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Investment Money Pours in from Mexico
 Marla Dickerson & Jerry Hirsch
Mexican money is making a run for the border — the northern border. Gruma, the world's largest tortilla company, unveiled plans Friday to build a major factory in Panorama City, part of a growing influx of Mexican spending in the U.S.
New Study Says Stay at Home Mom's "Worth" Almost 140K
 Kimberly Greene
With Mother's Day just around the corner, a new study shows some very interesting facts about stay at home mothers and mothers who work out of the home.
Mexico Hikes Rates in Surprise Attack on Inflation
 Greg Brosnan & Jason Lange
Mexico tightened monetary policy for the first time in two years Friday, catching economists off guard with a surprise interest rate hike aimed at heading off inflation just as it seemed to be cooling.
US Housing Slump Hits Home in Mexico
 Marla Dickerson
The $23 billion that maids, cooks, gardeners and others sent home last year - almost all from the U.S. - topped the amount that multinationals invested in Mexico. But fallout from the U.S. construction industry, which employs 1 in 5 Latino immigrants, is now rippling south of the border.
Mexican Government Renews Tortilla Price Accord
 Adriana Barrera
Mexico's government renewed a deal with retailers and producers on Wednesday to cap prices of the food staple tortilla to control inflation and placate angry consumers.
6 Ways To Invest In Mexico's Growth
 Stockerblog
According the the CIA World Fact Book, Mexico is the 13th largest economy in the world as measured in Gross Domestic Product in purchasing power parity. The World Bank considers the Mexican economy to be an Upper-middle-income economy and they have the highest per capital income in Latin America.
Who's Mexico Gonna Call? Carlos Slim Helu
 Reinhardt Krause
Carlos Slim Helu is one of the world's richest men because he made the tough call: trying to gain control of Mexico's national phone company in 1990.
Mother's Day Worth $15.7 Billion to Retailers
 Dave Burge
Local and national retailers are counting on U.S. consumers to express their love for mom by spending some money. The National Retail Federation forecasts that consumers will spend $15.73 billion on Mother's Day this year, up from the estimated $13.83 billion spent in 2006.
Keller Williams Realty's to Tour El Encanto in Punta Mita
 PRWEB
The International Premier Properties Team of Keller Williams Realty, based in Houston, Texas, will lead an Agent tour of the El Encanto en Punta Mita luxury resort development, located just west of Puerto Vallarta, Mexico, during May 3rd through May 5th, 2007.
Fruit Growers Expect to Double the Number of Mexican Pickers
 Joanne Lee-Young
B.C. fruit growers facing a shortage in apple and cherry pickers expect to double the number of temporary workers from Mexico this year. At the same time, however, they are emphasizing efforts to develop local sources of labour.
Travel Agents Welcomed with Special Rates at The Villa Group Resorts
 hospitality-1st.com
To show its appreciation to travel agents, The Villa Group Resorts is offering special rates to agents at its portfolio of properties in Cabo San Lucas, Nuevo Vallarta and Puerto Vallarta, Mexico.
High Prices Do Not Necessarily Mean High Profits
 Carson Varner
Timers older than I talk of the corn husker era, when a farmer might pick, shuck but not shell 60 bushels or an acre of corn in a day. Today, on that same 170-bushel-acre, inside a $300,000 combine, the work is done in minutes.
Mexico Must Encourage an Entrepreneurial Culture
 Allan Wall
At the outset, the entrepreneur does not know whether his venture will succeed or fail. But when it does succeed, it creates more jobs for his fellow citizens, which is what Mexico sorely needs.
3.2 Million US Manufacturing Jobs Not Coming Back
 Martin Crutsinger
Laid off from their jobs assembling trucks at Freightliner's plant in Portland, 800 workers joined a long line of U.S. manufacturing workers who have lost jobs in recent years. A total of 3.2 million - one in six factory jobs - have disappeared since the start of 2000. Many people believe those jobs will never come back.
Paulson to Meet Mexico's Calderon
 Reuters
U.S. Treasury Secretary Henry Paulson will travel to Mexico City next week to meet with President Felipe Calderon and other top government officials to underscore his support for their economic policy agenda.
Mexico Central Bank Urges Renewal of Tortilla Pact
 Reuters
Mexican central bank governor Guillermo Ortiz this week urged the government and food companies to renew price caps for tortillas that have acted as a buffer against inflation.
Free Trade & Mexican Workers: Recipe for Disaster
 Gina-Marie Cheeseman
Touted as a means to lift Mexico out of poverty, NAFTA has actually driven it further into poverty. According to the Economic Policy Institute’s 2001 report, “Mexican wages have decreased 27% since NAFTA, while hourly income from labor is down 40%.”
Mexico's Televisa has Eyes on Satmex Satellite
 Reuters
Televisa said it is interested in buying Satmex, a move that could return it to the satellite business, cut transmission costs and strengthen the Mexican broadcaster's footprint from Canada to Argentina.
Scotiabank Offers Yacht Loans in Mexico
 Reuters
Help is on the way for well-heeled Mexicans who want to buy a flashy speedboat or yacht but are short on cash. Canada's Scotiabank has started to offer loans to wealthy Mexicans in the first credit program of its kind in the Latin American country.
Calm Seas Ahead for Cruising Stocks
 Stockerblog
These are just a few stock opportunities to climb on board the cruising stock industry. Hopefully there won’t be choppy seas for these stocks, but will instead be a Bon Voyage. Here they are.
Mexican Economy Seen Hit by US Slowdown
 Greg Brosnan
Slowing U.S. demand for manufactured exports is forcing Mexican factories to scale back production, and may push Mexico's economic growth well below the government forecast for the year.
Citigroup Downgrades Mexico to Underweight
 MarketWatch
Citigroup has downgraded the surging Mexican stock market to underweight from neutral, citing market overreaction to the recent passage of pension reform, high company valuations and the country's slowing economy.
Mexico Industrial Output Flat, Fuels Economy Fears
 Greg Brosnan
Mexican industrial output was unchanged in February from a year earlier as even the booming construction sector slid, surprising analysts who had expected a rise and fueling concerns about a slowing economy.
Event Planning Means Millions for Banderas Bay
 Patrick Harrison
Led by industry-leader EM-Vallarta, the Puerto Vallarta event and wedding planning business is booming in the Banderas Bay area. Last year, PV played host to approximately 175 weddings, bringing an estimated 14,000 additional visitors to the area.
Warning on IMF Intentions in Mexico
 Prensa Latina
The recent recommendations given to Mexico by the International Monetary Fund so Mexico can foster reforms in the energy sector only bring prejudices for the country, assured Mexican former presidential candidate Andres Manuel Lopez Obrador Saturday.
US Labor Confronts Global Warming
 Jeremy Brecher, Tim Costello & Brendan Smith
Labor will confront critical issues related to control of global warming to which it must respond at the bargaining table and in the public policy arena.
FTAA Unlikely to Become Reality Soon, Mexico Says
 Koya Ozeki Yomiuri Shimbun
Mexican Economy Secretary Eduardo Sojo said the U.S.-led Free Trade Area of the Americas scheme is likely to remain stalled in the foreseeable future as negotiations between the United States and the leftist-dominated South America on the issue have been deadlocked for the past few years.
Forbes: Carlos Slim Now 2nd Richest Man
 Mark Stevenson
Mexican telecom magnate Carlos Slim has quietly overtaken investor Warren Buffett as the world's second-richest man and is close to wresting the top spot from Bill Gates.
Cemex Makes "Best and Final" Offer for Rinker
 Newswire
Rinker Group announced that Cemex has agreed to lift its cash takeover offer from US$13.00 to US$15.85 per Rinker ordinary share. The higher price represents an increase over the original bid price of US$2.85 or 22%, or an increase of US$2.98 or 23%.
Mexican Discount Airlines Lead '06 Traffic Growth
 Reuters
Mexico's domestic air passenger traffic grew 12 percent in 2006, while new discount airlines took business from stagnating flagship carriers and the government grounded several mid-sized operators.
The Myth of the Risky Sub-Prime Borrower
 Mark Winston Griffith
Money lending institutions have tarred entire segments of the population as credit unworthy through the mortgage industry's own discriminatory, irresponsible - and now reckless - behavior.
Exploring Mexico Export Opportunities
 Jan Norman
Karen Zens, the U.S. Commerce Department's highest ranking trade official in Mexico, was in Newport Beach recently to meet with about 20 companies to remind them that our southern neighbor is one of the best markets for novice exporters.
Mexican Companies Conceal Accidents
 Prensa Latina
There are around 500,000 annual industrial accidents in Mexico, but the companies conceal 30 percent of them, a report published on Friday revealed. Mexican Social Security (IMSS) data established at least 150,000 accidents that the country's entities do not report.
Mexico Strives to Save Oil Field
 David Luhnow
In March 1971, a fisherman named Rudesindo Cantarell took a few geologists from state-run oil company Petróleos Mexicanos to a spot where he had seen oil slicks. Cantarell didn´t know it, but he had stumbled across one of the largest offshore oil fields ever found.
A Look into Latin American Markets: Mexico
 Kimberly DuBord
Over the last year, the Mexican Bolsa Index has outperformed three of the four "BRIC" countries widely touted for their growth prospects. Only the Shanghai exchange, returning a breakneck 138%, has outpaced the Bolsa.
Peso Hits Six-Week High on US Housing Data
 El Universal
The peso rose to a six-week high after a report showed sales of previously owned homes unexpectedly rose in the U.S., buoying optimism the world´s biggest economy will increase purchases of Mexican goods.
Mexico Expects Economic Growth
 Associated Press
The Mexican Finance Ministry expects the economy to accelerate in 2008 after a slowdown this year, according to a preliminary outline of the 2008 budget sent to Congress.
Cross-Border Finance: Mortgage Docs Without Borders
 John Adams
A home lender and technology firm team up to help U.S. citizens buy homes south of the border. With prices in sunny Mexico a fraction of Florida, they might be onto something.
Doing Business In Mexico
 Cliff Risman
This article is intended as an overview of major issues that may impact hospitality transactions in Mexico. Of course, each transaction is unique, but these issues are common hurdles foreign investors encounter when doing business in Mexico.
Fiscal Reform in Mexico
 Latin Business Chronicle
Officials in the government of Mexican President Felipe Calderon are hopeful the country's Congress will approve fiscal reform by September. Do you think Congress will pass the reform? What needs to be done to make the Mexican government fiscally healthy?
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