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Mexico Resort Real Estate Update from The Settlement Company
 John K. Glaab
While putting the 3rd Quarter 2010 edition of the Mexico Resort Real Estate Newsletter together, it was impossible not to think about the future of the Mexican real estate industry. What will the high season bring to the tourist zones that've been hit so hard by the global economic crises?
Mexico Sells $1 Billion of 100-Year Bonds in Overseas Markets
 Veronica Navarro Espinosa
Mexico sold $1 billion of bonds due in 100 years in the longest-maturity debt issued by a Latin American country.
GAP Reports Passenger Traffic Increase for September
 Business Wire
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. announced today preliminary terminal passenger traffic figures for the month of September 2010 compared to traffic figures for September 2009.
Mexico IPC Closes at All-Time High
 Caroline Stauffer
Mexico's IPC stock index closed at a new all-time high of 34,257 on Tuesday after Japan took the surprise step of effectively cutting interest rates to zero.
Televisa Makes $1.2 Bln Investment in Univision
 Cyntia Barrera Diaz
Mexico's Televisa will invest $1.2 billion in U.S. broadcaster Univision, strengthening links with a key distributor of its programming among the U.S. Hispanic market.
 United States: One Nation With No Jobs
 Lindsay Beyerstein
Organizers say that 175,000 people turned out for the One Nation Working Together rally, which was organized by labor unions, the NAACP, and other progressive groups. In an interview with GritTV's Laura Flanders, AFL-CIO president Richard Trumka summed up the agenda: "Jobs, jobs, and more jobs."
Putting a Price on Global Environmental Damage
 Principles for Responsible Investment
Global environmental damage caused by human activity in 2008 represented a monetary value of $ 6.6 trillion, equivalent to 11% of global GDP, calculates a study released today by the UN-backed Principles for Responsible Investment (PRI) and UNEP Finance Initiative.
Casinos Now See Online Gambling as a Better Bet
 Barry Meier
Many of the country’s largest casinos, long opposed to gambling games like poker on the Internet, are now having second thoughts.
Race-Based Predatory Lending Fueled US Housing Crisis
 Nick Carey
Predatory lending aimed at racially segregated minority neighborhoods led to mass foreclosures that fueled the U.S. housing crisis, according to a new study published in the American Sociological Review.
Mexico Minister Says Drug War Not Hitting Investment
 Tomas Sarmiento
Mexican Finance Minister Ernesto Cordero said on Sunday there is no evidence that Mexico's escalating drug war is discouraging foreign investment or interfering with the country's economic recovery.
The High Cost of Living Without a Bank
 Candice Choi
It may be hard to fathom why anyone would live this way, but a federal study last year found that about one in four U.S. households skirts banks and relies on services such as check-cashing and payday loans.
COP16 to Give Mexico Opportunity to Consolidate Forestry Financing
 Suzanne Stephens Waller
During his inauguration of the 8th 21st Century Mexico Forestry Expo, Secretary of the Environment and Natural Resources Juan Rafael Elvira Quesada said that Federal Government has promoted a financing scheme for forestry support which, in nearly four years, has managed to consolidate a figure of over five billion pesos.
Important Facts About Foreclosure and Mortgage Fraud
 Barbara Ann Jackson
Foreclosure fraud is the best means by which unscrupulous 'foreclosure mill lawyers' deceptively auction and bid (or insiders bid) and acquire those properties; and results in some neighborhood blights.
Global Anti-Counterfeiting Agreement Still Weeks Away
 Juliane von Reppert-Bismarck
Negotiators come closer than expected in adopting and anti-counterfeit accord, but key differences between the U.S. and the EU remain.
JPMorgan Suspending Foreclosures
 David Streitfeld
In a sign that the entire foreclosure process is coming under pressure, a second major mortgage lender said that it was suspending court cases against defaulting homeowners so it could review its legal procedures.
Mexico 2011 Growth Forecasts Fall in Cenbank Poll
Jason Lange
Analysts lowered expectations for Mexico's growth in 2011 as the outlook for U.S. expansion also worsened, according to a central bank survey conducted in late September and released on Friday.
Corn Harvest in Mexico Reaches Record 25 Million Tons
 Carlos Manuel Rodriguez
Mexico, the world’s fourth-largest producer of corn, harvested a record 24.9 million metric tons of corn this crop year and may increase output next year as steadier rainfall and new technology improve yields, said Agriculture Deputy Minister Mariano Ruiz-Funes
Small-Scale Farmers and Development: Assume a Different Economic Model
 Timothy A. Wise
Just as shipwrecked survivors can't sail home on an economist's theoretical boat, Mexico's small-scale farmers need real jobs, not assumed jobs, if they are to give up their lands and their homes.
Mexico Could Join Suits Over BP Oil Spill: Attorney
 Alexandria Sage
Mexico's federal government could join a list of its states suing the companies blamed for the disastrous Gulf oil spill, claiming damage to fishing and tourism, the plaintiffs' attorney said on Wednesday.
New UK Wind Farm to Cost $1.3B
 Newsy.com
Swedish energy company Vattenfall has completed 100 turbines, which could produce, at their peak, enough electricity to power the equivalent of more than 200,000 homes.
The Mexico Tourism Board Joins Global Sustainable Tourism Council
 Mexico Tourism Board
The Mexico Tourism Board announced today it has joined The Global Sustainable Tourism Council (GSTC), an international partnership dedicated to promoting sustainable tourism practices around the world.
Carlos Slim Open to Energy Investments Outside Mexico
 Hugh Collins
Carlos Slim, ranked by Forbes as the world's richest man, said he is open to the possibility of investing in new energy projects outside Mexico.
Mexican Economy Grows 0.72 Pct in July from June
 Jason Lange
The Mexican economy grew more than expected in July but the data still reinforced the view that Mexico's recovery from recession was losing steam, keeping pressure off the central bank to raise interest rates.
U.S. Wants to Track All Foreign Money Transfers
 Ellen Nakashima
The Obama administration wants to require U.S. banks to report all electronic money transfers into and out of the country, a dramatic expansion in efforts to counter terrorist financing and money laundering.
AMPI Members Meet to Discuss the Status of Tourism Real Estate
 John K. Glaab
Nearly one hundred members of the Mexican Association of Real Estate Professionals met earlier this month in the Nation’s capital. The purpose of the all-day meeting was to discuss the status of Mexico’s real estate market in the tourist zones and develop strategies that might help a recovery.
Zell's Firm in Talks to Invest in Mexican Property Companies
 Alexander Cuadros
Billionaire investor Sam Zell’s Equity International is in talks to invest in Mexican and Colombian real-estate firms as economic growth prospects outweigh drug-fueled violence, Chief Executive Officer Gary Garrabrant said.
 Mexico Rated 14th Best Destination for Conventions
 PromovisionPV.com
According to the International Association of Congress and Conventions, Mexico is rated #14 worldwide as the leading tourism meeting destination. The average expenditure by international convention tourists in Mexico for July was $427 USD, an increase of 11.9% when compared to 2009.
Mexican Jobless, Inflation Data Send Mixed Signals
Jason Lange
Mexico's jobless rate fell more than expected in August but the annual inflation rate slowed in early September, giving mixed signals about the strength of the country's recovery from a deep recession.
Mexico's PRI May Widen Deficit, Raise Oil Price to Cut Tax, Videgaray Says
 Jonathan Roeder & Adriana Lopez Caraveo
Mexico’s largest party in the lower house of congress may propose a wider deficit and increased oil price estimate for next year’s budget as it aims to cut the sales tax, the head of the budget committee said.
Volkswagen to Build New Engine Plant in Mexico
 Tomas Sarmiento & Alexandria Sage
Volkswagen AG will invest $550 million in developing a new engine facility in central Mexico to supply parts to two of its North American plants, the German automaker said on Wednesday.
Consequences of not Telling the IRS You Expatriated
 Mark Nestmann
Why might you wish to give up your U.S. citizenship? Primarily, because doing so is the only way that you can eliminate your lifetime obligation to pay U.S. taxes, no matter where you live.
Dissecting GOP Spin on Taxes
 Stephen Ohlemacher
The expiration of Bush-era tax cuts in January has sparked a partisan bickering match this election season, and much of the rhetoric from both Democrats and Republicans is misleading. A look at three prominent arguments, sorting the spin from the facts.
Will the US and China Be Locked in a Global Battle Over Oil?
 Michael T. Klare
China has overtaken the United States to become the world's number one energy consumer, a development that signals a massive global power shift.
Mexico's Cemex Sees Slow U.S. Economic Recovery
 Gariela Lopez
Mexican cement-maker Cemex, the world's No. 3 producer, said demand in the United States is not growing as fast as expected but that it would maintain its 2010 growth projections for now.
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