancel a strike but Paris flights are still disrupted

    French air traffic controllers cancel a strike but Paris flights are still disrupted

    2024-04-30 21:17

Netizen comments