Senate Approves Children’s Health Bill

The New York Times, 1/30/2009
The Senate passed a bill on Thursday to provide health insurance to more than four million uninsured children, as a newly empowered Democratic majority brushed aside Republican objections. The vote was 66 to 32, with nine Republicans joining Democrats to support the bill.
President George W. Bush twice vetoed similar legislation. But [...]

Calderón and Uribe agree on detention of drug traffickers (in Spanish)

La Reforma, 1/30/2009
The Colombian President, Alvaro Uribe, warned that the Colombian and Mexican governments agreed to pursue criminals in a reciprocal manner.
He explained that the subject was discussed during his meeting with Mexican President, Felipe Calderón, at the annual meeting of the Global Economic Forum.
“We agreed to capture criminals in Mexico that are sought by [...]

Mexico City braces for water rationing

Los Angeles Times, 1/30/2009
One of the world’s largest cities is launching a rationing plan in a drastic — and some say overdue — effort to conserve water after rampant development, mismanagement and reduced rainfall caused supplies to drop to dangerously low levels.
Starting Saturday, water will be cut or reduced to homes in at least 10 [...]

Mexico’s Cemex posts $707m loss

BBC, 1/30/2009
Mexican cement maker Cemex has posted its first quarterly loss in a decade amid lower demand and a strong dollar.
The company lost $707m (£495m) in the last three months of 2008. Its profit fell 92% to $203m during 2008, compared with 2007.
“In response to the challenging times we are facing, we remain focused on [...]

Mexico Peso Stuns UBS, Car Dealers With Biggest Drop Since 1995

Bloomberg, 1/30/2009
The steepest decline in Mexico’s peso in 13 years blindsided everyone from UBS AG economists to Gustavo Huitron, the local marketing manager for Mercedes-Benz.
After weakening 20 percent last year, the currency fell to a record closing low of 14.2431 per dollar this week. RBS Greenwich Capital Markets in Greenwich, Connecticut, now predicts another 5 [...]