"Gasolinazo" infuriates Mexico and taints flagship energy reform
Gasoline will soar as much as 20 percent in January as the nation moves away from subsidies that have burnt a hole in public coffers, the Finance Ministry led by Jose Antonio Meade announced this week.
The price slam, or “gasolinazo” in Spanish, is going to hit hard, with Mexicans tying with South Africans to spend more of their annual income on fuel than residents of 59 other countries tracked by Bloomberg …. https://www.bloomberg.com
Source: http://luismmx.blogspot.com/2016/12/gasolinazo-infuriates-mexico-and-taints.html
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