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Wave of Lawsuits Over Losses Could Hit a Wall
Jonathan D. Glater

Finding someone to sue over losses in the mortgage market and the credit crisis is easy. Winning in court, lawyers say, will be hard. Shareholders in big financial firms have accused UBS, Merrill Lynch, MBIA and Morgan Stanley, among others, of trying to hide their home loan problems, which later led to declines in their stock prices.

Mexico Votes for Fixed Prices
Barbara Casassus

The Mexican Senate or upper house of parliament has voted by a massive majority to introduce fixed book prices. The law was adopted by the Senate on 29th April by 107 votes in favour, two against and five abstentions.

Many Fret Over Getting Less Bang for Our Buck
Dean Calbreath

As the once-mighty U.S. dollar continues to sink against other currencies, some Americans are confronting the reality that their money is worth a lot less than it once was.

Mexico Says Economy Faring Well Despite US Downturn
Jason Lange & Luis Rojas Mena

Mexico's economy has yet to feel the pinch from a steep U.S. slowdown, the government said Friday, keeping its 2008 growth forecast at 2.8 percent. The U.S. downturn will hurt Mexico's economy in the second quarter but it will then start improving after mid-year.

Top 5 Mexican Real Estate Markets
Melana Yanos

As Americans struggle with the rising cost of living and a suffering housing market, investing in Mexican real estate is beginning to look muy bueno. Property prices in Mexico are significantly more affordable than in the U.S., and the forthcoming retirement of the baby boomer population is likely to create huge demand.

Mexican Tourism's Rocky Road
Oxford Analytica

Tourism has contributed significantly to Mexico's employment, foreign direct investment and economic growth over the past three decades. However, challenges and obstacles could prevent the industry from achieving its full potential.

Former Mexican President Fox Discusses Foreign Affairs, Economics in Atlanta
Joe Rauch

Former Mexican President Vicente Fox is concerned populist leaders and dictators are dragging Latin and South America countries back to nondemocratic regimes, after years of pushing for reform.

Illegal Immigrants Pay Billions in US Taxes
Associated Press

The tax system collects its due, even from a class of workers with little likelihood of claiming a refund and no hope of drawing a Social Security check. Illegal immigrants are paying taxes to Uncle Sam, experts agree. Just how much they pay is hard to determine because the federal government doesn't fully tally it.

Mexico Rebel Talks May Spur Investment
Alexandra Olson

President Felipe Calderon's decision to talk with guerrillas linked to gas pipeline explosions could encourage foreign investment in Mexico at a time when the government is pushing to open the oil industry to private partnerships, experts said this week.

Mexico Banks' March Private Sector Loans Up 21 Pct
Noel Randewich

Mexican bank lending to individuals and companies increased 21.1 percent in March over the year-ago period, the central bank reports. Bank consumer credit fell 4.7 percent, mainly because Banamex moved credit card debt off its books and into a specialized lending company called Tarjetas Banamex.

Mexico's Non-US Bound Exports Shielding Economy
Jason Lange

Mexican exporters, long dependent on American consumers, are ramping up sales to once-ignored markets such as Europe and Brazil and are helping shield Mexico's economy from a feared U.S. recession.

Immigrant Worker: No More Money to Mexico
Paul Vercammen & Harris Whitbeck

Deceleration in the U.S. construction industry resulted in $100 million less in "remittances" - money from workers in the U.S. to their relatives in Mexico - in January this year, the most recent available stats.

Mexico Widens Power Probe of Slim's America Movil
Chris Aspin

Mexico's antitrust watchdog on Wednesday widened once more a probe into monopolistic practices by telecommunications companies controlled by billionaire tycoon Carlos Slim.

Mexico's Guayabera Shirt Fights for U.S. Market
Noel Randewich

Mexican makers of the guayabera shirt, elegant business wear across tropical areas of Latin America, are feeling the heat as Asian competitors grab more of the lucrative U.S. market.

U.S. Credit Card Debt Soars to Unprecedented Heights
Heide B. Malhotra

Studies indicate that credit card defaults and related write-offs increased drastically since 2006. Today, lenders write off 33 percent more in credit card debt than they did two years ago.

How to Barter for Everything
Kay Matthews

Over the past 20 years, my husband Mark and I have bartered everything from a two-week vacation in a mountain cabin to a hernia operation for Mark. Trading our time, labor, and skills seems so much more intimate and humane then selling ourselves on the free market for money.

Sales of Secondhand Goods in Murrieta Fuel a Growing Underground Economy in Mexico
Chris Richard

Murrieta's fame as a weekend bargain center has spread south into Mexico, and, scholars think, may play a role in an international trade that extends around the globe.

Rapid Growth of Mexican MLS Contributes to Open Market
Brian Flock

The rapid growth in use of a new Internet technology over the past two years by Mexico real estate brokers has resulted in a de facto Mexican multiple listing service (MLS).

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