"Mexico’s government has put forward a balanced law that should draw investment quickly, modernize Mexico’s regulatory regime, strengthen PEMEX, and accelerate manufacturing and industrialization through cheaper electricity tariffs."
The Export-Import Bank plays a useful role in sustaining a truly global marketplace in which firms compete based on productivity and service, without being subject to the frills of fussy governments. It deserves to be reauthorized.
"We could thus lose on two fronts. The Iranians get a green light to pursue their nuclear program while at the same time enjoying U.S. approval for their rising preeminence inside Iraq and the region."