Mexico’s Pemex aims to start importing light crude this year

August 28, 2014

08/28/14 Reuters

pemex21Mexican state-owned oil company Pemex wants to launch light crude oil imports later this year, potentially reaching up to 70,000 barrels per day (bpd) and aimed at boosting refinery output, the head of its commercial arm said.

The imports would mark an abrupt shift from a decades-old devotion to crude oil self-sufficiency in Mexico, long a major exporter to the United States. It also comes after a sweeping energy sector overhaul which seeks to reverse many years of declining output and export volumes.

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Gov. Jerry Brown, Mexico’s president talk trade in L.A.

August 28, 2014

08/26/14 Los Angeles Times

hand shakeGov. Jerry Brown and Mexican President Enrique Peña Nieto shared the stage in Los Angeles to speak about opportunities for the Golden State and its southern neighbor to work together on business opportunities, climate change and higher education.

“We share language, territory, trade,” Brown said Monday at the Millennium Biltmore Hotel, where Peña Nieto kicked off a two-day trip to California. “We share the sun, the wind, businesses like oil production.”

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U.S. to ease some deportations to Mexico under settlement

August 28, 2014

08/27/14 Reuters

immigrant mother and boyU.S. authorities have agreed to stop pressuring undocumented immigrants in Southern California to sign off on their own deportations under a legal settlement that may later allow some deportees to return from Mexico to seek U.S. legal residency, advocacy groups said on Wednesday.

The deal reached between the American Civil Liberties Union and federal officials stems from a lawsuit brought last year on behalf of other immigration rights groups and about 10 immigrants who accepted so-called “voluntary returns” to Mexico.

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Media Roundup: Does Mexico Need A New Military-Style Police Force?

August 28, 2014

08/29/14 By Nathaniel Parish Flannery. Forbes

federal police mexicoAs the U.S. media grappled with the topic of the militarization of local police forces following the shooting death of teenager Michael Brown in Ferguson Missouri, Mexico launched a new police force called the Gendarmerie, a military style civilian policing unit. In the U.S. many journalists and academic analysts have looked at the rise of the policeman-soldier as a cause for alarm. In her August 19article for Vox Amanda Taub explains, “Americans have been watching in shock as images come out of Ferguson, Missouri that look more like the streets of a conflict zone in Iraq or a crackdown in China than a quiet suburb of St. Louis.” Likewise in the August 23 Curator podcast for Monocle 24 Gillian Dobias explains “The violence that beset Ferguson Missouri in the past week does have some peculiarly American characteristics, especially policemen who insist in dressing and acting like an occupying army instead of a police force.”

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Kia Will Spend More Than $1 Billion on Mexico Auto Plant

August 27, 2014

08/27/14 Bloomberg

manufacutiringKia Motors Corp. (000270) plans to build its first assembly plant in Mexico as the South Korean automaker follows European and Asian rivals in adding regional production.

Mexican President Enrique Pena Nieto said today the company will invest more than $1 billion in the factory and attract another $1.5 billion from Kia suppliers in Mexico. The plant will produce 300,000 vehicles a year and be completed in the first half of 2016, Kia Vice Chairman Lee Hyoung-Keun said at an event with Pena Nieto in Mexico City.

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Why no one should freak out about the giant crack that opened in the Mexico desert

August 27, 2014

08/26/14 The Washington Post

John Moore - Getty ImagesOn the issue of the huge gaping chasm that opened in the Mexican desert earlier this month, scientists have assured us this does not herald the end of days.

The chair of the geology department at the University of Sonora, in the northern Mexican state where this “topographic accident” emerged, said that the fissure was likely caused by sucking out groundwater for irrigation to the point the surface collapsed.

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Minimum-wage debate roils Mexico

August 27, 2014

08/26/14 McClatchy DC

piggy bank with coinsMexico has the 14th largest economy in the world, a humming manufacturing sector, a newly opened energy sector that’s drawing worldwide interest and, at $144 a month, likely the lowest minimum wage in Latin America.

“It’s ridiculously low,” said Jonathan Heath, an independent economist.

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