Tag: Mexico

• Friday, September 9th 2011 - 22:05 UTC

  Mercosur and Mexico auto industry agree to jointly compete with Asia

  

  Mercosur and Mexico signed an agreement which virtually liberates all bilateral auto industry trade and opens prospects for joint undertakings world wide. The event took place in Montevideo, administrative capital of Mercosur.

• Thursday, September 1st 2011 - 02:48 UTC

  US effort to track gun-smuggling to Mexico ends in failure and major scandal

  

  The acting director of the US Bureau of Alcohol, Tobacco and Firearms (ATF) and the US attorney in Arizona are resigning over a botched operation to track the flow of guns to Mexico.The ATF' Kenneth Melson had recently faced pressure by Congress to resign.

• Saturday, August 27th 2011 - 07:21 UTC

  Mexico demands crackdown on drugs in the US following casino carnage

  

  Mexican President Felipe Calderon declared three days of mourning Friday and demanded a crackdown on drugs in the United States after armed men torched a casino in northern Mexico, killing at least 65 people.

• Tuesday, July 26th 2011 - 08:09 UTC

  First commercial bio-fuel flight in Latam between Mexico City and Chiapas

  

  The Mexican airline Interjet has successfully conducted the first commercial bio-fuel flight in Latin America, using a jatropha-based fuel that reduces air pollution by 80%, according to company officials.

• Tuesday, May 31st 2011 - 08:32 UTC

  CFK praises Mexico and thanks Calderón for understanding Argentine trade policy

  

  Argentine President Cristina Fernandez de Kirchner, CFK, described relations with Mexico as “splendorous” and said links are solid because both countries “have helped each other through out difficult times in history”.

• Tuesday, May 31st 2011 - 03:02 UTC

  Major setback for Mexican telecommunications tycoon and richest man in the world

  

  Telefonos de Mexico SAB, the country’s largest phone carrier plunged the most in the stock market since December 2008 after the government rejected its application to start offering video services.

• Monday, May 30th 2011 - 05:51 UTC

  CFK ratified her administration’s economic policies before Mexican business elite

  

  Argentine president Cristina Fernandez de Kirchner ratified before Mexican businessmen that her government will continue to advance the current ‘development inclusion model’ with strong policies in support of the domestic market and exports with added value.

• Saturday, May 28th 2011 - 07:03 UTC

  Mexico strikes major gas deposit in Gulf of Mexico deep water drilling

  

  State-owned oil giant Petroleos Mexicanos, Pemex, announced this week it had struck between 400 billion and 600 billion cubic feet of natural gas and condensates at a deepwater well in the Gulf of Mexico.

• Monday, May 23rd 2011 - 06:01 UTC

  Mexico Casterns throws his hat into the IMF MD election ring

  

  Mexico central bank Governor Agustin Carstens will be presented as a candidate for managing director of the IMF, the Finance Ministry said in an e-mailed statement Sunday.

• Thursday, May 19th 2011 - 21:47 UTC

  Central banks in ‘gold rush’ to diversify reserves

  

  Mexico, Russia and Thailand added gold now valued at about 6 billion US dollars to their reserves in the first quarter of 2011 as metal prices advanced to a record, the dollar weakened and US Treasuries lost investors money.