Undeterred Mexico gas price protests leave Latin American country on the boil
Thousands of angry Mexicans took to the streets to protest a hike in gasoline prices by the government.
The Mexico gas price protests, which rocked Mexico City on Saturday, follow similar protests in the recent days which resulted in looting of hundreds of retail outlets and subsequent arrests of more than thousand people in the country.
Mexico Gas Price Protests Update
Mexicans are protesting over the hike of gasoline costs by 20% as announced earlier in the month. This has sparked outrage among the common public who are already grappled with increasing inflation. Besides the upcoming inauguration of Donald Trump as the 45th US President is all adding up more trouble for the Mexican President Enrique Pena Nieto.
The new Mexico gasoline prices are part of a gradual, price liberalization through the year as promised to be implemented in 2017 by the Pena Nieto government.
Mexican President Enrique Pena Niet on the Mexico Gas Price Hike
In a televised address on Thursday, the Mexican President Enrique Pena Nieto said: “I know that allowing gasoline to rise to its international price is a difficult change, but as president, my job is to precisely make difficult decisions now, in order to avoid worse consequences in the future.
“Keeping gas prices artificially low would mean taking money away from the poorest Mexicans, and giving it to those who have the most.”
Mexico Gas Price Protests Video
Protestors are yelling out on the streets, demanding the quashing of the newly revised Mexico gas prices besides also calls for the ouster of Enrique Pena Nieto as the President of Mexico.
Apart from Mexico City, the Mexico gas price protests have been recorded at other states of the country like Chiapas, Sonora, Guerrero, Jalisco, Puebla and Tabasco.
The Mexico gas price protests have already claimed the lives of four people and thousands of arrests besides ransacking and looting of over 400 stores.