The US and Iran have agreed to a ceasefire, with talks ahead to bridge the gulf between them. Here's what to know
CNN →Iran had put forth a 10-point proposal, which the US views as 'a workable basis on which to negotiate,' Trump added. The next two weeks will allow a final agreement to be drawn up, he said.
Plan Temporary U.S.-Mexico Truce; Governments Seek Arrangement to Safeguard Rights During Arbitration
An effort is being made by the Mexican and United States Governments to arrange what is known in diplomacy as a "modus vivendi," or temporary arrangement, whereby the rights of both sides shall not be disturbed while an arbitration tribunal considers the merits of the case. The United States Government is willing to submit to the General Claims Commission all issues arising out of the attempt to confiscate American oil properties in Mexico, but with the understanding that no overt act shall be committed in the interim which might prevent the restitution of property to lawful owners. Two Methods Proposed. Two methods are being suggested to safeguard this phase of the problem. One is that the Mexican courts shall be asked to grant restraining orders in respect of each individual property and the other that the Mexican government shall give assurance of its intention to maintain a status quo while the questions are being decided. Already a number of American companies have applied for and obtained what are known as "amparos," which are equivalent to injunctions. General restraining orders are not customary in Mexican law and an injunction granted. One of the dangers of this process so far as American oil companies are concerned is that it may involve an examination of proof of titles and in the long series of changes in government the proof of title is not always easy to obtain. Commissions Life Vital. Another problem involved in any temporary arran
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What Happened Next
Re-election and assassination
Obregón won the 1928 Mexican presidential election, but months before assuming the presidency, he was assassinated.
Wikipedia →Diplomacy
In October 1927, the American ambassador, Dwight Morrow, initiated a series of breakfast meetings with Calles at which they would discuss a range of issues from the religious uprising to oil and irrigation. Morrow wanted the conflict to end for regional security and to help find a solution to the oil problem in the U.S.
Wikipedia →Mexican oil expropriation
The Mexican oil expropriation was the nationalization of all petroleum reserves, facilities, and foreign oil companies in Mexico on March 18, 1938. The Mexican government established a 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.
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