Latest Mexico News
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Mexico Germany vow to promote tourism
Mexico and Germany pledged on Wednesday to promote bilateral tourism, air connectivity and the flow of visitors, Mexico's Ministry of Tourism said in a ...
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Mexican investigators seize boxes filled with cash at office of ex-aide to former governor
MEXICO CITY - Mexican authorities on Wednesday seized five boxes filled with cash as part of an investigation into alleged embezzlement by a former governor of southern Tabasco state, in what could become the latest test for President Enrique Pena Nieto to act against corruption. Tabasco state prosecutor Fernando Valenzuela said bundles of 500- and 1,000-peso bills were found in an office of ...
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Protesters at Las Vegas tech show take aim at Mexican billionaires corrupt practices
Jessica Padron, left, and members of Two Countries One Voice protest against Carlos Slim, a Mexican businessman listed as the second richest man in the world by Bloomberg’s Billionaire Index, in front of the Venetian Wednesday, May 22, 2013. The group accuses Slim’s telecommunication companies of engaging in predatory and monopolistic practices. The protest coincides with CTIA, a ...
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Mexican Museum site caught in shadow fight
A proposed 47-story condominium tower -- which also would be the long-awaited permanent home of the Mexican Museum -- faces the prospect of a lawsuit from residents of the Four Seasons on Market Street who want to stop it from casting a pall on sunny Union Square. The 510-foot tower would be built at 706 Mission St. by developer Millennium Partners. At that height, it would drop shadows on the ...
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Mexican trainer predicts knockout win for Perea
Veteran Jimrex 'Executioner' Jaca (37-6-3, 21KOs) will face an old enemy he met eight years ago this Saturday night in one of the co-main events of Pinoy Pride XX: Laban Kung Laban at the Waterfront Cebu City Hotel and Casino. This, after his opponent Mexican Jose Emilio Perea brought in his trainer Ernesto Salgado Garcia who was beside WBO Welterweight champion Juan Manuel Marquez ...
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Boxes of cash seized in Mexico corruption probe
MEXICO CITY -; Mexican authorities say they have seized five boxes filled with cash as part of an investigation into alleged embezzlement by a former governor of southern Tabasco ...
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Mexican farmers standing up to drug cartels refuse to disarm
Mexican soldiers patrol the streets during an operation searching for criminals in the area called 'Tierra Caliente' (Hot Land) in the Coalcoman community,Michoacan State, Mexico on May 21, 2013. (Alfredo Estrella/AFP/Getty Images) COALCOMAN, Mexico - Farmers wearing bulletproof vests and toting assault rifles ride in pick-up trucks emblazoned with the word "self-defense" to ...
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Mexico says US economy a worry for growth
By Michael O'Boyle and Krista Hughes MEXICO CITY (Reuters) - Mixed signals from the U.S. economy are clouding the growth outlook for Mexico and it needs to be ready for the shocks that could accompany a possible withdrawal of U.S. monetary ...
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Mexico drug cartel dominates torches western state
LA RUANA, Mexico (AP) — The western Mexico state of Michoacan is burning. A drug cartel that takes its name from an ancient monastic order has set fire to lumber yards, packing plants and passenger buses in a medieval-like reign of terror.The Knights Templar cartel is extorting protection from all sorts of businesses, prompting a backlash in the western agricultural state. Some communities ...
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U.S. acknowledges killing four Americans in drone strikes
Undated handout image courtesy of the U.S. Air Force shows a MQ-1 Predator unmanned aircraft. The U.S. government has authorized the killing of American citizens as part of its controversial drone campaign against al Qaeda even without intelligence that such Americans are actively plotting to attack a U.S. target, according to a Justice Department memo. ...
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Coulter When did we vote to become Mexico
Pre-1965 immigrants were what made this country what it was for a reason: They were the pre-welfare state immigrants. From around 1630 to 1966, immigrants sank or swam. About a third of them couldn’t make it in America and went home — and those are the ones who weren’t rejected right off the boat for being sick, crippled or idiots. That’s why corny stories of ...
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EMERGING MARKETS-Mexico stocks sink to 8-month low on Fed fears
By Gabriel Stargardter MEXICO CITY, May 22 (Reuters) - Mexican stocks plunged to their lowest level in more than eight months on Wednesday, after U.S. Federal Reserve Chairman Ben Bernanke said the Fed could scale back the pace of bond purchases at one of its "next few meetings." Early in the session, the release of minutes from the last Federal Reserve policy meeting seemed to suggest ...
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Uninsured Texans Seek Health Care In Mexico As Their Governor Resists Medicaid Expansion
article from Tuesday shines a light on what, exactly, most Republican governors’ refusal to expand Medicaid will mean for real Americans by examining poor communities in a state headed by one of Obamacare’s most ardent critics: Gov. Rick Perry (R-TX). The piece centers on particularly destitute populations in southern Texas, where some uninsured residents are so poor, sick, and ...
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Fitch ratifica la calificacion de Atizapan de Zaragoza Estado de Mexico en BBB-
Fitch: Recession Concern Dampens European Investor Sentiment An increasing number of investors expect fundamental credit conditions will deteriorate across sectors, according to a Fitch Ratings investor survey. The more circumspect sentiment was most notable for the sovereign segment, where the proportion of survey respondents anticipating worsening conditions more than doubled to 55%, from 24% ...
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Entrenched Mexico drug mafia vigilantes battle for control of agricultural Michoacan state
In this May 20, 2013 photo, a man on a motorcycle drives past the burnt-out hulks of two trucks and a passenger bus, allegedly torched by the Knights Templar drug cartel as a warning to anyone who tries to bring reinforcements, near the town of Buenavista, Mexico. A drug cartel that takes its name from an ancient monastic order has set fire to lumber yards, packing plants and passenger buses in ...
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Mexicos stocks down 1 pct briefly touch 8-month low
MEXICO CITY, May 22 (Reuters) - Mexico's IPC stock index briefly sank on Wednesday to an eight-month low beneath the key 40,000-point level for the first time since September 2012. The index dipped to the low after U.S. Federal Reserve Chairman ...
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Mexico preliminary first-quarter FDI soars to six-year high
MEXICO CITY, May 22 (Reuters) - Foreign direct investment in Mexico rose to a six-year high in the first quarter on steep flows from the United States and strong interest in the manufacturing sector, according to preliminary data from the ...
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Youth Festival to Be Celebrated in Sinaloa Mexico
Mexico, May 22 (Prensa Latina) The 2013 Youth Festival of Pop and Rock Music will be held since Wednesday, up to Friday, in six cities of the Mexican state of Sinaloa. The event will count on the participation of 20 groups in 36 concerts in auditoriums and public places. The venues will be Culiacan -the capital of Sinaloa- Los Mochis, Mazatlan, Guasave, Guamuchil and El Fuerte. In the opening ...
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Mexican volcano on verge of eruption
A cloud of ash belches out of Mexico's Popocatepetl volcano, some 35 miles from Mexico City, May 20, 2013. Authorities have raised the alert level to "Yellow Phase Three," the fifth of a seven-stage warning system, restricting access to an area of about seven miles around the volcano while preparing evacuation routes and ...
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Exclusive Mexico sees mine industry investment through 2018 at ...
MEXICO CITY (Reuters) - Mexico sees total mining investment between 2013-2018 of at least $25 billion, holding steady from the previous six years despite the prospect of less favorable metals prices, Mexico's top government mining official ...
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UPDATE 2-Mexicos Homex says some creditors could seek early ...
MEXICO CITY, May 22 (Reuters) - Creditors of struggling Mexican homebuilder Homex could seek accelerated payment of the company's debt after Homex missed payments on derivative positions, according to a filing on Wednesday. Failure to meet ...
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Viva Mexican Grill in Wayland fails alcohol compliance check
The Wayland Police Department reported Viva Mexican Grill y Tequileri, located at 15 East Plain St., was the only one of 12 establishments that failed an undercover alcohol compliance check on Tuesday. On Tuesday, two youths, aged 18 and 19, were sent into the establishments with instructions to attempt to purchase alcohol without showing any ...
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The Deal Philip Morris Inhales Mexican JV
said Tuesday, May 21, it will acquire the remaining 20% stake in its joint venture Philip Morris Mexico SA de CV it does not own for about $700 ...
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Mexican peso erases gains stocks turn negative
MEXICO CITY | Wed May 22, 2013 11:44am EDT MEXICO CITY May 22 (Reuters) - Mexico's peso and stocks pared gains on Wednesday that stemmed from comments by U.S. Federal Reserve chairman Ben Bernanke, who hinted it was not time to rein in monetary stimulus that supports appetite for risky assets. The IPC Index dipped 0.69 percent to 40,251 points while the peso fell 0.238 percent to ...
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Mexicos peso firms after US Fed hints at continued stimulus
MEXICO CITY, May 22 (Reuters) - Mexico's peso strengthened in early trading on Wednesday, after testimony revealed U.S. Federal Reserve chairman Ben Bernanke does not think it is time to rein in monetary stimulus. Mexico's peso firmed 0.79 ...
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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