Posted on November 19, 2009 by mexicoinstitute
Reuters, 11/19/09
Mexican cable operator Cablevision, owned by broadcaster Televisa, said on Thursday it could launch cellphone services in the first quarter of 2010.
“I think it would be in the first quarter,” Cablevision CEO Jean Paul Broc told reporters.
Cablevision (CABLECPO.MX) and other Mexican cable companies are rushing to stake out territory in telephone and Internet services [...]
Filed under: Economic Integration, Media and Society | Tagged: Cablevision and Televisa, Jean Paul Broc | Leave a Comment »
Posted on November 19, 2009 by mexicoinstitute
Reuters, 11/19/09
Mexican top government officials responded on Thursday to fears of an imminent credit downgrade by rating agencies, saying the country’s finances are on a “sustainable path” while ongoing infrastructure reforms will support economic growth.
Furthermore, a downgrade of Mexico’s BBB-plus rating wouldn’t bring major financing problems because the government has low external borrowing needs, Finance [...]
Filed under: Economic Integration, Media and Society, Politics and Elections | Tagged: Mexico's Credit Downgrade | Leave a Comment »
Posted on November 18, 2009 by mexicoinstitute
Stratfor, 11/18/09
As the southernmost portion of North America, Mexico was dealt a difficult geographic hand. It has a small and limited core territory surrounded by mountains, deserts and jungles that are inherently hard to control and nearly impossible to defend against threats from within or without.
The country is funnel-shaped, its high plateau anchored in the [...]
Filed under: Economic Integration, Energy and Natural Resources, Politics and Elections, Security and the Rule of Law | Tagged: geopolitics, History | Leave a Comment »
Posted on November 17, 2009 by mexicoinstitute
El Economista, 11/17/09
The ratings agency Moody’s confirmed the rating of Mexico, which remains at investment grade, following the adoption of the tax package in the House of Representatives.
This is the first rating agency that maintains the sovereign rating of Mexico.
Read More…
Filed under: Economic Integration | Tagged: Investment, Moody's, ratings agency | Leave a Comment »
Posted on November 17, 2009 by mexicoinstitute
El Economista, 11/17/09
Corruption increased in Mexico last year, according to Transparency International. According to the Index of Corruption Perception 2009, the country dropped 17 places to number 89, a place Mexico shares with Malawi, Lesotho, Morocco and Moldova.
Since 1955, the organization has published the index annually ranging from a score of “10″ for a country [...]
Filed under: Economic Integration, Politics and Elections, Security and the Rule of Law | Tagged: Corruption, transparency international | Leave a Comment »
Posted on November 16, 2009 by mexicoinstitute
El Universal, 11/16/09
Mexico was once boasted as a leader in Latin America, but is now an observer of the development of other nations. Academics and specialists confirm that the country has found itself stuck in several areas stymieing its competitiveness.
The majority agree: the country wasted its potential, never looked south to reassert itself [...]
Filed under: Economic Integration, Health and Science, Politics and Elections | Tagged: Competitiveness | Leave a Comment »
Posted on November 16, 2009 by mexicoinstitute
Bloomberg, 11/16/09
Nov. 16 (Bloomberg) — Mexico’s finance committee in the lower house of Congress approved the spending portion of the 2010 budget, calling for 3.18 trillion pesos ($243.9 billion) in total outlays.
The legislation calls for a deficit not including debt from state-owned oil company Petroleos Mexicanos of 0.75 percent of gross domestic product. The [...]
Filed under: Economic Integration, Politics and Elections | Tagged: Tax reform, 2010 Budget, camara de diputados | Leave a Comment »
Posted on November 15, 2009 by mexicoinstitute
The New York Times, 11/15/09
During the best of the times, Miguel Salcedo’s son, an illegal immigrant in San Diego, would be sending home hundreds of dollars a month to support his struggling family in Mexico. But at times like these, with the American economy out of whack and his son out of work, Mr. Salcedo [...]
Filed under: Economic Integration, Media and Society, Migration and Migrants | Tagged: Reverse Remittances, Unemployment | Leave a Comment »
Posted on November 12, 2009 by mexicoinstitute
World Resources Institute, 11/12/09
EMBARQ – the World Resources Institute Center for Sustainable Transport – today receives the 2009 Roy Family Award for Environmental Partnership from Harvard University for its work in establishing Mexico City’s Metrobus, a sustainable transit project in one of the world’s most populated and congested cities.
“We’re honored to receive this award,” said [...]
Filed under: Economic Integration, Energy and Natural Resources, Media and Society | Tagged: Harvard, Metrobus, Sustainable development | Leave a Comment »
Posted on November 12, 2009 by mexicoinstitute
Reforma, 11/12/09
Ciudad de México México is one of the countries that invests the most in education, but produces little human capital, said the Mexican Institute for Competitiveness (Imco).
While the country invests 2,180 dollars per secondary student, 0.8 percent of students aged 15 score at the level of excellence in international tests.
Read More…
Filed under: Economic Integration, Media and Society | Tagged: Education, Competitiveness, Insituto Mexicano para la competitividad | Leave a Comment »