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 Business News
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Mexico Most Affordable Place to Do Business: Report
 Ka Yan Ng
Mexico retained its top ranking as the most affordable place to do business, while the United States dropped to eighth, according to KPMG’s report about cost-effective competition among 10 countries.
Grocery Shoppers Who Try Harder to Track Costs do Worse, Study Finds
 Tom Rushmer
Almost one in three U.S. households shop on a budget — and one in six can only afford basic necessities. So it's no wonder that 78 percent of budget shoppers — twice as many as those who shop without a budget — try to track how much their groceries are likely to cost as they roll through the aisles. But the harder they try, the worse they do.
Mexico's Foreign Investment: Business Unfazed by Bloodshed
 Ronald Buchanan
Violence has waxed and waned over recent years in Mexico’s northern states, and, while recently it’s got worse, it doesn’t ever seem to have had an effect on companies’ investment decisions, even in Ciudad Juárez.
Travel To Mexico Will Rise - Flight Centre
 Voxy
Flight Centre, New Zealand's largest travel retailer, is preparing for increased bookings to Mexico in 2010 as the destination rises in popularity.
Advancing the Transatlantic Agenda
 Dana Gabriel
Although there is a need for Canada to expand its trade horizons, the Comprehensive Economic and Trade Agreement (CETA) currently being negotiated with the European Union (EU) appears to be based on the flawed NAFTA model.
Mexico Labor Reform Bill Aims to be More Inclusive
 Adrían Jiménez
The Labor Secretariat recently announced that the labor reform initiative proposed by the National Action Party (PAN) to the Congress aims to improve the working conditions of the most vulnerable groups in the country.
North America Business Conference LLC Present Its Summer Tour
 North America Business Conference LLC
Carol Davenport, President of North America Business Conference LLC, is pleased to announce the Thriving not Surviving business conferences. The summer tour begins in June; conferences are scheduled throughout the United States.
Mexico’s Peso Rises to Strongest in 16 Months on U.S. Recovery
 Ye Xie
Mexico’s peso rose to the strongest level since November 2008 as signs of an economic recovery in the U.S. boost speculation the Latin American nation’s exports will increase.
 Canadian Miners Pushed to Limit by 'Scabs'
 The Real News Network
Thousands rally against use of strikebreakers in ninth month of dispute with Brazil's Vale.
Oil Range of $70-80 Possible for 10 Years: Report
 Matt Robinson
Oil prices could stay in the $70-80 range over the next decade, according to a report by OPEC released ahead of a major oil conference this week which reiterated demand forecasts made last year.
Mexico Real Estate: World Tourism Fair Points to Healthy Industry
 BigNews.biz
Mexico’s strong presence at Berlin’s World Tourism Fair reflects its status as one of the most important international sites for tourism and points to the strength of the Mexico Real Estate industry.
Cascarones Made in Mexico Prohibited in US
 Pink Rivera
Many Easter celebrations in El Paso will include cracking cascarones on the heads of loved ones, but those plans could be ruined if the colorful confetti-filled eggs originated in Mexico.
Obama Wields New Tools to Try, Again, to Stem US Home Foreclosures
 Mark Trumbull
The Obama administration on Friday unveiled new programs to help 3 million to 4 million distressed borrowers avoid home foreclosures. By one count, 11 million borrowers now owe more than their homes are worth.
Mexican Economy Shrinks in Jan, Slowing Recovery
 Jason Lange
Mexico's economy contracted in January for the first time in five months, suggesting a slowdown in Mexico's recovery from recession and easing pressure on the central bank to raise interest rates.
World Bank Approves Three Loans To Mexico Totaling $1.7 Billion
 Paul Kiernan
The World Bank approved three new loans valued at a total of around $1.7 billion for Mexico this week, targeting health care, education and urban transportation.
US Treasury Blacklists Mexican Drug Gangs
 Yana Kunichoff
The US Treasury Department this week imposed financial sanctions on 54 members of two powerful Mexican drug cartels blamed for the recent spike in border violence under a law that allows the government to freeze their bank accounts.
Are Greedy Water Bottlers Siphoning Your City's Drinking Water?
 Tara Lohan
While shares the stage with two other giant bottlers, PepsiCo and Coca-Cola, Nestle is the big culprit in targeting rural communities for spring water, a move that has earned it fierce opposition across the U.S. from towns worried about losing their precious water resources.
U.S. Firms' Security Concerns Grow in Mexico: Poll
 Michael O'Boyle
U.S. companies in Mexico are increasingly worried about security and many are reconsidering future investments as drug war killings spiral out of control, a poll showed on Thursday.
Mexico Bank Assoc Forecasts Loan Growth In 2010
Ken Parks
The Association of Mexican Banks said Thursday that it expects the sector's performing loans to grow by at least 10% this year.
Exposed: Green Consumers' Dirty Little Secrets
 Peter Aldhous
Green consumers sometimes take the moral high ground – but it's all too easy to slide back down. New research suggests that those who make "green" purchases are subsequently more likely to behave selfishly, cheat and steal.
Neptune Realtors Places Gold’s Gym for Sale in Manzanillo and Puerto Vallarta
 WebWire
Providing a tailor-made solution for the people in PV searching frantically for new business opportunities, Neptune Realtors, a realty agency of great repute, has announced the sale of Gold’s Gym in Manzanillo and Puerto Vallarta.
IDB Agrees to Reforms, but NGOs Will Keep Up Pressure
 Emilio Godoy
Although social organisations in the region got the Inter-American Development Bank (IDB) to agree to a process of internal reforms, there are still doubts about how the changes will be reflected in the multilateral lender's new strategy.
Mexico's Tourism Revenue Continues to Fall
 Bloomberg
Cancun and Acapulco hotels are seeing a smaller-than-normal influx of college-age revelers this month after recent reports of bloodshed, tour operators there said. Acapulco’s tourism marketing agency predicts the number of spring breakers will drop 30 percent this year to 17,500.
US Treasury Sanctions 54 Mexico Drug Gang Members
David Lawder
The Treasury Department on Wednesday imposed sanctions on 54 members of two powerful Mexican drug gangs it blames for a spike in killings near the U.S. border in recent weeks.
Calderon Awards Eduardo Vela for His Contributions to Tourism Industry
 hospitalitynet
Eduardo Vela, Founder and Chairman of Mexico's Velas Resorts Group, was honored with a prestigious award from Mexico's President Felipe Calderon and the National Chambers of Commerce, Services and Tourism for his outstanding contributions and support of Mexico's tourism industry.
Realty Executives Launches Aggressive Franchise Expansion in the Mexico Market
 Tina Elliott
Realty Executives Mexico announces Tina Elliott as the new Director of Business and Franchise Development to contribute to the company’s real estate franchise expansion initiatives in the Mexico Market.
Mexico Sees Positive Future for Tourist Cruises
The News
Mexico estimates that in 2010 approximately 6.4 million tourists will arrive at its seaports in 2,447 cruises, which represents an increase of one million tourists in comparison to 2009.
$1 Million Doesn't Cut It for US Retirement
 Joe Mont
Conventional wisdom says you need to save $1 million for retirement. That target may be easy to remember, but it falls short of the true cost of what's required for post-career comfort. Longer life spans, the threat of inflation and the uncertain future of Social Security benefits make this long-touted savings advice inadequate for most, advisers say.
More US Homeowners are Opting for 'Strategic Defaults'
 Alana Semuels
Underwater on their mortgages and angry at banks, more borrowers are choosing to hand over the keys, even if they can afford the payments.
Carstens Raises Mexico 2010 Growth View to 4-5 Pct
 Luis Rojas Mena
Mexico's economy, recovering from its worst recession in decades, could grow as much as 5 percent in 2010, the country's central bank head said on Sunday, raising his outlook in line with analyst views.
Pemex Says New Mexico Fields Hold 2Bln Barrels of Oil
Agence France-Presse
Mexico's state-owned Pemex oil company said that the new oil fields it discovered two years ago in the Gulf of Mexico could yield more than two billion barrels of oil.
Senate Bill Wipes Out Indian Tobacco Industry
 Gale Courey Toensing
Handing big tobacco corporations a huge victory, the U.S. Senate has passed the Prevent All Cigarette Trafficking Act – an act tribal leaders say is an attack on tribal sovereignty and economies that will devastate Indian tobacco businesses across the country.
NGOs Demand Transparency, Reforms in IDB
Emilio Godoy
Dozens of civil society organisations in the Americas are demanding greater transparency and accountability as well as structural reforms in the Inter-American Development Bank (IDB), ahead of the multilateral lender's annual meeting of governors that starts Friday in the Mexican resort of Cancún.
Mexico’s Private Sector Proposes Plan to Create 1 Million Jobs
 Latin American Herald Tribune
Representatives of Mexico’s private sector pledged to create a million jobs this year if rules are put in place to increase firms’ competitiveness vis-a-vis their foreign counterparts.
GOGO Flight Centre Global Executives Conference in Puerto Vallarta
 Colette Baruth
Over 130 Flight Centre Limited employees recently held executive management, finance, product, marketing and corporate travel conferences in Puerto Vallarta, Mexico. Participants came from the USA, Australia, New Zealand, South Africa, the United Kingdom, Canada and the USA.
Mexican Tycoon Slim Moves Toward Telecom Tie-Up
Noel Randewich
Tycoon Carlos Slim, the world's richest man, moved a step closer to consolidating his telecom assets on Wednesday as America Movil shareholders backed a plan to acquire his other operators.
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