Posted on January 2, 2009 by mexicoinstitute
AFP News, 1/2/2009
Mexico on Friday enacted a security law aiming to centralize law enforcement efforts after a violent 2008 in which the death toll from suspected drug crime more than doubled to over 5,500.
Beheadings, massacres and other gruesome gangland-style killings spread last year, particularly in northern border areas, despite a government clampdown on drug trafficking [...]
Filed under: Security and the Rule of Law | Tagged: Law Enforcement, Mexico, National Information Center, Police Corruption, Security Law | Leave a Comment »
Posted on January 2, 2009 by mexicoinstitute
Latin American Business Chronicle, 1/2/2009
As Americans and Mexicans celebrated the start of a new year yesterday, they had reason to celebrate another milestone as well: The North American Free Trade Agreement (NAFTA) turned 15.
Despite the slowdown in both the U.S. and Mexican economies, trade between the two nations was expected to set a new record [...]
Filed under: Economic Integration | Tagged: financial crisis, Integration, NAFTA, trade | Leave a Comment »
Posted on January 2, 2009 by mexicoinstitute
Wall Street Journal, 1/2/2009
Investors began 2008 thinking stocks in Latin American might outperform those in other parts of the world again. And the region’s indexes did remain steady or even rose through midyear.
But by year end, Latin America had been hammered along with everyone else, ending the region’s five-year run of bull [...]
Filed under: Economic Integration | Tagged: financial crisis, Latin America, Mexican economy, Stock markets | Leave a Comment »
Posted on January 2, 2009 by mexicoinstitute
Reuters, 1/2/2009
Mexicans living abroad sent less money home in November compared with the same month a year ago, the central bank said on Friday.
Remittances, one of Mexico’s biggest sources of foreign currency, fell 10.68 percent in November to $1.607 billion, the bank said.
Read more…
Filed under: Economic Integration, Migration and Migrants | Tagged: financial crisis, Housing, Migrants, Remittances | Leave a Comment »
Posted on January 2, 2009 by mexicoinstitute
Los Angeles Times, 1/2/2009
Mexico is in a league of its own when it comes to red tape. Too often, many Mexicans complain, only bribes seem to get the creaky wheels of government turning.
So it stirred a sense of sweet vengeance when the government of President Felipe Calderon recently offered cash prizes in a contest to [...]
Filed under: Media and Society, Politics and Elections | Tagged: bureaucracy, Felipe Calderon, red tape, tramite | Leave a Comment »