Mexico gas price hike spurs looting, blockades as unrest spreads

Follow us on Social Media

A protester writes on a car during a demonstration against the rising prices of gasoline enforced by the Mexican government at the side of a Hidrosina gas station, in Mexico City, Mexico January 4, 2017. The words read "No more high prices of gasoline". REUTERS/Edgard Garrido
Social sharing

MEXICO CITY (Reuters) – Mexicans angry over a double-digit hike in gasoline prices looted stores and blockaded roads on Wednesday, prompting over 250 arrests amid escalating unrest over the rising cost of living in Latin America’s second biggest economy.

Twenty-three stores were sacked and 27 blockades put up in Mexico City, Mayor Miguel Angel Mancera said, days after the government raised gasoline costs by 14 to 20 percent, outraging Mexicans already battling rising inflation and a weak currency.

Mexican retailers’ association ANTAD urged federal and state authorities to intervene quickly, saying 79 stores had been sacked and 170 forcibly closed due to blockades.

Deputy interior Minister Rene Juarez said over 250 people had been arrested for vandalism and that federal authorities were working with security officials in Mexico City and the nearby states of Mexico and Hidalgo to address the unrest.

“These acts are outside the law and have nothing to do with peaceful protest nor freedom of expression,” Juarez said in a press conference late on Wednesday.

Mexican President Enrique Pena Nieto said earlier on Wednesday that the price spike that took effect on Jan. 1 was a “responsible” measure that the government took in line with international oil prices.

The hike is part of a gradual, year-long price liberalization the Pena Nieto administration has promised to implement this year.

State oil company Pemex said on Tuesday that blockades of fuel storage terminals by protesters had led to a “critical situation” in at least three Mexican states. [nL1N1EU04P]

(Reporting by Alexandra Alper and Lizbeth Diaz; Editing by Simon Cameron-Moore)

 

Leave your comment on this post

THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN

WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.

Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi

The economic crisis and hardship in Nigeria are parts of the discussion.


Watch, leave your comments, and share to create more awareness on this issue.


#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com

Leave your comment

Click on the link below or Scan the QR Code to join the 9News Nigeria WhatsApp Channel

9News Nigeria Investigative Reports WhatsApp Channel
9News Nigeria Investigative Reports WhatsApp Channel
About 9News Nigeria 13337 Articles
9News Nigeria is Nigeria's favourite news source. For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more. For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: info@9newsng.com Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng

Be the first to comment

Leave a Reply