Romancing the corn ($)

The price of a tortilla is going up--and the United States is partly to blame. America's infatuation with ethanol has a price south of the border. And in the aftermath of tight elections in Mexico, it's enough to shake the political landscape

When President George Bush comes here next week to visit Calder�n, who won the presidency in a July election almost as close as the Bush-Gore hanging-chad election in 2000, he should hope he's adequately briefed on how the U.S. ethanol craze is affecting the lives of the poor and breathing new life into leftwing politics south of the border--in this case, the political party of Andr�s Manuel L�pez Obrador, who lost narrowly last year. Full Story »

Posted by Mike LaBonte
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Subjects: World, Business
Topics: Mexico, Trade
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Posted by: Posted by Mike LaBonte - Mar 2, 2007 - 9:37 AM PST
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Edited by: Kaizar Campwala - Mar 2, 2007 - 11:17 AM PST

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Mike LaBonte
3.7
by Mike LaBonte - Oct. 1, 2008

NOTE: I viewed this without a subscription, but subsequent views seem to require one. Very descriptive of the human side of Mexico's tortilla crisis, and it has important elements of the big picture too. Not much detail on the connection with the United States (NAFTA and U.S. corn subsidies not mentioned, for example).

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