Mexico security law latest bid to tackle spiraling drug crime

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 [...]

Editorial: NAFTA Turns 15: Bravo!

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 [...]

Crisis Puts an End to Americas’ Bull Run

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 [...]

Mexico migrant remittances fall in Nov

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…

No stamp of approval for Mexico bureaucrats

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 [...]