Latest Mexico News
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Mexican nationals sentenced for drug trafficking in ETX
TYLER, Texas - Two Mexican nationals living in Tyler, Texas, have been sentenced to federal prison for drug trafficking violations in the Eastern District of Texas, announced U.S. Attorney John M. Bales ...
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UPDATE 1-Republican senators seek border compromise for U.S. immigration bill
Mon Jun 17, 2013 6:40pm EDT * Will compromise be enough to satisfy conservatives? * Could include high-tech methods to secure border * Amendment may be offered this week (Adds Corker quotes, more details) By Richard Cowan and Caren Bohan WASHINGTON, June 17 (Reuters) - A small group of Republican senators worked Monday on a possible border security compromise that would make a sweeping ...
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Mexico could post second quarter growth of 3.5 percent finance ...
MEXICO CITY (Reuters) - Mexico's economy should accelerate in the second quarter as solid growth in the auto industry boosts its manufacturing sector, the country's finance minister said on Monday. "We think growth of 3.5 (percent) in the ...
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FIFA Confederations Cup Preview Brazil v Mexico
Hosts Brazil will be looking to secure a FIFA Confederations Cup semi-final spot with a win over Mexico in their meeting on Wednesday.After their opening victory over Japan, Brazil know that victory in their Group A clash in Fortaleza will guarantee a place in the last four with a game to ...
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Qdoba Mexican Grill Provides Update on Market Performance Analysis
SAN DIEGO--(BUSINESS WIRE)-- Jack in the Box Inc. ( ) today announced that it has substantially completed its previously disclosed review of market performance for its Qdoba Mexican Grill brand. As a result of this comprehensive review, the company plans to close 67 of its company-operated Qdoba restaurants by the end of fiscal 2013, which ends Sept. 29, 2013. As of the end of the ...
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Walmex May Sell Restaurant Group
Walmart Stores ( ), is weighing its options on selling its restaurant chain in the country. The restaurant group consists of Vips chain with 265 restaurants, 92 El Porton restaurants and seven Ragazzi restaurants. While the Vips and the El Porto restaurants specialize in Mexican foods, the Ragazzi restaurants specialize in Italian cuisine. Though the groups of restaurants serve about 79 million ...
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UPDATE 1-Mexico could post Q2 growth of 3.5 pct-finance minister
Mon Jun 17, 2013 4:54pm EDT MEXICO CITY, June 17 (Reuters) - Mexico's economy should accelerate in the second quarter as solid growth in the auto industry boosts its manufacturing sector, the country's finance minister said on Monday. "We think growth of 3.5 (percent) in the second quarter is clearly attainable," Mexican Finance Minister Luis Videgaray said in an interview with ...
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Tired of Political Rats Mexicans Can Vote for a Cat
WASHINGTON, June 17 (RIA Novosti) – Mexicans in the thousands have pledged their support for a political candidate with a different outlook in next month’s mayoral election in Xalapa: a black and white cat called Morris who’s vowing to rid the university city of rats. "Tired of voting for rats? Vote for a cat. Only a cat can restore order in the face of all the rats who ...
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Mexicos peso weakens 1.18 pct to 12.86 per dollar
MEXICO CITY, June 17 (Reuters) - Mexico's peso fell 1.18 percent to 12.86 per U.S. dollar in early afternoon trading on Monday. The peso reached its highest level in nearly two years last week when the currency traded at 12.7250 per ...
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Transparency laws give citizens tool against Mexican corruption
VILLAHERMOSA, Mexico - One day this year, citizen activist Jose Manuel Arias Rodriguez was told by the state of Tabasco that his request under the state’s sunshine-in-government law had been granted. Sprawled before him were 14 boxes of receipts and other paperwork for the running of the stately governor’s mansion known as Quinta Grijalva.Arias began to dig, and before long he ...
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Morris the cat running for mayor of Mexican city
Morris poses for a campaign photo. (Facebook) There's another fat cat running for political office. But this one is actually covered in fur, has claws and purrs when he gets his way. All hail "hissoner." Morris the Cat declared his candidacy for mayor of Xalapa, a university city with a population of 450,000 in eastern Mexico. Xalapa, the capital of the state of Veracruz, has ...
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Im free Mexico drops drug charges against US mom
Yanira Maldonado, who was charged with smuggling drugs in Mexico, is reuniting with her family after a week in jail. She was released shortly before midnight. NBC's Miguel Almaguer ...
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Mexico inflation to start trending down -Central Banks Sanchez
MEXICO CITY, June 17 (Reuters) - A recent spike in Mexican inflation is temporary and although upside price risks prevail, so far there are no signs of knock-on effects, central bank board member Manuel Sanchez said on Monday. "Given the ...
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UPDATE 1-Mexico can weather market volatility -central banker Sanchez
Mon Jun 17, 2013 1:41pm EDT (Recasts, adds background, details, quotes) MEXICO CITY, June 17 (Reuters) - Mexico is well placed to deal with a further bout of market volatility but investors should keep a close eye on their exposure to currency and interest rate risk, central bank board member Manuel Sanchez said on Monday. Mexico's peso fell more than 6 percent in May and 10-year bond yields ...
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Mexican gray wolf population garnering attention
This month, the U.S. Fish and Wildlife Service proposed removing the animal's remaining protections as an endangered species across the Lower 48 states. The exception would be in the Southwest, where the recovery effort for the related Mexican gray wolf is ...
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New Saipem profit warning rattles investors
Just weeks after a strategic review claiming better times lay ahead, Saipem said after the market closed on Friday it expected a net loss of 300 million to 350 million euros ($467 million) this year because of problems on contracts in Algeria, Mexico and ...
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Two men with international ties added to FBI most wanted list
WASHINGTON (Reuters) - The FBI added two people on Monday to its list of most-wanted fugitives: a Mexican laborer accused of killing a woman in Louisiana and a former U.S. university professor charged with committing sex crimes in the ...
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Ballet of the Dolls presents Mexican postcards in dance
The cast of “Cabaret Nudista,” a Ballet of the Dolls show presenting Myron Johnson’s kitschy take on the music and movement of ...
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UPDATE 2-Warmer outlook drives U.S. natgas futures up 2 pct
* Northeastern U.S. and Midwest expect hotter temperatures * Outlook for Texas and the South turns milder (New throughout, adds analyst quote, updates prices; changes byline) By Joe Silha NEW YORK, June 17 (Reuters) - U.S. natural gas futures gained ground on Monday, backed by hotter weather forecasts for the Northeast and Midwest later this week and next week that should force more homeowners ...
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Mexican Chicken Salad Pinwheels
, but having the same thing every recess could be tiring. Mix things up by preparing a batch of these Mexican chicken salad pinwheels-they’re tasty, filling and easy, making them a great option for your little one. Check out the recipe ...
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Italy beats Mexico eyes Japan clash
Edward Snowden, the fugitive former CIA employee and NSA contractor who leaked secrets about America’s spying operations, often hung out online with foreigners in Japan who shared his interests in anime, video games, martial arts, the stock market and the expat lifestyle. Snowden, who ...
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Claims Seek Forest Service Payment For 2011 New Mexico Fire
The federal government is being asked to cough up more than $60 million for damages from the 2011 Las Conchas fire and subsequent flooding in northern New Mexico. According to the Santa Fe New Mexican, the Forest Service faces damage claims filed last week by the Cochiti and Jemez pueblos and four individuals who own a ranch. The claims allege losses due to burned timber, habitat loss and ...
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Brazil worries wont derail Votorantim Cimentos IPO-source
* Worries over deal's structure, economy seem 'overdone,' source says * Votorantim Cimentos may be world's No. 2 IPO this year * One large investor balked at company plans to sell units By Guillermo Parra-Bernal SAO PAULO, June 17 (Reuters) - ...
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Mexican stocks up 1 pct on expectation of more stimulus from Fed
MEXICO CITY, June 17 | Mon Jun 17, 2013 11:23am EDT MEXICO CITY, June 17 (Reuters) - Mexico's IPC stock index rose more than 1 percent Monday on expectations that the Federal Reserve's stimulus program in the United States will continue. The IPC's gains, up 1.14 percent to 39,715.80 at 10:15 a.m. local time, are largely in line with U.S. ...
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EMERGING MARKETS-Brazil Mexico currencies remain stable ahead of Fed meeting
* Brazil's real, Mexico's peso steady ahead of Fed meeting * Fed decision may determine direction of flows into region SAO PAULO, June 17 (Reuters) - Latin American currencies seesawed on Monday ahead of the U.S. Federal Reserve policy meeting this week, as investors awaited signs of how long the U.S. Federal Reserve will decide to continue massive monetary stimulus in the world's ...
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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