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 Business News 
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Emigration Limits Available Work Force in Mexico
 Frontera NorteSur
A recent article by Mauricio Farah Gebara, representative of Mexico's official National Human Rights Commission, suggests that the massive emigration which has uprooted entire Mexican communities could be holding back his country's economic development.
Hispanics Vulnerable to Predatory Lending
 Jennifer Delson & Christopher Goffard
Apart from the language barrier, many first-generation immigrants might have been especially vulnerable to subprime lending because they avoided checking accounts and credit cards, which prevented them from qualifying for regular loans.
Mexican Ambassador Upbeat on Trade
 Louie Gilot
During his first visit to El Paso last weekend, Arturo Sarukhán said the tri-national treaty was not the unmitigated success certain politicians envisioned but was certainly not the "giant sucking sound" of jobs to Mexico that Ross Perot had predicted.
US Income-Inequality Gap Widens
 Greg Ip
The richest Americans' share of national income has hit a postwar record, surpassing the highs reached in the 1990s bull market, and underlining the divergence of economic fortunes blamed for fueling anxiety among American workers.
Grupo Mexicana Says It Will Fight to Buy Aeromexico, Despite Antitrust Rejection
 Traci Carl
Mexicana airlines said Friday that opposition from Mexico's antitrust regulators will not stop its bid for rival carrier Aeromexico. The Federal Competition Commission said Thursday it would not allow Mexicana to buy Aeromexico because it would give the combined company too much market dominance.
Judge Suspends Key Bush Effort in Immigration
 Julia Preston
A federal judge in San Francisco ordered an indefinite delay this week of a central measure of the Bush administration's new strategy to curb illegal immigration, saying the government had failed to follow proper procedures for issuing a new rule that would have forced employers to fire workers if their Social Security numbers could not be verified within three months.
'The Top 30 Projects in Mexico - Over $25 Billion in Project Value' The Second Annual Mexico Infrastructure Leadership Forum
 PRWEB
The 2nd Annual Mexico Infrastructure Leadership Forum, presenting Mexico's Top 30 strategic projects, will take place October 24-25 in Guadalajara, Mexico. Sectors will include transportation and highways, urban mass transit, oil & gas, water & wastewater, and electricity.
Mexican Baker Bimbo Considers Raising Bread Prices
 Reuters
Mexico's Grupo Bimbo, the world's No. 3 bread maker, said on Tuesday it was considering raising bread prices in the last quarter of the year to offset the soaring cost of wheat.
US to Launch $1BN ‘Plan Mexico’
 Adam Thomson
The US intends to supply Mexico with a $1bn aid package to help combat an increasingly costly and violent war against drugs, according to a top Mexican diplomat.
Mexico Must Boost Competition in Telecom, OECD Says
 Patrick Harrington & Thomas Black
Mexico must do more to increase competition in the energy and telecommunications industries, the Paris-based Organization for Economic Cooperation and Development said in a report released this week.
CAFTA Faces Obstacles as US, Foreign Citizens See Downsides
 Carlos Guerra
Is "free trade" on the wane? We'll see, but U.S. trade policies face a critical vote Sunday. And polls show the referendum on the Central America Free Trade Agreement — in Costa Rica where people get to vote on such things — it is likely to be rejected by voters by a whopping 55 percent to 43 percent.
Banco Azteca to Add 85 Branches Outside Mexico
 Adriana Arai & Karla Palomo
Banco Azteca, the five-year-old Mexican bank with more accounts than any lender in the nation, plans to add 85 branches in the rest of Latin America by end of next year.
The Alarming Parallels Between 1929 and 2007
 The American Prospect
Has deregulation left the economy at risk of another 1929-scale crash? Should the Fed keep bailing out speculators? Kuttner testified on these and related questions today before the House Financial Services Committee.
Wal-Mart Set to Open Mexico Banks
 BBC News
Wal-Mart says it has cleared the final regulatory hurdle to opening its own bank in Mexico. It said that branches of the venture, to be known as Banco Wal-Mart de Mexico Adelante, may open as soon as November.
Mexico's Carstens Vows to Control Rising Prices
 Patrick Harrington
Mexican Finance Minister Agustin Carstens vowed that the government would act to control inflation should prices rise in an "unjustified" manner, attempting to deflect protests from opposition legislators.
Huge Crowds in Costa Rica Protest US Pact
 Reuters
More than 100,000 Costa Ricans, some dressed as skeletons, protested a U.S. trade pact on Sunday they say will flood their country with cheap farm goods and cause job losses.
Mexico's Economy Braced for Contagion
 The Economist
Time was when the Mexican economy moved to the rhythm of the oil price. But since the signing of the North American Free-Trade Agreement in 1992, it is the pace of industrial production in the United States that sets the beat south of the border.
The Secrets of Intangible Wealth
 Ronald Bailey
What is intangible wealth, and how on earth is it measured? And what does it mean for the world's people - poor and rich? That's where the story gets interesting.
The Sea of Cortez and Baja Peninsula Tourism Investment Summit & Real Estate Expo
 PVNN
The word is out, and investors are putting their money in Mexico’s thriving tourism sector. Looking to capitalize on this trend, Baja California will host its 2007 Meeting Point this week, packing business meetings, seminars, an exhibit area and discussion panels into three days, Oct 2 - 5.
Mexico Aims to Aid Business
 David Hendricks
Mexicans aim to boost the reach of the business-assistance centers by creating a national framework for their operations and adding incentives for the development of small- and medium-sized businesses.
Mexican Billionaire Aids the Poor
 Jenny Arvanaghi
According to Fortune magazine and The Wall Street Journal, Carlos Slim is the richest man in the world as of August 2007. Unlike most rich people of our time, Slim does not invest his money in extravagant purchases. Rather, he is very charitable.
Calderon Postpones Mexico Gas Tax to Avoid Backlash
 Patrick Harrington
Mexican President Felipe Calderon postponed a new gasoline tax and halted fuel-price increases for the rest of the year, bowing to lawmakers who said his plan to overhaul tax legislation would stoke inflation.
Toronto Launches New Tourism Campaigns in UK, Mexico
 The Canadian Press
The dollar's parity may have put a pinch in the travel plans of Americans, so Toronto tourism officials are going after people with pounds and pesos.
Hispanic Expo is Opportunity for Networking
 Alejandro Bodipo-Memba
Nationally, Hispanic consumers are projected to have $928 billion in spending power by the end of this year. The U.S. Hispanic population will be the third-largest economy - bigger than those of Canada and Mexico - by 2010, according to U.S. census data.
Jeffrey Hornberger in New NAR Post
 John K. Glaab
For more than a decade, Jeffrey Hornberger served as International Market Development Manager for the National Association of Realtors (NAR). During that time, he was successful in various projects in Mexico, Brazil, Panama and Spain.
Outsourcing Works So Well, India Is Exporting Jobs
 Anand Giridharadas
One of the constants of the global economy has been companies moving their tasks — and jobs — to India. But rising wages and a stronger currency here, demands for workers who speak languages other than English, and competition from countries looking to emulate India’s success as a back office — including China, Morocco and Mexico — are challenging that model.
How Do You Say ‘Got Milk’ en Español?
 Cynthia Gorney
John Gallegos is a publicista - an adman. He runs a 60-person agency called Grupo Gallegos in Long Beach. His agency wins awards for its commercials, which are funny, edgy and require translating into English when international judging committees study them.
People Shouldn't be Main Export
 Bloomberg News
An hour's drive south of Mexico City, Cuernavaca doesn't seem the best place to glean insights about Asia's outlook. Yet the city of more than 1 million people is ground zero in Mexico's attempt to do what a number of Asian nations also should: Keep more of its workers at home. Asia's future prosperity may depend on doing just that.
Los Cabos Boom Helps Mexicans Stay in Mexico
 Alfredo Corchado
Construction in Baja is booming. U.S. tourists and residents arrive in droves - buying million-dollar homes or paying hundreds for luxurious overnight hotels. The economy is growing at an average rate of 15 percent, compared with 3 percent for the rest of the country. The result: fierce competition for Mexican workers by both U.S. and Mexican employers in Cabo San Lucas and San Jose del Cabo.
Adventure Divas In The House
 Laura Gelezunas
Vallarta Adventures Tour Company in Nuevo Vallarta is stepping up its marketing efforts with the addition of an all female squad passing out flyers and special information promoting over 15 different and exciting tours.
35 Years Old is Over the Hill in Mexico
 Chris Hawley & Sergio Solache
Although slimy hiring practices are widespread in Mexico - want ads for female secretaries with "good presentation" are notorious - age discrimination is by far the most common, labor-rights groups say.
Tropicasa Realty Launches New Website
 Patrick Harrison
Tropicasa Realty has been one of the most trusted names in Puerto Vallarta real estate since 1997, and now, with their new easy-to-navigate website, finding your dream home is easier than ever!
Currency Parity Brings Canadian Shoppers South
 Doug Benz
On either side of the border, a buck is now a buck, or as Canadians call it on their side, a loonie. Coupled with high prices and high taxes for many things in Canada, the strength of the Canadian dollar is driving Canadians into the United States to shop for shoes, school supplies, gasoline, used cars and second homes.
Mexican Official Urges North American Union
 Michael Howe
At a Denver conference on intercontinental trade corridors, a Mexican mayor called for a swift move toward a European Union-style merger of the U.S., Canada and Mexico. Referring to Europe, Evaristo Lenin Perez of Ciudad Acuna told the Great Plains International Conference, "It's a model we need to follow quickly."
Oil Prices Hit Record Highs as Storm Threatens Gulf of Mexico
 Agence France-Presse
Oil prices powered to new record highs on global markets Thursday, as concerns about squeezed supplies were heightened by a storm threatening Gulf of Mexico installations. New York's main futures contract, light sweet crude for delivery in October, jumped 1.39 dollars to close at 83.32 dollars a barrel.
Bread Prices Pressure Mexican Inflation
 Associated Press
First it was tortillas, then milk, and now Mexican bread prices are going up, corroborating the central bank's persistent warnings about food prices threatening its inflation outlook.
Construction Begins on North America's Largest Resort and Retirement Community - Liberty Cove
 PR Newswire
A milestone was reached this week for the largest single real estate development in all of Mexico, as men and machinery converged to break ground at Liberty Cove.
Mexican Billionaire Opens Health Center
 BusinessWeek
Mexican billionaire Carlos Slim - by some estimates the world's richest man - opened a $500 million health institute Tuesday aimed at helping Latin America's poor.
Real Estate Investment World Latin America
 John Glaab
Real Estate Investment World Latin America is the gathering place for experienced players and new entrants in this growing market, and from Sept 26-28, twenty-seven industry sectors will be meeting at the Biltmore Hotel in Coral Gables, Florida.
UnionBanCal to Pay $31 Million to Settle Charges it Failed to Take Effective Steps Against Money Laundering
 Associated Press
San Francisco-based UnionBanCal will pay more than $31 million to settle charges that it failed to take effective measures to prevent money laundering.
Fiscal Reform Seen Positive for Mexican Markets
 Polya Lesova
A fiscal reform package approved by Mexico's lower house late this week should help fill the government's coffers and reduce the country's dependence on oil revenues, a long-term positive for Mexican markets, analysts said.
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