Petroleum Nationalization In Mexico
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Petroleum Nationalization In Mexico
The Mexican oil expropriation ( es, expropiación petrolera) was the Nationalization of oil supplies, nationalization of all petroleum reserves, facilities, and Big Oil, foreign oil companies in Mexico on March 18, 1938. In accordance with Article 27 of the Constitution of Mexico, Constitution of 1917, President of Mexico, President Lázaro Cárdenas declared that all mineral and oil reserves found within Mexico belong to "the nation", i.e., the federal government. The Mexican government established a State-owned enterprise, state-owned petroleum company, Petróleos Mexicanos, or PEMEX. For a short period, this measure caused an international boycott of Mexican products in the following years, especially by the United States, the United Kingdom, and the Netherlands, but with the outbreak of World War II and the alliance between Mexico and the Allies of World War II, Allies, the disputes with private companies over compensation were resolved. The anniversary, March 18, is now a Me ...
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August 16
Events Pre-1600 * 1 BC – Wang Mang consolidates his power in China and is declared marshal of state. Emperor Ai of Han, who died the previous day, had no heirs. * 942 – Start of the four-day Battle of al-Mada'in, between the Hamdanids of Mosul and the Baridis of Basra over control of the Abbasid capital, Baghdad. * 963 – Nikephoros II Phokas is crowned emperor of the Byzantine Empire. * 1328 – The House of Gonzaga seizes power in the Duchy of Mantua, and will rule until 1708. * 1513 – Battle of the Spurs (Battle of Guinegate): King Henry VIII of England and his Imperial allies defeat French Forces who are then forced to retreat. * 1570 – The Principality of Transylvania is established after John II Zápolya renounces his claim as King of Hungary in the Treaty of Speyer.Diarmaid MacCullochThe Reformation Viking, 2004, p. 443 1601–1900 * 1652 – Battle of Plymouth: Inconclusive naval action between the fleets of Michiel de Ruyter and ...
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General Lázaro Cárdenas Del Río
A general officer is an Officer (armed forces), officer of highest military ranks, high rank in the army, armies, and in some nations' air forces, space forces, and marines or naval infantry. In some usages the term "general officer" refers to a rank above colonel."general, adj. and n.". OED Online. March 2021. Oxford University Press. https://www.oed.com/view/Entry/77489?rskey=dCKrg4&result=1 (accessed May 11, 2021) The term ''general'' is used in two ways: as the generic title for all grades of general officer and as a specific rank. It originates in the Tudor period, 16th century, as a shortening of ''captain general'', which rank was taken from Middle French ''capitaine général''. The adjective ''general'' had been affixed to officer designations since the late Middle Ages, late medieval period to indicate relative superiority or an extended jurisdiction. Today, the title of ''general'' is known in some countries as a four-star rank. However, different countries use di ...
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Secretariat Of Finance And Public Credit (Mexico)
The Secretariat of the Treasury and Public Credit ( es, Secretaría de Hacienda y Crédito Público, SHCP) is the finance ministry of Mexico. The Secretary of the Treasury is the head of the department, and is a member of the federal executive cabinet, appointed to the post by the President of the Republic, with the approval of the Chamber of Deputies. Recently, the institution has been promoting a financial inclusion policy and is now a member of thAlliance for Financial Inclusion This position is analogous to the Secretary of the Treasury in the United States of America or to the finance ministers of other nations. *Proposes and directs the Federal Government’s economic policy as regards finances, tax, spending, income and public debt and statistics, geography and information, in order to ensure quality, equitable, inclusive and sustained economic growth. Mexican Customs Bureau (''Administración General de Aduanas'') is part of the Mexican Tax Administration Service, the ...
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Oil Barrel
A barrel is one of several units of volume applied in various contexts; there are dry barrels, fluid barrels (such as the U.K. beer barrel and U.S. beer barrel), oil barrels, and so forth. For historical reasons the volumes of some barrel units are roughly double the volumes of others; volumes in common use range approximately from . In many connections the term is used almost interchangeably with ''barrel''. Since medieval times the term as a unit of measure has had various meanings throughout Europe, ranging from about 100 litres to about 1,000 litres. The name was derived in medieval times from the French , of unknown origin, but still in use, both in French and as derivations in many other languages such as Italian, Polish, and Spanish. In most countries such usage is obsolescent, increasingly superseded by SI units. As a result, the meaning of corresponding words and related concepts (vat, cask, keg etc.) in other languages often refers to a physical container r ...
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Fiscal Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day ...
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Royal Dutch Shell
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. It is one of the oil and gas "supermajors" and by revenue and profits is consistently one of the largest companies in the world. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. Shell was formed in 1907 through the merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The combined company rapidly became the leading competitor of the American Standard Oil and by 1920 Shell was the largest producer of oil in the world. Shell first entered the chemicals industry in 1929. Shell was one of the " Seven Sisters" whi ...
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London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ...
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Jesus Silva Herzog
Jesus, likely from he, יֵשׁוּעַ, translit=Yēšūaʿ, label=Hebrew/Aramaic ( AD 30 or 33), also referred to as Jesus Christ or Jesus of Nazareth (among other names and titles), was a first-century Jewish preacher and religious leader; he is the central figure of Christianity, the world's largest religion. Most Christians believe he is the incarnation of God the Son and the awaited Messiah (the Christ) prophesied in the Hebrew Bible. Virtually all modern scholars of antiquity agree that Jesus existed historically. Research into the historical Jesus has yielded some uncertainty on the historical reliability of the Gospels and on how closely the Jesus portrayed in the New Testament reflects the historical Jesus, as the only detailed records of Jesus' life are contained in the Gospels. Jesus was a Galilean Jew who was circumcised, was baptized by John the Baptist, began his own ministry and was often referred to as "rabbi". Jesus debated with fellow Jews on how ...
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National Palace (Mexico)
The National Palace ( es, Palacio Nacional) is the seat of the federal executive in Mexico. Since 2018 it has also served as the official residence for the President of Mexico. It is located on Mexico City's main square, the Plaza de la Constitución ('' El Zócalo''). This site has been a palace for the ruling class of Mexico since the Aztec Empire, and much of the current palace's building materials are from the original one that belonged to the 16th-century leader Moctezuma II. Current complex Used and classified as a government building, the National Palace, with its red tezontle facade, fills the entire east side of the Zócalo, measuring over long. It is home to some of the offices of both the Federal Treasury and the National Archives. Description The facade is bordered on the north and south by two towers and includes three main doorways, each of which lead to a different part of the building. The southern door leads to the Patio of Honor and presidential offices (no ...
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Strike Action
Strike action, also called labor strike, labour strike, or simply strike, is a work stoppage caused by the mass refusal of employees to Labor (economics), work. A strike usually takes place in response to grievance (labour), employee grievances. Strikes became common during the Industrial Revolution, when Labour economics, mass labor became important in factories and mines. As striking became a more common practice, governments were often pushed to act (either by private business or by union workers). When government intervention occurred, it was rarely neutral or amicable. Early strikes were often deemed unlawful conspiracies or anti-competitive cartel action and many were subject to massive legal repression by state police, federal military power, and federal courts. Many Western nations legalized striking under certain conditions in the late 19th and early 20th centuries. Strikes are sometimes used to pressure governments to change policies. Occasionally, strikes destabilize ...
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Collective Agreement
A collective agreement, collective labour agreement (CLA) or collective bargaining agreement (CBA) is a written contract negotiated through collective bargaining for employees by one or more trade unions with the management of a company (or with an employers' association) that regulates the terms and conditions of employees at work. This includes regulating the wages, benefits, and duties of the employees and the duties and responsibilities of the employer or employers and often includes rules for a dispute resolution process. Finland In Finland, collective labour agreements are universally valid. This means that a collective agreement in an economic sector becomes a universally applicable legal minimum for any individual's employment contract, whether or not they are a union member. For this condition to apply, half of the workforce in that sector needs to be union members, thus supporting the agreement. Workers are not forced to join a union in a specific workplace. Nevertheless, ...
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