Latest Mexico News
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EMERGING MARKETS-Latam stocks unchanged despite China Fed worries
* Concerns over Chinese economic growth, Fed stimulus weigh * Brazil Bovespa, Mexico IPC flat; Chile IPSA down 0.94 pct By Asher Levine SAO PAULO, May 24 (Reuters) - Latin American stocks were largely flat on Friday despite concerns over weak economic growth in China and a possible winding down of the U.S. Federal Reserve Bank's asset-buying program. Latin American markets also suffered this ...
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Mexico says far fewer disappeared than first thought
Mexico's top security official said Friday far fewer people have disappeared during Mexico's drug war than were originally feared, when the government released a list of about 26,000 ...
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Mexican Mafia Member Sentenced in Racketeering Conspiracy
United States Attorney Laura E. Duffy announced that Mexican Mafia member Salvador Nicola Colabella was sentenced today by United States District Judge Anthony J. Battaglia to serve 262 months in federal prison based on his August 9, 2012 plea to RICO conspiracy charges, in violation of Title 18, United States Code, Section 1962(d). Colabella has been in custody since his arrest on January 25, ...
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Cave Paintings Found In Mexico 5000 Ancient Works Depict Humans Animals
The 4,926 paintings were found in Burgos , in the mountainous northeastern state of Tamaulipas, in Mexico, reports the BBC. The beautiful pictures, cataloged with the help of the Mexican National Institute of Anthropology and History (INAH), were presented by researcher Martha Garca Snchez at the second meeting of Historic Archaeology, in Mexico City's National History ...
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REUTERS SUMMIT-Latam markets jolt from a Fed exit should be brief
By Daniel Bases and Krista Hughes May 24 (Reuters) - Latin America should suffer just a short, sharp shock to its financial markets when the U.S. Federal Reserve starts to taper its super easy monetary policy as investors remain convinced of ...
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Mexico oil output holds steady in April at 2.518 mln bpd
MEXICO CITY | Fri May 24, 2013 5:07pm EDT MEXICO CITY May 24 (Reuters) - Mexico's state oil monopoly Pemex said on Friday it produced an average 2.518 million barrels of crude oil per day in April, just up over March's daily average of 2.516 million ...
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Mexican national sentenced to 12 years for meth distribution
Nelson Fernando Garcia-Soto, 39, was sentenced Friday to 148 months in prison for possession and intent to distribute over 50 grams of methamphetamine, U.S. Attorney Wendy J. Olson announced. Garcia was a Mexican national living in Boise until his arrest in 2011. In addition, Chief U.S. District Judge B. Lynn Winmill ordered Garcia to serve five years of supervised probation. According to ...
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Broader Mexican eInvoicing Mandate Looms Potential to Affect a Half-Million Companies
Atlanta, GA, May 24, 2013 (GLOBE NEWSWIRE) -- With Mexico's Servicio de Administracion Tributaria (SAT) expected to announce - perhaps in the next weeks - expansion of an electronic invoicing mandate, companies need to begin planning for transition now to avoid non-compliance and costly fines, says Scott Lewin, CEO of Invoiceware International, a leading Latin American eInvoicing ...
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Tijuana cartel leader pleads guilty
SAN DIEGO — One of four brothers who ran Tijuana’s notorious Arellano Felix drug cartel for nearly 20 years pleaded guilty in San Diego Friday to federal charges of conspiracy to launder money and conspiracy to invest illicit drug proceeds. Eduardo Arellano Felix, 56, faces a maximum of 15 years in prison when he is sentenced Aug. 19. U.S. District Court Judge Larry Burns told the ...
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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