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Puerto Vallarta News NetworkNews Around the Republic of Mexico

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Mexico Flagship Airline Mexicana Declared Bankrupt
Reuters.com

Mexicana Airlines, which suspended flights 4 years ago due to heavy debts, was declared bankrupt last week, paving the way to dismantle what was once one of Mexico's top air carriers. The iconic airline stopped flying in August of 2010 - 90 years after it was founded.

Over 56 Percent of Mexican Adults Don't Exercise
HuffingtonPost.com

The National Statistics Institute says a survey has found that more than half of Mexican adults don't get regular exercise. A surprising two-thirds of that number are women. This is a worrisome figure in a country with extremely high rates of obesity and diabetes.

French President Francois Hollande to Visit Mexico
EFE

French President Francois Hollande will visit Mexico this week to mark the 50th anniversary of Charles de Gaulle's visit to the country. He was invited by President Enrique Peña Nieto in order to bolster a strategic partnership between both countries.

Mexico to Celebrate 'National Day Against Homophobia'
Sofia Vazquez-Mellado

On May 17, 1990, the World Health Organization’s General Assembly eliminated homosexuality from the list of mental illnesses. A decree has now been published in Mexico’s official government newsletter declaring the day a 'National Day for the Fight Against Homophobia.'

The First Census of Mexico’s Schools Finds Problems
ABCNews.com

Mexican officials say a census taken last year at public pre-schools, elementary, and middle schools has found at least a third of public schools have infrastructure problems. It was also revealed no one knew exactly how many schools, teachers, or students exist in Mexico.

Mexico Behind Brazil in Number of LatAm Billionaires
Fox News Latino

Mexican billionaire Carlos Slim Helu may have lost his place as the world's richest man, moving down to third on Forbes' list behind Microsoft's Bill Gates and Berkshire Hathaway's Warren Buffet, but he still sits way atop the pile in his regional turf.

Investors Bet Big on the Mexico Hospitality Sector
Hospitality Net

Mexico has earned a top spot among the 15 most-visited destinations worldwide, drawing more than 23 million visitors a year. Strong tourist demand and a budding economic environment is creating a positive outlook for the lodging sector and driving investment into the region.

Daylight Saving Time in Mexico Starts April 6th
BanderasNews.com

Daylight saving time, usually referred to as the 'Horario de Verano' in Mexico, begins at 2:00 am local time on Sunday, April 6, 2014. So if you happen to be South of the Border, don't forget to set your clocks ahead one hour before going to bed this Saturday night!

Bank of Mexico Restricts Banks from Use of Bitcoins
Dan Palmer

Following a number of statements by other banks regarding the dangers of digital currencies, the Bank of Mexico has issued a statement warning of the inherent risks of acquiring these assets and using them as substitutes for conventional means of payment.

Latin America's Largest Solar Power Plant Goes Online
EFE

The Aura Solar I, Latin America's largest solar power plant, has gone online in the Mexican state of Baja California Sur. 'Some 25 percent of Mexico's electricity is currently generated using clean energy sources,' said President Peña Nieto during the inauguration ceremony.

Mastretta MXT: First Mexican Sportscar to go Global?
IAfrica.com

The Mastretta MXT, the world's first Mexican sportscar, is set to receive a new engine and some styling tweaks before officially going on sale beyond South America. The two-seater sportscar, which is a Latin take on the Lotus Elise, is set to make its global debut in 2015.

Limes Prices have many Calling the Citrus 'Green Gold'
Tribune-Review

Limes have always been a coveted crop in Mexico, where a squirt of the small citrus brightens the taste of everything from tacos to tequila to guacamole. But a combination of poor winter weather and plagues have caused production to plunge and prices to rise.

Mexico to Auction Off Two-Thirds of Oil Reserves
Prensa Latina

The Mexican government will auction off among private investors 2/3 of oil and gas fields with a potential equivalent to the domestic production in the last 110 years. Pemex has first dibs on oil fields before private and foreign companies are invited to participate in the bidding.

Mexico Prepares for Easter Influx of US-Based Mexicans
Fox Latino News

On Friday, Mexico's Government Secretariat launched a special operation to accommodate an influx of US-based Mexicans visiting their homeland for the Easter holidays. Close to 300,000 Mexicans living in the U.S. are expected to arrive for Holy Week, the secretariat said in a statement.

Most Mexican Governors Reject Marijuana Legalization
The Yucatan Times

Although marijuana is used for healing everything from rheumatism to insomnia in regions throughout Mexico, most of the country's governors reject its legalization. The Otomi Indians from Veracruz, Mexico even consider marijuana a deity that they worship as a saint.

Mexico Looking at Possible Bid for 2024 Olympics
Nick Zaccardi

A potential US bid for the 2024 Olympics that includes cities such as Boston, Dallas, and Los Angeles, could face competition from bordering Mexico. The country has not hosted the Olympics since Mexico City hosted the 1968 Summer games, but now they're now looking to bid again.

Western Union Teams Up With Farmacias Guadalajara
BusinessWire.com

The Western Union Company and Farmacias Guadalajara have launched 'Western Union Global Money Transfer Services' at over 1,100 drugstore and retail locations throughout Mexico. Last year, Western Union completed 242 million consumer transactions worldwide, moving $82 billion.

State of Guanajuato Holds First Same-Sex Marriage
Sofia Vazquez-Mellado

Last week, the first same-sex marriage was performed in the city of Leon, Guanajuato, one of Mexico's most conservative states - and one in which such marriages are illegal. In an interview before the event, the presiding judge said he was 'forced to perform the ceremony.'

Democrats Abroad Mexico Dispels Overseas Voting Myths
John Wilson-Bugbee

There are a number of common misconceptions about voting from abroad, which can prevent Americans living overseas from exercising their right to vote. The Costa Banderas Chapter of Democrats Abroad Mexico dispels these myths and encourages all expats to vote in the US elections.

Arizona Has Change in Attitude, Now Wooing Mexico
Katherine Corcoran

Arizona is still widely viewed as the most anti-Mexico state in the United States, even if the tough anti-migrant law behind that perception has been largely voided. But Arizona's leaders are logging lots of miles to put a new face on their home state.

Retirees and Investors Flock to 2014 Mexi-Go! Expo
mexi-go.ca

Baby-Boomers worldwide are beginning to search for viable warm weather retirement destinations. At Mexi-Go! 2014, a one day Mexico Real Estate and Retirement Expo held in Calgary on March 15th, 1,400 Canadians learned more about Mexican investment and recreational properties.

Mexico Ranked 5th Best Health Care System in the World
wipapps.com

Mexico’s combination of great weather, magnificent beaches, world famous cuisine, fascinating culture and world-class real estate have made of it one of the best places to retire in the world. But did you know that it also has one of the best health care systems on the planet?


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