Latest Mexico News
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Popocatepetl Volcano Erupts Ash Could Reach Mexico City
Popocatepetl, the second highest peak in Mexico, has erupted once again and is spewing ash that could reach Mexico City, which is 40 miles away. The volcano shot chunks of rock into nearby towns and witnesses say the smoke and ash plume rose at least four kilometers into the air. Residents may be evacuated if the eruptions continue, but everyone in the area has been on standby since mid-May, ...
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VIDEO Popocatepetl shoots ash cloud toward Mexico City sparks volcanic alert
Popocatepetl view from Amecameca, Mexico. The volcano shot a plume of ash and gas into the air, putting Mexico City on alert for an ash cloud. Wikimedia ...
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UPDATE 3-US natural gas futures edge up with hot weather forecasts
* U.S. Northeast, Midwest expect hotter weather * Outlook for Texas and the South still fairly mild * Coming up: Reuters natgas storage poll on Wednesday By Joe Silha NEW YORK, June 18 (Reuters) - U.S. natural gas ...
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UPDATE 3-Brazil mine bill would double top royalty rate
* Bill to require rights to be developed or lost * Introduces auction system for some mining prospects * Vale CEO says would have "major impact" on companies By Jeb Blount RIO DE JANEIRO, June 18 (Reuters) - Brazil, a major producer of iron ore, gold, copper and other metals, unveiled a long-awaited bill to reform its 46-year-old mining code on Tuesday, proposing a doubling of the ...
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NOAA Partners Predict Possible Record-setting Deadzone for Gulf of Mexico
Scientists are expecting a very large "dead zone" in the Gulf of Mexico and a smaller than average hypoxic level in the Chesapeake Bay this year, based on several NOAA-supported forecast models. NOAA-supported modelers at ...
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Mexicos Tech Startups Look To Overcome Barriers To Growth
Enrique Lima is a co-founder of Publish 88, a Mexican startup that develops software for publishing companies. In the past decade, Mexico's tech industry has flourished, growing three times faster than the global average. Most of that growth has been fueled by demand from the United States. But as Mexico's startups strive to make it in foreign markets, they say they need ...
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Mexican Privatization Could Bolster Dividends
September , Mexico will vote on whether or not to privatize Pemex and allow for foreign investment in Mexico's declining petroleum sector. This is a great idea for Mexico and one of the reasons why Mexican President Pena Nieto won the election. This won't just help Mexico, it will also help the US, as most of that oil will be shipped north to refine and use. This increases ...
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Brazil-Mexico Preview Selecao gunning for semi-final berth
Luiz Felipe Scolari is spoilt for choice ahead of Brazil's second Confederations Cup game against Mexico at the Castelao. With the Selecao in fine form during their comprehensive 3-0 victory in Group A's opener against Japan, and star player Neymar expected to shake off a minor knock picked up in the game, the 64-year-old's main concern is deciding if to change a winning ...
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FBI NYPD announce reward in 2008 bombing of recruiting station
The FBI and the New York Police Department Tuesday announced a reward of as much as $65,000 for information in a 2008 Times Square recruiting station bombing. The March 6, 2008, bombing of the Armed Forces Recruiting Station remains unsolved, the FBI said in a statement released Tuesday with a previously unpublicized video of the suspected attacker arriving, leaving the bomb and departing on a ...
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UPDATE 1-Western Union sees $500 mln online revenue by 2015 - CEO
Tue Jun 18, 2013 2:07pm EDT * Digital revenues currently just 3 percent of total * Africa one fifth of Western Union global business By Chijioke Ohuocha LAGOS, June 18 (Reuters) - Western Union Co expects revenue from its digital business to grow to $500 million by 2015, from $150 million currently, its chief executive said on Tuesday. Chief Executive Hikmet Ersek told reporters during a visit ...
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Edgy Filmmakers Star at Cine Mexico
A political thriller that would make Oliver Stone proud. Youth angst, cutting edge documentaries and the broken dreams about coming to America. It's all there and more in Tucson's Cine Mexico, a five-day movie festival with films from some of Mexico's most daring, young filmmakers. Now in its eighth year, Cine Mexico Tucson returns with some of the best of Mexico's ...
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Reports 236 Oil Gas Sites in New Mexico Failed Inspections
About 85 percent of 276 oil and gas well sites inspected in southeastern New Mexico over the past six weeks have failed to pass after-the-fact electrical safety inspections. Correction notices were issued to those sites that received a ';failed'; grade. None has been ordered to stop operations. The Albuquerque Journal reported that Gov. Susana Martinez’s office had called for ...
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EMERGING MARKETS-Brazil stocks erase early losses as Vale supports
* Vale shares rise on mining law announcement * U.S. Fed beginning policy meeting, bond-buying program eyed * Brazil Bovespa nearly flat, Mexico IPC up 0.61 pct By Asher Levine SAO PAULO, June 18 (Reuters) - Brazilian stocks erased early losses on Tuesday after the announcement of a new mining code led shares of iron-ore mining giant Vale higher, though investors remained cautious over a ...
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Political Risk Is Crime Rising In Mexico City
, "two masked men came and just started shooting." Although some residents worry that the recent increase of violent incidents that appear to be connected to organized crime, could undermine Mexico's City's success story, many analysts continue to view Mexico City's community-focused police program as an adequate buffer from a regression to the sort of crime wave they ...
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Mexican cat draws support for mayoral run
Fed up with politicians they call "rats," a group of friends in the eastern Mexican city of Xalapa have put forward their ideal candidate for mayor: a cat named ...
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EMERGING MARKETS-Mexico peso slips before Fed meeting auctions bolster real
* Mexican peso falls as investors exit some markets * Real gains as Brazil auctions off currency swaps SAO PAULO, June 18 (Reuters) - Mexico's peso weakened for a third straight day on Tuesday as some investors exited positions in local bond and other markets ahead of a key U.S. Federal Reserve policy meeting this week. Investors are awaiting signs of how long the Federal Reserve will decide ...
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Mexico Tourism picture is brightening for Mazatlan
But recent infrastructure changes, coupled with an overhaul of Mazatlan’s police force, have quieted fears. Now the Mexican Riviera city has just had its best spring season ever and is poised to have a record-breaking summer season, according to tourism bureau statistics. The ...
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UPDATE 1-U.S. natgas futures edge higher heat backs more gains
* Front month well above recent 3-month spot chart low * Nuclear power plant outages remain above normal * Tropical depression to move over Bay of Campeche * Coming up: EIA natgas storage data on Thursday By Eileen Houlihan NEW YORK, June 18 (Reuters) - U.S. natural gas futures edged higher early on Tuesday, extending Monday's nearly 4 percent gain, as forecasts for hotter weather across ...
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Mexicos Maxcom negotiates prepackaged bankruptcy
MEXICO CITY, June 18 (Reuters) - Mexican telecommunications company Maxcom said on Tuesday that it was seeking to negotiate new capital and a restructuring through a so-called prepackaged bankruptcy process in U.S. ...
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Now the yen is joining in the battering of emerging markets
Tue Jun 18, 2013 9:12am EDT * Recent yen rise hits demand for emerging market assets * Volatility jumps as Fed seen withdrawing stimulus * Large outflows from Japanese investors yet to materialise By Sujata Rao LONDON, June 18 (Reuters) - Wild exchange rate swings in the yen are giving investors an added incentive to sell holdings of the emerging debt that not so long ago was billed as one of ...
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New Mexico woman unmasks robber to find grandson police say
ALBUQUERQUE, N.M. – Police say a New Mexico woman who confronted a masked intruder in her home stumbled upon a shocking discovery when she ripped off his disguise -- the robber was her grandson. KRQE-TV reports that 22-year-old Thomas Clark is facing robbery charges after police say he stole his grandmother's purse during a bizarre robbery at an Albuquerque home. ...
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Tropical depression heads toward southern Mexico
MIAMI, FL (AP) - Forecasters said a tropical depression is expected to bring at least three to five inches of rain to parts of Guatemala, Belize, Honduras and southern Mexico. The National Hurricane Center in Miami said the Atlantic season's second tropical depression formed Monday off Belize and was moving early Tuesday over parts of Belize and northern Guatemala. At 4 a.m. Tuesday, it ...
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Huge Mexican volcano eruption hurls burning ash into the sky
Thrills&Spills Mexico's active Popocatepetl volcano has registered a massive explosion spewing ash and incandescent rock almost 4 kilometers high. Authorities have warned that winds could blow the ash cloud as far away as Mexico ...
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Offshore oil industry experiments with remote control
Tue Jun 18, 2013 4:14am EDT * BP controlling wells at Valhall offshore field from land * Other oil companies considering following suit * Norway is testing ground for new method By Gwladys Fouche and Nerijus Adomaitis OSLO, June 18 (Reuters) - Oil and gas companies are moving their control of some offshore platforms to offices on land to cut costs and improve efficiency, but labour unions say ...
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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