Pemex Plans $20B E&P Investment to Boost Production

Dow Jones Newswires, 1/23/2009
Mexican state oil monopoly Petroleos Mexicanos will increase its total debt load by $2.5 billion to $3 billion this year, as the company plans to boost investments to nearly $20 billion.
During a Thursday meeting with journalists, Pemex CEO Jesus Reyes Heroles said the company plans to carry out an aggressive investment program [...]

Nuevo Laredo Returns To Normal As Violence Slows

NPR, 1/23/2009
While Ciudad Juarez remains the epicenter of violence in Mexico, another border city has quietly begun to return to normal. Nuevo Laredo, across the river from Laredo, Texas, has experienced a dramatic drop in killings — from 180 murders in 2006, to 55 in 2008. Locals report they feel safe in the streets again, [...]

Obama Reverses Rules on U.S. Abortion Aid

The New York Times, 1/23/2009
President Obama repealed rules on Friday that restricted federal money for international organizations that promote or provide abortions overseas, sweeping aside a pillar of the social policy architecture of George W. Bush’s presidency.
The executive order that Mr. Obama signed reverses one of the first measures enacted by Mr. Bush when he [...]

Wood worth more than money at Mexican market

Agence France Presse, 1/23/2009
As some look to alternative economies to cope with the financial crisis, inhabitants of this village outside Mexico City are ahead of the game, using a centuries-old wooden currency.
Mexico has one of the fastest deforestation rates in the world, and the government has in recent years increased penalties for illegal tree felling. [...]

Editorial: Bush right on Ramos and Compean

Editorial, Los Angeles Times, 1/23/2009
Ignacio Ramos and Jose Alonso Compean, the two former Border Patrol agents whose prison sentences were commuted by President Bush this week, made an awful lot of mistakes on that day in February 2005 when they met Osvaldo Aldrete Davila near the U.S.-Mexico border.
This page believes that the agents committed serious [...]