Latest Mexico News
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Guilty plea in shooting of ICE agents in Mexico
Julian Zapata Espinoza pleaded guilty Thursday to the February 2011 shootings of U.S. Immigration and Customs Enforcement agents. He faces up to life in ...
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Mexico’s economy Reality bites
Sailing out of the tourism top ten INVESTORS who were starry eyed about Mexico's economic potential at the start of the year are now having misgivings. From a record high then, the stockmarket fell to an eight-month low on May 21st. Just to rub it in, stocks in Brazil, which Mexico views as its main regional rival, have recently been performing much better. The immediate catalyst for ...
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Kimco Venture to Sell Mexican Properties for $600 Million
Kimco Realty Corp. (KIM) , the largest U.S. shopping-center owner, and a joint-venture partner agreed to sell their stakes in 87 Mexican industrial properties to a local real estate investment trust in a $600 million deal. Kimco and American Industries will sell their interests in trusts that hold the buildings to Terrafina, ...
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Cartel Torches Mexican State Extorts Farmers For Protection
The AP reports that the Knights Templar cartel is terrorizing the Western Mexican state of Michoacan by burning pretty much everything in sight. The group has so far targeted lumber yards, packing plants and even passenger buses in their reign of terror. Like most organized crime units, this particular cartel is offering to spare farmers if they pay protection money. Some are resisting while ...
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Born in Mexico Lopez learns English graduates
Feeling frustrated and unwelcome, Nain Lopez wanted to leave Decatur after state lawmakers passed one of the toughest illegal-immigration laws in the nation in ...
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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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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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EMERGING MARKETS-Latam stocks fall on China data Fed worries
* Weak Chinese manufacturing hurts commodities stocks * Global markets open lower after Bernanke's comments * Brazil's Bovespa down 1.5 pct; Mexico's IPC falls 0.27 By Danielle Assalve Sao Paulo, May 23 (Reuters) - Latin American stocks fell on Thursday on surprisingly weak economic data from key trade partner China and concerns the U.S. Federal Reserve will scale back stimulus ...
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Mexican Consumer Prices Fall Less Than Expected in Early May
annual (MXCPYOY) inflation further above the central bank's target range. Prices slid 0.35 percent in the first two weeks of the month, the national statistics agency said today on its website, compared with the 0.42 percent drop that was the median estimate of 19 economists surveyed by Bloomberg. Annual inflation quickened to 4.72 percent from 4.65 percent in April, above the ...
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Mexicos Pemex to add 30000 bpd capacity to top refinery
By David Alire Garcia and Adriana Barrera MEXICO CITY (Reuters) - State oil monopoly Pemex will boost capacity at its biggest refinery, Salinas Cruz, by 9 percent in a $4 billion expansion, its head of refining said, part of Mexico's aim to ...
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UPDATE 1-Mexico annual inflation rises more than expected in early ...
* 12-month inflation rises to 4.72 percent * Above central bank 4 percent limit for third month in a row MEXICO CITY, May 23 (Reuters) - Mexico's annual inflation rate rose more than expected in early May, holding well above the central bank's ...
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Mexican stocks fall to nearly 8-mo low hit key support
MEXICO CITY | Thu May 23, 2013 9:44am EDT MEXICO CITY May 23 (Reuters) - Mexican stocks fell sharply on Thursday, sinking for the fourth session in a row, hurt by concerns that the U.S. Federal Reserve could scale back its stimulus that has fed demand for riskier assets around the world. The IPC stock index shed as much as 1.62 percent to 39,468 points, hitting near a key support that ...
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First-time jobless claims drop by 23000
The U.S. Labor Department said first-time jobless benefits claims dropped by 23,000 to 340,000 in the week that ended Saturday. The department revised last week's estimate from 360,000 to 363,000, meaning the prior week's gain in initial claims filed came to 35,000, not 32,000. The four-week rolling average for the week fell by 500 to 339,500. The largest increases in initial claims ...
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REUTERS SUMMIT-Colombia to tweak tax rules hunt foreign investors
Thu May 23, 2013 9:21am EDT * Foreign participation in TES market is about 4.5 pct * Gov't hopes tax clarification will boost foreign interest * Official hopes Colombia reaches levels closer to Peru, Mexico By Helen Murphy and Nelson Bocanegra BOGOTA, May 23 (Reuters) - Colombia hopes to attract more foreign money to its local bond market when it clarifies the text of a recent tax reform ...
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Retail sales recover in Mexico
In Brazil, inflation eased slightly in mid-May, although slightly less than we expected, and the current account widened to 3% of GDP. In spite of the moderation in inflation, the hardening tone of the BCB leads us to expect the Selic rate to rise by a total of 125bp by end-August. Meanwhile, in Mexico, retail sales recovered slightly in March. Today markets will focus on unemployment figures in ...
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Motor racing-Formula One Monaco Grand Prix 1st free practice ...
May 23 (Infostrada Sports) - 1st Free Practice Session from the Formula One Monaco Grand Prix at Circuit de Monaco on Thursday 1. Nico Rosberg (Germany) Mercedes 1:16.195 2. Fernando Alonso (Spain) Ferrari ...
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Deals of the day -- mergers and acquisitions
May 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Thursday: ** Blackstone Group LP and Prologis Inc have agreed to buy a portfolio of 17 million square feet of warehouse and distribution ...
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UPDATE 1-Caixabank may sell 10 pct of Mexicos Inbursa
MADRID, May 23 (Reuters) - Spain's Caixabank said on Thursday it was considering selling around 10 percent of Mexico's Grupo Financiero Inbursa, worth $1.6 billion, to reduce its stake by half. Spain's biggest domestic lender has close business ...
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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 ...
San Diego Digest
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San Diego home to important wildlife refuge and treatment group
San Diego is home to an important wildlife group helping to balance the disorder created through the city’s rapid growth over the last few years in a part of the country that previously belonged to the wild, but it needs the constant help of the public.
San Diego is a major city, the eighth biggest in the US and second largest in California and the County Seat of San Diego County. Its economy is supported by several major industries such as defense, manufacturing, real estate and tourism and yet the 1.3 million people who live here share their city with a number of species of wildlife that have been displaced, endangered and disrupted in various ways by the ongoing growth and development in the city. Read more
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