Latest Mexico City News
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Mexicos Antitrust Authority Endorses Financial Reform Proposal
Mexico's antitrust authority recommended Tuesday that Congress approve the government's proposed financial reform in an "expedited manner," as it sees the proposal benefiting consumers.The measure, drafted by a multiparty effort known as the Pact for Mexico and presented this month by President Enrique Pena Nieto, offers greater protection for consumers of financial service ...
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Canadian man missing in Mexico previously charged with drug offences
5/21/2013 A Canadian man missing in Mexico had a troubled past. Diego Hernandez recently faced drug charges on Vancouver Island. Three years ago, the 22-year-old was arrested in Saanich and charged with possession for the purpose of trafficking. His trial was slated to start last October, but court officials in Victoria cannot yet be reached to confirm details of the outcome. Police say ...
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Mexico Now A Latin American Leader In Tech Services
Aired 5/15/13 In the last decade Mexico's tech industry has flourished, growing three times faster than the global average. Most of that growth is fueled by demand from the United States. But without certain reforms Mexico's progress can only go so ...
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Halliburton sees Mexicos Pemex reducing activity for 2013
May 21 (Reuters) - Halliburton Co, the world's second-largest oilfield services company, said on Tuesday that Mexican state oil company Pemex was delaying any significant activity at its Burgos and Chicontepec projects until next year. Chief Financial Officer Mark McCollum said Halliburton's Latin American margins would be weighed down this year by the reduction in activity at the ...
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Mexicos Femsa shares sink after Credit Suisse cuts view
MEXICO CITY | Tue May 21, 2013 9:53am EDT MEXICO CITY May 21 (Reuters) - Shares in Mexican bottling and retail company Femsa fell more than 4 percent to 134.34 pesos on Tuesday after Swiss bank Credit Suisse cut its view to underperform. The bank on Monday night raised its price target for Femsa, which jointly owns Latin America's largest Coke bottler Coca-Cola Femsa with The ...
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Mexico is Back in the Game
SAN DIEGO-After years of economic and social crises, Mexico has regained lost ground and has found stability, creating a space for investment and development opportunities from across the border, said panelists at ...
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Research and Markets Agrochemicals and Pesticides Market in Mexico Business Report 2013
"Agrochemicals and Pesticides Market in Mexico: Business Report 2013" report to their offering. Agrochemicals and Pesticides Market in Mexico: Business Report 2013 provides a complete overview of current market state issued in a comprehensive and easily accessed format. The report includes detailed analyses of agrochemicals and pesticides market in Mexico, information on ...
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Cathie Anderson Fungus killing coffee plantations in Mexico Central America
Coffee lovers probably won't hear much about la roya in the United States, but this fungal disease is decimating thousands of coffee farms across Mexico and Central America.Pete Rogers isn't the average American coffee lover. He travels to Guatemala, Nicaragua, Costa Rica, Panama and other exotic locales to find and purchase green coffee beans for his family's company, Rogers ...
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Big jump in HIV among Navajo in New Mexico
A Navajo reservation near Gallup, N.M., had a 20 percent increase in HIV diagnoses in 2012 from 2011, a doctor says. Dr. Jonathan Iralu, an infectious disease specialist who runs an HIV clinic in Gallup, said he compiled the report for the federal Indian Health Service because he used to treat a small number of Navajo men with human immunodeficiency virus each year. However, the 47 new cases ...
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Mexicos tourism sector goes up
Mexico City, May 21 (IANS/EFE) Economic activity associated with tourism grew 4 percent in 2012 compared with the year before, Mexico's INEGI statistics service said. Spending by foreign and domestic tourists increased by 4.7 percent last year. In the fourth quarter of 2012, tourism activity topped the same period in 2011 by 4 percent, INEGI said Monday. By segments, spending by domestic ...
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Mexico prohibits multiple soccer teams ownership
MEXICO CITY — The owners of the 18 Mexican first-division soccer clubs voted Monday to bar one person or one company from owning more than one team. The vote was an apparent move to stop tycoon Carlos Slim from expanding his growing influence in Mexican soccer. Mexico's largest broadcasters, Televisa and TV Azteca, have in the past owned multiple first-division teams but the issue ...
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Mexico’s 400000 Abandoned Homes Draw Venture Capital
Mexico's attempt to solve the country's housing shortage by constructing millions of new homes far from city centers has crippled the ...
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Mexico adopts five-year plan for social economic development
Mexican President Enrique Pena Nieto on Monday presented a five-year plan, aimed at combating violence and improving administration."Mexico has the historic opportunity to launch a national transformation," Pena Nieto said at an event to announce the plan, adding that for the first time, the government has devised a development plan that includes the periodic evaluation of its ...
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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