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Record Visitors at First FESPA Mexico World Expo
 Graphic Repro
FESPA's first Latin American screen and digital printing event, FESPA Mexico World Expo, which took place 21 - 23 August 2008, attracted over 30 per cent more visitors than its predecessor imageWorld, with nearly 9,000 individuals attending FESPA Mexico.
Mexico Trims 2008 Economic Forecast on US Woe
 Associated Press
Mexico's treasury secretary said Wednesday he expects the economy to only grow by 2.5 percent by year's end. Mexico has repeatedly lowered it 2008 growth estimate as the economy in the U.S. - its chief trading partner - deteriorates.
 Stocks Tumble After Government Bailout of AIG
 Tim Paradis
Wall Street plunged again in a crisis of confidence Wednesday as anxieties about the financial system still ran high after the government's bailout of insurer American International Group Inc. The Dow Jones industrial average dropped more than 400 points, and investors seeking the safety of hard assets and government debt sent gold, oil and short-term Treasuries soaring.
FIMA Reports Construction Is Ahead of Schedule in Veracruz Project
 InterestAlert
FIMA, Inc, an emerging diversified land development company, announced today that its subsidiary, Garcia y Garcia Concreto y Diseño Arquitectónico, is ahead of schedule in the construction of two residential units in the Las Palmas neighborhood of Veracruz, Mexico.
IFC Loan to Mexico's Vertice Will Support Energy-Efficient Housing Finance
 Media-Newswire
IFC, a member of the World Bank Group, announced that it will provide long-term local-currency funding to Hipotecaria Vertice, a midsize housing finance company in Mexico, to enable it to provide energy-efficient housing solutions for low- and middle-income home buyers.
Markets Slammed by Lehman collapse
 The Real Network
US stocks were slammed on Monday after a stunning upheaval on the Wall Street landscape. The Dow Jones fell more than 504 points or 4.42 percent, the largest one-day drop since September 2001.
Dow Down 500
 Michael M. Grynbaum
The churn of a rapidly changing financial landscape left Wall Street cold on Monday, as a late afternoon sell-off sent the stock market to its worst daily loss in seven years.
Mexico's Currency Falls to Six-Month Low After Lehman Collapse
 Valerie Rota
Mexico's peso fell to a six-month low after Lehman Brothers Holdings Inc. filed for bankruptcy, reducing demand for higher-yielding, emerging-market assets.
Brazil Replaces Mexico as Citi's Top Market in Latin America
 Alexander Ragir
Citigroup Inc. replaced Mexico with Brazil as its favorite stock market in Latin America and advised investors to buy Brazilian financial, material and phone shares.
Few Safeguards for Mexican Produce Heading North
 Mark Walsh & Olga R. Rodriguez
Neither the U.S. nor the Mexican governments impose any safety requirements on farms and processing plants. That includes those using unsanitary conditions, and brokers or packing plants that mix export-grade fruits and vegetables with lower-quality produce.
Mexican Secretary: We've 'Lost That Nafta Spirit'
 Sandra Dibble
INTMexico's secretary of communications and transportation urged stronger ties between Mexico and the United States this week, telling leaders from both sides of the border that “we have lost that NAFTA spirit.”RO
Blinded By The Light? Tecnoline Shades Joins Forces with CRATE
 PVNN
Wondering how to frame those million dollar views of Banderas Bay - and protect your stylish new furnishings at the same time? The CRATE Open House Gallery in Flamingos is now offering made-to-measure window treatments by Tecnoline Shades.
Mexico Inflation at 5-year High
 Bloomberg News
Mexico’s inflation accelerated to the fastest annual pace in more than five years last month on higher costs for gasoline, electricity and eggs.
US House Votes to End Mexico Truck Program
 John Crawley
The U.S. House of Representatives defied a White House veto threat on Tuesday by voting to end a controversial pilot program that gives long-haul commercial trucks from Mexico full access to U.S. roads.
Brazil, Argentina Drop Dollar for Bilateral Trade
 Associated Press
Brazil and Argentina are ready to stop using U.S. dollars to trade goods between them. Brazil's president tells the Buenos Aires-based Clarin newspaper that exports and imports between the two nations will be bought and sold in local currency - reals and pesos.
Mexico Economy Close to Rebounding - Carstens
 Jason Lange
Mexican Finance Minister Agustin Carstens said on Tuesday Mexico's economic slowdown has almost bottomed out, and that growth should pick up during the first quarter of 2009.
Controversial Cross-Border Trucking Program to Move Forward
 Tricia Garcia-Captain
A program allowing Mexican trucks unrestricted access to U.S. highways has been extended for two more years. Now an expert from Arizona State University will get on board.
Mexico Peso Rallies After Fannie, Freddie Bailout
 Jason Lange
Mexico's peso staged a strong rally on Monday after the U.S. government seized control of mortgage giants Fannie Mae and Freddie Mac, soothing some of investors' most acute concerns about the U.S. economy.
Northern Baja California's Development Future
 Brian Flock
Some Baja California real estate discussions during the now-cooled “boom” of 2004 to 2006 would associate northern Baja California’s progress and future to that of Los Cabos, in Baja California Sur, and other high-profile Mexican resort destinations.
Bulletproof Designs Add Style to Growing Mexico Security Industry
 Sophie Nicholson
A top-of-the-range metal detector guards the door of a slick store in the upscale Polanco district of Mexico City, where leather jackets, suits and shirts protect against more than the just the elements.
Mexico City Launches Community Gardens
 Sara Miller Llana
Teresa Trujillo's family income took a hit when her husband, a carpenter and the family's sole breadwinner, lost his job due to an illness just as food prices in Mexico started to skyrocket. So she looked for help with putting food on the table wherever she could find it. It turns out the mother of two didn't have to look far.
US Jobless Rate Soars to 6.1 Percent, 84,000 Jobs Lost
 Dean Baker
The unemployment rate jumped to 6.1 percent in August, the highest level since September of 2003. The establishment survey showed the economy losing another 84,000 jobs in August. With downward revisions to data for the prior two months, the economy has lost an average of 81,000 jobs over the last three months.
Mexican Retailers Hold Sales Growth Forecast
 Chris Aspin
Mexican retailers group ANTAD said on Wednesday it was keeping its forecast for a 1 percent increase in same-store sales in 2008 from the previous year, despite a slowing economy.
Mexicana Introduces New Non-Stop Flight From San Francisco To Puerto Vallart
 TravelVideo
The Riviera Nayarit region was only launched a year ago but has attracted interest from travelers that know a "hot" destination when they see one. A sign of Riviera Nayarit's growing reputation is the opening of new airline routes and Mexicana Airlines is one of the latest to do so with a new service from San Francisco International Airport to Puerto Vallarta International Airport, non-stop.
NH Krystal Business Traveler Services
 PVNN
Recognizing the need of business travelers, the Krystal Hotel Puerto Vallarta recently introduced the NH Tower Club, offering corporate travelers a wide range of business services and meeting facilities to make your business trip successful.
Mexican E-Commerce Seen Growing 70 Percent in 2008
 Noel Randewich
Mexican firms will likely sell 70 percent more goods and services over the Internet this year, mostly to people buying plane tickets and computers, experts predicted on Tuesday.
2008 Real Estate Meetings and Conferences
 John K. Glaab
The Settlement Company's John K. Glaab, a Certified International Property Specialist and a founding member of AMPI Los Cabos, tells us about some upcoming Real Estate meetings and conferences of national and international interest.
Mexico's Su Casita To Adopt Broader Financial Services Operations
 Ken Parks
Mexico's largest home finance company Hipotecaria Su Casita SA plans to change its concession in a move that will allow it to offer a broader range of financial services.
Mexico's Calderon Urges Lawmakers to Approve Pemex Proposal
 Jens Erik Gould
Mexican President Felipe Calderon urged lawmakers to approve his plan to allow state-owned Petroleos Mexicanos to hire foreign and private companies.
Mexico to Spend $25 Bln on Fuel Subsidies in '08
 Luis Rojas Mena
Mexico's government will spend about $25 billion (260 billion pesos) this year on gasoline subsidies to blunt the effect of inflation on consumers, President Felipe Calderon said on Monday.
Mexico: Peasants Seek Ways to Block Canadian-Run Mine
 Diego Cevallos
The Canadian mining corporation Minefinders has explored a rural area of the northern Mexican state of Chihuahua for 14 years. But as it gets ready to begin mining gold and silver there, its plans are threatened by peasant farmers' protests.
A Hotel in Theory, With an Image in Fact
 Fred A. Bernstein
Last year, advertisements began appearing in magazines depicting sand, surf and, in one case, a model wearing a mysterious silver amulet. A lot of people, when they saw the campaign, thought it wasn’t selling anything.
Mexican Peso Sinks After U.S. Data; Stocks Down
 Michael O'Boyle
Mexico's peso weakened sharply on Friday after weak U.S. personal income data stoked worries about Mexican exports and amid growing expectations the country's central bank will not further hike interest rates.
Mexico Inflationary Pressures Are Easing, Ortiz Says
 Thomas Black
Inflationary pressures in Mexico are abating and consumer price increases will peak by next year, central bank Governor Guillermo Ortiz said.
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