The Mexican government controls the Mexican oil industry through Pemex, a state-owned enterprise, and subsidizes energy to reduce the cost to average Mexicans. But that doesn’t help International fossil fuel conglomerates like Exxon and Chevron, so the Biden administration is preparing to slap tariffs on Mexico in order for force President Andres Manuel Lopez Obrador (AMLO) to bring gas prices up and in line with what the American companies charge.
Yanis Varoufakis On 23rd October, Yanis Varoufakis testified in front of the Jury of Conscience in the context of the Gaza Tribunal. His speech focused on the economic forces underpinning the genocide of the Palestinian people. In particular, he spoke on the manner in which capitalist dynamics have historically fuelled the white settler colonial project and, more recently, how the accumulation of a new form of capital - which he calls cloud capital - has accelerated, deepened and amplified the economic forces powering and propelling the machinery of genocide.
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