Tag: Mexico

• Monday, April 25th 2011 - 06:28 UTC

  Mexico antitrust commission slaps 1 billion USD fine on mobile phone operator

  

  Mexico's antitrust commission confirmed Sunday that it has fined the country's biggest mobile phone operator over 1 billion US dollars on grounds that it used its market weight and interconnection fees to displace competitors.

• Tuesday, April 12th 2011 - 21:18 UTC

  Inflation contagion in Latin America with the exception of Mexico, says IMF

  

  Inflation risks are building in all Latin American countries except Mexico, where price gains are low and economic expansion should outpace Brazil this year, according to the the International Monetary Fund World Economic Outlook.

• Friday, April 8th 2011 - 22:45 UTC

  Peru/Mexico sign trade agreement, fist step for a regional expansion towards Asia

  

  Peru and Mexico signed this week a trade agreement with the aim of jointly reaching out to Asia, an undertaking that they want Chile and Colombia to join

• Saturday, March 5th 2011 - 05:07 UTC

  Nobel Prize Vargas Llosa calls for legalizing drugs to avoid the Mexican experience

  

  Nobel Prize winner in Literature Mario Vargas Llosa said that countries across Latin America will eventually suffer the same type of organized crime-related mayhem currently battering Mexico unless a decision is made to legalize drugs.

• Wednesday, February 2nd 2011 - 16:35 UTC

  Mexico produces first “artisan honey-ales” directed to the gay-lesbian market

  

  A Mexican brewery has launched the first beer targeted to the gay community with a slight honey flavour and with plans to market the product in Mexico, Colombia and Japan among other interested countries.

• Tuesday, February 1st 2011 - 13:37 UTC

  World’s richest man says it is the right moment to invest in Latin America

  

  Mexican telecommunications tycoon Carlos Slim announced plans to invest 8.3 billion US dollars this year in 19 countries where his companies have interests and underlined that given the international scenario, it is the right moment to invest in Latin America: “whoever doesn’t will be left behind”.

• Tuesday, December 21st 2010 - 19:34 UTC

  Brazilian exports set to increase 12% in 2011 reaching 220 billion US dollars

  

  Following the 30% expansion in 2010, Brazilian exports are forecasted to grow 12%, in 2011 according to Foreign Trade Secretary Weber Barral. He added that in 2010 the recovery was quite strong compared to the downturn of 2009, but in 2011 global trade growth rate is expected to slow down.

• Friday, December 3rd 2010 - 06:24 UTC

  Mexican top officials admit loosing control of parts of the country to drug cartels

  

  Several top Mexican officials admitted the government was in danger of losing control of parts of the country to powerful drug cartels, according to U.S. State Department documents made public by WikiLeaks.

• Friday, August 27th 2010 - 08:18 UTC

  Mexico to impose strict limits on cash transactions to fight organized crime

  

  Following the discovery of 72 bodies in northern Mexico, allegedly illegal immigrants heading for United States killed by one of the country’s main drug-cartels, Mexican President Felipe Calderon proposed Thursday a new package of measures against money laundering to help fight organized crime.

• Monday, August 2nd 2010 - 05:50 UTC

  Mexico recognizes Honduras; OAS could re-consider the issue mid August

  

  Mexico announced this weekend that it was normalizing diplomatic relations with Honduras given the “significant advances” achieved in addressing the consequences of last year’s coup.