Latest Mexico City News
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Steve Alford will pay New Mexico $300000 and forgo bonuses ending feud over departure
pay $300,000 to New Mexico to satisfy a buyout clause in his contract with his former employer. New Mexico had initially demanded a $1 million buyout when Alford was hired by UCLA in late-March. Alford left New Mexico on March 30 just 12 days after agreeing to a new contract with New Mexico that was scheduled to take effect on April 1. Alford maintained that he was not responsible for the $1 ...
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Taste of Mexico restaurants tout authentic flavors
Accustomed to Mexican food laden with sour cream, melted cheddar cheese and mild salsa that has long been served up in the Los Angeles area, patrons balked at eating La Casita Mexicana's enchiladas covered in pumpkin seed mole, cotija cheese and red onions. Many of the doubters, to the restaurateurs' surprise, were Mexican American. Regional Mexican cooking isn't a tough sell ...
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Pope Sends Condolences to Victims of Gas Tanker Explosion in Mexico
22 Victims Dead in Ecatepec in Tragic High AccidentBy Junno Arocho EstevesVATICAN CITY, May 08, 2013 (Zenit.org) - Pope Francis sent his condolences to the victims of the tragic gas tanker explosion that occurred yesterday in Ecatepec, Mexico yesterday. The message was sent by Cardinal Tarcisio Bertone, Vatican Secretary of State, on behalf of the Holy Father.The accident occurred yesterday ...
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Condolence Telegram to Victims of Tragic Explosion in Ecatepec Mexico
VATICAN CITY, May 08, 2013 (Zenit.org) - Here is the translation of a telegram sent by Vatican Secretary of State, Cardinal Tarcisio Bertone, sent on behalf of the Holy Father to the victims of the gas tanker explosion that occurred in Ecatepec, Mexico.* * *His Excellency Most Reverend Oscar Roberto Dominguez Couttolenc, MGBishop of EcatepecThe Holy Father was saddened to receive news of the ...
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Mexico first quarter expands only 0.8
) Q1 GDP expands 0.8% from Q1 compare to first quarter last year. "Southern Texas" is growing much slower than its neighbor to the ...
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Mexico violence claims hundreds of US lives
MEXICO CITY--When Malcolm X’s grandson was beaten to death in a seedy Mexico City bar last week his name joined the hundreds of US citizens who have been murdered in this country in recent years. Excluding terror attacks and US soldiers killed in action, Mexico has seen more homicides of Americans than any other part of the world in the past decade, according to an AFP analysis of US ...
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Mexico’s Grupo Hevi Said to Hire Barclays to Explore Sale
Megacable Holdings SAB (MEGACPO) , the nation's largest cable-TV company, said two of the people, who asked not to be named because the plans are private. Hevi could fetch more than $500 million in a sale, one of the people said. A sale would put one of the biggest remaining independent cable companies in Mexico up for grabs. Guadalajara, Mexico-based Hevi, named for founder and Chief ...
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Mexico to create special police unit to search for the missing
MEXICO CITY - Mexico's government says it will create a special investigative unit to search for the missing, heeding a request by relatives of the disappeared who have been on a hunger strike for nine days. Attorney General Jesus Murillo Karam made the announcement Friday after meeting with a group of parents who have been on a hunger strike and living in tents outside his office. ...
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19 killed in gas truck explosion in Mexico
By Dave Graham and Lizbeth Diaz, Reuters MEXICO CITY -- A gas tanker truck exploded on a highway north of Mexico City early on Tuesday, killing at least 19 people and injuring 36 others as a fireball tore through cars and homes.Pablo Bedolla, mayor of the Mexico City suburb of Ecatepec, said 19 people died in the blast that engulfed early morning ...
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Mexico’s Pena Nieto seeking wide reforms wants to limit power of governors
MEXICO CITY - Barely a quarter-century ago, Mexico’s all-powerful presidents could run any of the nation’s 31 governors out of office at will. Then the pendulum began to swing. In the last decade, the power of governors grew to such levels that they became known by the moniker “little viceroys.” Now the pendulum is swinging again, with Mexican President Enrique Pena ...
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Plaintiffs in Mexico Yahoo case say will appeal court ruling
Reuters © The Yahoo logo is shown at the company's headquarters in Sunnyvale, California April 16, 2013. The company will release its quarterly results on Tuesday. REUTERS/Robert ...
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Mexico cuts 2013 growth forecast to 3.1
MEXICO CITY (AFP) - Mexico cut its 2013 growth forecast on Friday after the economy expanded less than expected in the first quarter due to slumping industrial production and near stagnant exports.Latin America's second biggest economy after Brazil is now expected to grow by 3.1 percent this year instead of 3.5 percent, the finance ministry said.The forecast was revised after Mexico posted ...
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Virgin drill diary San Marco Exeter up to hole 11 at Angeles project in Mexico
- I appreciate a CEO who answers his own phone. Robert Willis, CEO of San Marco Resources (TSX-V: SMN), is one of that kind. I spoke with him for the first time Friday to get an update on San Marco's Angeles project in Sonora State, northern Mexico. It's drilling virgin gold-polymetallic territory at Angeles according to Willis. Hence the interest here. Angeles is a project on ...
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Mexico’s First Quarter GDP Down But Far From Out
Mexico's first quarter economic data suggest the rug has been yanked out from under Latin America's second-largest economy. Although it clearly stumbled in the opening months of 2013, it's poised to quickly recover its footing, if not to run as fast this year as originally expected. Mexico economy's expanded just 0.8% on the year in the first three months of 2013, far less ...
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DishLATINO Sponsors HOLA MEXICO Film Festival Celebrates Mexican Community and Culture
LOS ANGELES--(BUSINESS WIRE)-- The 2013 HOLA MEXICO Film Festival, presented by DishLATINO, kicks off with exclusive screenings from May ...
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Mexico posts slim growth in first quarter
Mexico's economy grew 0.8 percent in the first quarter compared to a year earlier, lower than the government forecast amid a drop in industrial activity, official figures showed Friday. The government had predicted a rise of 1.0 percent in the first three months of the year compared to the first quarter of 2012. Latin America's second biggest economy after Brazil also posted growth ...
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Trial to begin Monday in 3 killings in New Mexico
LAS CRUCES, N.M. -; A 50-year-old man goes on trial Monday in Las Cruces in the 2010 killings of a New Mexico couple and their business partner from ...
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Photo Show Offers Clear Picture of Mexico
The indigenous people of Mexico are being shown in a different light, held within a black-and-white landscape, unable to speak but having so much to say. They are the people of photographer Alejandra Platt's exhibit that is currently visiting the Yuma Art Center, 254 S. Main St. In her exhibit called "En el Nombre de Dios," Platt sets out to give voice through visuals to ...
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Author of Blog del Narco chronicle of Mexicos drug war flees
Blog del Narco , a chronicle of Mexico’s drug-related violence, has reportedly fled the country after receiving a telephone call telling her to run for her ...
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Mexico Peso Set for Worst Week in 11 Months on Rate Cut Prospect
Mexico's peso fell, heading for its worst week since June, as slower-than-forecast economic growth added to speculation the central bank will cut borrowing costs and on concern ...
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Mexico’s annual economic growth slows sharply in early 2013
Mexico's annual growth slumped sharply at the start of 2013 to its weakest in three years despite unexpected strength in the services sector, backing expectations of a further interest rate cut later in 2013.Figures on Friday showed that although Latin America's second-biggest economy escaped an expected contraction in the first quarter, annual growth dived to its lowest since a deep ...
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Mexicos Homex may be next in line for debt restructure
By Paul Kilby Fri May 17, 2013 12:21pm EDT NEW YORK, May 17 (IFR) - Homex may join the growing ranks of Mexican homebuilders trying to restructure their debt, in the latest bit of bad news for a stumbling sector that has inflicted severe losses on investors. Experts at a panel here Thursday said a restructuring for Homex, which is listed on both the New York and Mexico City stock exchanges, is ...
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US to Help Mexico Upgrade its Sci-Tech Industry
http://www.worldreview.info Mexico is set to kick-start its sci-tech industry, with help from the US. A joint initiative - the Bilateral Forum on Higher Education, Innovation, and Research - will offer greater educational and economic opportunities to both countries, writes economist and World Review author Dr Jorge Balan. 'Both US President Barack Obama and Mexico President Enrique Pena ...
Mexico City Feature Story
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Mexico City launches eco-friendly and cash friendly project
Mexico City has joined a global movement that has taken many major city municipalities by storm in recent years, the eco-friendly movement of bicycle-sharing. The city joins the ranks of Montreal, Paris, Barcelona and many other major cities across Europe and the world, such as Beijing in China and Melbourne in Australia. The scheme, once rolled out in its entirety, is expected to play a part in relieving some of the burden on Mexico City’s streets.
Mexico City, the largest and richest city in Mexico, is also one of the worst for traffic jams. A recent study by IMB, the IMB Commuter Pain Study, found Mexico City and Beijing to be the two worst cities in the entire world for traffic jams, ours are among the longest and most frequent with the city getting a score of 99 out of 100 on the commuter pain index, this compared to Stockholm, which scored 15. Read more
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