Latest Mexico News
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Mexican Carload Traffic Jumps 15 Percent
Association of American Railroads . This is the highest of this volume seen in 12 weeks.Combined North American carload volume, including all three North American Free Trade Agreement partners, rose 1.7 percent from the same week in 2012, and 1.8 percent week-to-week, to 381,163 carloads. The total North American carload volume for 2013 year-to-date is 0.6 percent less than in the same period in ...
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Tijuana Xolos Trying to Make History
Opinion City Heights Finds a Workaround for Streets Funding Justice for Sale, Part Two: Ignoring the Law Tijuana Xolos Trying to Make (More) History Morning Report: New Labor Leader to Stay on School Board 'Maybe We Should've ...
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Arnold Wins Avocados From Mexico
Avocados from Mexico, the newly-formed marketing agency for the produce, has selected Arnold Worldwide after a review which began with 52 agency proposals and was cut to 11 shops that presented to AFM. The Havas network beat two other N.Y. finalists, Grey and BBDO, for the integrated assignment. AFM is allocating $36 million to grow the category, which already commands more than 60 percent of ...
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Van falls into ravine in Mexico nine killed
Nine people were killed Wednesday when a van carrying at least 15 people fell into a ravine near Tianguistengo, Mexico, authorities said. The vehicle, described as a "public transport van," fell from the road in Hildago state Wednesday evening into a ravine and dropped more than 650 feet, the Mexico City newspaper El Universal said. Assistant Secretary of Civil Protection and Risk ...
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UPDATE 1-US revises meat-labeling rules to satisfy WTO ruling
(Updates with Canadian, other reactions) WASHINGTON, May 23 (Reuters) - The U.S. government will require meat packers to explicitly list the origin of beef, pork and chicken sold in U.S. grocery stores, it said on Thursday, a regulation intended to resolve years of disputes with Canada and Mexico. But Canada's agriculture minister said it will continue to fight the country of origin ...
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Slims Mexico bank Inbursa says to hold share offer for Caixa
MEXICO CITY, May 23 (Reuters) - Billionaire Carlos Slim's Mexican bank Inbursa said on Thursday that it would hold a secondary share offering on behalf of Spain' Caixabank. Caixabank said earlier that it was considering selling around 10 percent ...
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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 ...
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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