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Mexican Lawmakers Restrict Campaign Broadcasts
 Adam Thomson
Mexico's Senate this week approved constitutional changes to the country's electoral laws that stand significantly to reduce the airtime political parties and candidates can use during campaigns.
Mexican President Vetoes Biofuel Law
 Arturo Barba
Mexican president Felipe Calderón has vetoed a bioenergy law to establish biofuel production in the country, saying that it focuses too much on maize and sugarcane production.
US Real Estate Woes Make Their Way to Mexico
 Marla Dickerson
The ripples of the U.S. real estate boom began washing up on the shores of Mexico a few years ago. Buyers, feeling flush from the steep run-up in housing values stateside, pulled equity from their primary homes and snapped up vacation properties as if they were buying $10 lobster dinners. Now, greed has turned to regret for some.
Dollar's Retreat Raises Fear of Collapse
 Carter Dougherty
Finance ministers and central bankers have long fretted that at some point, the rest of the world would lose its willingness to finance the United States' proclivity to consume far more than it produces - and that a potentially disastrous free-fall in the dollar's value would result.
Mexican Congress Gives Final Approval to Tax Reform
 Miguel Angel Gutierrez & Jason Lange
Mexico's Congress approved a landmark tax overhaul on Friday, handing President Felipe Calderon a major legislative victory and Mexico its biggest economic reform in a decade.
Mexico Mortgage Debt Sales to Resume, Credit Suisse Banker Says
 Valerie Rota
Mexican residential mortgage-backed debt sales will probably resume in October as credit markets recover after a two-month slump, said Ricardo Fernandez, head of debt capital markets at Credit Suisse Mexico.
Amero's Nothing But a Gag Coin
 Jim Landers
There's a phony story going around about a mythical currency that's supposed to replace the dollar called the "amero." The idea of a common currency for Mexico, Canada and the United States has floated around in think-tank circles since the North American Free Trade Agreement came into effect in 1994.
Mexico Bombing Crimps Auto Production
 Alejandro Bodipo-Memba
The bombings that severely damaged natural gas pipelines in Mexico have halted vehicle production in Mexico for the Detroit Three automakers and Volkswagen AG, according to reports.
Mexico Congress Committee Passes Company Tax
 Reuters
Mexican lawmakers approved a minimum tax rate on companies on Wednesday, the main part of a tax reform bill sought by President Felipe Calderon. The lower house finance committee set the rate at 16.5 percent in 2008 rising to 17.5 percent by 2010, the chamber said in a statement.
Latin American Markets: Stocks Hurt As Shadow Looms Over Possible US Rate Cut
 Dow Jones
Latin American equities fell early this week, succumbing to pressure stemming from comments by U.S. Federal Reserve officials that cast doubt on the possibility of an interest-rate cut next week.
SEC Charges Grifters Behind $428M Scam
 Colin Dodds
The SEC has filed charges against the perpetrators of a gigantic, $428-million securities fraud that ripped off thousands investors all over the United States. Its case, filed in federal district court in Chicago, charges 26 defendants with running the gargantuan fraud, which employed bogus securities called "Universal Leases."
New Ad Plan for Las Vegas Set
 Ryan Nakashima
Las Vegas tourism officials will reveal Tuesday a roadmap that outlines a strategy over the next three years to attract visitors from other countries who have shied away from the United States since the 9/11 attacks.
The Corn Supremacy
 Hugh Dellios
Over thousands of years, it has gone from humble weed to worldwide staple, alternative fuel and now potential medicine. But as the crop's value has grown, so has its challenges.
Promoting Puerto Vallarta's South Side
 Adriana Romero
Presidente Intercontinental Hotel General Manager Félix Ruano recently hosted Grupo Sur's first Round Table meeting, a series of monthly luncheons organized to promote tourism while protecting the environment on the South Side of Puerto Vallarta.
Mexican Peso Falls the Most in Three Weeks After U.S. Cuts Jobs
 Valerie Rota
Mexico's peso and local bonds fell after a report showing U.S. employers cut jobs last month for the first time in four years added to expectations that demand for Mexican exports will slow.
Tourism Growth Ignores Stock Market Crisis
 World Tourism Organization
The members of the International Panel of Experts that help the World Tourism Organization to publish its Barometer of trends share the opinion that the recent stock market crisis, caused by the difficulties of the most risky segment of the US housing market, has not at this stage had an appreciable effect on world tourism demand.
Few Women Executives in Mexico
 Prensa Latina
Although Mexican women have the necessary intellectual capacity, only a small percentage of them reach high management; 80 percent of the executive posts in Mexican enterprises are occupied by men, and 20 percent by women.
Billionaire Slim Launches Web Site
 Eduardo Castillo
Mexican billionaire Carlos Slim has launched his own Web site, where curious Internet users can study the musings of one of the world's richest men.
Mexico's Currency Strengthens on Expected Approval of Tax Plan
 Valerie Rota
Mexico's peso strengthened on expectations President Felipe Calderon's tax bill may be approved by legislators this week, allowing the government to increase spending on investment projects during his term.
Is a Credit Card Debt Crisis Looming in Mexico?
 Frontera NorteSur
As lenders hand out about 6,600 new plastic credit cards a day, new numbers strongly suggest that Mexico's level of consumer credit card debt is steadily sliding from the "yellow" zone into the "red" one.
Mexico Congress May Approve Tax Proposal This Week, Larios Says
 Patrick Harrington
Mexican lawmakers may agree on changes to President Felipe Calderon's tax plan tomorrow, enabling Congress to approve it as early as the end of this week, said Hector Larios, head of Calderon's National Action Party in the lower house.
Mexico's Banks Seen Weathering Global Credit Crisis
 Noel Randewich
Mexico's banks, mostly owned by foreign heavyweights, are in good shape to weather a U.S. credit crisis and are unlikely to import serious financial problems into the wider economy.
The Villa Group Names David Kuhn Corporate Director of E-Commerce Sales & Marketing
 Dawna Robertson
The Villa Group recently announced the appointment of David Kuhn to the position of Corporate Director E-Commerce Sales & Marketing for its resort properties in Puerto Vallarta, Nuevo Vallarta, Cabo San Lucas and Sierra Madre.
U.S. Mortgage Woes Leave Poor Homeowners Adrift
 Abid Aslam
The prospect of widespread dispossession is prompting closer scrutiny of U.S. mortgage lenders and calls for regulators to help poor borrowers, not big banks.
Doctors Offering No-Interest Loans to Patients
 Milt Freudenheim
Zero-interest financing, a familiar sales incentive at car dealerships and furniture stores, has found its way to another big-ticket consumer market: doctors’ and dentists’ offices.
GE Money's Mexican Unit Expects Dollar-Based Mortgages to Surge
 Valerie Rota
GE Money, the financing arm of General Electric Co., expects mortgage loans to U.S. citizens buying homes in Mexico to almost double by 2008 as more baby boomers cross the border to spend their retirement years.
More Sugar for Ethanol
 Alan Guebert
In the down-is-up world of American biofuels, success carries enormous costs. The latest evidence of these costs is an amendment tucked into the House version of the 2007 Farm Bill: As Mexican granular sugar flows into the U.S. in 2008, the U.S. Department of Agriculture will oversee a supply-balancing program where the extra sugar can be purchased, at government-subsidized prices, by American ethanol makers.
Mexico's Banamex To Co-Finance Home Loans With Government Fund
 Anthony Harrup
Mexican banking group Banamex said this week it signed an agreement with the government workers housing fund Fovissste to co-finance the acquisition of homes by public-sector workers.
Hispanics' Hard Times Hit Wal-Mart
 Kris Hudson & Ana Campoy
The world's biggest retailer by sales has increasingly relied on purchases by Hispanic shoppers both in the U.S. and in Mexico to fuel its sales growth. Now, with U.S home construction down precipitously from a year ago, Wal-Mart's Mexico arm has seen slower sales growth as customers spend less.
Are Canadian Companies Really Taking Advantage of the Huge Potential of the Mexican Market?
 Mark Borkowski
I had the pleasure of meeting Mr. Ramon Ruiz at an Opportunities Ontario Seminar, sponsored by the Ontario Government. Ramon is a professional sales Coach and consultant now working in Canada In our discussion, he stressed that for many Canadian businesses, it's time to re-think their approach to Mexico.
Democratic Presidential Contenders Trash NAFTA
 Tim Harper
When U.S. President George W. Bush stood beside Prime Minister Stephen Harper this week extolling the benefits of NAFTA, he was pumping up a trade pact that is under increasing pressure here.
Great News for Canadians! MEXLend Now Offering Mortgages for Canadian Citizens
 Patrick Harrison
Puerto Vallarta based MEXLend, an industry-leading mortgage broker in Mexico, recently announced two new mortgage programs that make it easier for Canadian citizens to purchase their dream home, villa or condo in Mexico.
Slim Wields His Mexico Monopoly in Brazil Market
 Romina Nicaretta
Carlos Slim, whose telephone monopoly in Mexico helped make him the world's richest man, is using legal loopholes to add customers in the faster-growing Brazilian market.
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