Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Forget Narcos, Mexico’s National Guard Has A New Target: Uber

Courtesy of ZeroHedge View original post here.

In recent weeks, Mexican taxi drivers have blocked access to Uber drivers at some of the country’s busiest airports. Cab drivers are furious with Uber and other ride-hailing app companies for disrupting the taxi industry, leading to declining passenger volumes in the last several years.

As a result of the turmoil, the federal government has responded with support for the taxi industry by offering to deploy National Guard troops at major airports across the country to crack down, specifically, on Uber drivers. 

Bloomberg cites a federal government press release, which describes a recent meeting held by the Ministry of the Interior and the National Taxi Movement (MNT), to create a new regulatory framework around ride-hailing apps. 

The release also states how government troops will be deployed at 56 major airports to make sure only federally permitted taxis are picking up passengers at loading areas. 

“It was also agreed that the Ministry of the Interior will coordinate requesting from the Ministry of Communications and Transportation (SCT) and the National Guard (GN) or equivalent, actions in federal areas to carry out revision operations in the 56 airports of the country and areas of federal jurisdiction,” the press release read. 

The Uber crackdown comes at a time when the country’s economy is teetering on the edge of a recession. 

President Andres Manuel Lopez Obrador (AMLO) promised an economic revival through a populist and nationalist agenda when he won the presidential election last year. But one year later, since AMLO won, the economy completely reversed and is now headed for a technical recession.

AMLO, desperate to please voters, appears to be shifting some National Guard troops, ones who were deployed on drug enforcement operations, to now protect the taxi industry from Uber picking people up at major airports. Sounds ridiculous, right? 

Social media had a field day with AMLO, and there was immediate backlash on Twitter when this news broke on Wednesday: 






Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!