The recent victory of Andrés Manuel López Obrador – or simply, “AMLO” – as the next President of Mexico has raised red flags in certain, mostly Washington Consensus, circles, while triggering praise in others, mostly from Eurasia and left-leaning, independent Latin American nations. There are a few curious outliers, but for the most part, there is a pall of cautious concern from market fundamentalists afraid that he will turn into another Hugo Chavez or, at best, Brazil’s Lula, overnight. Yet after bitterly losing two prior runs in 2006 & 2012, this former Mayor of Mexico City is putting forward a pragmatic face while nuancing approaches to leadership. I.E. Swearing to assist the poor while cleaning up Mexico’s endemic corruption, chronic violence & lack of growth, alongside extending olive branches to the global private sector to get on the AMLO bus.
Why are Russia & China so over the moon with excitement over AMLO’s win? What have they got up their individual & collective sleeves for engaging this most important Latin American neighbor of Washington’s, with whom the US conducts hundreds of billions of dollars in annual energy trading? And why is the bizarrely unpredictable Trump Administration wanting a revamp or outright scrubbing out of the quarter-century-old NAFTA agreement, which has benefited America’s economy so well? For that matter, how genuinely invested in NAFTA will Mexico be under AMLO’s leadership? Especially with said eastern powers chompin’ at the bit to practically marry Mexico into their growing geostrategic fold?
In this 25th episode of Money & Fear, and as always, in the show’s detailed Show Notes listed under the videos on our website, we’ll explore the nexus points between a Mexico exhausted with decades of corrupted status quo political leadership and an unprecedented Sino-Russian alliance seeking to rewrite the rules of energy pricing, trading, rent recycling & investment away from the 45 year-old Petro-Dollar Standard, established by the very same Washington Consensus which demands predictability out of all of Latin America, just as the late Standard Oil heirs Nelson & David Rockefeller wished it to be. We’ll touch upon data points, momentum within both eastern & western spheres, and the unique opportunities awaiting a reborn Grand Republic of México. A caballo regalado, no se le ven los dientes.
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Show Notes
Mexico Elections: 5 Takeaways from López Obrador’s Victory
Failed Mexican presidential candidate sets up protest camp
Lopez Obrador demands recount in Mexican election vote
Mexico’s Lopez Obrador leaves coalition to form new movement
Mexico in the Grip of Corruption
Mexican official: CIA ‘manages’ drug trade
How the US gave guns to Mexican cartels
Andrés Manuel López Obrador Is No Hugo Chávez
Andrés Manuel López Obrador was elected to ‘transform’ Mexico. Can he do it?
Three reasons why it’s time for Mexico to pivot to China
With Election, NAFTA Talks Looming, E&Ps Prepare to Drill Mexico’s First Deepwater Contracts
Targeted by Trump, Mexico Courts China, Russia
U.S. energy trade with Mexico: U.S. export value more than twice import value in 2016
Is Mexico Turning to China in Lieu of the United States?
Mexican president congratulates Putin on election win
Peña Nieto, Putin discuss opportunities
Putin Meeting with President of Mexico Enrique Pena Nieto
If Trump dumps NAFTA, China and Russia could better compete for Mexico’s energy
What’s Putin’s Game in the Western Hemisphere?
Russia: Playing a Geopolitical Game in Latin America
China oil futures launch may threaten primacy of U.S. dollar: UBS
List of countries by oil production
List of countries by proven oil reserves
Mexico’s maverick leftist Amlo vows to revise oil contracts
Mexico’s Lopez Obrador open to more private oil investment: adviser
‘Mexico First’ Campaign Could End Welcome for U.S. Oil Giants
Mexico looks to boost trade with China as NAFTA talks falter
China and Mexico: Developing Trade, Investment for the Future
China wants mexico’s oil, but at what price?
China congratulates Mexico’s Andres Manuel Lopez Obrador on presidential win
China boosts Mexico ties by grabbing blocks in oil auction
BHP Billiton Rothschild – links
List of countries by oil imports
Mexico opens up oil industry for first time in 80 years
China’s Cnooc Looks for Gulf of Mexico Oil Partners
Russia’s Lukoil wins block in Mexico shallow water oil auction
Mexico Gives Green Light to Russia’s Rosneft, Lukoil to Bid on Oil Contracts
Mexico and China Are Very Different Trading Partners
Leading Mexican Presidential Candidate Would Respect Nafta Deal
On NAFTA, Mexico’s Lopez-Obrador Is Moving Into The Driver’s Seat
Mexico Likely To Keep Making The World’s Biggest Oil Hedge
China’s CNOOC says Stampede oil project in Gulf of Mexico starts output
A Perfect Storm Is Coming to Mexico
Andrés Manuel López Obrador, Mexico’s homespun firebrand
Mexico’s business chiefs urge voters to shun Amlo
Mexico postpones oil tenders until after López Obrador takes office
Videos
John Ackerman discusses the Mexican election results
Bernie Sanders of Mexico? Leftist Wins Presidency in Landslide
China, Panama connected under Belt and Road Initiative
Papers
Mexico’s Cross Border Trade Opportunities & Competitiveness
Books
Clash of Dynasties by Richard James DeSocio
Thy Will Be Done: The Conquest of the Amazon : Nelson Rockefeller and Evangelism in the Age of Oil by Gerard Colby, Charlotte Dennett, Charlott Dennett
Oil: Money, Politics, and Power in the 21st Century by Tom Bower
*For additional footnotes and links refer to the Newsbud article link above
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