Latest Mexico City News
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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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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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Rally Ends at U.S. Border as Mexico Canada Trail Most Since ’98
Mexican and Canadian stocks are returning the least in 14 years versus the Standard & Poor's 500 Index, a break from a history of matching or beating the benchmark gauge since the countries formed a free-trade agreement in ...
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UPDATE 1-Caixabank may sell 10 pct of Mexicos Inbursa
Thu May 23, 2013 3:31am EDT 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 ties with tycoon Carlos Slim who controls Grupo Financiero Inbursa, Mexico's sixth-largest bank by ...
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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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Tom Marshall Pressure on as Mexico City rivals clash in promising Liga MX final
America coach Miguel Herrera hops, skips, jumps, shouts and is regularly sent off from the bench by officials. His Cruz Azul counterpart Guillermo Vazquez is a portrait of calmness.The two couldn't be much different as personalities, but are actually good friends from their playing days together at Neza. Because of that, the press build-up to Thursday's Liga MX final first leg has been ...
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Black activist sprinters fire burns years after Mexico City Olympics
The look was for the fire. Maybe now it would be just a spark inside John Carlos, a flicker, a remnant of the passion that so shocked the Olympics and the world 45 years ago. Time can be the great magician, reducing what once was so damn important to a mere trickle of whatever and a shrug of whaddya gonna do. The man who raised a black-gloved clenched fist in silent protest in Mexico City, would ...
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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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Mexico vs. Nigeria Tickets Cheap Concert Tickets has Slashed Prices on Mexico vs. Nigeria Tickets at Reliant Stadium ...
Cheap Concert Tickets has slashed pricing across the board on all tickets for the forthcoming match between Mexico and Nigeria at Reliant Stadium. Soccer fans can use the exclusive customer appreciation promo code SOCCER for special savings on Mexico vs. Nigeria ...
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Mexico drug cartel dominates torches western state
LA RUANA, Mexico (AP) — The western Mexico state of Michoacan is burning. A drug cartel that takes its name from an ancient monastic order has set fire to lumber yards, packing plants and passenger buses in a medieval-like reign of terror.The Knights Templar cartel is extorting protection from all sorts of businesses, prompting a backlash in the western agricultural state. Some communities ...
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Coca-Cola FEMSA Announces 10 Year Bond Issuance in Mexican Market
KOF "Coca-Cola FEMSA" or the "Company"), the largest Coca-Cola franchise bottler in the world, announced the placement of peso denominated bonds ("Certificados Bursátiles") in the Mexican market. KOF issued Ps. 7,500 million in a 10 year bond at a yield of 5.46%. The coupon for the 10-year bond represents the lowest ever achieved by a corporate issuer in the ...
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Coulter When did we vote to become Mexico
Pre-1965 immigrants were what made this country what it was for a reason: They were the pre-welfare state immigrants. From around 1630 to 1966, immigrants sank or swam. About a third of them couldn’t make it in America and went home — and those are the ones who weren’t rejected right off the boat for being sick, crippled or idiots. That’s why corny stories of ...
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EMERGING MARKETS-Mexico stocks sink to 8-month low on Fed fears
By Gabriel Stargardter MEXICO CITY, May 22 (Reuters) - Mexican stocks plunged to their lowest level in more than eight months on Wednesday, after U.S. Federal Reserve Chairman Ben Bernanke said the Fed could scale back the pace of bond purchases at one of its "next few meetings." Early in the session, the release of minutes from the last Federal Reserve policy meeting seemed to suggest ...
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Uninsured Texans Seek Health Care In Mexico As Their Governor Resists Medicaid Expansion
article from Tuesday shines a light on what, exactly, most Republican governors’ refusal to expand Medicaid will mean for real Americans by examining poor communities in a state headed by one of Obamacare’s most ardent critics: Gov. Rick Perry (R-TX). The piece centers on particularly destitute populations in southern Texas, where some uninsured residents are so poor, sick, and ...
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Fitch ratifica la calificacion de Atizapan de Zaragoza Estado de Mexico en BBB-
Fitch: Recession Concern Dampens European Investor Sentiment An increasing number of investors expect fundamental credit conditions will deteriorate across sectors, according to a Fitch Ratings investor survey. The more circumspect sentiment was most notable for the sovereign segment, where the proportion of survey respondents anticipating worsening conditions more than doubled to 55%, from 24% ...
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Entrenched Mexico drug mafia vigilantes battle for control of agricultural Michoacan state
In this May 20, 2013 photo, a man on a motorcycle drives past the burnt-out hulks of two trucks and a passenger bus, allegedly torched by the Knights Templar drug cartel as a warning to anyone who tries to bring reinforcements, near the town of Buenavista, Mexico. A drug cartel that takes its name from an ancient monastic order has set fire to lumber yards, packing plants and passenger buses in ...
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Video Volcanos rumbles may signal coming to life
A plane carrying 140 people caught on fire when landing at an airport in Moscow, Russia. No one was injured. Video shows passengers fleeing the aircraft via emergency exits, then jumping from the wing, while firefighters attempt to extinguish the ...
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Youth Festival to Be Celebrated in Sinaloa Mexico
Mexico, May 22 (Prensa Latina) The 2013 Youth Festival of Pop and Rock Music will be held since Wednesday, up to Friday, in six cities of the Mexican state of Sinaloa. The event will count on the participation of 20 groups in 36 concerts in auditoriums and public places. The venues will be Culiacan -the capital of Sinaloa- Los Mochis, Mazatlan, Guasave, Guamuchil and El Fuerte. In the opening ...
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Mexicos stocks down 1 pct briefly touch 8-month low
MEXICO CITY | Wed May 22, 2013 3:03pm EDT MEXICO CITY May 22 (Reuters) - Mexico's IPC stock index briefly sank on Wednesday to an eight-month low beneath the key 40,000-point level for the first time since September 2012. The index dipped to the low after U.S. Federal Reserve Chairman Ben Bernanke warned of the risks of holding interest rates too low for too long. The IPC last ...
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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