Mexico will cash in its oil price insurance policy receiving a payout of about $2.5 bn from its 2020 sovereign oil hedge v. $5.1 bn payout in 2009, $6.4 bn in 2015, plus another $2.7 bn in 2016 = biggest annual oil contract on Wall Street.
bloomberg.com/news/articles/… https://t.co/ft2M3pAHch
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…