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Mexican Truckers Sue US Government Over Ban
 Robert Campbell
Mexican truckers are suing the United States for $6 billion over Washington's refusal to allow Mexican haulers onto its roads as required under the NAFTA trade pact, a trucking association said on Monday.
Mexico's Economics Museum Aims for Solid Financial Future
 Chris Hawley
In a country with such a traumatic history of financial busts that the current recession almost looks tame in comparison, the government has opened a kid-friendly museum to try to educate young people on how to avoid such meltdowns.
Mexico Remittances Plunge in Worst Fall on Record
 Associated Press
Money sent home by Mexicans living abroad plunged in April by more than 18 percent compared to the same period last year, the biggest monthly fall on record, the central bank said Monday.
Mexico Economy to Shrink 8.5%, Goldman Sachs Says
 Valerie Rota & Carlos Manuel Rodriguez
Mexico’s economy will contract this year by the most since 1932 as a slump in the U.S. curbs demand for exports and slows dollar flows from tourism and remittances, Goldman Sachs Group Inc. said.
'They Panicked and Put Mexico in Quarantine'
 Sean Davidson
Swine flu first reported in Mexico on April 23 has wreaked havoc on a shrinking economy that had already been weakened by the global economic crises, said the country's Consul-General Francisco Alonso.
1 in 8 U.S. Homeowners Late Paying or in Foreclosure
 Reuters
One of eight U.S. households with a mortgage ended the first quarter late on loan payments or in the foreclosure process in a crisis that will persist for at least another year until unemployment peaks, the Mortgage Bankers Association said on Thursday.
Mexico's Congress Could Revive Bill To Regulate Bank Charges
 Ken Parks
Mexico's lower house of Congress could breathe life back into a bill that would give the central bank greater authority to regulate the financial sector after the legislation failed to be put to a vote in April.
Mexico's Economy Shrinks 5.6 pct in March Yr/Yr
Jason Lange
The Mexican economy shrank 5.6 percent in March compared with a year earlier, the national statistics agency said on Wednesday.
National Association of Realtors Set Record
 John Glaab
In today's real estate world, 'record' has several frequently used connotations. Among these are record low sales, record low interest rates and record low housing starts. At the NAR Mid Year Meetings and Trade Show earlier this month in Washington, the word referred to record attendance.
Mexico Invests Big to Lure Back Tourists
 Agence France-Presse
Mexico on Monday launched a multi-million-dollar campaign dubbed "Mexico's alive" to kickstart the tourism sector after swine flu scared away many visitors by killing 80 here.
Trouble Ahead: Millions of US Mortgages Will Ratchet Upward Soon
 Julie Crawshaw & Dan Weil
Zacks Research analyst Dirk van Dijk warns that another major mortgage crisis lies ahead as huge numbers of homeowners who have been making only minimum payments on their “pick a payment” mortgages have to start paying in full.
Amid Housing Bust, Phoenix Begins a New Frenzy
 David Streitfeld
Real estate got just about everyone into trouble in Phoenix, and the thinking seems to be that real estate is going to get everyone out.
Mexico Sees Foreign Investment Down 17 Percent
Robin Emmott & Armando Tovar
Foreign direct investment in Mexico is likely to fall by 16.67 percent to around $15 billion this year compared with 2008 as the United States suffers its worst downturn in decades, the government said this week.
US Eyes Mexico Truck Deal in June
 Angela Greiling Keane
The United States may reopen its roads to Mexican trucks as early as June, as tariffs levied in response to the U.S. Congress' decision to bar the vehicles put a "huge" burden on U.S. producers, U.S. Transportation Secretary Ray LaHood said.
Mexico May Lose 600,000 Jobs
 EFE
Concamin, a leading business organization, said Thursday it expects the economy to lose 600,000 jobs this year as a result of the recession and the effects of the deadly swine-flu outbreak.
The Loonie has Strengthened for Seven Consecutive Years in Mexico
 Jim Scherrer
Canada's loonie has steadily increased in strength versus the peso every year for seven consecutive years. Armed with this little known or commonly overlooked currency conversion data, Canadians should feel wealthier than ever when considering visiting or retiring in Mexico.
Mexico's GDP Shrinks 8.2% in Quarter
 Associated Press
Mexico's economy shrank 8.2% in the first quarter, even before accounting for the impact of the swine flu, and appears headed for its biggest contraction since the 1995 crisis that followed the devaluation of the peso.
US Consumers Are Dealt a New Hand in Credit Cards
 Ron Lieber
At first glance, the sweeping credit card legislation that passed the Senate on Tuesday looks like a huge victory for consumers. The bill, after all, contains relief from penalty fees and certain interest rate spikes.
Mexico Events are Important to Tourism
 George Puckett
Tourism is down all over Mexico. If you could do something to help increase the tourism in your area, would you? Many people plan their vacations to coincide with local events, and there are festivals for all seasons and reasons in Mexico, so why not use the Internet to let the world know?
 The Beat Goes On...
 Nicole Martin
A.M.P.I. Riviera Nayarita brokers and agents gathered together on May 14th at Las Palmas in Punta Mita for their May breakfast meeting, where they discussed the economic issues facing the Banderas Bay area and strategies to ease the way until the normal balance returns to our communities.
Mexico Needs "Urgent" Tax Reform Plan - Ortiz
 Jason Lange & Luis Rojas Mena
Mexico needs to quickly come up with a plan to tackle its growing fiscal problems, central bank Governor Guillermo Ortiz said on Monday, as Mexico struggles with a low tax take and sliding oil revenues.
Mexico Requests Aid as Reward for Flu Response
 EFE/Bloomberg News
Health Secretary José Angel Córdova called for the creation of a compensation fund that will allow Mexico to overcome the economic losses it suffered due to the swine flu outbreak.
May Take Tourism in Puerto Vallarta, Guadalajara, More Than a Year to Recover, Economist Says
 Ed Walsh
Jaime Lopez Delgadillo, an economist from University of Guadalajara, says that the biggest impact of the flu crisis was to the tourism sector of the Mexican economy. He went on to say that Jalisco's tourism industry was devastated by the crisis and would take at least a year to recover.
Mexico Movie Theaters Under Strict Health Precautions
 Sari N. Kent
Mexico’s Swine flu outbreak has resulted in a multitude of problems for the country’s entertainment industry such as theater closings, loss of revenue, stern patron and employee policies as well as numerous release date postponements.
Series of Data to Shed Light on Mexican Economy
Walter Brandimarte
A number of Mexican economic indicators this week will allow investors to better gauge the impact of the global crisis on Latin America's second-largest economy.
Mexican Pig Producer Reports Zero Pork Sales Due to A/H1N1 Flu
 Xinhua
Not one single pig has been sold in Mexico's southeastern state of Guerrero for the last three weeks because of the A/H1N1 flu, the industry association in the state said on Sunday.
Banks Across Borders
 Kent Paterson
In Mexico, foreign bank bailouts have had their own repercussions. When the U.S. government acquired a 36 percent ownership stake in Citigroup, Banamex’s parent company, Mexican opposition politicians said Banamex was now operating in defiance of the law.
Mexico Takes Tourism Very Seriously
 TravelVideo.tv
The Mexican tourism ministry announced a series of measures, to be implemented by the Mexican federal government, to reboost Mexico’s tourism sector, protect its industry and jobs, and maintain air traffic to the different destinations of the country.
Tourist Season Feared 'Lost' to Flu
 Bloomberg/AP
Tourism Secretary Rodolfo Elizondo said the country risks losing billions of dollars and thousands of jobs if U.S. health officials don't lift a travel warning before the summer holiday season.
President Felipe Calderón Signs Decree Supporting Small and Medium Firms
 Presidencia de la República
Wednesday, President Felipe Calderón signed a decree to postpone payment of Social Security quotas, which includes measures to prevent the dismissal of workers and the closure of firms caused by both the economic crisis and the Human Influenza A/H1N1 emergency.
Swine Flu Takes Toll On Mexico Tourism Industry
 Jason Beaubien
Americans Vicky Long and John Papadakous are savoring their Caribbean vacation in Mexico. The swine flu outbreak virtually emptied the white-sand beaches of Cancun, along with its bars and hotels, meaning there is plenty of staff to pamper the couple from Baltimore.
Emergency Promotion Planned to Aid Mexico Tourism
 Jimm Budd
Six states plus Mexico City will benefit from an emergency campaign being formulated by the National Tourism Promotion Council.
Imitation as Competition
 Daniel Gomez
If imitation is the greatest form of flattery then Puerto Vallarta businesses must be blushing, the market's full of imitators. While copying to jump on a bandwagon of success may be tempting, it's not very honest and will unlikely pay dividends in the end.
WTO Hails Mexican Response to Health Contingency
 Tourism Secretariat
The World Tourism Organization (WTO) Executive Board said that Mexico's swift response should be regarded as a lesson in the importance of adopting suitable measures that limit the impact of health contingences on international tourism.
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