Latest Mexico News
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Market Update – Mexico giving ground after 42 move from the lows in June ’12
) - "Southern Texas" Weak. Why? Mexico has been in a deep swoon and has now broken the 200 day moving average support for the first time in over a ...
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5000 cave paintings discovered in Mexico
ARCHAEOLOGISTS have found nearly 5000 cave paintings made by hunter-gatherers in a northeastern Mexico mountain range where pre-Hispanic groups were not known to have existed. The yellow, red, white and black paintings depict humans, deers, lizards and centipedes, suggesting that the groups hunted, fished and gathered food, according to the National Anthropology and History Institute ...
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Kimco Divests Nine Mexican Assets
Kimco Realty Corp. (:KIM) sold 9 assets of its Mexican shopping center portfolio to a local real estate operator for 3.35 billion Mexican pesos ($274 million), which include 573 million Mexican pesos ($47 million) of mortgage debt. The move comes as a part of Kimco's effort to dispose its non-core assets. This retail real estate investment trust (:REIT) had a 47.6% interest in the sold ...
More Mexico News
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Archaeologists in Mexico discover thousands of ancient cave paintings
Archaeologists are reporting the discovery of nearly 5,000 cave paintings at 11 different sites in Mexico, likely created by early hunter-gatherers. The red, white, black and yellow images discovered near Burgos in eastern central Mexico depict humans engaged in hunting, fishing and gathering, and animals such as deer, lizards and centipedes. The paintings are as yet undated but archaeologists ...
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EMERGING MARKETS-Mexico stocks recover after three-day rout
* Weak Chinese manufacturing hurts commodities stocks * Brazil's Bovespa flat; Mexico's IPC up 0.96 pct By Danielle Assalve and Gabriel Stargardter SAO PAULO/MEXICO CITY May 23 (Reuters) - Mexican stocks rebounded on Thursday after a three-day thumping as concerns the U.S. Federal Reserve might scale back stimulus measures had pounded the IPC index. Surprisingly weak economic data from ...
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84-year-old woman charged with trafficking cocaine marijuana in New Mexico
The Cloverdale Rodeo protester who filmed another woman in the throes of a racist rant before she was allegedly beaten up and then posted it on YouTube has done this sort of thing ...
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Three Defendants Plead Guilty to Participating in Ambush Murder and Attempted Murder of ICE Agents in Mexico
WASHINGTON-Julian Zapata Espinoza, also known as "Piolin," 32, pleaded guilty today to the murder of U.S. Immigration and Customs Enforcement (ICE) Special Agent Jaime Zapata and the attempted murder of ICE Special Agent Victor Avila in Mexico. The court also unsealed today the guilty pleas of three other defendants on related murder, attempted murder, racketeering, and accessory ...
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Still no trace of B.C. man who disappeared while travelling through Mexico 16 months ago
The Cloverdale Rodeo protester who filmed another woman in the throes of a racist rant before she was allegedly beaten up and then posted it on YouTube has done this sort of thing ...
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Mexico drug cartel commander pleads guilty in murder of U.S. official
Victor Avila out of the car, said Acting Assistant Attorney General Mythili Raman of the U.S. Justice Department's Criminal Division. When the agents refused, identifying themselves as American diplomats from the U.S. embassy, Espinoza ordered the gunmen to fire on the vehicle. Zapata was killed and Avila was seriously wounded but survived, officials said. Espinoza pleaded guilty to the ...
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UPDATE 1-Mexicos Terrafina to buy Kimco properties for $600 mln
MEXICO CITY, May 23 (Reuters) - Mexican real estate investment trust Terrafina said on Thursday that it agreed to pay $600 million to acquire a Mexican property portfolio from U.S. Kimco Realty Corp and its partner American Industries. The ...
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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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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 ...
Mexico Feature
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Mexico has more to it than drugs and immigration
As Mexico’s image suffers damage abroad due to increasing levels of violence related to the drug crack-down by government, it may be helpful for Mexicans to remember that there is more to their country than drugs and immigration problems with the US. Some facts may be surprising and even shocking, especially to foreigners.
Mexico has been in the news frequently of late as the government carries out a crack-down on drug cartels and organized crime, the country’s murder rate is up, journalists have been killed for investigative reporting on drug gangs and our image internationally has generally been diminished by the tunnel vision of international news providers. Read more
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