Chile, Peru, Colombia and Mexico plan to sign an accord liberalizing 90% of trade among the group when they meet at the coming Pacific Alliance summit scheduled for May 23 in Colombia announced Chilean Foreign minister Alfredo Moreno.
The governments of Mexico and Brazil have agreed to the exemption of the short-stay visas in ordinary passports for their citizens. The move is designed to increase the flow of travellrs between the two nations.
Mexican President Enrique Peña Nieto sounded a warning shot to his ruling party over corruption, saying no one is above the law as he tries to tackle the graft that has blighted its reputation in the past.
The head of Mexico's teachers' union and one of the country's most powerful women has been charged with embezzling up to 200 million dollars to fund a lavish lifestyle of shopping sprees and plastic surgery, officials said. The action is seen as a major coup for the three-month old administration of Enrique President Peña Nieto.
US agricultural giant Monsanto Tuesday posted a large increase in quarterly earnings on strong results in corn seed sales in the US and Latin America and better sales of pesticides. The St Louis-based corporation said net income for the first quarter was 339 million dollars, up from 126 million a year earlier.
More journalists were killed doing their job in 2012 than in any year since monitoring started 17 years ago, with Syria and Somalia seeing a particularly heavy toll followed by Pakistan and Mexico, Reporters Without Borders (RSF) said on Wednesday.
Brazilian president Dilma Rousseff is planning to visit Mexico in early 2013 taking advantage of the good chemistry with the new leader Enrique Peña Nieto, and with the purpose of re-launching the deteriorated relations between the two main economies of Latinamerica.
Mexico’s government oil and gas giant Pemex confirmed the discovery of a crude reserve which could hold over 500 million barrels, and described as the largest on land strike in the last decade.
Mexican President Enrique Peña Nieto on Sunday signed a pact with the country's leading political parties to increase competition in the telecommunications sector and overhaul the education system.
Chile and Mexico will manage to a great extent to avoid the negative prospects from OECD members in the next two years. The half year report from the Organization for Economic Cooperation and Development anticipates a serious weakening of activity in the Euro zone, the US and Japan, but the two OECD Latinamerican members as well as emerging power Brazil will have a contrasting performance.