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.
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.
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”.
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.
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.
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.
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.
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.
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.
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.